Tyson Foods, Inc. $TSN Stock Holdings Increased by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC raised its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 46.6% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,324 shares of the company’s stock after buying an additional 9,322 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Tyson Foods were worth $1,893,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. City Holding Co. bought a new position in Tyson Foods during the fourth quarter worth $29,000. Cary Street Partners Investment Advisory LLC increased its stake in Tyson Foods by 62.3% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 516 shares of the company’s stock valued at $30,000 after purchasing an additional 198 shares during the last quarter. Ascentis Independent Advisors bought a new stake in Tyson Foods during the first quarter valued at $30,000. Cedar Mountain Advisors LLC raised its holdings in shares of Tyson Foods by 293.5% during the first quarter. Cedar Mountain Advisors LLC now owns 488 shares of the company’s stock worth $31,000 after purchasing an additional 364 shares during the period. Finally, Activest Wealth Management raised its holdings in shares of Tyson Foods by 3,842.9% during the fourth quarter. Activest Wealth Management now owns 552 shares of the company’s stock worth $32,000 after purchasing an additional 538 shares during the period. Institutional investors own 67.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on TSN. Piper Sandler restated an “overweight” rating and issued a $78.00 price target (down from $80.00) on shares of Tyson Foods in a research report on Thursday, June 18th. Sanford C. Bernstein lowered their price objective on shares of Tyson Foods from $72.00 to $63.00 and set a “market perform” rating for the company in a research report on Thursday, July 2nd. Wall Street Zen lowered shares of Tyson Foods from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. JPMorgan Chase & Co. cut their target price on shares of Tyson Foods from $71.00 to $65.00 and set a “neutral” rating on the stock in a report on Tuesday. Finally, BMO Capital Markets restated an “outperform” rating on shares of Tyson Foods in a research note on Tuesday, May 5th. Four equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Tyson Foods has a consensus rating of “Hold” and a consensus price target of $69.56.

Tyson Foods Price Performance

Shares of NYSE TSN opened at $57.50 on Wednesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.83 and a quick ratio of 0.70. The firm has a market capitalization of $20.25 billion, a PE ratio of 45.28, a P/E/G ratio of 1.20 and a beta of 0.40. Tyson Foods, Inc. has a 1-year low of $50.56 and a 1-year high of $69.48. The business’s fifty day moving average price is $60.61 and its two-hundred day moving average price is $61.82.

Tyson Foods (NYSE:TSN) last announced its quarterly earnings results on Monday, May 4th. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.11. The company had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.63 billion. Tyson Foods had a net margin of 0.81% and a return on equity of 7.59%. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.92 earnings per share. On average, research analysts expect that Tyson Foods, Inc. will post 4.09 EPS for the current year.

Tyson Foods Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Tuesday, September 1st. Tyson Foods’s payout ratio is presently 160.63%.

About Tyson Foods

Tyson Foods, Inc (NYSE: TSN) is a multinational food company primarily engaged in the production, processing and marketing of protein-based and prepared food products. Founded in 1935 and headquartered in Springdale, Arkansas, the company is one of the world’s largest processors of chicken, beef and pork. Its operations span live animal procurement and farming relationships through slaughter, further processing and distribution, supplying raw protein and value-added prepared foods to retail, foodservice and industrial customers.

The company’s product portfolio covers fresh and frozen meats, branded and private-label prepared foods, and a range of value-added items such as ready-to-eat and ready-to-cook meals, snack and sandwich meats.