Trilogy Capital Inc. Takes Position in Tyson Foods, Inc. $TSN

Trilogy Capital Inc. purchased a new position in Tyson Foods, Inc. (NYSE:TSN) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 4,082 shares of the company’s stock, valued at approximately $228,000.

Several other institutional investors also recently bought and sold shares of the company. Northwest Wealth Management LLC lifted its stake in shares of Tyson Foods by 15.9% in the second quarter. Northwest Wealth Management LLC now owns 7,831 shares of the company’s stock worth $438,000 after buying an additional 1,076 shares in the last quarter. HB Wealth Management LLC increased its position in shares of Tyson Foods by 75.1% during the second quarter. HB Wealth Management LLC now owns 14,671 shares of the company’s stock valued at $821,000 after acquiring an additional 6,292 shares in the last quarter. V Square Quantitative Management LLC raised its holdings in Tyson Foods by 16.4% in the 2nd quarter. V Square Quantitative Management LLC now owns 5,014 shares of the company’s stock worth $280,000 after acquiring an additional 707 shares during the last quarter. Sound Income Strategies LLC lifted its position in Tyson Foods by 6.5% in the 2nd quarter. Sound Income Strategies LLC now owns 65,309 shares of the company’s stock valued at $3,653,000 after acquiring an additional 4,003 shares in the last quarter. Finally, Camelot Portfolios LLC boosted its stake in Tyson Foods by 5.1% during the 2nd quarter. Camelot Portfolios LLC now owns 13,472 shares of the company’s stock valued at $754,000 after purchasing an additional 659 shares during the last quarter. 67.00% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on TSN. Sanford C. Bernstein cut Tyson Foods from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from $74.00 to $59.00 in a research note on Wednesday, July 23rd. 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 objective for the company. Bernstein Bank lowered Tyson Foods to a “market perform” rating and decreased their target price for the stock from $74.00 to $59.00 in a research report on Wednesday, July 23rd. JP Morgan Cazenove dropped their price target on shares of Tyson Foods from $61.00 to $60.00 and set a “neutral” rating on the stock in a report on Monday, July 7th. Finally, Santander initiated coverage on shares of Tyson Foods in a research note on Thursday, September 25th. They issued a “neutral” rating for the company. Two equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $61.25.

Tyson Foods Trading Down 0.1%

Shares of NYSE:TSN opened at $54.44 on Friday. The stock’s 50-day simple moving average is $55.34 and its two-hundred day simple moving average is $56.70. The stock has a market capitalization of $19.37 billion, a price-to-earnings ratio of 24.74, a PEG ratio of 0.71 and a beta of 0.57. Tyson Foods, Inc. has a 52-week low of $51.85 and a 52-week high of $65.95. 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 (NYSE:TSN) last issued its quarterly earnings data on Monday, August 4th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.19. The firm had revenue of $13.88 billion for the quarter, compared to analysts’ expectations of $13.54 billion. Tyson Foods had a net margin of 1.45% and a return on equity of 7.49%. The business’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.87 EPS. Tyson Foods has set its FY 2025 guidance at EPS. Analysts expect that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, December 1st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.7%. Tyson Foods’s payout ratio is presently 90.91%.

Tyson Foods declared that its Board of Directors has approved a share buyback program on Thursday, August 7th that authorizes the company to repurchase 43,000,000 outstanding shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s board 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.