FSM Wealth Advisors LLC Purchases 370 Shares of Tyson Foods, Inc. (NYSE:TSN)

FSM Wealth Advisors LLC boosted its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 6.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,797 shares of the company’s stock after purchasing an additional 370 shares during the quarter. FSM Wealth Advisors LLC’s holdings in Tyson Foods were worth $300,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wellington Management Group LLP grew its position in shares of Tyson Foods by 11,645.6% in the 1st quarter. Wellington Management Group LLP now owns 4,949,132 shares of the company’s stock valued at $293,583,000 after purchasing an additional 4,906,996 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of Tyson Foods by 97.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,471,823 shares of the company’s stock valued at $561,869,000 after purchasing an additional 4,669,457 shares during the period. Amundi grew its position in shares of Tyson Foods by 276.9% in the 4th quarter. Amundi now owns 3,063,695 shares of the company’s stock valued at $199,212,000 after purchasing an additional 2,250,890 shares during the period. Vanguard Group Inc. grew its position in shares of Tyson Foods by 6.4% in the 1st quarter. Vanguard Group Inc. now owns 37,179,555 shares of the company’s stock valued at $3,332,404,000 after purchasing an additional 2,239,235 shares during the period. Finally, FMR LLC grew its position in shares of Tyson Foods by 26.9% in the 1st quarter. FMR LLC now owns 7,059,348 shares of the company’s stock valued at $418,761,000 after purchasing an additional 1,496,505 shares during the period. 63.68% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

TSN has been the topic of several research reports. BMO Capital Markets boosted their target price on Tyson Foods from $48.00 to $50.00 and gave the company a “market perform” rating in a research note on Tuesday, August 8th. StockNews.com started coverage on Tyson Foods in a research note on Thursday, August 17th. They set a “sell” rating on the stock. Finally, Barclays dropped their price objective on Tyson Foods from $52.00 to $50.00 in a research note on Thursday, June 1st. Three analysts have rated the stock with a sell rating and five have given a hold rating to the stock. According to MarketBeat, Tyson Foods presently has a consensus rating of “Hold” and a consensus target price of $55.75.

Tyson Foods Stock Performance

NYSE TSN traded down $0.38 on Monday, reaching $54.16. The stock had a trading volume of 553,681 shares, compared to its average volume of 3,299,621. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.80 and a quick ratio of 0.71. The firm has a fifty day moving average of $53.66 and a two-hundred day moving average of $54.62. Tyson Foods, Inc. has a 1-year low of $47.11 and a 1-year high of $74.07. The company has a market cap of $19.26 billion, a P/E ratio of 59.28 and a beta of 0.78.

Tyson Foods (NYSE:TSN) last issued its quarterly earnings data on Monday, August 7th. The company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.11). Tyson Foods had a net margin of 0.64% and a return on equity of 4.77%. The firm had revenue of $13.14 billion during the quarter, compared to analyst estimates of $13.63 billion. During the same period in the prior year, the company earned $1.94 earnings per share. The business’s quarterly revenue was down 2.6% compared to the same quarter last year. On average, equities research analysts anticipate that Tyson Foods, Inc. will post 1.32 EPS for the current year.

Tyson Foods Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 3.55%. The ex-dividend date of this dividend is Thursday, November 30th. Tyson Foods’s dividend payout ratio (DPR) is presently 208.70%.

Tyson Foods 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 live market 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.