Westwood Holdings Group Inc. Invests $16.46 Million in Tyson Foods, Inc. $TSN

Westwood Holdings Group Inc. purchased a new stake in shares of Tyson Foods, Inc. (NYSE:TSN) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 294,198 shares of the company’s stock, valued at approximately $16,457,000.

A number of other hedge funds have also recently added to or reduced their stakes in TSN. Davis Selected Advisers grew its stake in shares of Tyson Foods by 91.4% during the second quarter. Davis Selected Advisers now owns 8,956,466 shares of the company’s stock worth $501,025,000 after buying an additional 4,276,884 shares during the last quarter. AQR Capital Management LLC grew its position in Tyson Foods by 776.8% during the 1st quarter. AQR Capital Management LLC now owns 2,842,627 shares of the company’s stock worth $180,933,000 after acquiring an additional 2,518,416 shares during the last quarter. Pacer Advisors Inc. increased its holdings in Tyson Foods by 4,207.2% in the 1st quarter. Pacer Advisors Inc. now owns 1,635,237 shares of the company’s stock worth $104,344,000 after purchasing an additional 1,597,272 shares in the last quarter. Amundi raised its position in Tyson Foods by 96.3% in the first quarter. Amundi now owns 1,556,812 shares of the company’s stock valued at $98,951,000 after purchasing an additional 763,887 shares during the last quarter. Finally, Nuveen LLC acquired a new stake in shares of Tyson Foods during the first quarter valued at about $41,582,000. Institutional investors and hedge funds own 67.00% of the company’s stock.

Tyson Foods Stock Performance

NYSE:TSN opened at $53.92 on Friday. The company has a quick ratio of 0.78, a current ratio of 1.73 and a debt-to-equity ratio of 0.44. Tyson Foods, Inc. has a twelve month low of $50.56 and a twelve month high of $65.33. The company has a fifty day moving average of $53.36 and a 200-day moving average of $54.86. The firm has a market capitalization of $19.18 billion, a P/E ratio of 24.51, a P/E/G ratio of 0.85 and a beta of 0.56.

Tyson Foods (NYSE:TSN) last posted its quarterly earnings results on Monday, November 10th. The company reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.30. Tyson Foods had a net margin of 1.45% and a return on equity of 7.49%. The business had revenue of $13.86 billion during the quarter, compared to analysts’ expectations of $14.08 billion. During the same period last year, the company posted $0.92 earnings per share. The business’s quarterly revenue was up 2.2% on a year-over-year basis. Tyson Foods has set its FY 2026 guidance at EPS. As a group, sell-side analysts anticipate that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods declared that its Board of Directors has initiated a share repurchase 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. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Tyson Foods Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 3.8%. This is a boost from Tyson Foods’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Friday, February 27th. Tyson Foods’s payout ratio is 153.38%.

Analyst Ratings Changes

A number of research analysts recently issued reports on TSN shares. Bernstein Bank lowered shares of Tyson Foods to a “market perform” rating and dropped their price objective for the company from $74.00 to $59.00 in a report on Wednesday, July 23rd. JPMorgan Chase & Co. assumed coverage on shares of Tyson Foods in a report on Wednesday, August 20th. They set a “neutral” rating and a $60.00 price target on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Tyson Foods in a report on Wednesday, October 8th. Zacks Research raised Tyson Foods from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 30th. Finally, Sanford C. Bernstein lowered Tyson Foods from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $74.00 to $59.00 in a research report on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $60.75.

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.