Liberty One Investment Management LLC Buys 4,096 Shares of Tyson Foods, Inc. $TSN

Liberty One Investment Management LLC grew its stake in Tyson Foods, Inc. (NYSE:TSN) by 5.0% during the 2nd quarter, HoldingsChannel reports. The firm owned 86,171 shares of the company’s stock after acquiring an additional 4,096 shares during the quarter. Liberty One Investment Management LLC’s holdings in Tyson Foods were worth $4,820,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. apricus wealth LLC grew its position in Tyson Foods by 3.0% during the 2nd quarter. apricus wealth LLC now owns 58,625 shares of the company’s stock worth $3,279,000 after acquiring an additional 1,715 shares during the last quarter. DekaBank Deutsche Girozentrale grew its holdings in shares of Tyson Foods by 0.4% during the second quarter. DekaBank Deutsche Girozentrale now owns 56,200 shares of the company’s stock worth $3,099,000 after purchasing an additional 206 shares during the last quarter. Unison Advisors LLC grew its holdings in shares of Tyson Foods by 0.9% during the second quarter. Unison Advisors LLC now owns 26,433 shares of the company’s stock worth $1,479,000 after purchasing an additional 224 shares during the last quarter. Chicago Partners Investment Group LLC increased its stake in shares of Tyson Foods by 42.1% in the second quarter. Chicago Partners Investment Group LLC now owns 7,457 shares of the company’s stock valued at $406,000 after buying an additional 2,208 shares in the last quarter. Finally, Chevy Chase Trust Holdings LLC increased its stake in shares of Tyson Foods by 0.7% in the second quarter. Chevy Chase Trust Holdings LLC now owns 151,183 shares of the company’s stock valued at $8,457,000 after buying an additional 1,092 shares in the last quarter. 67.00% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TSN has been the subject of a number of research reports. JP Morgan Cazenove lowered their target price on Tyson Foods from $61.00 to $60.00 and set a “neutral” rating for the company in a research note on Monday, July 7th. Santander initiated coverage on Tyson Foods in a report on Thursday, September 25th. They set a “neutral” rating on the stock. Stephens cut their price target on Tyson Foods from $61.00 to $55.00 in a research note on Tuesday, July 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Tyson Foods in a research note on Wednesday, October 8th. Finally, The Goldman Sachs Group initiated coverage on Tyson Foods in a research note on Monday, June 23rd. They issued a “buy” rating and a $67.00 price target on the stock. Two research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $60.92.

Tyson Foods Price Performance

TSN opened at $52.49 on Tuesday. 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 $51.07 and a 12 month high of $65.95. The company has a fifty day simple moving average of $54.95 and a 200 day simple moving average of $55.90. The stock has a market cap of $18.67 billion, a P/E ratio of 23.86, a P/E/G ratio of 0.86 and a beta of 0.57.

Tyson Foods (NYSE:TSN) last released its quarterly earnings data on Monday, August 4th. The company reported $0.91 EPS for the quarter, beating 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 business had revenue of $13.88 billion during the quarter, compared to analysts’ expectations of $13.54 billion. During the same quarter in the prior year, the company earned $0.87 EPS. The firm’s quarterly revenue was up 4.0% on a year-over-year basis. Tyson Foods has set its FY 2025 guidance at EPS. On average, research analysts expect that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be given a $0.50 dividend. The ex-dividend date is Monday, December 1st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.8%. Tyson Foods’s dividend payout ratio is currently 90.91%.

Tyson Foods declared that its board has initiated a share buyback program on Thursday, August 7th that permits the company to buyback 43,000,000 shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management 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.