Intrua Financial LLC Sells 325 Shares of Tyson Foods, Inc. $TSN

Intrua Financial LLC trimmed its holdings in Tyson Foods, Inc. (NYSE:TSN) by 6.5% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 4,707 shares of the company’s stock after selling 325 shares during the quarter. Intrua Financial LLC’s holdings in Tyson Foods were worth $300,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of TSN. Park Square Financial Group LLC bought a new stake in Tyson Foods in the 4th quarter worth about $25,000. Curat Global LLC bought a new stake in Tyson Foods in the 1st quarter worth about $28,000. Zions Bancorporation National Association UT bought a new stake in Tyson Foods in the 1st quarter worth about $28,000. Rossby Financial LCC bought a new stake in Tyson Foods in the 1st quarter worth about $53,000. Finally, Plato Investment Management Ltd grew its stake in shares of Tyson Foods by 325.6% during the 1st quarter. Plato Investment Management Ltd now owns 881 shares of the company’s stock valued at $57,000 after purchasing an additional 674 shares during the period. 67.00% of the stock is currently owned by institutional investors.

Tyson Foods Stock Down 1.6%

TSN stock opened at $55.17 on Friday. Tyson Foods, Inc. has a twelve month low of $51.85 and a twelve month high of $65.95. The company has a quick ratio of 0.78, a current ratio of 1.73 and a debt-to-equity ratio of 0.44. The stock has a market cap of $19.63 billion, a P/E ratio of 25.08, a PEG ratio of 0.76 and a beta of 0.59. The business’s 50-day moving average price is $55.39 and its 200-day moving average price is $57.35.

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

Tyson Foods declared that its board has approved a share buyback program on Thursday, August 7th that allows the company to repurchase 43,000,000 outstanding shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication 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 issued a $0.50 dividend. The ex-dividend date of this dividend is Monday, December 1st. This represents a $2.00 dividend on an annualized basis and a yield of 3.6%. Tyson Foods’s payout ratio is currently 90.91%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TSN. JPMorgan Chase & Co. began coverage on Tyson Foods in a research note on Wednesday, August 20th. They set a “neutral” rating and a $60.00 price target for the company. Stephens cut their price target on Tyson Foods from $61.00 to $55.00 in a research note on Tuesday, July 15th. The Goldman Sachs Group began coverage on Tyson Foods in a research note on Monday, June 23rd. They set a “buy” rating and a $67.00 price target for the company. Sanford C. Bernstein downgraded Tyson Foods from an “outperform” rating to a “market perform” rating and cut their price target for the company from $74.00 to $59.00 in a research note on Wednesday, July 23rd. Finally, BMO Capital Markets cut their price target on Tyson Foods from $62.00 to $58.00 and set a “market perform” rating for the company in a research note on Monday, July 28th. Two research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $61.25.

About Tyson Foods

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.