Tyson Foods, Inc. $TSN Shares Purchased by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC increased its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 68.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,501 shares of the company’s stock after acquiring an additional 12,427 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Tyson Foods were worth $1,788,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of TSN. Empowered Funds LLC increased its stake in Tyson Foods by 15.6% in the first quarter. Empowered Funds LLC now owns 28,076 shares of the company’s stock valued at $1,792,000 after purchasing an additional 3,788 shares during the period. Woodline Partners LP increased its stake in Tyson Foods by 40.8% in the first quarter. Woodline Partners LP now owns 24,178 shares of the company’s stock valued at $1,543,000 after purchasing an additional 7,011 shares during the period. Focus Partners Wealth increased its stake in Tyson Foods by 84.0% in the first quarter. Focus Partners Wealth now owns 12,597 shares of the company’s stock valued at $804,000 after purchasing an additional 5,749 shares during the period. Sivia Capital Partners LLC increased its stake in Tyson Foods by 100.3% in the second quarter. Sivia Capital Partners LLC now owns 7,393 shares of the company’s stock valued at $414,000 after purchasing an additional 3,702 shares during the period. Finally, Cerity Partners LLC increased its stake in Tyson Foods by 129.2% in the second quarter. Cerity Partners LLC now owns 85,939 shares of the company’s stock valued at $4,807,000 after purchasing an additional 48,451 shares during the period. 67.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Piper Sandler restated an “overweight” rating and issued a $80.00 price objective on shares of Tyson Foods in a research note on Monday, May 4th. Mizuho assumed coverage on shares of Tyson Foods in a research note on Thursday, March 26th. They issued an “outperform” rating and a $72.00 price objective on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Tyson Foods from $67.00 to $65.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 24th. BMO Capital Markets restated an “outperform” rating on shares of Tyson Foods in a research note on Tuesday, May 5th. Finally, Weiss Ratings lowered shares of Tyson Foods from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday. Five investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $68.27.

Tyson Foods Trading Down 0.7%

Shares of Tyson Foods stock opened at $56.06 on Thursday. Tyson Foods, Inc. has a 52-week low of $50.56 and a 52-week high of $69.48. The company has a quick ratio of 0.70, a current ratio of 1.83 and a debt-to-equity ratio of 0.44. The company’s 50-day simple moving average is $63.99 and its 200-day simple moving average is $61.85. The firm has a market cap of $19.74 billion, a price-to-earnings ratio of 44.15, a price-to-earnings-growth ratio of 1.15 and a beta of 0.38.

Tyson Foods (NYSE:TSN) last issued its quarterly earnings results on Monday, May 4th. The company reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.11. Tyson Foods had a net margin of 0.81% and a return on equity of 7.59%. The business had revenue of $13.65 billion for the quarter, compared to analyst estimates of $13.63 billion. During the same period in the previous year, the business posted $0.92 earnings per share. The business’s revenue was up 4.4% compared to the same quarter last year. As a group, equities research analysts anticipate that Tyson Foods, Inc. will post 4.14 earnings per share for the current year.

Tyson Foods Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a dividend of $0.51 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $2.04 dividend on an annualized basis and a yield of 3.6%. Tyson Foods’s payout ratio is currently 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.