68,737 Shares in Tyson Foods, Inc. $TSN Acquired by Mubadala Investment Co PJSC

Key Points

• Mubadala Investment Co PJSC has acquired 68,737 shares in Tyson Foods, valued at approximately $4.39 million, accounting for about 0.0% of its holdings.
• Tyson Foods announced a quarterly dividend of $0.50 per share, with an annual yield of 3.5%, set to be paid on December 15th.
• Analysts have lowered their price targets for Tyson Foods, with a consensus target of $61.25 and an average rating of "Hold."

Mubadala Investment Co PJSC bought a new stake in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 68,737 shares of the company's stock, valued at approximately $4,386,000. Tyson Foods makes up about 0.0% of Mubadala Investment Co PJSC's portfolio, making the stock its 12th biggest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Park Square Financial Group LLC purchased a new position in Tyson Foods during the 4th quarter valued at about $25,000. Zions Bancorporation National Association UT purchased a new position in Tyson Foods during the 1st quarter valued at about $28,000. Curat Global LLC purchased a new position in Tyson Foods during the 1st quarter valued at about $28,000. Rossby Financial LCC purchased a new position in Tyson Foods during the 1st quarter valued at about $53,000. Finally, Catalyst Capital Advisors LLC increased its holdings in 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 acquiring an additional 727 shares in the last quarter. 67.00% of the stock is currently owned by hedge funds and other institutional investors.

Tyson Foods Trading Up 1.2%

Shares of NYSE TSN traded up $0.68 during midday trading on Monday, reaching $56.80. 2,591,544 shares of the stock were exchanged, compared to its average volume of 2,756,912. The company has a market capitalization of $20.21 billion, a P/E ratio of 25.82, a P/E/G ratio of 0.77 and a beta of 0.59. Tyson Foods, Inc. has a 52-week low of $51.85 and a 52-week high of $66.88. The company has a current ratio of 1.73, a quick ratio of 0.78 and a debt-to-equity ratio of 0.44. The stock has a 50 day moving average price of $55.43 and a 200-day moving average price of $57.53.

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 net margin of 1.45% and a return on equity of 7.49%. The business had revenue of $13.88 billion during the quarter, compared to the consensus estimate of $13.54 billion. During the same period in the previous year, the firm posted $0.87 earnings per share. The company's quarterly revenue was up 4.0% compared to the same quarter last year. Tyson Foods has set its FY 2025 guidance at EPS. Equities research analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods announced that its board has initiated a stock buyback program on Thursday, August 7th that authorizes the company to repurchase 43,000,000 outstanding shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's board believes its shares are undervalued.

Tyson Foods Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be given a $0.50 dividend. The ex-dividend date of this dividend is Monday, December 1st. This represents a $2.00 annualized dividend and a dividend yield of 3.5%. Tyson Foods's dividend payout ratio (DPR) is currently 90.91%.

Wall Street Analysts Forecast Growth

TSN has been the subject of several recent research reports. Sanford C. Bernstein downgraded shares of Tyson Foods from an "outperform" rating to a "market perform" rating and dropped their target price for the company from $74.00 to $59.00 in a report on Wednesday, July 23rd. Bernstein Bank downgraded shares of Tyson Foods to a "market perform" rating and dropped their target price for the company from $74.00 to $59.00 in a report on Wednesday, July 23rd. Wall Street Zen downgraded shares of Tyson Foods from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. JP Morgan Cazenove lowered their price target on shares of Tyson Foods from $61.00 to $60.00 and set a "neutral" rating for the company in a report on Monday, July 7th. Finally, Stephens lowered their price target on shares of Tyson Foods from $61.00 to $55.00 in a report on Tuesday, July 15th. Two equities 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, Tyson Foods presently has an average rating of "Hold" and an average price target 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.