First Interstate Bank lowered its stake in shares of Tyson Foods, Inc. (NYSE:TSN – Free Report) by 45.8% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,687 shares of the company’s stock after selling 3,117 shares during the quarter. First Interstate Bank’s holdings in Tyson Foods were worth $211,000 as of its most recent SEC filing. A number of other large investors have also added to or reduced their stakes in TSN. Pzena Investment Management LLC raised its holdings in shares of Tyson Foods by 79.2% in the 1st quarter. Pzena Investment Management LLC now owns 10,550,056 shares of the company’s stock worth $619,605,000 after purchasing an additional 4,662,332 shares during the period. Davis Selected Advisers bought a new stake in shares of Tyson Foods in the second quarter valued at $177,439,000. Capital Research Global Investors lifted its position in shares of Tyson Foods by 153.2% during the 4th quarter. Capital Research Global Investors now owns 4,827,091 shares of the company’s stock valued at $259,456,000 after buying an additional 2,920,479 shares during the last quarter. Norges Bank bought a new position in shares of Tyson Foods during the 4th quarter worth $89,286,000. Finally, Royal London Asset Management Ltd. increased its holdings in Tyson Foods by 76.9% in the 4th quarter. Royal London Asset Management Ltd. now owns 3,369,708 shares of the company’s stock worth $181,122,000 after acquiring an additional 1,465,139 shares during the last quarter. Hedge funds and other institutional investors own 67.00% of the company’s stock.
Tyson Foods, Inc. is a leading global food company. It operates in various segments, including poultry, beef, pork, and prepared foods. The company has a strong market presence and a history of innovation.
The dividend announcement comes as Tyson Foods continues to navigate a challenging economic environment, but the company remains committed to returning value to shareholders. The dividend announcement is significant for several reasons. First, it demonstrates the company’s confidence in its future prospects.
View Our Latest Report on Tyson Foods Tyson Foods Profile (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. See Also
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