ASR Vermogensbeheer N.V. Purchases 4,813 Shares of Tyson Foods, Inc. $TSN

Key Points

• ASR Vermogensbeheer N.V. increased its stake in Tyson Foods, Inc. by 19.8%, acquiring an additional 4,813 shares, bringing its total holdings to 29,079 shares valued at approximately $1,627,000.
• Tyson Foods announced a quarterly dividend of $0.50 per share, payable on December 15, representing an annual yield of 3.7%, with a significant dividend payout ratio of 90.91%.
• Recent analyst reports show mixed ratings for Tyson Foods, with Bernstein Bank lowering its target price to $59.00 while Goldman Sachs initiated coverage with a buy rating and a target price of $67.00.

ASR Vermogensbeheer N.V. increased its stake in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 19.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,079 shares of the company's stock after acquiring an additional 4,813 shares during the quarter. ASR Vermogensbeheer N.V.'s holdings in Tyson Foods were worth $1,627,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Naples Global Advisors LLC grew its position in Tyson Foods by 13.3% during the 2nd quarter. Naples Global Advisors LLC now owns 25,800 shares of the company's stock worth $1,443,000 after acquiring an additional 3,028 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its position in Tyson Foods by 66.6% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 332,578 shares of the company's stock worth $18,604,000 after acquiring an additional 132,947 shares during the last quarter. New Wave Wealth Advisors LLC grew its position in Tyson Foods by 1.0% during the 2nd quarter. New Wave Wealth Advisors LLC now owns 95,524 shares of the company's stock worth $5,344,000 after acquiring an additional 968 shares during the last quarter. Trilogy Capital Inc. bought a new position in Tyson Foods during the 2nd quarter worth approximately $228,000. Finally, Northwest Wealth Management LLC grew its position in Tyson Foods by 15.9% during the 2nd quarter. Northwest Wealth Management LLC now owns 7,831 shares of the company's stock worth $438,000 after acquiring an additional 1,076 shares during the last quarter. 67.00% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TSN has been the topic of several recent research reports. Bernstein Bank lowered Tyson Foods to a "market perform" rating and reduced their price target for the stock from $74.00 to $59.00 in a research report on Wednesday, July 23rd. The Goldman Sachs Group initiated coverage on Tyson Foods in a research note on Monday, June 23rd. They set a "buy" rating and a $67.00 target price on the stock. JP Morgan Cazenove reduced their target price on Tyson Foods from $61.00 to $60.00 and set a "neutral" rating on the stock in a research note on Monday, July 7th. Zacks Research cut Tyson Foods from a "hold" rating to a "strong sell" rating in a research note on Wednesday. Finally, BMO Capital Markets reduced their target price on Tyson Foods from $62.00 to $58.00 and set a "market perform" rating on the stock in a research note on Monday, July 28th. Two equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Tyson Foods currently has a consensus rating of "Hold" and a consensus price target of $61.25.

Tyson Foods Trading Up 0.5%

TSN opened at $54.71 on Friday. The stock has a market cap of $19.46 billion, a PE ratio of 24.87, a PEG ratio of 0.72 and a beta of 0.57. 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 business has a 50 day moving average of $55.36 and a 200-day moving average of $56.63. Tyson Foods, Inc. has a 52 week low of $51.85 and a 52 week high of $65.95.

Tyson Foods (NYSE:TSN - Get Free Report) last released its earnings results on Monday, August 4th. The company reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.19. The company had revenue of $13.88 billion during the quarter, compared to analysts' expectations of $13.54 billion. Tyson Foods had a return on equity of 7.49% and a net margin of 1.45%.The firm's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.87 EPS. Tyson Foods has set its FY 2025 guidance at EPS. Equities research analysts predict that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Monday, December 1st. Tyson Foods's dividend payout ratio (DPR) is presently 90.91%.

Tyson Foods declared that its board has approved a share buyback plan on Thursday, August 7th that permits the company to repurchase 43,000,000 shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

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.

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