Chairman Sells 100,301 Tyson Foods Shares at $58.05, Chicago Partners Raises Stake 125.6%
Chicago Partners boosted its Tyson Foods stake by 125.6% to 16,820 shares, and Chairman John H. Tyson sold 100,301 shares at $58.05 for $5.82 million. Tyson Foods reported EPS of $1.15, beating estimates by $0.30, and raised its quarterly dividend to $0.51, yielding 3.3%.
1. Chicago Partners Deepens Position
Chicago Partners Investment Group LLC boosted its stake in Tyson Foods, Inc. by 125.6% during the third quarter, adding 9,363 shares to bring its total holdings to 16,820 shares. According to the latest Form 13F filing, the newly acquired shares carried a combined value of $877,000 at the time of reporting, reflecting the firm’s growing conviction in the company’s long-term protein-processing business.
2. Broad Institutional Activity
Several other institutional investors adjusted their Tyson Foods positions in recent quarters. Empowered Funds LLC increased its stake by 15.6%, taking ownership to 28,076 shares valued at $1.79 million. Woodline Partners LP added 7,011 shares (a 40.8% rise), bringing its holdings to 24,178 shares worth $1.54 million. Focus Partners Wealth lifted its position by 84.0%, now holding 12,597 shares valued at $804,000. Sivia Capital Partners LLC doubled its stake to 7,393 shares ($414,000) and Wealth Enhancement Advisory Services LLC grew by 33.0% to 46,335 shares ($2.66 million). Collectively, institutional investors and hedge funds control approximately 67% of outstanding shares.
3. Analysts Maintain Cautious Outlook
Research firms have largely retained neutral assessments on the company. Piper Sandler recently raised its target from $58.00 to $61.00 while keeping a neutral stance. BMO Capital Markets reiterated an outperform view with a $67.00 target. Bank of America trimmed its objective slightly to $58.00 and upheld a neutral rating. Zacks Research upgraded the stock from strong sell to hold, and Weiss Ratings continues to endorse a hold grading. The consensus among thirteen hold ratings and two buy ratings yields an average target of $60.60.
4. Insider Sales, Earnings and Dividend Boost
Chairman John H. Tyson sold 100,301 shares in late November, generating proceeds of $5.82 million and reducing his stake by 3.25% to 2.99 million shares. CFO Curt Calaway divested 6,539 shares for $373,965, trimming his position by 17.04% to 31,833 shares. In its latest quarterly report, the company posted earnings per share of $1.15, beating consensus by $0.30 on revenues of $13.86 billion—up 2.2% year-over-year—with a net margin near 0.9% and ROE of 7.95%. The board also approved a quarterly dividend increase to $0.51 per share, representing a 3.3% yield and a payout ratio of 153.4%, payable March 13th to shareholders of record February 27th.