GWN Securities Inc. Decreases Holdings in Tyson Foods, Inc. $TSN

GWN Securities Inc. trimmed its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 78.7% in the second quarter, Holdings Channel reports. The institutional investor owned 7,710 shares of the company’s stock after selling 28,466 shares during the period. GWN Securities Inc.’s holdings in Tyson Foods were worth $433,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Tyson Foods by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 35,961,408 shares of the company’s stock worth $2,294,697,000 after buying an additional 247,051 shares during the last quarter. Pzena Investment Management LLC lifted its holdings in Tyson Foods by 3.4% during the 2nd quarter. Pzena Investment Management LLC now owns 13,708,700 shares of the company’s stock worth $766,865,000 after buying an additional 444,648 shares during the last quarter. Northern Trust Corp lifted its holdings in Tyson Foods by 0.8% during the 1st quarter. Northern Trust Corp now owns 4,737,737 shares of the company’s stock worth $302,315,000 after buying an additional 36,941 shares during the last quarter. Davis Selected Advisers lifted its holdings in Tyson Foods by 51.9% during the 1st quarter. Davis Selected Advisers now owns 4,679,582 shares of the company’s stock worth $298,604,000 after buying an additional 1,598,896 shares during the last quarter. Finally, AQR Capital Management LLC lifted its holdings in Tyson Foods by 776.8% during the 1st quarter. AQR Capital Management LLC now owns 2,842,627 shares of the company’s stock worth $180,933,000 after buying an additional 2,518,416 shares during the last quarter. 67.00% of the stock is owned by hedge funds and other institutional investors.

Tyson Foods Stock Up 0.2%

Tyson Foods stock opened at $52.20 on Wednesday. Tyson Foods, Inc. has a fifty-two week low of $51.04 and a fifty-two week high of $65.95. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.78 and a current ratio of 1.73. The company has a market capitalization of $18.57 billion, a P/E ratio of 23.73, a PEG ratio of 0.87 and a beta of 0.57. The stock has a 50-day simple moving average of $54.41 and a 200-day simple moving average of $55.61.

Tyson Foods (NYSE:TSN) last posted its earnings results on Monday, August 4th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.19. The business had revenue of $13.88 billion during the quarter, compared to the consensus estimate of $13.54 billion. Tyson Foods had a return on equity of 7.49% and a net margin of 1.45%.The business’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.87 EPS. Tyson Foods has set its FY 2025 guidance at EPS. Equities research analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

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

Tyson Foods announced that its board has approved a stock buyback plan on Thursday, August 7th that authorizes the company to buyback 43,000,000 shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on TSN. Santander began coverage on Tyson Foods in a report on Thursday, September 25th. They set a “neutral” rating for the company. Bank of America decreased their price target on Tyson Foods from $59.00 to $58.00 and set a “neutral” rating for the company in a report on Wednesday, October 8th. JPMorgan Chase & Co. initiated coverage on Tyson Foods in a report on Wednesday, August 20th. They issued a “neutral” rating and a $60.00 target price for the company. Bernstein Bank downgraded Tyson Foods to a “market perform” rating and reduced their target price for the company from $74.00 to $59.00 in a report on Wednesday, July 23rd. Finally, JP Morgan Cazenove reduced their target price on Tyson Foods from $61.00 to $60.00 and set a “neutral” rating for the company in a report on Monday, July 7th. Two analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus 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.