PensionDanmark Pensionsforsikringsaktieselskab 13F: Cuts SYY Stake by $3.4M
Key Points
- PensionDanmark lowered its Sysco Corporation position by 53.4% during the period, cutting 43,648 shares to leave a remaining stake of 38,182 shares valued at approximately $2.98 million.
- Sysco Corporation generated $84.55 billion in trailing twelve-month revenue with a net profit margin of 2.1% ahead of its next earnings release scheduled for November 3, 2026.
- Wall Street analysts maintain a mix of ratings on Sysco, recently updated by firms including Morgan Stanley with an Equal-Weight rating and a $91 price target.
Get Sysco text alerts
We text you when insiders, Congress, analysts or big funds move on $SYY.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Sysco Corporation alert may contain errors. Disclosures
PensionDanmark reduced its stake in Sysco Corporation (NYSE: SYY) by 53.4% during the period, according to a Form 13F filing on October 19, 2026. The fund cut its holdings by 43,648 shares, leaving it with 38,182 shares valued at about $2.98 million.
SYY
Sysco Corporation
PensionDanmark Pensionsforsikringsaktieselskab vs. the S&P 500
Hypothetical returns from PensionDanmark Pensionsforsikringsaktieselskab's disclosed trades, not real profit or advice. How we model this.
What Changed in PensionDanmark's Sysco Corporation Position
The fund held 81,830 shares before the transaction. The 53.4% reduction leaves PensionDanmark with a smaller footprint in the food distributor. Sysco shares closed at $82.22 on October 16, 2026, and recently traded down about 0.8% at $81.59 as of October 20, 2026.
Other Institutional Activity in Sysco Corporation
Other large institutional investors adjusted their positions in Sysco around the same time. Harris Associates L.P. grew its holdings by 5,283,271 shares, ending with 16,292,380 shares worth about $1.33 billion. Boston Partners reduced its holdings by 4,394,612 shares, ending with 6,189,713 shares worth about $505.0 million.
Sysco Corporation Stock Down 0.7%
The stock recently changed hands around $81.59, sitting below its event close of $82.22 on October 16. Sysco carries a beta of 0.64, showing less volatility than the wider market.
Recent Earnings
Sysco posted $84.55 billion in trailing twelve-month revenue along with $3.66 in trailing twelve-month earnings per share. The company reported a 4.7% year-over-year increase in revenue and a return on equity of 77.7%. Investors look toward the company's next earnings report scheduled for November 3, 2026.
Dividend
Sysco pays an annual dividend rate of $2.20 per share, with a dividend payout ratio of 59.3%.
Insider Buying and Selling at Sysco Corporation
Company insiders were active in the market prior to the filing. Ronald L Phillips sold 6,652 shares on August 11, 2026, for $558,167. Ronald L Phillips later sold 7,856 shares on August 24, 2026, for $657,083, followed by another sale of 1,017 shares on September 14, 2026, for $84,486.
Analysts Set New Price Targets
Wall Street firms updated their views on the stock ahead of the filing. UBS maintained a Buy rating with a $95 price target on August 5, 2026. Citigroup maintained a Neutral rating with an $86 price target on the same day. Piper Sandler maintained a Neutral rating with an $84 price target on August 5, 2026. JP Morgan maintained an Overweight rating with a $95 price target on September 29, 2026. Morgan Stanley maintained an Equal-Weight rating with a $91 price target on October 15, 2026.
About Sysco Corporation
Sysco Corporation is a Houston-based distributor of food and related products. The company supplies restaurants, healthcare facilities, schools, and lodging providers across multiple international and domestic segments.
Bottom Line
Investors are keeping an eye on Sysco's upcoming earnings release on November 3, 2026, to gauge margin stability and demand trends across the foodservice sector. Institutional shifts and insider transactions continue to shape market sentiment for the distributor.
Related Filing Alerts
Source: PensionDanmark Pensionsforsikringsaktieselskab's 13F filing on $SYY (Oct 19, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts