IFP Advisors Inc Has $110,000 Stock Position in Tyson Foods, Inc. $TSN

IFP Advisors Inc increased its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 162.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,963 shares of the company’s stock after buying an additional 1,215 shares during the quarter. IFP Advisors Inc’s holdings in Tyson Foods were worth $110,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP raised its stake in Tyson Foods by 12.6% during the 1st quarter. Allworth Financial LP now owns 1,705 shares of the company’s stock worth $105,000 after buying an additional 191 shares during the period. Horizon Investments LLC raised its stake in shares of Tyson Foods by 5.1% in the first quarter. Horizon Investments LLC now owns 4,111 shares of the company’s stock worth $262,000 after purchasing an additional 201 shares during the last quarter. Independent Advisor Alliance raised its stake in shares of 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 purchasing an additional 204 shares during the last quarter. Peddock Capital Advisors LLC raised its stake in shares of 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 purchasing an additional 217 shares during the last quarter. Finally, Everpar Advisors LLC raised its stake in shares of Tyson Foods by 0.4% in the second quarter. Everpar Advisors LLC now owns 63,483 shares of the company’s stock worth $3,551,000 after purchasing an additional 228 shares during the last quarter. 67.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on TSN shares. JP Morgan Cazenove lowered their price objective on Tyson Foods from $61.00 to $60.00 and set a “neutral” rating for the company in a research note on Monday, July 7th. Bank of America lowered their price objective on Tyson Foods from $59.00 to $58.00 and set a “neutral” rating for the company in a research note on Wednesday, October 8th. Sanford C. Bernstein downgraded Tyson Foods from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $74.00 to $59.00 in a research note on Wednesday, July 23rd. Bernstein Bank downgraded Tyson Foods to a “market perform” rating and lowered their price objective for the stock from $74.00 to $59.00 in a research note on Wednesday, July 23rd. Finally, Santander initiated coverage on Tyson Foods in a research note on Thursday, September 25th. They issued a “neutral” rating for the company. Two analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $60.92.

Tyson Foods Stock Performance

TSN stock opened at $52.53 on Monday. The firm has a market cap of $18.69 billion, a PE ratio of 23.88, a P/E/G ratio of 0.86 and a beta of 0.57. 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 business has a 50 day moving average of $55.04 and a 200-day moving average of $55.95. Tyson Foods, Inc. has a 12-month low of $51.07 and a 12-month high of $65.95.

Tyson Foods (NYSE:TSN) last released its 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. The company had revenue of $13.88 billion during the quarter, compared to analyst estimates of $13.54 billion. Tyson Foods had a return on equity of 7.49% and a net margin of 1.45%.Tyson Foods’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.87 earnings per share. Tyson Foods has set its FY 2025 guidance at EPS. As a group, sell-side analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods declared that its Board of Directors has authorized a stock repurchase plan on Thursday, August 7th that permits the company to buyback 43,000,000 shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.

Tyson Foods Announces Dividend

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 issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Monday, December 1st. Tyson Foods’s dividend payout ratio is 90.91%.

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.