Grantham Mayo Van Otterloo & Co. LLC Lowers Holdings in Tyson Foods, Inc. $TSN

Grantham Mayo Van Otterloo & Co. LLC lowered its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 47.8% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 93,281 shares of the company’s stock after selling 85,522 shares during the period. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Tyson Foods were worth $5,218,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Zions Bancorporation National Association UT bought a new position in Tyson Foods in the 1st quarter worth approximately $28,000. NewSquare Capital LLC boosted its position in shares of Tyson Foods by 175.3% during the second quarter. NewSquare Capital LLC now owns 512 shares of the company’s stock worth $29,000 after acquiring an additional 326 shares during the last quarter. Matrix Trust Co boosted its position in shares of Tyson Foods by 28,200.0% during the second quarter. Matrix Trust Co now owns 566 shares of the company’s stock worth $32,000 after acquiring an additional 564 shares during the last quarter. First Command Advisory Services Inc. grew its stake in Tyson Foods by 389.8% during the second quarter. First Command Advisory Services Inc. now owns 578 shares of the company’s stock valued at $32,000 after acquiring an additional 460 shares in the last quarter. Finally, MTM Investment Management LLC bought a new stake in Tyson Foods in the 2nd quarter valued at $36,000. 67.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TSN has been the subject of a number of research analyst reports. JPMorgan Chase & Co. initiated coverage on Tyson Foods in a research report on Wednesday, August 20th. They set a “neutral” rating and a $60.00 price objective for the company. BMO Capital Markets increased their price target on Tyson Foods from $53.00 to $56.00 and gave the company a “market perform” rating in a research note on Tuesday, November 11th. Bank of America reduced their price objective on Tyson Foods from $59.00 to $58.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 8th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tyson Foods in a research report on Monday, November 24th. Finally, Santander initiated coverage on shares of Tyson Foods in a research report on Thursday, September 25th. They issued a “neutral” rating on the stock. Two equities research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $60.75.

Insider Buying and Selling

In related news, CFO Curt Calaway sold 6,539 shares of the stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $57.19, for a total value of $373,965.41. Following the sale, the chief financial officer directly owned 31,833 shares of the company’s stock, valued at $1,820,529.27. This represents a 17.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 2.03% of the company’s stock.

Tyson Foods Price Performance

NYSE:TSN opened at $58.04 on Friday. The firm has a market capitalization of $20.49 billion, a price-to-earnings ratio of 26.38, a PEG ratio of 0.85 and a beta of 0.56. 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 business has a 50 day simple moving average of $53.48 and a 200-day simple moving average of $54.74. Tyson Foods, Inc. has a 1 year low of $50.56 and a 1 year high of $64.72.

Tyson Foods (NYSE:TSN) last released 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. The company had revenue of $13.86 billion for the quarter, compared to analyst estimates of $14.08 billion. Tyson Foods had a return on equity of 7.49% and a net margin of 1.45%.Tyson Foods’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.92 EPS. Tyson Foods has set its FY 2026 guidance at EPS. Equities analysts forecast that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Increases Dividend

The company 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 dividend of $0.51 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.5%. This is a boost from Tyson Foods’s previous quarterly dividend of $0.50. Tyson Foods’s dividend payout ratio is presently 153.38%.

Tyson Foods declared that its board has approved a share repurchase plan on Thursday, August 7th that allows the company to buyback 43,000,000 outstanding shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its stock is 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.