Varma Mutual Pension Insurance Co Buys 11,500 Shares of Sysco Corporation $SYY

Varma Mutual Pension Insurance Co increased its stake in Sysco Corporation by 8.8% in the third quarter, acquiring an additional 11,500 shares, bringing its total holdings to 141,507 shares valued at $11.65 million. This move is consistent with high institutional ownership in Sysco, with firms like Norges Bank and Vanguard Group holding significant positions. Sysco maintains a “Moderate Buy” analyst rating with a consensus price target of $89.69, following a recent EPS beat and positive FY2026 guidance.