Tyson Foods, Inc. $TSN Shares Acquired by Police & Firemen s Retirement System of New Jersey

Police & Firemen s Retirement System of New Jersey increased its position in Tyson Foods, Inc. (NYSE:TSN) by 4.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 42,493 shares of the company’s stock after buying an additional 1,812 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in Tyson Foods were worth $2,377,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Horizon Investments LLC lifted its stake in shares of Tyson Foods by 5.1% in the 1st quarter. Horizon Investments LLC now owns 4,111 shares of the company’s stock valued at $262,000 after purchasing an additional 201 shares in the last quarter. Independent Advisor Alliance raised its holdings in Tyson Foods by 2.3% in the first quarter. Independent Advisor Alliance now owns 9,100 shares of the company’s stock valued at $581,000 after buying an additional 204 shares during the period. DekaBank Deutsche Girozentrale lifted its position in Tyson Foods by 0.4% during the second quarter. DekaBank Deutsche Girozentrale now owns 56,200 shares of the company’s stock valued at $3,099,000 after buying an additional 206 shares in the last quarter. Peddock Capital Advisors LLC grew its stake in Tyson Foods by 1.0% during the second quarter. Peddock Capital Advisors LLC now owns 21,152 shares of the company’s stock worth $1,183,000 after buying an additional 217 shares during the period. Finally, Rossby Financial LCC grew its stake in Tyson Foods by 25.0% during the second quarter. Rossby Financial LCC now owns 1,084 shares of the company’s stock worth $61,000 after buying an additional 217 shares during the period. Hedge funds and other institutional investors own 67.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Sanford C. Bernstein lowered shares of Tyson Foods from an “outperform” rating 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. Zacks Research upgraded Tyson Foods from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 30th. Bank of America decreased their target price on Tyson Foods from $59.00 to $58.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Bernstein Bank lowered Tyson Foods to a “market perform” rating and lowered their target price for the company from $74.00 to $59.00 in a research note on Wednesday, July 23rd. Finally, JPMorgan Chase & Co. assumed coverage on Tyson Foods in a report on Wednesday, August 20th. They issued a “neutral” rating and a $60.00 price target for the company. Two analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $60.75.

Tyson Foods Stock Up 1.2%

Shares of NYSE TSN opened at $53.73 on Wednesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.78 and a current ratio of 1.73. Tyson Foods, Inc. has a 1 year low of $50.56 and a 1 year high of $64.72. The stock’s 50-day simple moving average is $53.26 and its 200-day simple moving average is $54.72. The firm has a market cap of $19.12 billion, a price-to-earnings ratio of 24.42, a PEG ratio of 0.85 and a beta of 0.56.

Tyson Foods (NYSE:TSN) last issued its quarterly earnings data on Monday, November 10th. The company reported $1.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.30. Tyson Foods had a return on equity of 7.49% and a net margin of 1.45%.The firm had revenue of $13.86 billion during the quarter, compared to analyst estimates of $14.08 billion. During the same quarter last year, the firm earned $0.92 EPS. Tyson Foods’s quarterly revenue was up 2.2% on a year-over-year basis. Tyson Foods has set its FY 2026 guidance at EPS. As a group, equities analysts anticipate that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.8%. This is a boost from Tyson Foods’s previous quarterly dividend of $0.50. The ex-dividend date is Friday, February 27th. Tyson Foods’s payout ratio is presently 153.38%.

Tyson Foods declared that its Board of Directors has authorized a stock buyback program 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 programs are generally an indication that the company’s board of directors believes its shares are undervalued.

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.