Nisa Investment Advisors LLC Has $3.34 Million Stock Position in Tyson Foods, Inc. $TSN

Nisa Investment Advisors LLC lifted its position in Tyson Foods, Inc. (NYSE:TSN) by 2.9% in the second quarter, Holdings Channel.com reports. The institutional investor owned 59,687 shares of the company’s stock after purchasing an additional 1,701 shares during the period. Nisa Investment Advisors LLC’s holdings in Tyson Foods were worth $3,339,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC acquired a new stake in shares of Tyson Foods in the second quarter worth $591,000. MQS Management LLC bought a new position in Tyson Foods during the second quarter worth $577,000. AG2R LA Mondiale Gestion D Actifs increased its position in Tyson Foods by 15.7% during the second quarter. AG2R LA Mondiale Gestion D Actifs now owns 16,400 shares of the company’s stock worth $917,000 after acquiring an additional 2,223 shares during the period. AlphaQuest LLC increased its position in Tyson Foods by 91.7% during the second quarter. AlphaQuest LLC now owns 20,190 shares of the company’s stock worth $1,129,000 after acquiring an additional 9,660 shares during the period. Finally, Generali Investments Towarzystwo Funduszy Inwestycyjnych increased its position in Tyson Foods by 25.0% during the second quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 2,000 shares of the company’s stock worth $112,000 after acquiring an additional 400 shares during the period. 67.00% of the stock is currently owned by institutional investors and hedge funds.

Tyson Foods Trading Down 2.8%

Shares of Tyson Foods stock opened at $50.69 on Thursday. The firm has a market capitalization of $18.03 billion, a PE ratio of 23.04, a price-to-earnings-growth ratio of 0.87 and a beta of 0.57. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.73 and a quick ratio of 0.78. The company’s fifty day moving average price is $54.29 and its two-hundred day moving average price is $55.54. Tyson Foods, Inc. has a 52-week low of $50.65 and a 52-week high of $65.95.

Tyson Foods (NYSE:TSN) last issued its 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. Tyson Foods had a net margin of 1.45% and a return on equity of 7.49%. The company had revenue of $13.88 billion for the quarter, compared to the consensus estimate of $13.54 billion. During the same quarter in the previous year, the company earned $0.87 EPS. The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. Tyson Foods has set its FY 2025 guidance at EPS. On average, analysts expect that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods announced that its Board of Directors has approved a share repurchase program on Thursday, August 7th that authorizes the company to buyback 43,000,000 outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Tyson Foods Dividend Announcement

The business 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. The ex-dividend date of this dividend is Monday, December 1st. This represents a $2.00 dividend on an annualized basis and a yield of 3.9%. Tyson Foods’s dividend payout ratio is currently 90.91%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on TSN shares. Santander started coverage on shares of Tyson Foods in a research report on Thursday, September 25th. They set a “neutral” rating on the stock. JP Morgan Cazenove dropped their target price on shares of Tyson Foods from $61.00 to $60.00 and set a “neutral” rating on the stock in a research report on Monday, July 7th. Stephens dropped their target price on shares of Tyson Foods from $61.00 to $55.00 in a research report on Tuesday, July 15th. Sanford C. Bernstein lowered shares of Tyson Foods from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from $74.00 to $59.00 in a research report on Wednesday, July 23rd. Finally, BMO Capital Markets dropped their target price on shares of Tyson Foods from $62.00 to $58.00 and set a “market perform” rating on the stock in a research report on Monday, July 28th. Two equities research 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, the company has a consensus rating of “Hold” and an average price target of $60.92.

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.