Markel Group Inc. Boosts Holdings in Tyson Foods, Inc. $TSN

Markel Group Inc. grew its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 4.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 884,500 shares of the company’s stock after purchasing an additional 36,000 shares during the period. Markel Group Inc. owned approximately 0.25% of Tyson Foods worth $51,849,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Root Financial Partners LLC bought a new stake in shares of Tyson Foods in the third quarter worth $28,000. City Holding Co. bought a new stake in shares of Tyson Foods in the fourth quarter worth $29,000. Activest Wealth Management increased its stake in shares of Tyson Foods by 3,842.9% in the fourth quarter. Activest Wealth Management now owns 552 shares of the company’s stock worth $32,000 after buying an additional 538 shares during the last quarter. Wilmington Savings Fund Society FSB increased its stake in shares of Tyson Foods by 89.4% in the third quarter. Wilmington Savings Fund Society FSB now owns 682 shares of the company’s stock worth $37,000 after buying an additional 322 shares during the last quarter. Finally, ORG Partners LLC increased its stake in shares of Tyson Foods by 2,519.2% in the fourth quarter. ORG Partners LLC now owns 681 shares of the company’s stock worth $40,000 after buying an additional 655 shares during the last quarter. Hedge funds and other institutional investors own 67.00% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on TSN. Stephens lifted their price target on shares of Tyson Foods from $65.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 5th. Sanford C. Bernstein restated a “market perform” rating and issued a $69.00 price target on shares of Tyson Foods in a research note on Tuesday, February 3rd. BMO Capital Markets restated an “outperform” rating on shares of Tyson Foods in a research note on Tuesday, May 5th. Piper Sandler restated an “overweight” rating and issued a $80.00 price target on shares of Tyson Foods in a research note on Monday, May 4th. Finally, Mizuho began coverage on shares of Tyson Foods in a research note on Thursday, March 26th. They issued an “outperform” rating and a $72.00 price target for the company. Five equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, Tyson Foods presently has an average rating of “Hold” and a consensus target price of $68.27.

Tyson Foods Stock Performance

Tyson Foods stock opened at $65.10 on Friday. The company has a market cap of $22.92 billion, a PE ratio of 51.26, a P/E/G ratio of 1.36 and a beta of 0.40. The company has a fifty day moving average price of $64.29 and a two-hundred day moving average price of $61.16. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.83 and a quick ratio of 0.70. Tyson Foods, Inc. has a 12 month low of $50.56 and a 12 month high of $69.48.

Tyson Foods (NYSE:TSN) last released its quarterly earnings data on Monday, May 4th. The company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.11. Tyson Foods had a net margin of 0.81% and a return on equity of 7.59%. The firm had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.63 billion. During the same quarter in the previous year, the company posted $0.92 earnings per share. The firm’s revenue was up 4.4% on a year-over-year basis. Research analysts expect that Tyson Foods, Inc. will post 4.1 earnings per share for the current year.

Tyson Foods Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.51 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $2.04 annualized dividend and a dividend yield of 3.1%. Tyson Foods’s payout ratio is 160.63%.

Tyson Foods Company Profile

Tyson Foods, Inc (NYSE: TSN) is a multinational food company primarily engaged in the production, processing and marketing of protein-based and prepared food products. Founded in 1935 and headquartered in Springdale, Arkansas, the company is one of the world’s largest processors of chicken, beef and pork. Its operations span live animal procurement and farming relationships through slaughter, further processing and distribution, supplying raw protein and value-added prepared foods to retail, foodservice and industrial customers.

The company’s product portfolio covers fresh and frozen meats, branded and private-label prepared foods, and a range of value-added items such as ready-to-eat and ready-to-cook meals, snack and sandwich meats.