Liberty One Investment Management LLC Has $4.82 Million Stock Position in Tyson Foods, Inc. $TSN

Liberty One Investment Management LLC boosted its position in shares of Tyson Foods, Inc. (NYSE:TSNFree Report) by 5.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 86,171 shares of the company’s stock after purchasing an additional 4,096 shares during the period. Liberty One Investment Management LLC’s holdings in Tyson Foods were worth $4,820,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of TSN. Wealth Enhancement Advisory Services LLC boosted its position in Tyson Foods by 96.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 34,835 shares of the company’s stock valued at $2,223,000 after purchasing an additional 17,127 shares during the last quarter. Janney Montgomery Scott LLC acquired a new stake in Tyson Foods during the first quarter valued at $1,658,000. State of Alaska Department of Revenue boosted its position in Tyson Foods by 2.8% during the first quarter. State of Alaska Department of Revenue now owns 33,516 shares of the company’s stock valued at $2,138,000 after purchasing an additional 925 shares during the last quarter. Johnson Investment Counsel Inc. acquired a new stake in Tyson Foods during the first quarter valued at $207,000. Finally, Envestnet Portfolio Solutions Inc. lifted its position in shares of Tyson Foods by 73.1% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 20,874 shares of the company’s stock worth $1,332,000 after buying an additional 8,813 shares during the last quarter. Institutional investors and hedge funds own 67.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on TSN. JP Morgan Cazenove reduced their price target on Tyson Foods from $61.00 to $60.00 and set a “neutral” rating for the company in a research report on Monday, July 7th. Bernstein Bank lowered Tyson Foods to a “market perform” rating and dropped their price objective for the stock from $74.00 to $59.00 in a research note on Wednesday, July 23rd. Sanford C. Bernstein lowered Tyson Foods from an “outperform” rating to a “market perform” rating and dropped their price objective for the stock from $74.00 to $59.00 in a research note on Wednesday, July 23rd. Santander started coverage on Tyson Foods in a research note on Thursday, September 25th. They issued a “neutral” rating on the stock. Finally, Zacks Research lowered Tyson Foods from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 1st. Two analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Tyson Foods has an average rating of “Hold” and an average price target of $60.92.

Check Out Our Latest Report on Tyson Foods

Tyson Foods Trading Up 0.0%

Shares of TSN opened at $52.49 on Tuesday. Tyson Foods, Inc. has a 12-month low of $51.07 and a 12-month high of $65.95. 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 firm has a market capitalization of $18.67 billion, a price-to-earnings ratio of 23.86, a P/E/G ratio of 0.86 and a beta of 0.57. The stock’s 50-day moving average price is $54.95 and its 200 day moving average price is $55.90.

Tyson Foods (NYSE:TSNGet Free Report) last issued its quarterly earnings results 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. Tyson Foods had a return on equity of 7.49% and a net margin of 1.45%.The firm had revenue of $13.88 billion for the quarter, compared to analyst estimates of $13.54 billion. During the same period in the previous year, the company posted $0.87 earnings per share. The company’s quarterly revenue was up 4.0% compared to the same quarter last year. Tyson Foods has set its FY 2025 guidance at EPS. As a group, research analysts predict that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods announced that its board has authorized a stock repurchase plan on Thursday, August 7th that authorizes the company to repurchase 43,000,000 outstanding shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s management believes its stock is undervalued.

Tyson Foods Announces Dividend

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

Tyson Foods Company Profile

(Free Report)

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.

Featured Articles

Institutional Ownership by Quarter for Tyson Foods (NYSE:TSN)

Receive News & Ratings for Tyson Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyson Foods and related companies with MarketBeat.com's FREE daily email newsletter.