Aviva PLC Increases Stake in Tyson Foods, Inc. $TSN

Aviva PLC increased its stake in Tyson Foods, Inc. (NYSE:TSN) by 1,838.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 213,538 shares of the company’s stock after buying an additional 202,520 shares during the period. Aviva PLC’s holdings in Tyson Foods were worth $11,945,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of TSN. AQR Capital Management LLC raised its position in shares of Tyson Foods by 776.8% in the 1st quarter. AQR Capital Management LLC now owns 2,842,627 shares of the company’s stock worth $180,933,000 after acquiring an additional 2,518,416 shares in the last quarter. Davis Selected Advisers grew its stake in Tyson Foods by 51.9% in the first quarter. Davis Selected Advisers now owns 4,679,582 shares of the company’s stock worth $298,604,000 after purchasing an additional 1,598,896 shares during the period. Pacer Advisors Inc. raised its holdings in Tyson Foods by 4,207.2% in the first quarter. Pacer Advisors Inc. now owns 1,635,237 shares of the company’s stock worth $104,344,000 after purchasing an additional 1,597,272 shares in the last quarter. Pzena Investment Management LLC lifted its position in Tyson Foods by 10.6% during the first quarter. Pzena Investment Management LLC now owns 13,264,052 shares of the company’s stock valued at $846,379,000 after buying an additional 1,271,750 shares during the period. Finally, Amundi boosted its holdings in shares of Tyson Foods by 96.3% during the 1st quarter. Amundi now owns 1,556,812 shares of the company’s stock valued at $98,951,000 after buying an additional 763,887 shares in the last quarter. 67.00% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on TSN shares. Zacks Research upgraded shares of Tyson Foods from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 30th. Santander initiated coverage on shares of Tyson Foods in a research note on Thursday, September 25th. They set a “neutral” rating for the company. Bank of America dropped their price target on Tyson Foods from $59.00 to $58.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 8th. Bernstein Bank lowered Tyson Foods to a “market perform” rating and reduced their price objective for the company from $74.00 to $59.00 in a research report on Wednesday, July 23rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Tyson Foods in a report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $60.75.

Tyson Foods Trading Up 3.1%

Shares of NYSE:TSN opened at $55.55 on Wednesday. Tyson Foods, Inc. has a 1 year low of $50.56 and a 1 year high of $65.95. The stock’s fifty day moving average price is $53.49 and its 200-day moving average price is $54.96. The company has a market cap of $19.76 billion, a P/E ratio of 25.25, a PEG ratio of 0.85 and a beta of 0.56. 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 posted its earnings results on Monday, November 10th. The company reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.30. Tyson Foods had a net margin of 1.45% and a return on equity of 7.49%. The business had revenue of $13.86 billion for the quarter, compared to analysts’ expectations of $14.08 billion. During the same quarter in the prior year, the business earned $0.92 EPS. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. Tyson Foods has set its FY 2026 guidance at EPS. Sell-side analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be given a $0.51 dividend. This is a boost from Tyson Foods’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Friday, February 27th. This represents a $2.04 dividend on an annualized basis and a yield of 3.7%. Tyson Foods’s payout ratio is presently 90.91%.

Tyson Foods declared that its board has authorized a stock repurchase plan on Thursday, August 7th that permits the company to buyback 43,000,000 outstanding shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors 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.