Thompson Siegel & Walmsley LLC Purchases 73,764 Shares of Tyson Foods, Inc. (NYSE:TSN)

Thompson Siegel & Walmsley LLC lifted its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 6.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,165,916 shares of the company’s stock after purchasing an additional 73,764 shares during the period. Tyson Foods accounts for approximately 1.0% of Thompson Siegel & Walmsley LLC’s portfolio, making the stock its 29th largest position. Thompson Siegel & Walmsley LLC’s holdings in Tyson Foods were worth $69,442,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Price T Rowe Associates Inc. MD raised its holdings in Tyson Foods by 0.9% in the first quarter. Price T Rowe Associates Inc. MD now owns 13,697,401 shares of the company’s stock worth $804,450,000 after purchasing an additional 128,274 shares in the last quarter. Pzena Investment Management LLC raised its stake in Tyson Foods by 0.4% during the third quarter. Pzena Investment Management LLC now owns 12,543,781 shares of the company’s stock valued at $747,108,000 after buying an additional 54,217 shares during the last quarter. Davis Selected Advisers bought a new position in Tyson Foods in the 2nd quarter worth about $177,439,000. Jacobs Levy Equity Management Inc. increased its stake in Tyson Foods by 5.1% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,894,219 shares of the company’s stock valued at $111,247,000 after purchasing an additional 91,627 shares in the last quarter. Finally, Van ECK Associates Corp raised its holdings in Tyson Foods by 45.5% in the second quarter. Van ECK Associates Corp now owns 1,274,741 shares of the company’s stock worth $72,839,000 after buying an additional 398,404 shares during the last quarter. 67.00% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on TSN shares. JPMorgan Chase & Co. boosted their price objective on shares of Tyson Foods from $61.00 to $63.00 and gave the stock a “neutral” rating in a report on Tuesday, August 6th. Piper Sandler lifted their price objective on Tyson Foods from $50.00 to $58.00 and gave the stock an “underweight” rating in a report on Wednesday, November 13th. Barclays increased their price objective on shares of Tyson Foods from $72.00 to $76.00 and gave the company an “overweight” rating in a research report on Monday, September 9th. Stephens raised their price target on Tyson Foods from $57.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 13th. Finally, BMO Capital Markets upped their price objective on Tyson Foods from $60.00 to $62.00 and gave the company a “market perform” rating in a research report on Wednesday, November 13th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $60.67.

Tyson Foods Stock Up 0.5 %

TSN stock opened at $63.25 on Thursday. The business’s 50-day moving average price is $60.04 and its 200-day moving average price is $59.79. The stock has a market cap of $22.50 billion, a P/E ratio of 28.11, a PEG ratio of 0.95 and a beta of 0.78. The company has a quick ratio of 0.95, a current ratio of 2.04 and a debt-to-equity ratio of 0.52. Tyson Foods, Inc. has a twelve month low of $46.51 and a twelve month high of $66.88.

Insider Transactions at Tyson Foods

In other news, General Counsel Adam S. Deckinger sold 10,500 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $64.80, for a total value of $680,400.00. Following the transaction, the general counsel now owns 19,260 shares of the company’s stock, valued at approximately $1,248,048. The trade was a 35.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Wes Morris sold 25,080 shares of Tyson Foods stock in a transaction on Monday, November 18th. The shares were sold at an average price of $64.71, for a total transaction of $1,622,926.80. Following the completion of the sale, the insider now owns 10,625 shares in the company, valued at approximately $687,543.75. This represents a 70.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 58,363 shares of company stock valued at $3,732,049 over the last three months. Corporate insiders own 2.05% of the company’s stock.

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 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.