5,890 Shares in Tyson Foods, Inc. $TSN Acquired by PharVision Advisers LLC

Key Points

• PharVision Advisers LLC has acquired 5,890 shares of Tyson Foods, Inc. valued at approximately $376,000, indicating a new position for the firm in this food company.
• Tyson Foods reported earnings of $0.91 per share for the last quarter, surpassing the consensus estimate and reflecting a 4.0% year-over-year revenue increase to $13.88 billion.
• The Board of Directors has authorized a share buyback program allowing Tyson Foods to repurchase 43 million outstanding shares, a move often interpreted as a signal that the company believes its shares are undervalued.

PharVision Advisers LLC bought a new stake in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,890 shares of the company's stock, valued at approximately $376,000.

Several other hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Tyson Foods by 0.7% during the first quarter. Vanguard Group Inc. now owns 35,961,408 shares of the company's stock valued at $2,294,697,000 after purchasing an additional 247,051 shares during the period. Pzena Investment Management LLC grew its holdings in Tyson Foods by 10.6% during the first quarter. Pzena Investment Management LLC now owns 13,264,052 shares of the company's stock valued at $846,379,000 after purchasing an additional 1,271,750 shares during the period. Northern Trust Corp grew its holdings in Tyson Foods by 0.8% during the first quarter. Northern Trust Corp now owns 4,737,737 shares of the company's stock valued at $302,315,000 after purchasing an additional 36,941 shares during the period. Davis Selected Advisers grew its holdings in Tyson Foods by 51.9% during the first quarter. Davis Selected Advisers now owns 4,679,582 shares of the company's stock valued at $298,604,000 after purchasing an additional 1,598,896 shares during the period. Finally, AQR Capital Management LLC grew its holdings in Tyson Foods by 776.8% during the first quarter. AQR Capital Management LLC now owns 2,842,627 shares of the company's stock valued at $180,933,000 after purchasing an additional 2,518,416 shares during the period. Institutional investors own 67.00% of the company's stock.

Wall Street Analyst Weigh In

TSN has been the subject of a number of recent analyst reports. Sanford C. Bernstein lowered Tyson Foods from an "outperform" rating to a "market perform" rating and dropped their price objective for the stock from $74.00 to $59.00 in a research note on Wednesday, July 23rd. Bernstein Bank lowered Tyson Foods to a "market perform" rating and dropped their price objective for the stock from $74.00 to $59.00 in a research note on Wednesday, July 23rd. Stephens dropped their price objective on Tyson Foods from $61.00 to $55.00 in a research note on Tuesday, July 15th. JP Morgan Cazenove decreased their target price on Tyson Foods from $61.00 to $60.00 and set a "neutral" rating on the stock in a research report on Monday, July 7th. Finally, The Goldman Sachs Group began coverage on Tyson Foods in a research report on Monday, June 23rd. They issued a "buy" rating and a $67.00 target price on the stock. Two analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company's stock. According to MarketBeat.com, Tyson Foods has an average rating of "Hold" and a consensus price target of $61.25.

Tyson Foods Trading Down 0.5%

TSN stock traded down $0.29 during midday trading on Monday, reaching $55.91. 2,859,939 shares of the company traded hands, compared to its average volume of 2,347,225. Tyson Foods, Inc. has a 52-week low of $51.85 and a 52-week high of $66.88. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.78 and a current ratio of 1.73. The business has a 50 day moving average of $55.52 and a 200-day moving average of $57.45. The firm has a market capitalization of $19.89 billion, a price-to-earnings ratio of 25.41, a P/E/G ratio of 0.77 and a beta of 0.59.

Tyson Foods (NYSE:TSN - Get Free Report) last issued its quarterly earnings data on Monday, August 4th. The company reported $0.91 earnings per share (EPS) 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 business had revenue of $13.88 billion for the quarter, compared to the consensus estimate of $13.54 billion. During the same period in the prior year, the business posted $0.87 earnings per share. The company's quarterly revenue was up 4.0% compared to the same quarter last year. Tyson Foods has set its FY 2025 guidance at EPS. As a group, sell-side analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods declared that its Board of Directors has initiated a stock repurchase program on Thursday, August 7th that permits the company to repurchase 43,000,000 outstanding shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership 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. Stockholders of record on Monday, December 1st will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Monday, December 1st. Tyson Foods's dividend payout ratio is presently 90.91%.

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.