Tyson Foods, Inc. $TSN Shares Bought by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in Tyson Foods, Inc. (NYSE:TSN) by 23.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 192,646 shares of the company’s stock after buying an additional 37,000 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund owned about 0.05% of Tyson Foods worth $10,777,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Allworth Financial LP lifted its position in Tyson Foods by 12.6% in the first quarter. Allworth Financial LP now owns 1,705 shares of the company’s stock valued at $105,000 after buying an additional 191 shares during the last quarter. Horizon Investments LLC lifted its position in Tyson Foods by 5.1% in 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 last quarter. Independent Advisor Alliance lifted its position in Tyson Foods by 2.3% in the first quarter. Independent Advisor Alliance now owns 9,100 shares of the company’s stock valued at $581,000 after buying an additional 204 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its position in Tyson Foods by 0.4% in the second quarter. DekaBank Deutsche Girozentrale now owns 56,200 shares of the company’s stock valued at $3,099,000 after buying an additional 206 shares during the last quarter. Finally, Peddock Capital Advisors LLC lifted its position in Tyson Foods by 1.0% in the second quarter. Peddock Capital Advisors LLC now owns 21,152 shares of the company’s stock valued at $1,183,000 after buying an additional 217 shares during the last quarter. Institutional investors and hedge funds own 67.00% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on TSN shares. JPMorgan Chase & Co. began coverage on shares of Tyson Foods in a research report on Wednesday, August 20th. They issued a “neutral” rating and a $60.00 target price on the stock. Sanford C. Bernstein cut shares of Tyson Foods from an “outperform” rating to a “market perform” rating and reduced their price target for the stock from $74.00 to $59.00 in a research report on Wednesday, July 23rd. BMO Capital Markets reduced their price target on shares of 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. Zacks Research cut shares of Tyson Foods from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 1st. Finally, Bernstein Bank cut shares of Tyson Foods to a “market perform” rating and reduced their price target for the stock from $74.00 to $59.00 in a research report on Wednesday, July 23rd. Two analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $60.92.

Tyson Foods Stock Up 0.2%

TSN stock opened at $52.20 on Wednesday. The company’s 50 day moving average price is $54.41 and its 200 day moving average price is $55.61. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.78 and a current ratio of 1.73. Tyson Foods, Inc. has a fifty-two week low of $51.04 and a fifty-two week high of $65.95. The firm has a market capitalization of $18.57 billion, a price-to-earnings ratio of 23.73, a PEG ratio of 0.87 and a beta of 0.57.

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

Tyson Foods Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors 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 dividend payout ratio is presently 90.91%.

Tyson Foods declared that its Board of Directors has approved a stock buyback plan on Thursday, August 7th that authorizes the company to repurchase 43,000,000 outstanding shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its stock is undervalued.

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.