Tyson Foods, Inc. $TSN Shares Bought by Swiss National Bank

Swiss National Bank increased its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 7.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 866,200 shares of the company’s stock after acquiring an additional 59,200 shares during the quarter. Swiss National Bank’s holdings in Tyson Foods were worth $48,455,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Davis Selected Advisers increased its position in 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 period. AQR Capital Management LLC grew its position 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 valued at $180,933,000 after buying an additional 2,518,416 shares during the last quarter. Amundi increased its stake in Tyson Foods by 96.3% in the 1st quarter. Amundi now owns 1,556,812 shares of the company’s stock valued at $98,951,000 after buying an additional 763,887 shares during the period. Nuveen LLC purchased a new position in Tyson Foods during the first quarter worth about $41,582,000. Finally, Vanguard Group Inc. lifted its stake in shares of Tyson Foods by 1.5% in the second quarter. Vanguard Group Inc. now owns 36,504,921 shares of the company’s stock valued at $2,042,085,000 after purchasing an additional 543,513 shares during the period. Institutional investors and hedge funds own 67.00% of the company’s stock.

Wall Street Analysts Forecast Growth

TSN has been the subject of several recent research reports. JPMorgan Chase & Co. started coverage on Tyson Foods in a research report on Wednesday, August 20th. They set a “neutral” rating and a $60.00 price target for the company. Bank of America dropped their price objective on shares of Tyson Foods from $59.00 to $58.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. BMO Capital Markets raised their price target on shares of Tyson Foods from $53.00 to $56.00 and gave the company a “market perform” rating in a report on Tuesday, November 11th. Santander assumed coverage on Tyson Foods in a report on Thursday, September 25th. They issued a “neutral” rating for the company. Finally, Zacks Research upgraded Tyson Foods from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 30th. Two investment analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $60.75.

Tyson Foods Stock Performance

Shares of TSN stock opened at $57.22 on Tuesday. Tyson Foods, Inc. has a 1-year low of $50.56 and a 1-year high of $64.72. The company has a current ratio of 1.73, a quick ratio of 0.78 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $20.36 billion, a price-to-earnings ratio of 26.01, a P/E/G ratio of 0.85 and a beta of 0.56. The stock’s fifty day simple moving average is $53.18 and its 200-day simple moving average is $54.67.

Tyson Foods (NYSE:TSN) last released its quarterly earnings data on Monday, November 10th. The company reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $14.08 billion. During the same quarter in the previous year, the business earned $0.92 EPS. Tyson Foods’s quarterly revenue was up 2.2% compared to the same quarter last year. Tyson Foods has set its FY 2026 guidance at EPS. On average, sell-side analysts predict that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods announced that its Board of Directors has authorized a stock repurchase plan on Thursday, August 7th that allows the company to buyback 43,000,000 outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.

Tyson Foods Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be given a $0.51 dividend. This is a positive change from Tyson Foods’s previous quarterly dividend of $0.50. This represents a $2.04 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Friday, February 27th. Tyson Foods’s dividend payout ratio (DPR) is currently 153.38%.

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.