Baader Bank Aktiengesellschaft Takes Position in Tyson Foods, Inc. $TSN

Key Points

• Baader Bank Aktiengesellschaft acquired 10,490 shares of Tyson Foods, valued at approximately $587,000, as part of their new position in the company during the 2nd quarter.
• Tyson Foods reported a net margin of 1.45% and a quarterly revenue of $13.88 billion, exceeding analysts' expectations.
• The company recently declared a quarterly dividend of $0.50 per share, with a dividend yield of 3.7%, indicating a strong commitment to returning value to shareholders.

Baader Bank Aktiengesellschaft purchased a new stake in Tyson Foods, Inc. (NYSE:TSN - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 10,490 shares of the company's stock, valued at approximately $587,000.

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

Tyson Foods Trading Down 0.8%

Shares of Tyson Foods stock traded down $0.41 during midday trading on Friday, reaching $53.60. 3,710,797 shares of the company's stock traded hands, compared to its average volume of 2,421,474. 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 company has a market cap of $19.07 billion, a PE ratio of 24.36, a price-to-earnings-growth ratio of 0.74 and a beta of 0.59. The stock has a 50 day moving average of $55.29 and a 200-day moving average of $57.11. Tyson Foods, Inc. has a 12 month low of $51.85 and a 12 month high of $65.95.

Tyson Foods (NYSE:TSN - Get Free Report) last announced 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 the consensus estimate 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% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.87 earnings per share. Tyson Foods has set its FY 2025 guidance at EPS. As a group, equities analysts expect that Tyson Foods, Inc. will post 3.8 EPS for the current fiscal year.

Tyson Foods Announces Dividend

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

Tyson Foods declared that its board has initiated a share repurchase program on Thursday, August 7th that permits the company to repurchase 43,000,000 shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Bernstein Bank lowered shares of Tyson Foods to a "market perform" rating and decreased their target price for the stock from $74.00 to $59.00 in a report on Wednesday, July 23rd. BMO Capital Markets lowered their price objective on Tyson Foods from $62.00 to $58.00 and set a "market perform" rating on the stock in a research report on Monday, July 28th. Sanford C. Bernstein cut Tyson Foods from an "outperform" rating to a "market perform" rating and reduced their target price 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 report on Monday, June 23rd. They issued a "buy" rating and a $67.00 price target on the stock. Finally, JPMorgan Chase & Co. initiated coverage on Tyson Foods in a research report on Wednesday, August 20th. They set a "neutral" rating and a $60.00 price target for the company. Two analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus 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.