Key Points
- CFO Curt Calaway sold 6,539 shares of Tyson Foods at an average price of $57.19 on Nov. 25, totaling about $373,965 and reducing his holding by 17.04 to 31,833 shares (≈$1.82M).
- The board has authorized a 43 million-share buyback, and the company raised its quarterly dividend to $0.51 (annualized $2.04), a ~3.5% yield despite a high payout ratio of 153%.
- Tyson reported $1.15 EPS for the quarter, beating estimates by $0.30 while revenue slightly missed, and analysts hold an average "Hold" rating with a $60.75 consensus target; the stock's 1-year range is $50.56–$64.72.
Tyson Foods, Inc. (NYSE:TSN - Get Free Report) CFO Curt Calaway sold 6,539 shares of the company's stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $57.19, for a total transaction of $373,965.41. Following the completion of the transaction, the chief financial officer owned 31,833 shares in the company, valued at approximately $1,820,529.27. This trade represents a 17.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Tyson Foods Stock Performance
NYSE:TSN opened at $57.98 on Thursday. Tyson Foods, Inc. has a 1-year low of $50.56 and a 1-year high of $64.72. The firm has a 50 day simple moving average of $53.32 and a 200-day simple moving average of $54.70. The firm has a market cap of $20.63 billion, a PE ratio of 26.35, a P/E/G ratio of 0.85 and a beta of 0.56. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.73 and a quick ratio of 0.78.
Tyson Foods (NYSE:TSN - Get Free Report) last issued its quarterly earnings results on Monday, November 10th. The company reported $1.15 earnings per share for the quarter, beating the consensus estimate 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%.Tyson Foods's revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.92 EPS. Tyson Foods has set its FY 2026 guidance at EPS. On average, equities analysts expect that Tyson Foods, Inc. will post 3.8 EPS for the current year.
Tyson Foods announced that its board has initiated a share buyback plan on Thursday, August 7th that permits the company to buyback 43,000,000 shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's management believes its shares are undervalued.
Tyson Foods Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be given a $0.51 dividend. This is an increase 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 dividend yield of 3.5%. Tyson Foods's dividend payout ratio is 153.38%.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on TSN shares. JPMorgan Chase & Co. started coverage on shares of Tyson Foods in a research note on Wednesday, August 20th. They issued a "neutral" rating and a $60.00 target price on the stock. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Tyson Foods in a report on Monday. Santander started coverage on shares of Tyson Foods in a research report on Thursday, September 25th. They issued a "neutral" rating on the stock. Zacks Research raised shares of Tyson Foods from a "strong sell" rating to a "hold" rating in a report on Thursday, October 30th. Finally, BMO Capital Markets raised their target price on Tyson Foods from $53.00 to $56.00 and gave the company a "market perform" rating in a research note on Tuesday, November 11th. Two analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $60.75.
Check Out Our Latest Research Report on Tyson Foods
Hedge Funds Weigh In On Tyson Foods
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC boosted its position in shares of Tyson Foods by 10.6% in the third quarter. CIBC Private Wealth Group LLC now owns 1,862 shares of the company's stock worth $101,000 after buying an additional 179 shares during the period. Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its stake in Tyson Foods by 10.0% in the 3rd quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 2,200 shares of the company's stock worth $119,000 after acquiring an additional 200 shares in the last quarter. Horizon Investments LLC lifted its stake in Tyson Foods by 5.1% in the 1st quarter. Horizon Investments LLC now owns 4,111 shares of the company's stock worth $262,000 after acquiring an additional 201 shares in the last quarter. Independent Advisor Alliance boosted its position in 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 acquiring an additional 204 shares during the period. Finally, DekaBank Deutsche Girozentrale grew its stake in Tyson Foods by 0.4% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 56,200 shares of the company's stock valued at $3,099,000 after acquiring an additional 206 shares in the last quarter. 67.00% of the stock is currently owned by hedge funds and other institutional investors.
About Tyson Foods
(
Get Free Report)
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.
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