Intrua Financial LLC Lowers Holdings in Tyson Foods, Inc. $TSN

Intrua Financial LLC cut its holdings in Tyson Foods, Inc. (NYSE:TSN) by 6.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,707 shares of the company’s stock after selling 325 shares during the period. Intrua Financial LLC’s holdings in Tyson Foods were worth $300,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in TSN. AQR Capital Management LLC lifted its holdings in Tyson Foods by 776.8% in the 1st quarter. AQR Capital Management LLC now owns 2,842,627 shares of the company’s stock worth $180,933,000 after purchasing an additional 2,518,416 shares in the last quarter. Davis Selected Advisers lifted its holdings in Tyson Foods by 51.9% in the 1st quarter. Davis Selected Advisers now owns 4,679,582 shares of the company’s stock worth $298,604,000 after purchasing an additional 1,598,896 shares in the last quarter. Pacer Advisors Inc. raised its holdings in shares of Tyson Foods by 4,207.2% during the 1st quarter. Pacer Advisors Inc. now owns 1,635,237 shares of the company’s stock worth $104,344,000 after acquiring an additional 1,597,272 shares in the last quarter. Pzena Investment Management LLC raised its holdings in shares of Tyson Foods by 10.6% during the 1st quarter. Pzena Investment Management LLC now owns 13,264,052 shares of the company’s stock worth $846,379,000 after acquiring an additional 1,271,750 shares in the last quarter. Finally, Amundi raised its holdings in shares of Tyson Foods by 96.3% during the 1st quarter. Amundi now owns 1,556,812 shares of the company’s stock worth $98,951,000 after acquiring an additional 763,887 shares in the last quarter. 67.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TSN has been the topic of several recent research reports. Bernstein Bank cut Tyson Foods to a “market perform” rating and decreased their price objective for the stock from $74.00 to $59.00 in a report on Wednesday, July 23rd. Stephens decreased their price objective on Tyson Foods from $61.00 to $55.00 in a report on Tuesday, July 15th. JPMorgan Chase & Co. initiated coverage on Tyson Foods in a report on Wednesday, August 20th. They set a “neutral” rating and a $60.00 price objective on the stock. BMO Capital Markets decreased their price objective on Tyson Foods from $62.00 to $58.00 and set a “market perform” rating on the stock in a report on Monday, July 28th. Finally, The Goldman Sachs Group initiated coverage on Tyson Foods in a report on Monday, June 23rd. They set a “buy” rating and a $67.00 price objective on the stock. Two equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $61.25.

Tyson Foods Stock Performance

NYSE:TSN opened at $55.17 on Friday. The stock’s fifty day moving average is $55.39 and its 200 day moving average is $57.35. Tyson Foods, Inc. has a fifty-two week low of $51.85 and a fifty-two week high of $65.95. The firm has a market capitalization of $19.63 billion, a PE ratio of 25.08, a PEG ratio of 0.76 and a beta of 0.59. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.78 and a current ratio of 1.73.

Tyson Foods (NYSE:TSN) last released its quarterly earnings results on Monday, August 4th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.19. Tyson Foods had a return on equity of 7.49% and a net margin of 1.45%.The company had revenue of $13.88 billion for the quarter, compared to analyst estimates of $13.54 billion. During the same quarter in the prior year, the firm posted $0.87 EPS. Tyson Foods’s quarterly revenue was up 4.0% compared to the same quarter last year. Tyson Foods has set its FY 2025 guidance at EPS. On average, sell-side analysts anticipate that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.6%. The ex-dividend date is Monday, December 1st. Tyson Foods’s dividend payout ratio is presently 90.91%.

Tyson Foods declared that its Board of Directors has approved a stock buyback plan on Thursday, August 7th that allows the company to repurchase 43,000,000 outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

Tyson Foods Company Profile

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Beef, Pork, Chicken, and Prepared Foods. The company processes live fed cattle and hogs; fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, as well as case ready beef and pork, and fully cooked meats; raises and processes chickens into fresh, frozen, and value-added chicken products, including breaded chicken strips, nuggets, patties, and other ready-to-fix or fully cooked chicken parts; and supplies poultry breeding stock.