LVW Advisors LLC Increases Stock Position in Tyson Foods, Inc. $TSN

LVW Advisors LLC grew its holdings in Tyson Foods, Inc. (NYSE:TSN) by 7.6% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 3,894 shares of the company’s stock after buying an additional 276 shares during the period. LVW Advisors LLC’s holdings in Tyson Foods were worth $218,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Tyson Foods by 0.7% in the first quarter. Vanguard Group Inc. now owns 35,961,408 shares of the company’s stock valued at $2,294,697,000 after buying an additional 247,051 shares during the last quarter. Pzena Investment Management LLC raised its holdings in shares of Tyson Foods by 10.6% in 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 last quarter. Northern Trust Corp increased its stake in shares of Tyson Foods by 0.8% during the first quarter. Northern Trust Corp now owns 4,737,737 shares of the company’s stock worth $302,315,000 after acquiring an additional 36,941 shares during the period. Davis Selected Advisers raised its holdings in Tyson Foods by 51.9% during 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 in the last quarter. Finally, AQR Capital Management LLC raised its holdings in Tyson Foods by 776.8% during the first quarter. AQR Capital Management LLC now owns 2,842,627 shares of the company’s stock worth $180,933,000 after purchasing an additional 2,518,416 shares in the last quarter. 67.00% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. JPMorgan Chase & Co. assumed coverage on shares of Tyson Foods in a report on Wednesday, August 20th. They set a “neutral” rating and a $60.00 price target for the company. Santander assumed coverage on shares of Tyson Foods in a report on Thursday. They set a “neutral” rating for the company. The Goldman Sachs Group assumed coverage on shares of Tyson Foods in a report on Monday, June 23rd. They set a “buy” rating and a $67.00 price target for the company. JP Morgan Cazenove cut their price target on shares of Tyson Foods from $61.00 to $60.00 and set a “neutral” rating for the company in a report on Monday, July 7th. Finally, BMO Capital Markets cut their price target on shares of Tyson Foods from $62.00 to $58.00 and set a “market perform” rating for the company in a report on Monday, July 28th. Two investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $61.25.

Tyson Foods Trading Up 0.7%

Shares of TSN opened at $54.15 on Monday. The company has a current ratio of 1.73, a quick ratio of 0.78 and a debt-to-equity ratio of 0.44. The firm’s 50-day moving average is $55.32 and its two-hundred day moving average is $56.81. Tyson Foods, Inc. has a twelve month low of $51.85 and a twelve month high of $65.95. The firm has a market capitalization of $19.26 billion, a P/E ratio of 24.61, a PEG ratio of 0.74 and a beta of 0.59.

Tyson Foods (NYSE:TSN) last released its quarterly earnings results on Monday, August 4th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.72 by $0.19. The business had revenue of $13.88 billion for the quarter, compared to analyst estimates of $13.54 billion. Tyson Foods had a net margin of 1.45% and a return on equity of 7.49%. The company’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.87 earnings per share. 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 fiscal year.

Tyson Foods Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be given a $0.50 dividend. The ex-dividend date is Monday, December 1st. This represents a $2.00 annualized dividend and a dividend yield of 3.7%. Tyson Foods’s dividend payout ratio is currently 90.91%.

Tyson Foods announced that its board has approved a stock repurchase plan on Thursday, August 7th that allows the company to repurchase 43,000,000 outstanding shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its shares are undervalued.

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.