Dimensional Fund Advisors LP Purchases 52,300 Shares of Tyson Foods, Inc. $TSN

Key Points

• Dimensional Fund Advisors LP increased its stake in Tyson Foods by 1.9%, owning approximately 2.75 million shares valued at $175.16 million as of the most recent SEC filing.
• Tyson Foods reported earnings that surpassed expectations, with an EPS of $0.91 against a consensus estimate of $0.72 and revenue of $13.88 billion for the quarter.
• The company announced a share buyback plan authorizing the purchase of up to 43 million shares, indicating management's belief that the stock is undervalued.

Dimensional Fund Advisors LP increased its holdings in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 1.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,745,556 shares of the company's stock after acquiring an additional 52,300 shares during the period. Dimensional Fund Advisors LP owned about 0.77% of Tyson Foods worth $175,159,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Syon Capital LLC grew its position in Tyson Foods by 5.1% during the 4th quarter. Syon Capital LLC now owns 3,563 shares of the company's stock worth $205,000 after acquiring an additional 174 shares during the last quarter. Ossiam grew its position in Tyson Foods by 41.6% during the 4th quarter. Ossiam now owns 626 shares of the company's stock worth $36,000 after acquiring an additional 184 shares during the last quarter. Norinchukin Bank The grew its position in Tyson Foods by 1.7% during the 4th quarter. Norinchukin Bank The now owns 11,002 shares of the company's stock worth $632,000 after acquiring an additional 184 shares during the last quarter. Allworth Financial LP grew its position in Tyson Foods by 12.6% during the 1st quarter. Allworth Financial LP now owns 1,705 shares of the company's stock worth $105,000 after acquiring an additional 191 shares during the last quarter. Finally, Utah Retirement Systems grew its position in Tyson Foods by 0.4% during the 4th quarter. Utah Retirement Systems now owns 46,619 shares of the company's stock worth $2,678,000 after acquiring an additional 200 shares during the last quarter. 67.00% of the stock is currently owned by institutional investors.

Tyson Foods Trading Up 1.1%

Shares of TSN stock traded up $0.6160 during trading hours on Friday, reaching $57.5860. The company had a trading volume of 1,986,836 shares, compared to its average volume of 2,773,614. The company has a 50 day moving average of $55.14 and a 200 day moving average of $57.56. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.73 and a quick ratio of 0.78. The firm has a market cap of $20.49 billion, a price-to-earnings ratio of 26.18, a P/E/G ratio of 0.79 and a beta of 0.59. Tyson Foods, Inc. has a 1-year low of $51.85 and a 1-year high of $66.88.

Tyson Foods (NYSE:TSN - Get Free Report) last posted its quarterly earnings results on Monday, August 4th. The company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.19. The company had revenue of $13.88 billion for 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 quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.87 EPS. Tyson Foods has set its FY 2025 guidance at EPS. On average, equities research analysts anticipate that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Announces Dividend

The business also recently declared 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. 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 3.5%. Tyson Foods's dividend payout ratio is 90.91%.

Tyson Foods declared that its board has authorized a share buyback plan on Thursday, August 7th that authorizes the company to repurchase 43,000,000 outstanding shares. This repurchase authorization authorizes the company to reacquire 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.

Wall Street Analysts Forecast Growth

TSN has been the topic of a number of research analyst reports. Stephens decreased their price target on Tyson Foods from $61.00 to $55.00 in a research report on Tuesday, July 15th. JP Morgan Cazenove reduced their price objective on Tyson Foods from $61.00 to $60.00 and set a "neutral" rating on the stock in a report on Monday, July 7th. Bernstein Bank downgraded Tyson Foods to a "market perform" rating and reduced their price objective for the stock from $74.00 to $59.00 in a report on Wednesday, July 23rd. Wall Street Zen downgraded Tyson Foods from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. Finally, JPMorgan Chase & Co. assumed coverage on Tyson Foods in a report on Wednesday. They set a "neutral" rating and a $60.00 price objective on the stock. Two research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $61.25.

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.