Tyson Foods, Inc. $TSN Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 1.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,745,556 shares of the company’s stock after purchasing an additional 52,300 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Tyson Foods were worth $175,159,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Davis Selected Advisers increased its stake in shares of Tyson Foods by 51.9% in the first quarter. Davis Selected Advisers now owns 4,679,582 shares of the company’s stock worth $298,604,000 after acquiring an additional 1,598,896 shares during the period. Pacer Advisors Inc. increased its stake in shares of Tyson Foods by 4,207.2% in the first quarter. Pacer Advisors Inc. now owns 1,635,237 shares of the company’s stock worth $104,344,000 after acquiring an additional 1,597,272 shares during the period. Pzena Investment Management LLC increased its stake in shares of Tyson Foods by 10.6% in the first quarter. Pzena Investment Management LLC now owns 13,264,052 shares of the company’s stock worth $846,379,000 after acquiring an additional 1,271,750 shares during the period. Nuveen LLC acquired a new stake in shares of Tyson Foods in the first quarter worth $41,582,000. Finally, GAMMA Investing LLC increased its stake in shares of Tyson Foods by 5,809.7% in the first quarter. GAMMA Investing LLC now owns 461,665 shares of the company’s stock worth $29,459,000 after acquiring an additional 453,853 shares during the period. Institutional investors and hedge funds own 67.00% of the company’s stock.

Tyson Foods Stock Performance

TSN opened at $56.6310 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 1.73 and a debt-to-equity ratio of 0.44. The company has a market cap of $20.15 billion, a price-to-earnings ratio of 25.74, a PEG ratio of 0.77 and a beta of 0.59. Tyson Foods, Inc. has a 52-week low of $51.85 and a 52-week high of $66.88. The firm’s fifty day simple moving average is $55.04 and its two-hundred day simple moving average is $57.57.

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

Tyson Foods Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Monday, December 1st. Tyson Foods’s dividend payout ratio (DPR) is presently 90.91%.

Tyson Foods declared that its board has initiated a stock buyback plan on Thursday, August 7th that authorizes the company to buyback 43,000,000 outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Tyson Foods from a “buy” rating to a “hold” rating in a research note on Tuesday, May 6th. JPMorgan Chase & Co. cut their price objective on shares of Tyson Foods from $63.00 to $61.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 6th. Stephens cut their price objective on shares of Tyson Foods from $61.00 to $55.00 in a research note on Tuesday, July 15th. Bernstein Bank downgraded shares of Tyson Foods to a “market perform” rating and lowered their price target for the stock from $74.00 to $59.00 in a report on Wednesday, July 23rd. Finally, JP Morgan Cazenove lowered their price target on shares of Tyson Foods from $61.00 to $60.00 and set a “neutral” rating on the stock in a report on Monday, July 7th. Two investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $61.33.

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.