Trilogy Capital Inc. Takes Position in Tyson Foods, Inc. $TSN

Trilogy Capital Inc. bought a new position in Tyson Foods, Inc. (NYSE:TSN) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,082 shares of the company’s stock, valued at approximately $228,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State of Alaska Department of Revenue increased its stake in shares of Tyson Foods by 70.5% in the second quarter. State of Alaska Department of Revenue now owns 57,141 shares of the company’s stock worth $3,195,000 after purchasing an additional 23,625 shares in the last quarter. Bessemer Group Inc. boosted its holdings in Tyson Foods by 11.3% in the 1st quarter. Bessemer Group Inc. now owns 6,399 shares of the company’s stock worth $408,000 after buying an additional 651 shares during the period. Tabor Asset Management LP purchased a new stake in Tyson Foods in the 1st quarter worth $2,180,000. VELA Investment Management LLC raised its holdings in Tyson Foods by 45.6% during the first quarter. VELA Investment Management LLC now owns 17,678 shares of the company’s stock valued at $1,128,000 after acquiring an additional 5,537 shares during the period. Finally, World Investment Advisors lifted its position in shares of Tyson Foods by 54.2% in the first quarter. World Investment Advisors now owns 14,861 shares of the company’s stock valued at $948,000 after acquiring an additional 5,226 shares in the last quarter. Institutional investors own 67.00% of the company’s stock.

Tyson Foods Price Performance

NYSE:TSN opened at $54.44 on Friday. The firm has a market capitalization of $19.37 billion, a price-to-earnings ratio of 24.74, a PEG ratio of 0.71 and a beta of 0.57. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.73 and a quick ratio of 0.78. The business has a 50 day simple moving average of $55.34 and a 200-day simple moving average of $56.70. Tyson Foods, Inc. has a 1 year low of $51.85 and a 1 year high of $65.95.

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. The company had revenue of $13.88 billion for the quarter, compared to analyst estimates of $13.54 billion. Tyson Foods had a return on equity of 7.49% and a net margin of 1.45%.Tyson Foods’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.87 EPS. Tyson Foods has set its FY 2025 guidance at EPS. Equities analysts forecast that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods announced that its board has authorized a share buyback program on Thursday, August 7th that permits the company to repurchase 43,000,000 outstanding shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

Tyson Foods Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Monday, December 1st. Tyson Foods’s dividend payout ratio (DPR) is 90.91%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TSN. Bernstein Bank cut Tyson Foods to a “market perform” rating and cut their target price for the stock from $74.00 to $59.00 in a research report on Wednesday, July 23rd. JP Morgan Cazenove dropped their price target on Tyson Foods from $61.00 to $60.00 and set a “neutral” rating for the company in a research note on Monday, July 7th. The Goldman Sachs Group started coverage on shares of Tyson Foods in a research report on Monday, June 23rd. They set a “buy” rating and a $67.00 price objective on the stock. JPMorgan Chase & Co. began coverage on shares of Tyson Foods in a report on Wednesday, August 20th. They issued a “neutral” rating and a $60.00 target price on the stock. Finally, Santander initiated coverage on shares of Tyson Foods in a research report on Thursday, September 25th. They set a “neutral” rating for the company. Two investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $61.25.

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.