Lion Street Advisors LLC Has $603,000 Holdings in Tyson Foods, Inc. $TSN

Lion Street Advisors LLC cut its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 21.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,773 shares of the company’s stock after selling 2,856 shares during the period. Lion Street Advisors LLC’s holdings in Tyson Foods were worth $603,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. State of Alaska Department of Revenue grew its stake in shares of Tyson Foods by 70.5% during the second quarter. State of Alaska Department of Revenue now owns 57,141 shares of the company’s stock worth $3,195,000 after purchasing an additional 23,625 shares during the period. Robeco Institutional Asset Management B.V. grew its stake in shares of Tyson Foods by 66.6% during the second quarter. Robeco Institutional Asset Management B.V. now owns 332,578 shares of the company’s stock worth $18,604,000 after purchasing an additional 132,947 shares during the period. Bessemer Group Inc. lifted its holdings in Tyson Foods by 11.3% during the first quarter. Bessemer Group Inc. now owns 6,399 shares of the company’s stock worth $408,000 after acquiring an additional 651 shares in the last quarter. Tabor Asset Management LP bought a new position in Tyson Foods during the first quarter worth about $2,180,000. Finally, VELA Investment Management LLC lifted its holdings in Tyson Foods by 45.6% during the first quarter. VELA Investment Management LLC now owns 17,678 shares of the company’s stock worth $1,128,000 after acquiring an additional 5,537 shares in the last quarter. 67.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on TSN shares. Zacks Research lowered Tyson Foods from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 1st. Stephens reduced their target price on Tyson Foods from $61.00 to $55.00 in a report on Tuesday, July 15th. JPMorgan Chase & Co. started coverage on Tyson Foods in a report on Wednesday, August 20th. They set a “neutral” rating and a $60.00 target price on the stock. JP Morgan Cazenove reduced their target price on Tyson Foods from $61.00 to $60.00 and set a “neutral” rating on the stock in a report on Monday, July 7th. Finally, Bernstein Bank lowered Tyson Foods to a “market perform” rating and reduced their target price for the stock from $74.00 to $59.00 in a report on Wednesday, July 23rd. Two equities 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, Tyson Foods currently has a consensus rating of “Hold” and a consensus price target of $60.92.

Tyson Foods Stock Performance

Shares of Tyson Foods stock opened at $52.09 on Monday. The firm has a market cap of $18.53 billion, a price-to-earnings ratio of 23.68, a price-to-earnings-growth ratio of 0.85 and a beta of 0.57. The stock’s 50-day moving average is $55.35 and its 200-day moving average is $56.32. Tyson Foods, Inc. has a one year low of $51.53 and a one year high of $65.95. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.73 and a quick ratio of 0.78.

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

Tyson Foods announced that its board has initiated a stock repurchase program on Thursday, August 7th that authorizes the company to buyback 43,000,000 outstanding shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its stock is undervalued.

Tyson Foods Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors 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 3.8%. The ex-dividend date is Monday, December 1st. Tyson Foods’s dividend payout ratio is presently 90.91%.

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.