apricus wealth LLC Grows Stock Holdings in Tyson Foods, Inc. $TSN

apricus wealth LLC increased its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 3.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,625 shares of the company’s stock after purchasing an additional 1,715 shares during the period. Tyson Foods accounts for approximately 1.9% of apricus wealth LLC’s portfolio, making the stock its 17th largest position. apricus wealth LLC’s holdings in Tyson Foods were worth $3,279,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. State of Alaska Department of Revenue raised its position in shares of Tyson Foods by 70.5% during the 2nd quarter. State of Alaska Department of Revenue now owns 57,141 shares of the company’s stock worth $3,195,000 after acquiring an additional 23,625 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in Tyson Foods by 66.6% during the second quarter. Robeco Institutional Asset Management B.V. now owns 332,578 shares of the company’s stock worth $18,604,000 after purchasing an additional 132,947 shares in the last quarter. Bessemer Group Inc. lifted its position in shares of Tyson Foods by 11.3% during 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 last quarter. Tabor Asset Management LP acquired a new position in shares of Tyson Foods in the 1st quarter valued at $2,180,000. Finally, VELA Investment Management LLC grew its position in shares of Tyson Foods by 45.6% in the 1st quarter. VELA Investment Management LLC now owns 17,678 shares of the company’s stock valued at $1,128,000 after buying an additional 5,537 shares during the last quarter. 67.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Zacks Research downgraded shares of Tyson Foods from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 1st. JPMorgan Chase & Co. started coverage on Tyson Foods in a research report on Wednesday, August 20th. They issued a “neutral” rating and a $60.00 target price for the company. BMO Capital Markets cut their price target on Tyson Foods from $62.00 to $58.00 and set a “market perform” rating on the stock in a research report on Monday, July 28th. Santander started coverage on Tyson Foods in a research note on Thursday, September 25th. They issued a “neutral” rating for the company. Finally, Bank of America lowered their target price on shares of Tyson Foods from $59.00 to $58.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Tyson Foods presently has an average rating of “Hold” and a consensus price target of $60.92.

Tyson Foods Stock Up 0.0%

Tyson Foods stock opened at $52.49 on Tuesday. The stock has a 50 day moving average of $54.95 and a two-hundred day moving average of $55.90. Tyson Foods, Inc. has a twelve month low of $51.07 and a twelve month high of $65.95. The stock has a market capitalization of $18.67 billion, a price-to-earnings ratio of 23.86, a PEG ratio of 0.86 and a beta of 0.57. The company has a current ratio of 1.73, a quick ratio of 0.78 and a debt-to-equity ratio of 0.44.

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

Tyson Foods announced that its Board of Directors has approved a share buyback plan on Thursday, August 7th that permits the company to repurchase 43,000,000 shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Tyson Foods Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Monday, December 1st. Tyson Foods’s payout ratio is 90.91%.

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.