Focus Partners Advisor Solutions LLC Raises Stock Holdings in Tyson Foods, Inc. $TSN

Key Points

• Focus Partners Advisor Solutions LLC increased its stake in Tyson Foods, Inc. by 128.6% during the first quarter, acquiring nearly 10,000 additional shares, now valued at over $1.13 million.
• Tyson Foods reported a quarterly EPS of $0.91 exceeding analysts' expectations, contributing to a 4.0% year-over-year revenue increase, amounting to $13.88 billion.
• The company announced a stock buyback program to repurchase 43 million shares, signaling management's confidence in the stock's valuation.

Focus Partners Advisor Solutions LLC increased its position in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 128.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,740 shares of the company's stock after acquiring an additional 9,980 shares during the period. Focus Partners Advisor Solutions LLC's holdings in Tyson Foods were worth $1,132,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Park Square Financial Group LLC purchased a new position in Tyson Foods in the 4th quarter worth $25,000. Zions Bancorporation National Association UT purchased a new position in Tyson Foods in the 1st quarter worth $28,000. Curat Global LLC purchased a new position in shares of Tyson Foods during the 1st quarter valued at about $28,000. Rossby Financial LCC purchased a new position in shares of Tyson Foods during the 1st quarter valued at about $53,000. Finally, Catalyst Capital Advisors LLC raised its stake in shares of Tyson Foods by 223.0% during the 1st quarter. Catalyst Capital Advisors LLC now owns 1,053 shares of the company's stock valued at $67,000 after buying an additional 727 shares during the last quarter. Hedge funds and other institutional investors own 67.00% of the company's stock.

Tyson Foods Price Performance

NYSE:TSN opened at $56.31 on Thursday. Tyson Foods, Inc. has a 52 week low of $51.85 and a 52 week high of $66.88. 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 stock has a market capitalization of $20.03 billion, a PE ratio of 25.59, a price-to-earnings-growth ratio of 0.77 and a beta of 0.59. The stock's 50-day moving average price is $55.48 and its 200-day moving average price is $57.51.

Tyson Foods (NYSE:TSN - Get Free Report) last posted 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. Tyson Foods had a return on equity of 7.49% and a net margin of 1.45%.The firm had revenue of $13.88 billion for the quarter, compared to analysts' expectations of $13.54 billion. During the same period last year, the firm earned $0.87 EPS. The company's quarterly revenue was up 4.0% on a year-over-year basis. 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 announced that its board has initiated a stock buyback program on Thursday, August 7th that permits the company to repurchase 43,000,000 outstanding shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's management believes its stock is undervalued.

Tyson Foods Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be given a dividend of $0.50 per share. The ex-dividend date is Monday, December 1st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.6%. Tyson Foods's dividend payout ratio (DPR) is 90.91%.

Analysts Set New Price Targets

A number of research firms have weighed in on TSN. Stephens reduced their price objective on Tyson Foods from $61.00 to $55.00 in a research note on Tuesday, July 15th. Bernstein Bank lowered Tyson Foods to a "market perform" rating and reduced their price objective for the company from $74.00 to $59.00 in a research note on Wednesday, July 23rd. BMO Capital Markets reduced their price objective on Tyson Foods from $62.00 to $58.00 and set a "market perform" rating for the company in a research note on Monday, July 28th. Sanford C. Bernstein lowered Tyson Foods from an "outperform" rating to a "market perform" rating and reduced their price objective for the company from $74.00 to $59.00 in a research note on Wednesday, July 23rd. Finally, The Goldman Sachs Group began coverage on Tyson Foods in a research note on Monday, June 23rd. They set a "buy" rating and a $67.00 price objective for the company. Two research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $61.25.

Tyson Foods Company 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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