Creative Planning Sells 6,889 Shares of Tyson Foods, Inc. $TSN

Creative Planning decreased its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 19.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,851 shares of the company’s stock after selling 6,889 shares during the period. Creative Planning’s holdings in Tyson Foods were worth $1,558,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of TSN. Zions Bancorporation National Association UT acquired a new stake in Tyson Foods in the 1st quarter worth about $28,000. NewSquare Capital LLC increased its holdings in shares of Tyson Foods by 175.3% during the second quarter. NewSquare Capital LLC now owns 512 shares of the company’s stock worth $29,000 after purchasing an additional 326 shares during the period. Matrix Trust Co raised 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 valued at $32,000 after buying an additional 564 shares in the last quarter. First Command Advisory Services Inc. boosted its stake in shares of Tyson Foods by 389.8% in the second quarter. First Command Advisory Services Inc. now owns 578 shares of the company’s stock valued at $32,000 after buying an additional 460 shares during the period. Finally, Beacon Capital Management LLC acquired a new stake in Tyson Foods during the second quarter worth approximately $37,000. Institutional investors own 67.00% of the company’s stock.

Tyson Foods Trading Up 1.5%

TSN opened at $57.98 on Friday. The company has a market cap of $20.47 billion, a P/E ratio of 26.35, a PEG ratio of 0.85 and a beta of 0.56. 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’s 50 day moving average is $53.39 and its 200-day moving average is $54.73. Tyson Foods, Inc. has a 1-year low of $50.56 and a 1-year high of $64.72.

Tyson Foods (NYSE:TSN) last issued its quarterly earnings data on Monday, November 10th. The company reported $1.15 EPS for the quarter, beating the consensus estimate of $0.85 by $0.30. The business had revenue of $13.86 billion during the quarter, compared to the consensus estimate of $14.08 billion. Tyson Foods had a net margin of 1.45% and a return on equity of 7.49%. The firm’s revenue was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.92 EPS. Tyson Foods has set its FY 2026 guidance at EPS. Equities research analysts predict that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

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

Tyson Foods Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be issued a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Friday, February 27th. This is a boost from Tyson Foods’s previous quarterly dividend of $0.50. Tyson Foods’s payout ratio is currently 153.38%.

Insider Buying and Selling

In other Tyson Foods news, CFO Curt Calaway sold 6,539 shares of the stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $57.19, for a total value of $373,965.41. Following the completion of the transaction, the chief financial officer directly owned 31,833 shares in the company, valued at approximately $1,820,529.27. This trade represents a 17.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on TSN shares. 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 target price for the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tyson Foods in a research report on Monday. Santander began coverage on shares of Tyson Foods in a research note on Thursday, September 25th. They set a “neutral” rating on the stock. Zacks Research upgraded shares of Tyson Foods from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 30th. Finally, Bank of America reduced their price target 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 and fifteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $60.75.

About Tyson Foods

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.