10 Best Packaged Food Stocks to Buy Now

5. Tyson Foods, Inc. (NYSE:TSN)

Number of Hedge Fund Holders: 44

Tyson Foods, Inc. (NYSE:TSN) is a food company that processes prepared food and other related products. It operates in the Prepared Foods, Beef, Chicken, and Pork segments. Its portfolio of brands includes Tyson, Jimmy Dean, Ball Park, Hillshire Farm, State Fair, Aidells, and more.

The company’s fiscal Q1 2025 performance reflects another year of potentially positive growth. The quarter marked its third consecutive quarter of year-over-year increases across key metrics, including adjusted operating income, sales, and adjusted earnings per share. Overall, its fiscal Q1 2025 results showed the best quarterly performance in more than two years, lending a positive light to the company. Its adjusted operating income rose by $248 million in fiscal Q1 2025, reflecting a notable 60% growth.

In addition, the adjusted operating income margin expanded by 170 basis points compared to last year, and adjusted earnings per share rose by a significant 65%. Tyson Foods, Inc. (NYSE:TSN) ended the quarter with a net leverage ratio of 2.3 times, a notable improvement from 4.1 times at the end of 2023.