Cwm LLC Grows Stake in Tyson Foods, Inc. $TSN

Key Points

• Cwm LLC increased its stake in Tyson Foods, Inc. by 10.4% during Q2, bringing its total shares to 67,157 with a value of approximately $3.76 million.
• Several institutional investors, including Inspire Investing LLC and Aberdeen Group plc, also boosted their holdings, reflecting a growing interest in Tyson Foods.
• Tyson Foods reported an EPS of $0.91 for the last quarter, exceeding expectations, and will pay a dividend of $0.50 on December 15, yielding 3.8%.

Cwm LLC grew its stake in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 10.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,157 shares of the company's stock after acquiring an additional 6,344 shares during the quarter. Cwm LLC's holdings in Tyson Foods were worth $3,757,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Matrix Asset Advisors Inc. NY grew its stake in Tyson Foods by 1.4% during the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 199,766 shares of the company's stock worth $11,175,000 after buying an additional 2,712 shares during the last quarter. Inspire Investing LLC grew its stake in Tyson Foods by 22.8% during the 2nd quarter. Inspire Investing LLC now owns 15,651 shares of the company's stock worth $876,000 after buying an additional 2,907 shares during the last quarter. Aberdeen Group plc grew its stake in Tyson Foods by 15.6% during the 2nd quarter. Aberdeen Group plc now owns 153,171 shares of the company's stock worth $8,568,000 after buying an additional 20,708 shares during the last quarter. JB Capital LLC grew its stake in Tyson Foods by 0.6% during the 2nd quarter. JB Capital LLC now owns 64,315 shares of the company's stock worth $3,598,000 after buying an additional 363 shares during the last quarter. Finally, IFP Advisors Inc grew its stake in Tyson Foods by 162.4% during the 2nd quarter. IFP Advisors Inc now owns 1,963 shares of the company's stock worth $110,000 after buying an additional 1,215 shares during the last quarter. 67.00% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on TSN shares. Santander started coverage on Tyson Foods in a research note on Thursday, September 25th. They set a "neutral" rating on the stock. Sanford C. Bernstein downgraded Tyson Foods from an "outperform" rating to a "market perform" rating and dropped their target price for the stock from $74.00 to $59.00 in a research note on Wednesday, July 23rd. The Goldman Sachs Group started 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. BMO Capital Markets dropped 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. Finally, JPMorgan Chase & Co. assumed 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, fourteen have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $60.92.

Tyson Foods Stock Performance

Shares of TSN opened at $52.15 on Friday. The stock has a 50-day moving average of $55.13 and a two-hundred day moving average of $56.12. Tyson Foods, Inc. has a one year low of $51.07 and a one year 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. The stock has a market cap of $18.55 billion, a P/E ratio of 23.70, a P/E/G ratio of 0.87 and a beta of 0.57.

Tyson Foods (NYSE:TSN - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The company reported $0.91 EPS for the quarter, topping 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 company had revenue of $13.88 billion during the quarter, compared to analysts' expectations of $13.54 billion. During the same quarter in the previous year, the firm posted $0.87 EPS. The firm's 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, research analysts predict that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Dividend Announcement

The business also recently disclosed 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 3.8%. The ex-dividend date of this dividend is Monday, December 1st. Tyson Foods's payout ratio is 90.91%.

Tyson Foods declared that its Board of Directors has initiated a stock buyback plan on Thursday, August 7th that authorizes the company to repurchase 43,000,000 shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares 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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