Pensionfund Sabic Invests $1.20 Million in Tractor Supply Company $TSCO

Pensionfund Sabic bought a new position in shares of Tractor Supply Company (NASDAQ:TSCO) during the fourth quarter, Holdings Channel.com reports. The fund bought 23,900 shares of the specialty retailer’s stock, valued at approximately $1,195,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Delos Wealth Advisors LLC purchased a new position in Tractor Supply in the second quarter worth approximately $26,000. Aventura Private Wealth LLC purchased a new stake in shares of Tractor Supply in the 4th quarter valued at approximately $27,000. JPL Wealth Management LLC acquired a new stake in shares of Tractor Supply in the 3rd quarter valued at $28,000. Clayton Financial Group LLC acquired a new stake in shares of Tractor Supply in the 3rd quarter valued at $44,000. Finally, First Horizon Corp purchased a new stake in shares of Tractor Supply during the 3rd quarter worth $44,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on TSCO shares. Truist Financial set a $55.00 target price on shares of Tractor Supply and gave the stock a “hold” rating in a research note on Friday, January 16th. Piper Sandler decreased their price target on Tractor Supply from $67.00 to $59.00 and set an “overweight” rating for the company in a report on Friday, January 30th. UBS Group set a $55.00 price objective on Tractor Supply in a research report on Friday, January 30th. Citigroup reiterated a “buy” rating and issued a $61.00 price objective (down from $66.00) on shares of Tractor Supply in a report on Friday, January 16th. Finally, Zacks Research lowered Tractor Supply from a “hold” rating to a “strong sell” rating in a research report on Monday, February 2nd. Fifteen investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $59.78.

Tractor Supply News Roundup

Here are the key news stories impacting Tractor Supply this week:

• Positive Sentiment: Tractor Supply’s annual Grants for Growing fundraiser raised more than $1 million, a strong community- and brand-building outcome that supports customer goodwill and long‑term loyalty in its core rural market. Tractor Supply Surpasses $1 Million to Expand Hands-on Learning for Future Agriculture Leaders
• Positive Sentiment: Tractor Supply was featured in a list of “top dividend stocks,” which can attract income-focused investors and support demand for the shares over time. 2 Top Dividend Stocks to Buy for Uncertain Times
• Neutral Sentiment: Recent bullish writeups on niche newsletters and aggregation sites summarize a positive investment thesis for TSCO (valuation, defensive rural exposure), but these are opinion pieces rather than company-driven catalysts. Is Tractor Supply Company (TSCO) A Good Stock To Buy Now?
• Neutral Sentiment: Multiple short‑interest reports flagged a “large increase” in March, but the published data shows zeros/NaN and days‑to‑cover of 0.0 — this appears to be a data issue and does not present a reliable bearish signal at this time.
• Neutral Sentiment: Sites running thematic articles about popular Wall Street names mentioned TSCO in broader context; useful for sentiment tracking but not a direct catalyst. 3 of Wall Street’s Favorite Stocks We Think Twice About
• Negative Sentiment: Fundamental pressure remains from Tractor Supply’s Jan. 29 quarterly results, which missed EPS and revenue estimates (EPS $0.43 vs. $0.46 expected; revenue $3.90B vs. $4.03B expected) — a reminder that growth and margin improvement may be slower than investors hoped. Tractor Supply Stock — MarketBeat

Tractor Supply Price Performance

Shares of NASDAQ:TSCO opened at $45.49 on Wednesday. Tractor Supply Company has a 12 month low of $44.44 and a 12 month high of $63.99. The firm has a market capitalization of $23.94 billion, a P/E ratio of 21.98, a P/E/G ratio of 2.28 and a beta of 0.72. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.34 and a quick ratio of 0.16. The company’s fifty day moving average price is $51.63 and its 200 day moving average price is $53.43.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings data on Thursday, January 29th. The specialty retailer reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.03). The company had revenue of $3.90 billion during the quarter, compared to analyst estimates of $4.03 billion. Tractor Supply had a net margin of 7.06% and a return on equity of 44.36%. The business’s revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.44 EPS. As a group, sell-side analysts predict that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th were given a $0.24 dividend. This is a boost from Tractor Supply’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.1%. Tractor Supply’s payout ratio is currently 46.38%.

Insider Activity

In other news, CFO Kurt D. Barton sold 1,929 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $53.94, for a total value of $104,050.26. Following the completion of the sale, the chief financial officer directly owned 44,736 shares of the company’s stock, valued at approximately $2,413,059.84. This represents a 4.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Jonathan S. Estep sold 59,745 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $54.03, for a total value of $3,228,022.35. Following the completion of the sale, the executive vice president directly owned 80,931 shares of the company’s stock, valued at $4,372,701.93. The trade was a 42.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 222,348 shares of company stock worth $11,959,621 over the last ninety days. 0.65% of the stock is owned by corporate insiders.

Tractor Supply Profile

Tractor Supply Company (NASDAQ: TSCO) is a specialty retailer focused on products for the home, farm, ranch and outdoors. The company operates a network of physical retail locations complemented by an e-commerce platform, offering a one-stop source of supplies and equipment for customers with rural and suburban lifestyles. Its merchandise assortment targets a range of needs, from animal and livestock care to maintenance, outdoor power equipment, and seasonal products.

Product categories include animal feed and supplies, pet products, fencing and fencing supplies, equine equipment, lawn and garden tools, work clothing and footwear, and small agricultural and outdoor power equipment.