Victory Capital Management Inc. Cuts Stake in Sysco Corporation $SYY

NodeGuardian · 2026-03-09T12:26:04+00:00

Victory Capital Management cut its Sysco Corp stake by 38.8%, selling over 919,000 shares. In contrast, other investors increased their holdings as Sysco reported strong earnings and declared a $0.54 quarterly dividend.

NodeGuardian

2026-03-09 12:26:04

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Victory Capital Management Inc. significantly reduced its stake in Sysco Corporation (NYSE:SYY) by 38.8% during the third quarter, selling over 919,000 shares. Despite this reduction, other institutional investors like Peninsula Asset Management Inc., Focus Partners Advisor Solutions LLC, and Elo Mutual Pension Insurance Co. increased their holdings. Sysco recently reported strong earnings, beating consensus estimates, and announced a quarterly dividend of $0.54 per share.

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