Vise Technologies Inc. Invests $301,000 in Tyson Foods, Inc. $TSN

Vise Technologies Inc. purchased a new stake in Tyson Foods, Inc. (NYSE:TSN) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 5,378 shares of the company’s stock, valued at approximately $301,000.

A number of other large investors also recently modified their holdings of TSN. State of Alaska Department of Revenue grew its stake in shares of Tyson Foods by 70.5% in the 2nd quarter. State of Alaska Department of Revenue now owns 57,141 shares of the company’s stock worth $3,195,000 after acquiring an additional 23,625 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in Tyson Foods by 66.6% during the second quarter. Robeco Institutional Asset Management B.V. now owns 332,578 shares of the company’s stock worth $18,604,000 after purchasing an additional 132,947 shares during the last quarter. Y Intercept Hong Kong Ltd grew its position in Tyson Foods by 128.9% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 54,548 shares of the company’s stock worth $3,051,000 after purchasing an additional 30,713 shares in the last quarter. Tabor Asset Management LP bought a new stake in Tyson Foods in the 1st quarter worth about $2,180,000. Finally, Pzena Investment Management LLC increased its stake in Tyson Foods by 3.4% in the 2nd quarter. Pzena Investment Management LLC now owns 13,708,700 shares of the company’s stock valued at $766,865,000 after buying an additional 444,648 shares during the last quarter. Institutional investors own 67.00% of the company’s stock.

Tyson Foods Stock Down 0.4%

Tyson Foods stock opened at $54.07 on Monday. The firm has a 50 day simple moving average of $53.36 and a 200 day simple moving average of $54.82. The company has a current ratio of 1.73, a quick ratio of 0.78 and a debt-to-equity ratio of 0.44. Tyson Foods, Inc. has a 1-year low of $50.56 and a 1-year high of $65.33. The firm has a market capitalization of $19.24 billion, a price-to-earnings ratio of 24.51, a P/E/G ratio of 0.85 and a beta of 0.56.

Tyson Foods (NYSE:TSN) last announced its quarterly earnings results on Monday, November 10th. The company reported $1.15 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.30. Tyson Foods had a return on equity of 7.49% and a net margin of 1.45%.The company had revenue of $13.86 billion during the quarter, compared to analysts’ expectations of $14.08 billion. During the same period in the previous year, the business earned $0.92 earnings per share. The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. Tyson Foods has set its FY 2026 guidance at EPS. On average, analysts predict that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods announced that its board has authorized a share buyback program on Thursday, August 7th that permits the company to buyback 43,000,000 outstanding shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

Tyson Foods Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.8%. This is an increase from Tyson Foods’s previous quarterly dividend of $0.50. The ex-dividend date is Friday, February 27th. Tyson Foods’s dividend payout ratio (DPR) is 153.38%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on TSN. JPMorgan Chase & Co. began 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. Santander started coverage on Tyson Foods in a research note on Thursday, September 25th. They set a “neutral” rating on the stock. Bernstein Bank downgraded shares of Tyson Foods to a “market perform” rating and cut their price target for the stock from $74.00 to $59.00 in a report on Wednesday, July 23rd. Sanford C. Bernstein downgraded shares of Tyson Foods from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $74.00 to $59.00 in a report on Wednesday, July 23rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tyson Foods in a research report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $60.75.

Tyson Foods Company 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.