AE Wealth Management LLC Purchases 993 Shares of Tyson Foods, Inc. $TSN

AE Wealth Management LLC increased its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 5.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,924 shares of the company’s stock after acquiring an additional 993 shares during the period. AE Wealth Management LLC’s holdings in Tyson Foods were worth $1,059,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP boosted its holdings in shares of Tyson Foods by 12.6% in the 1st quarter. Allworth Financial LP now owns 1,705 shares of the company’s stock valued at $105,000 after purchasing an additional 191 shares in the last quarter. Horizon Investments LLC raised its holdings 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 buying an additional 201 shares in the last quarter. Independent Advisor Alliance lifted 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 buying an additional 204 shares during the last quarter. DekaBank Deutsche Girozentrale boosted its stake in Tyson Foods by 0.4% in the second quarter. DekaBank Deutsche Girozentrale now owns 56,200 shares of the company’s stock valued at $3,099,000 after buying an additional 206 shares in the last quarter. Finally, Peddock Capital Advisors LLC grew its position in Tyson Foods by 1.0% in the second quarter. Peddock Capital Advisors LLC now owns 21,152 shares of the company’s stock valued at $1,183,000 after acquiring an additional 217 shares during the last quarter. 67.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. assumed coverage on shares of Tyson Foods in a report on Wednesday, August 20th. They issued a “neutral” rating and a $60.00 target price for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Tyson Foods in a research note on Wednesday, October 8th. Bernstein Bank cut shares of Tyson Foods to a “market perform” rating and decreased their target price for the stock from $74.00 to $59.00 in a research note on Wednesday, July 23rd. BMO Capital Markets upped their price target on shares of Tyson Foods from $53.00 to $56.00 and gave the stock a “market perform” rating in a report on Tuesday. Finally, Santander began coverage on Tyson Foods in a report on Thursday, September 25th. They set a “neutral” rating on the stock. Two equities research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $60.75.

Tyson Foods Stock Down 2.8%

Shares of TSN opened at $53.98 on Thursday. The stock’s 50-day moving average price is $53.44 and its two-hundred day moving average price is $54.95. Tyson Foods, Inc. has a 12 month low of $50.56 and a 12 month high of $65.33. The company has a market capitalization of $19.20 billion, a PE ratio of 24.54, a PEG ratio of 0.85 and a beta of 0.56. The company has a current ratio of 1.73, a quick ratio of 0.78 and a debt-to-equity ratio of 0.44.

Tyson Foods (NYSE:TSN) last issued its quarterly earnings data on Monday, November 10th. The company reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.30. The company had revenue of $13.86 billion during the quarter, compared to the consensus estimate of $14.08 billion. Tyson Foods had a return on equity of 7.49% and a net margin of 1.45%.The firm’s revenue was up 2.2% compared to the same quarter last year. During the same period last year, the company earned $0.92 earnings per share. Tyson Foods has set its FY 2026 guidance at EPS. On average, analysts anticipate that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be paid a $0.51 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.8%. This is an increase from Tyson Foods’s previous quarterly dividend of $0.50. Tyson Foods’s payout ratio is currently 150.38%.

Tyson Foods declared that its Board of Directors has authorized a share repurchase program on Thursday, August 7th that permits the company to buyback 43,000,000 shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

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.