UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $98.02 Million Stock Holdings in Tyson Foods, Inc. $TSN

Key Points

• UBS AM has increased its holdings in Tyson Foods by 3.2%, now owning approximately 1.5 million shares valued at $98.02 million.
• Analysts have mixed ratings on Tyson Foods, with a consensus of "Hold" and a target price of $61.25, while recent earnings surpassed expectations with reported EPS of $0.91.
• Tyson Foods has announced a quarterly dividend of $0.50 per share, indicating a 3.6% annualized yield, alongside a stock repurchase plan for 43 million shares.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 3.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,536,189 shares of the company's stock after buying an additional 47,062 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.43% of Tyson Foods worth $98,024,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Allworth Financial LP increased its position in shares of 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 purchasing an additional 191 shares during the last quarter. Horizon Investments LLC increased its position in shares of Tyson Foods by 5.1% during the 1st quarter. Horizon Investments LLC now owns 4,111 shares of the company's stock worth $262,000 after purchasing an additional 201 shares during the last quarter. Independent Advisor Alliance increased its position in shares of Tyson Foods by 2.3% during the 1st quarter. Independent Advisor Alliance now owns 9,100 shares of the company's stock worth $581,000 after purchasing an additional 204 shares during the last quarter. Cornerstone Wealth Management LLC increased its holdings in shares of Tyson Foods by 0.6% during the 1st quarter. Cornerstone Wealth Management LLC now owns 35,257 shares of the company's stock worth $2,250,000 after acquiring an additional 208 shares during the last quarter. Finally, Unison Advisors LLC increased its holdings in shares of Tyson Foods by 0.9% during the 1st quarter. Unison Advisors LLC now owns 26,209 shares of the company's stock worth $1,672,000 after acquiring an additional 232 shares during the last quarter. 67.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on TSN. JPMorgan Chase & Co. initiated coverage on Tyson Foods in a report on Wednesday, August 20th. They set a "neutral" rating and a $60.00 target price on the stock. The Goldman Sachs Group initiated coverage on Tyson Foods in a report on Monday, June 23rd. They issued a "buy" rating and a $67.00 price objective on the stock. Bernstein Bank lowered Tyson Foods to a "market perform" rating and decreased their price objective for the company from $74.00 to $59.00 in a report on Wednesday, July 23rd. JP Morgan Cazenove decreased 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. Finally, Stephens cut their target price on Tyson Foods from $61.00 to $55.00 in a research report on Tuesday, July 15th. Two analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $61.25.

Tyson Foods Price Performance

Shares of TSN stock opened at $55.17 on Friday. 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, Inc. has a twelve month low of $51.85 and a twelve month high of $65.95. The company has a market cap of $19.63 billion, a P/E ratio of 25.08, a P/E/G ratio of 0.76 and a beta of 0.59. The business has a fifty day simple moving average of $55.39 and a 200 day simple moving average of $57.33.

Tyson Foods (NYSE:TSN - Get Free Report) last announced its quarterly earnings data 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 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 prior year, the company earned $0.87 EPS. Tyson Foods'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. On average, sell-side analysts forecast that Tyson Foods, Inc. will post 3.8 EPS for the current fiscal year.

Tyson Foods Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Monday, December 1st. Tyson Foods's dividend payout ratio is presently 90.91%.

Tyson Foods announced that its Board of Directors has authorized a stock repurchase 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 typically an indication that the company's management 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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