Flaharty Asset Management LLC Makes New Investment in Tyson Foods, Inc. $TSN

Flaharty Asset Management LLC bought a new stake in shares of Tyson Foods, Inc. (NYSE:TSN) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,200 shares of the company’s stock, valued at approximately $77,000.

Several other large investors also recently made changes to their positions in the stock. Baird Financial Group Inc. raised its position in shares of Tyson Foods by 124.3% in the fourth quarter. Baird Financial Group Inc. now owns 4,663 shares of the company’s stock valued at $268,000 after purchasing an additional 2,584 shares during the period. Captrust Financial Advisors raised its holdings in Tyson Foods by 21.4% in the 4th quarter. Captrust Financial Advisors now owns 10,733 shares of the company’s stock worth $617,000 after acquiring an additional 1,895 shares during the period. Lazard Asset Management LLC lifted its position in Tyson Foods by 645.9% during the 4th quarter. Lazard Asset Management LLC now owns 4,878 shares of the company’s stock worth $279,000 after acquiring an additional 4,224 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Tyson Foods by 6.3% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,799 shares of the company’s stock valued at $2,056,000 after acquiring an additional 2,128 shares during the period. Finally, OMERS ADMINISTRATION Corp grew its position in shares of Tyson Foods by 20.2% in the fourth quarter. OMERS ADMINISTRATION Corp now owns 11,948 shares of the company’s stock valued at $686,000 after purchasing an additional 2,012 shares during the last quarter. Institutional investors own 67.00% of the company’s stock.

Analysts Set New Price Targets

TSN has been the subject of several research analyst reports. Stephens cut their price objective on Tyson Foods from $61.00 to $55.00 in a research report on Tuesday, July 15th. JPMorgan Chase & Co. began coverage on Tyson Foods in a report on Wednesday, August 20th. They set a “neutral” rating and a $60.00 price target for the company. Sanford C. Bernstein downgraded shares of 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. The Goldman Sachs Group began coverage on shares of Tyson Foods in a research report on Monday, June 23rd. They set a “buy” rating and a $67.00 target price on the stock. Finally, Bernstein Bank downgraded shares of Tyson Foods to a “market perform” rating and reduced their price target for the company from $74.00 to $59.00 in a report on Wednesday, July 23rd. Two research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $61.25.

Tyson Foods Stock Performance

Shares of NYSE TSN opened at $55.41 on Thursday. The firm has a market capitalization of $19.71 billion, a price-to-earnings ratio of 25.18, a PEG ratio of 0.76 and a beta of 0.59. Tyson Foods, Inc. has a one year low of $51.85 and a one year high of $65.95. The business has a fifty day simple moving average of $55.45 and a 200 day simple moving average of $57.42. 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 (NYSE:TSN) last posted its quarterly earnings results on Monday, August 4th. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.19. Tyson Foods had a net margin of 1.45% and a return on equity of 7.49%. The firm 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 earnings per share. The business’s revenue was up 4.0% compared to the same quarter last year. Tyson Foods has set its FY 2025 guidance at EPS. Sell-side analysts expect that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods announced that its board has authorized a share repurchase plan on Thursday, August 7th that authorizes the company to buyback 43,000,000 outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Tyson Foods Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Monday, December 1st. Tyson Foods’s dividend payout ratio is 90.91%.

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.