Unison Advisors LLC Grows Holdings in Tyson Foods, Inc. $TSN

Unison Advisors LLC raised its position in Tyson Foods, Inc. (NYSE:TSN) by 0.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,433 shares of the company’s stock after purchasing an additional 224 shares during the period. Unison Advisors LLC’s holdings in Tyson Foods were worth $1,479,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TSN. Zions Bancorporation National Association UT purchased a new position in Tyson Foods in the 1st quarter valued at about $28,000. Matrix Trust Co lifted its holdings in Tyson Foods by 28,200.0% in the 2nd quarter. Matrix Trust Co now owns 566 shares of the company’s stock valued at $32,000 after purchasing an additional 564 shares in the last quarter. Beacon Capital Management LLC purchased a new position in shares of Tyson Foods during the 2nd quarter worth about $37,000. Armstrong Advisory Group Inc. lifted its holdings in shares of Tyson Foods by 130.6% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 685 shares of the company’s stock worth $38,000 after acquiring an additional 388 shares during the period. Finally, ST Germain D J Co. Inc. purchased a new position in shares of Tyson Foods during the 2nd quarter worth about $41,000. 67.00% of the stock is currently owned by hedge funds and other institutional investors.

Tyson Foods Stock Up 0.7%

TSN opened at $52.53 on Monday. The firm has a 50 day moving average price of $55.04 and a 200 day moving average price of $55.95. The company has a market cap of $18.69 billion, a PE ratio of 23.88, a price-to-earnings-growth ratio of 0.86 and a beta of 0.57. Tyson Foods, Inc. has a 1 year low of $51.07 and a 1 year high of $65.95. 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 posted its 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. The firm had revenue of $13.88 billion during 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% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.87 EPS. Tyson Foods has set its FY 2025 guidance at EPS. Sell-side analysts expect 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 stock buyback plan on Thursday, August 7th that permits the company to repurchase 43,000,000 shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

Tyson Foods Dividend Announcement

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. BMO Capital Markets cut their price objective on shares of Tyson Foods from $62.00 to $58.00 and set a “market perform” rating on the stock in a report on Monday, July 28th. Bernstein Bank lowered shares of Tyson Foods to a “market perform” rating and cut their price objective for the stock from $74.00 to $59.00 in a report on Wednesday, July 23rd. Zacks Research lowered shares of Tyson Foods from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 1st. JP Morgan Cazenove cut their price objective 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. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Tyson Foods in a report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Tyson Foods currently has an average rating of “Hold” and an average price target of $60.92.

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.