Yousif Capital Management LLC Purchases 14,455 Shares of Tyson Foods, Inc. $TSN

Yousif Capital Management LLC increased its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 38.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,268 shares of the company’s stock after acquiring an additional 14,455 shares during the quarter. Yousif Capital Management LLC’s holdings in Tyson Foods were worth $2,924,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. State of Alaska Department of Revenue increased its stake in Tyson Foods by 70.5% during the 2nd quarter. State of Alaska Department of Revenue now owns 57,141 shares of the company’s stock valued at $3,195,000 after purchasing an additional 23,625 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its stake in Tyson Foods by 66.6% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 332,578 shares of the company’s stock valued at $18,604,000 after purchasing an additional 132,947 shares in the last quarter. Bessemer Group Inc. increased its stake in Tyson Foods by 11.3% during the 1st quarter. Bessemer Group Inc. now owns 6,399 shares of the company’s stock valued at $408,000 after purchasing an additional 651 shares in the last quarter. Tabor Asset Management LP acquired a new position in Tyson Foods during the 1st quarter valued at approximately $2,180,000. Finally, VELA Investment Management LLC increased its stake in Tyson Foods by 45.6% during the 1st quarter. VELA Investment Management LLC now owns 17,678 shares of the company’s stock valued at $1,128,000 after purchasing an additional 5,537 shares in the last quarter. Institutional investors and hedge funds own 67.00% of the company’s stock.

Analyst Ratings Changes

TSN has been the topic of a number of recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Tyson Foods in a research note on Wednesday, October 8th. Stephens dropped their price objective on shares of Tyson Foods from $61.00 to $55.00 in a report on Tuesday, July 15th. Sanford C. Bernstein downgraded shares of Tyson Foods from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $74.00 to $59.00 in a report on Wednesday, July 23rd. Zacks Research downgraded shares of Tyson Foods from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 1st. Finally, Bernstein Bank downgraded shares of Tyson Foods to a “market perform” rating and dropped their price objective for the company from $74.00 to $59.00 in a report on Wednesday, July 23rd. Two analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Tyson Foods presently has a consensus rating of “Hold” and an average price target of $60.92.

Tyson Foods Stock Performance

Shares of NYSE TSN opened at $52.15 on Friday. The company’s fifty day moving average price is $55.13 and its 200 day moving average price is $56.12. Tyson Foods, Inc. has a 1 year low of $51.07 and a 1 year high of $65.95. The company has a market capitalization of $18.55 billion, a PE ratio of 23.70, a price-to-earnings-growth ratio of 0.87 and a beta of 0.57. 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 (NYSE:TSN) last announced its quarterly earnings results on Monday, August 4th. The company reported $0.91 earnings per share (EPS) 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 the consensus estimate of $13.54 billion. During the same period in the prior year, the firm posted $0.87 earnings per share. The firm’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, research analysts predict that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

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

Tyson Foods Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Monday, December 1st. This represents a $2.00 dividend on an annualized basis and a yield of 3.8%. Tyson Foods’s dividend payout ratio is 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.