Tyson Foods, Inc. $TSN Stock Holdings Reduced by R Squared Ltd

R Squared Ltd lowered its stake in Tyson Foods, Inc. (NYSE:TSN) by 18.6% in the second quarter, Holdings Channel.com reports. The institutional investor owned 5,950 shares of the company’s stock after selling 1,360 shares during the quarter. R Squared Ltd’s holdings in Tyson Foods were worth $333,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in TSN. Zions Bancorporation National Association UT acquired a new stake in shares of Tyson Foods in the first quarter worth about $28,000. Matrix Trust Co lifted its position in shares of Tyson Foods by 28,200.0% in the second quarter. Matrix Trust Co now owns 566 shares of the company’s stock worth $32,000 after buying an additional 564 shares during the last quarter. Beacon Capital Management LLC acquired a new stake in shares of Tyson Foods in the second quarter worth about $37,000. Armstrong Advisory Group Inc. lifted its position in shares of Tyson Foods by 130.6% in the second quarter. Armstrong Advisory Group Inc. now owns 685 shares of the company’s stock worth $38,000 after buying an additional 388 shares during the last quarter. Finally, ST Germain D J Co. Inc. acquired a new stake in shares of Tyson Foods in the second quarter worth about $41,000. Institutional investors and hedge funds own 67.00% of the company’s stock.

Tyson Foods Price Performance

NYSE TSN opened at $51.36 on Friday. Tyson Foods, Inc. has a twelve month low of $51.04 and a twelve month high of $65.95. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.78 and a current ratio of 1.73. The stock has a market capitalization of $18.27 billion, a PE ratio of 23.34, a P/E/G ratio of 0.87 and a beta of 0.57. The stock has a 50-day simple moving average of $54.57 and a 200 day simple moving average of $55.76.

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

Tyson Foods Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be issued a $0.50 dividend. The ex-dividend date of this dividend is Monday, December 1st. This represents a $2.00 annualized dividend and a yield of 3.9%. Tyson Foods’s dividend payout ratio is 90.91%.

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

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on TSN. BMO Capital Markets reduced their price target on Tyson Foods from $62.00 to $58.00 and set a “market perform” rating for the company in a research report on Monday, July 28th. JP Morgan Cazenove cut their price objective on Tyson Foods from $61.00 to $60.00 and set a “neutral” rating for the company in a research report on Monday, July 7th. Santander assumed coverage on Tyson Foods in a research report on Thursday, September 25th. They set a “neutral” rating for the company. Stephens cut their price objective on Tyson Foods from $61.00 to $55.00 in a research report on Tuesday, July 15th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Tyson Foods in a research report on Friday. Two research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $60.92.

Tyson Foods 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.