Jefferies Financial Group Inc. Reduces Stake in Tyson Foods, Inc. $TSN

Jefferies Financial Group Inc. lessened its holdings in Tyson Foods, Inc. (NYSE:TSN) by 25.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,335 shares of the company’s stock after selling 5,476 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Tyson Foods were worth $914,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Davis Selected Advisers increased its stake in shares of Tyson Foods by 91.4% in the second quarter. Davis Selected Advisers now owns 8,956,466 shares of the company’s stock worth $501,025,000 after acquiring an additional 4,276,884 shares during the period. AQR Capital Management LLC lifted its position in Tyson Foods by 776.8% during the first quarter. AQR Capital Management LLC now owns 2,842,627 shares of the company’s stock valued at $180,933,000 after purchasing an additional 2,518,416 shares during the period. Amundi boosted its holdings 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. Nuveen LLC purchased a new stake in Tyson Foods in the first quarter valued at $41,582,000. Finally, Vanguard Group Inc. grew its position in Tyson Foods by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 36,504,921 shares of the company’s stock worth $2,042,085,000 after purchasing an additional 543,513 shares during the period. 67.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Tyson Foods

In related news, CFO Curt Calaway sold 6,539 shares of the company’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $57.19, for a total transaction of $373,965.41. Following the completion of the transaction, the chief financial officer owned 31,833 shares in the company, valued at $1,820,529.27. This represents a 17.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.03% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TSN. BMO Capital Markets boosted their price objective on Tyson Foods from $53.00 to $56.00 and gave the company a “market perform” rating in a report on Tuesday, November 11th. Zacks Research upgraded Tyson Foods from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 30th. 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 target price for the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tyson Foods in a research note on Monday. Finally, Santander initiated coverage on shares of Tyson Foods in a research report on Thursday, September 25th. They set a “neutral” rating on the stock. Two research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. Based on data from MarketBeat.com, Tyson Foods currently has a consensus rating of “Hold” and an average price target of $60.75.

Tyson Foods Stock Up 1.5%

Tyson Foods stock opened at $57.98 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.73 and a quick ratio of 0.78. The stock has a market capitalization of $20.47 billion, a PE ratio of 26.35, a price-to-earnings-growth ratio of 0.85 and a beta of 0.56. The business has a 50 day simple moving average of $53.39 and a 200-day simple moving average of $54.73. Tyson Foods, Inc. has a 12 month low of $50.56 and a 12 month high of $64.72.

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

Tyson Foods declared that its Board of Directors has approved a share repurchase plan on Thursday, August 7th that permits the company to buyback 43,000,000 shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Tyson Foods Increases Dividend

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

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.