SPRINGDALE, Ark. – Tyson Foods , Inc. (NYSE: TSN), a $20.4 billion market cap food producer, saw shareholders reaffirm their confidence in the company’s leadership during the Annual Meeting of Shareholders held today. The election resulted in the reelection of 13 incumbent directors, reflecting robust shareholder support based on preliminary voting outcomes. The board’s size was adjusted to 13 following Jonathan Mariner’s decision not to seek renomination, maintaining a majority of nine independent directors. According to InvestingPro analysis, the company maintains a Fair financial health score, with liquid assets exceeding short-term obligations.
Kate Quinn was appointed as the new Chair of the Audit Committee, stepping into a key oversight role. Chairman John H. Tyson highlighted the significance of the company’s 90-year history, emphasizing the collective efforts that have established Tyson Foods as a global leader in the food industry, now generating annual revenues of $53.6 billion. He expressed gratitude to the company’s team members, communities, and shareholders for their continuous support, noting the company’s impressive track record of maintaining dividend payments for 51 consecutive years.
The board members serving another term include Chairman John H. Tyson, Les R. Baledge, Mike Beebe, Maria Claudia Borras, David J. Bronczek, Donnie King, Maria N. Martinez, Kevin M. McNamara, Cheryl S. Miller, Kate B. Quinn, Jeffrey K. Schomburger, Barbara A. Tyson, and Noel White. In addition to board elections, shareholders ratified PricewaterhouseCoopers LLP as the independent accounting firm for fiscal year 2025 and voted down the sole shareholder proposal presented.
Tyson Foods, with a legacy stretching back to 1935 and guided by four generations of family leadership, remains committed to its mission of feeding the world like family. The company’s extensive product portfolio includes well-known brands such as Tyson®, Jimmy Dean®, and Hillshire Farm®. For deeper insights into Tyson Foods’ financial health and growth prospects, investors can access comprehensive analysis through InvestingPro, which features detailed research reports and exclusive financial metrics. As of September 2024, Tyson Foods employed approximately 138,000 team members worldwide, with its headquarters based in Springdale, Arkansas. This news is based on a press release statement.
In other recent news, Tyson Foods Inc (NYSE:TSN) has seen a series of adjustments to its stock price targets and ratings from several analyst firms, following its strong first-quarter performance in 2025. Bernstein analysts raised their price target on Tyson’s shares to $75 from $72, maintaining an Outperform rating. This adjustment was due to Tyson’s robust quarter, particularly within its chicken segment, and the company’s strategic shift towards value-added products.
Stephens also increased its price target for Tyson to $63 from $60, keeping an Equal Weight rating on the shares. Tyson’s first-quarter 2025 adjusted earnings per share announcement, which exceeded both Stephens’ and consensus estimates, prompted this change. Tyson’s beef segment notably outperformed expectations despite a challenging environment.
Piper Sandler upgraded Tyson’s stock rating from Underweight to Neutral, setting a new price target of $58. This revision was driven by Tyson’s stronger-than-expected Chicken segment margins and projected positive volume growth for the fiscal year 2025. However, the analyst also noted potential challenges ahead, including increased cattle costs.
Citi analysts adjusted their outlook on Tyson, reducing the price target to $61 from $63 while retaining a Neutral rating. The revision was due to potential increased profitability in the Chicken segment being counterbalanced by weaker performance in other divisions, particularly Beef.
Finally, UBS initiated coverage on Tyson with a Neutral rating and a $62 price target. Tyson’s substantial market presence and expected compound annual growth rate of approximately 8% in adjusted operating income between 2024-2028 were key factors in this assessment.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.