Scientech Research LLC Invests $833,000 in Tyson Foods, Inc. $TSN

Scientech Research LLC acquired a new position in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,061 shares of the company's stock, valued at approximately $833,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Park Square Financial Group LLC bought a new stake in Tyson Foods in the 4th quarter worth approximately $25,000. Zions Bancorporation National Association UT bought a new stake in Tyson Foods in the first quarter valued at approximately $28,000. Curat Global LLC bought a new stake in Tyson Foods in the first quarter valued at approximately $28,000. Rossby Financial LCC purchased a new position in shares of Tyson Foods during the first quarter valued at approximately $53,000. Finally, Catalyst Capital Advisors LLC increased its stake in shares of Tyson Foods by 223.0% during the first 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 period. Hedge funds and other institutional investors own 67.00% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on TSN shares. 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. Sanford C. Bernstein cut Tyson Foods from an "outperform" rating to a "market perform" rating and reduced their target price for the company from $74.00 to $59.00 in a research note on Wednesday, July 23rd. JPMorgan Chase & Co. started coverage on Tyson Foods in a research note on Wednesday, August 20th. They set a "neutral" rating and a $60.00 target price on the stock. BMO Capital Markets reduced 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, Stephens reduced their target price on Tyson Foods from $61.00 to $55.00 in a research note on Tuesday, July 15th. Two research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $61.25.

Tyson Foods Price Performance

Shares of TSN stock opened at $56.15 on Monday. The stock has a market cap of $19.98 billion, a price-to-earnings ratio of 25.52, a PEG ratio of 0.77 and a beta of 0.59. The business's fifty day moving average is $55.52 and its 200 day moving average is $57.48. Tyson Foods, Inc. has a twelve month low of $51.85 and a twelve month 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.

Tyson Foods (NYSE:TSN - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $13.54 billion. During the same period in the prior year, the firm earned $0.87 earnings per share. The firm's revenue for the quarter was up 4.0% on a year-over-year basis. Tyson Foods has set its FY 2025 guidance at EPS. Research analysts expect that Tyson Foods, Inc. will post 3.8 EPS for the current fiscal year.

Tyson Foods announced that its board has approved a share repurchase 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 an indication that the company's management believes its stock is undervalued.

Tyson Foods Announces Dividend

The business also recently announced 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. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Monday, December 1st. Tyson Foods's dividend payout ratio is currently 90.91%.

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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