Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Tyson Foods, Inc. (NYSE:TSN – Free Report) by 7.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,198 shares of the company’s stock after purchasing an additional 4,751 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Tyson Foods were worth $3,927,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of TSN. Horizon Investments LLC raised its position in Tyson Foods by 5.1% during the first quarter. Horizon Investments LLC now owns 4,111 shares of the company’s stock valued at $262,000 after buying an additional 201 shares during the period. Independent Advisor Alliance boosted its position in Tyson Foods by 2.3% during the 1st quarter. Independent Advisor Alliance now owns 9,100 shares of the company’s stock worth $581,000 after acquiring an additional 204 shares during the period. DekaBank Deutsche Girozentrale grew its stake in Tyson Foods by 0.4% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 56,200 shares of the company’s stock valued at $3,099,000 after acquiring an additional 206 shares in the last quarter. Peddock Capital Advisors LLC grew its stake in Tyson Foods by 1.0% during the 2nd quarter. Peddock Capital Advisors LLC now owns 21,152 shares of the company’s stock valued at $1,183,000 after acquiring an additional 217 shares in the last quarter. Finally, Rossby Financial LCC increased its holdings in shares of Tyson Foods by 25.0% in the 2nd quarter. Rossby Financial LCC now owns 1,084 shares of the company’s stock valued at $61,000 after purchasing an additional 217 shares during the period. Institutional investors and hedge funds own 67.00% of the company’s stock.
Analysts Set New Price Targets
TSN has been the subject of several research reports. Zacks Research upgraded shares of Tyson Foods from a “strong sell” rating to a “hold” rating in a report on Thursday, October 30th. Bernstein Bank downgraded shares of Tyson Foods to a “market perform” rating and cut their target price for the stock from $74.00 to $59.00 in a research report on Wednesday, July 23rd. Sanford C. Bernstein lowered shares of Tyson Foods from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $74.00 to $59.00 in a research note on Wednesday, July 23rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tyson Foods in a research note on Monday. Finally, Santander started coverage on Tyson Foods in a report on Thursday, September 25th. They set a “neutral” rating for the company. Two analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. According to MarketBeat, Tyson Foods has a consensus rating of “Hold” and an average price target of $60.75.
Tyson Foods Stock Performance
Shares of TSN opened at $53.73 on Wednesday. The firm has a market cap of $19.12 billion, a price-to-earnings ratio of 24.42, a price-to-earnings-growth ratio of 0.85 and a beta of 0.56. The company’s fifty day moving average is $53.26 and its 200-day moving average is $54.72. The company has a quick ratio of 0.78, a current ratio of 1.73 and a debt-to-equity ratio of 0.44. Tyson Foods, Inc. has a 12 month low of $50.56 and a 12 month high of $64.72.
Tyson Foods (NYSE:TSN – Get Free Report) 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. The business had revenue of $13.86 billion during the quarter, compared to analyst estimates of $14.08 billion. Tyson Foods had a net margin of 1.45% and a return on equity of 7.49%. Tyson Foods’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.92 EPS. Tyson Foods has set its FY 2026 guidance at EPS. Equities analysts expect that Tyson Foods, Inc. will post 3.8 EPS for the current fiscal year.
Tyson Foods Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be issued a dividend of $0.51 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.8%. This is a positive change from Tyson Foods’s previous quarterly dividend of $0.50. Tyson Foods’s payout ratio is currently 153.38%.
Tyson Foods announced that its board has authorized a stock buyback program on Thursday, August 7th that authorizes the company to repurchase 43,000,000 shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its shares are undervalued.
Tyson Foods Company 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.
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