Metis Global Partners LLC Sells 4,373 Shares of Tyson Foods, Inc. $TSN

Metis Global Partners LLC lessened its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 29.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,280 shares of the company’s stock after selling 4,373 shares during the quarter. Metis Global Partners LLC’s holdings in Tyson Foods were worth $575,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Allworth Financial LP raised its holdings in Tyson Foods by 12.6% in the 1st quarter. Allworth Financial LP now owns 1,705 shares of the company’s stock worth $105,000 after purchasing an additional 191 shares in the last quarter. Horizon Investments LLC increased its position in shares of Tyson Foods by 5.1% during the first quarter. Horizon Investments LLC now owns 4,111 shares of the company’s stock valued at $262,000 after buying an additional 201 shares during the period. Independent Advisor Alliance raised its stake in Tyson Foods by 2.3% in the first quarter. Independent Advisor Alliance now owns 9,100 shares of the company’s stock worth $581,000 after buying an additional 204 shares in the last quarter. DekaBank Deutsche Girozentrale raised its stake in Tyson Foods by 0.4% in the second quarter. DekaBank Deutsche Girozentrale now owns 56,200 shares of the company’s stock worth $3,099,000 after buying an additional 206 shares in the last quarter. Finally, Peddock Capital Advisors LLC lifted its holdings in Tyson Foods by 1.0% in the second quarter. Peddock Capital Advisors LLC now owns 21,152 shares of the company’s stock worth $1,183,000 after buying an additional 217 shares during the period. Institutional investors own 67.00% of the company’s stock.

Tyson Foods Trading Down 2.8%

NYSE:TSN opened at $53.98 on Thursday. Tyson Foods, Inc. has a 52 week low of $50.56 and a 52 week high of $65.33. The stock has a market cap of $19.20 billion, a price-to-earnings ratio of 24.54, a PEG ratio of 0.85 and a beta of 0.56. The company’s 50 day moving average price is $53.44 and its 200-day moving average price is $54.95. The company has a quick ratio of 0.78, a current ratio of 1.73 and a debt-to-equity ratio of 0.44.

Tyson Foods (NYSE:TSN) last released its quarterly earnings data 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. The business had revenue of $13.86 billion for the quarter, compared to analysts’ expectations of $14.08 billion. Tyson Foods had a return on equity of 7.49% and a net margin of 1.45%.The firm’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.92 EPS. Tyson Foods has set its FY 2026 guidance at EPS. On average, equities research analysts forecast that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods declared that its Board of Directors has authorized a share buyback plan 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 plans are usually an indication that the company’s leadership believes its shares are undervalued.

Tyson Foods Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be issued a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 3.8%. The ex-dividend date is Friday, February 27th. This is a positive change from Tyson Foods’s previous quarterly dividend of $0.50. Tyson Foods’s dividend payout ratio is 150.38%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. BMO Capital Markets upped their target price on Tyson Foods from $53.00 to $56.00 and gave the stock a “market perform” rating in a report on Tuesday. Zacks Research upgraded Tyson Foods from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tyson Foods in a research note on Wednesday, October 8th. Santander started coverage on Tyson Foods in a report on Thursday, September 25th. They issued a “neutral” rating for the company. Finally, Bank of America dropped their target price on shares of Tyson Foods from $59.00 to $58.00 and set a “neutral” rating on the stock in a report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $60.75.

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.