IFM Investors Pty Ltd Acquires 2,460 Shares of Tyson Foods, Inc. $TSN

IFM Investors Pty Ltd increased its holdings in Tyson Foods, Inc. (NYSE:TSN) by 6.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,368 shares of the company’s stock after buying an additional 2,460 shares during the period. IFM Investors Pty Ltd’s holdings in Tyson Foods were worth $2,258,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of TSN. Park Square Financial Group LLC bought a new position in Tyson Foods in the fourth quarter worth approximately $25,000. Curat Global LLC acquired a new position in shares of Tyson Foods in the 1st quarter valued at $28,000. Zions Bancorporation National Association UT acquired a new position in shares of Tyson Foods in the 1st quarter valued at $28,000. Rossby Financial LCC acquired a new position in shares of Tyson Foods in the 1st quarter valued at $53,000. Finally, Plato Investment Management Ltd increased its position in shares of Tyson Foods by 325.6% in the 1st quarter. Plato Investment Management Ltd now owns 881 shares of the company’s stock valued at $57,000 after acquiring an additional 674 shares during the period. Institutional investors own 67.00% of the company’s stock.

Tyson Foods Price Performance

Tyson Foods stock opened at $53.73 on Tuesday. The company has a fifty day simple moving average of $55.28 and a 200-day simple moving average of $57.01. Tyson Foods, Inc. has a 12-month low of $51.85 and a 12-month high of $65.95. 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 market cap of $19.11 billion, a P/E ratio of 24.42, a price-to-earnings-growth ratio of 0.73 and a beta of 0.59.

Tyson Foods (NYSE:TSN) last announced its quarterly earnings results on Monday, August 4th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.72 by $0.19. Tyson Foods had a net margin of 1.45% and a return on equity of 7.49%. The firm had revenue of $13.88 billion for the quarter, compared to analyst estimates of $13.54 billion. During the same period last year, the business earned $0.87 EPS. Tyson Foods’s revenue for the quarter was up 4.0% compared to the same quarter last year. Tyson Foods has set its FY 2025 guidance at EPS. Equities analysts expect that Tyson Foods, Inc. will post 3.8 EPS for the current fiscal year.

Tyson Foods declared that its Board of Directors has initiated a share repurchase program on Thursday, August 7th that permits the company to buyback 43,000,000 outstanding shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Tyson Foods Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be paid a $0.50 dividend. The ex-dividend date is Monday, December 1st. This represents a $2.00 dividend on an annualized basis and a yield of 3.7%. Tyson Foods’s payout ratio is currently 90.91%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on TSN shares. JPMorgan Chase & Co. assumed coverage on Tyson Foods in a research report on Wednesday, August 20th. They issued a “neutral” rating and a $60.00 target price on the stock. Bernstein Bank lowered shares of Tyson Foods to a “market perform” rating and lowered their target price for the stock from $74.00 to $59.00 in a research note on Wednesday, July 23rd. Stephens lowered their target price on shares of Tyson Foods from $61.00 to $55.00 in a research note on Tuesday, July 15th. Sanford C. Bernstein lowered shares of Tyson Foods from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $74.00 to $59.00 in a research note on Wednesday, July 23rd. Finally, JP Morgan Cazenove decreased their price target on shares of Tyson Foods from $61.00 to $60.00 and set a “neutral” rating on the stock in a research note on Monday, July 7th. Two investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $61.25.

About Tyson Foods

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.