Barings LLC Trims Stock Position in Tyson Foods, Inc. $TSN

Barings LLC trimmed its holdings in Tyson Foods, Inc. (NYSE:TSN) by 29.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,788 shares of the company’s stock after selling 9,408 shares during the period. Barings LLC’s holdings in Tyson Foods were worth $1,275,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Zions Bancorporation National Association UT acquired a new stake in shares of Tyson Foods in the first quarter worth approximately $28,000. NewSquare Capital LLC boosted its holdings in shares of Tyson Foods by 175.3% in the 2nd quarter. NewSquare Capital LLC now owns 512 shares of the company’s stock valued at $29,000 after purchasing an additional 326 shares during the last quarter. Matrix Trust Co boosted its holdings in shares of Tyson Foods by 28,200.0% in the 2nd quarter. Matrix Trust Co now owns 566 shares of the company’s stock valued at $32,000 after purchasing an additional 564 shares during the last quarter. First Command Advisory Services Inc. grew its stake in shares of Tyson Foods by 389.8% during the 2nd quarter. First Command Advisory Services Inc. now owns 578 shares of the company’s stock valued at $32,000 after buying an additional 460 shares during the period. Finally, MTM Investment Management LLC acquired a new stake in shares of Tyson Foods during the 2nd quarter worth $36,000. Institutional investors and hedge funds own 67.00% of the company’s stock.

Tyson Foods Stock Performance

Shares of NYSE:TSN opened at $53.64 on Friday. The business’s 50-day simple moving average is $53.12 and its 200 day simple moving average is $54.66. The company has a market cap of $19.08 billion, a P/E ratio of 24.38, a PEG ratio of 0.85 and a beta of 0.56. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.78 and a current ratio of 1.73. Tyson Foods, Inc. has a one year low of $50.56 and a one year high of $64.72.

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

Tyson Foods Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be paid a dividend of $0.51 per share. This is a positive change from Tyson Foods’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Friday, February 27th. This represents a $2.04 annualized dividend and a yield of 3.8%. Tyson Foods’s payout ratio is presently 153.38%.

Tyson Foods declared that its board has authorized a share repurchase plan on Thursday, August 7th that permits the company to repurchase 43,000,000 shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tyson Foods in a report on Monday, November 17th. Santander started coverage on Tyson Foods in a research note on Thursday, September 25th. They issued a “neutral” rating on the stock. BMO Capital Markets increased their target price on shares of Tyson Foods from $53.00 to $56.00 and gave the stock a “market perform” rating in a research report on Tuesday, November 11th. Bank of America cut their price target on shares of Tyson Foods from $59.00 to $58.00 and set a “neutral” rating on the stock in a report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. started coverage on shares of Tyson Foods in a research note on Wednesday, August 20th. They set a “neutral” rating and a $60.00 price objective for the company. Two research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $60.75.

Tyson Foods Company 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.