Oak Thistle LLC Acquires Shares of 39,078 Tyson Foods, Inc. $TSN

Oak Thistle LLC acquired a new stake in Tyson Foods, Inc. (NYSE:TSN) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 39,078 shares of the company’s stock, valued at approximately $2,291,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TSN. Empowered Funds LLC boosted its position in Tyson Foods by 15.6% in the 1st quarter. Empowered Funds LLC now owns 28,076 shares of the company’s stock valued at $1,792,000 after buying an additional 3,788 shares during the last quarter. Woodline Partners LP boosted its position in Tyson Foods by 40.8% in the 1st quarter. Woodline Partners LP now owns 24,178 shares of the company’s stock valued at $1,543,000 after buying an additional 7,011 shares during the last quarter. Focus Partners Wealth boosted its position in Tyson Foods by 84.0% in the 1st quarter. Focus Partners Wealth now owns 12,597 shares of the company’s stock valued at $804,000 after buying an additional 5,749 shares during the last quarter. Sivia Capital Partners LLC boosted its position in Tyson Foods by 100.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 7,393 shares of the company’s stock valued at $414,000 after buying an additional 3,702 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in Tyson Foods by 158.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 6,952 shares of the company’s stock valued at $389,000 after buying an additional 4,265 shares during the last quarter. 67.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TSN. Mizuho began coverage on shares of Tyson Foods in a research note on Thursday, March 26th. They issued an “outperform” rating and a $72.00 target price on the stock. Piper Sandler upgraded shares of Tyson Foods from a “neutral” rating to an “overweight” rating and upped their target price for the company from $61.00 to $75.00 in a research note on Monday. Barclays upped their target price on shares of Tyson Foods from $75.00 to $78.00 and gave the company an “overweight” rating in a research note on Tuesday, February 3rd. JPMorgan Chase & Co. cut their target price 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. Finally, Argus upgraded shares of Tyson Foods to a “hold” rating in a research note on Friday, February 6th. Five research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $65.92.

Tyson Foods News Roundup

Here are the key news stories impacting Tyson Foods this week:

• Positive Sentiment: Piper Sandler upgraded TSN from Neutral to Overweight and raised its price target to $75 (from $61), implying material upside versus current levels; this upgrade is the main near-term bullish catalyst. Piper Sandler upgrade
• Positive Sentiment: Zacks moved Tyson to a Zacks Rank #2 (Buy), citing improved earnings prospects — the upgrade adds independent analyst support to the bullish case. Zacks upgrade
• Positive Sentiment: Coverage momentum: multiple outlets and analysts turned more bullish this week (articles noting Piper Sandler’s move and follow-up buy-side interest), which can attract short-term buying. Analyst coverage
• Neutral Sentiment: Operational/strategy update coverage: reporting on plant closures and a new accounting chief suggests management is reshaping costs and reporting — could boost margins long term but introduces execution and timing risk. Plant closures article
• Neutral Sentiment: Valuation/sector analysis pieces from Zacks and Yahoo highlight possible undervaluation and perishable-food sector dynamics; useful context for investors but not immediate catalysts. Zacks valuation piece Yahoo sector article
• Neutral Sentiment: Corporate/social activity: Tyson’s community/charity involvement (North Texas Food Bank event) is positive for ESG/brand but unlikely to move the stock materially. Community event
• Negative Sentiment: Recent fundamentals: Tyson’s most recent quarter showed a slight EPS miss (reported $0.97 vs. $1.01 expected) despite a revenue beat — that earnings miss remains a cautionary factor and likely explains some of the selling pressure. Quarterly results

Tyson Foods Stock Performance

Shares of Tyson Foods stock opened at $64.18 on Wednesday. The firm has a market cap of $22.60 billion, a PE ratio of 114.61, a price-to-earnings-growth ratio of 1.40 and a beta of 0.44. The firm’s 50-day simple moving average is $63.13 and its 200-day simple moving average is $58.46. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.66 and a current ratio of 1.53. Tyson Foods, Inc. has a 1 year low of $50.56 and a 1 year high of $66.41.

Tyson Foods (NYSE:TSN) last released its quarterly earnings data on Monday, February 2nd. The company reported $0.97 earnings per share for the quarter, missing the consensus estimate of $1.01 by ($0.04). The business had revenue of $14.31 billion for the quarter, compared to analyst estimates of $14.11 billion. Tyson Foods had a return on equity of 7.67% and a net margin of 0.36%.Tyson Foods’s revenue was up 5.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.14 EPS. Equities analysts forecast that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a dividend of $0.51 per share. The ex-dividend date is Monday, June 1st. This represents a $2.04 annualized dividend and a yield of 3.2%. Tyson Foods’s dividend payout ratio is 364.29%.

Tyson Foods Profile

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.