Olympiad Research LP Invests $213,000 in Tyson Foods, Inc. $TSN

Olympiad Research LP purchased a new position in shares of Tyson Foods, Inc. (NYSE:TSN) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,803 shares of the company’s stock, valued at approximately $213,000.

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

Tyson Foods Stock Performance

TSN stock opened at $53.92 on Friday. The business’s fifty day simple moving average is $53.36 and its two-hundred day simple moving average is $54.90. The firm has a market cap of $19.18 billion, a price-to-earnings ratio of 24.51, a PEG ratio of 0.85 and a beta of 0.56. Tyson Foods, Inc. has a twelve month low of $50.56 and a twelve month high of $65.33. The company has a quick ratio of 0.78, a current ratio of 1.73 and a debt-to-equity ratio of 0.44.

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

Tyson Foods Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be given a $0.51 dividend. The ex-dividend date is Friday, February 27th. This represents a $2.04 annualized dividend and a yield of 3.8%. This is a boost from Tyson Foods’s previous quarterly dividend of $0.50. Tyson Foods’s payout ratio is currently 150.38%.

Tyson Foods declared that its Board of Directors has authorized a share repurchase plan on Thursday, August 7th that permits the company to repurchase 43,000,000 outstanding shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

Several equities analysts have weighed in on TSN shares. Bank of America reduced their price objective on Tyson Foods from $59.00 to $58.00 and set a “neutral” rating for the company in a report on Wednesday, October 8th. Zacks Research upgraded shares of Tyson Foods from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 30th. Bernstein Bank lowered Tyson Foods to a “market perform” rating and lowered their price target for the company from $74.00 to $59.00 in a research report on Wednesday, July 23rd. Santander assumed coverage on shares of Tyson Foods in a report on Thursday, September 25th. They set a “neutral” rating on the stock. Finally, BMO Capital Markets raised their price target on shares of Tyson Foods from $53.00 to $56.00 and gave the company a “market perform” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. According to MarketBeat.com, Tyson Foods presently has a consensus rating of “Hold” and an average target price of $60.75.

Tyson Foods 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.