Tractor Supply Company $TSCO Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC cut its stake in Tractor Supply Company (NASDAQ:TSCOFree Report) by 8.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 335,608 shares of the specialty retailer’s stock after selling 30,295 shares during the quarter. Natixis Advisors LLC’s holdings in Tractor Supply were worth $16,784,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. JPL Wealth Management LLC acquired a new position in Tractor Supply in the third quarter valued at approximately $28,000. Garner Asset Management Corp acquired a new position in Tractor Supply in the fourth quarter valued at approximately $25,000. Core Wealth Advisors LLC acquired a new position in Tractor Supply in the fourth quarter valued at approximately $27,000. Aventura Private Wealth LLC acquired a new position in Tractor Supply in the fourth quarter valued at approximately $27,000. Finally, Valley Wealth Managers Inc. acquired a new position in Tractor Supply in the fourth quarter valued at approximately $32,000. 98.72% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TSCO has been the subject of a number of recent analyst reports. Weiss Ratings cut Tractor Supply from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 8th. Piper Sandler cut Tractor Supply from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $51.00 to $36.00 in a research report on Tuesday, May 5th. Morgan Stanley cut their price objective on Tractor Supply from $57.00 to $45.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 22nd. TD Cowen restated a “hold” rating and issued a $38.00 price objective (down from $53.00) on shares of Tractor Supply in a research report on Monday, April 27th. Finally, Evercore cut their price objective on Tractor Supply from $50.00 to $45.00 and set an “outperform” rating for the company in a research report on Tuesday, May 19th. Fourteen investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $46.81.

Read Our Latest Analysis on TSCO

Tractor Supply Stock Up 1.4%

Shares of TSCO opened at $29.78 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.16 and a current ratio of 1.38. Tractor Supply Company has a one year low of $28.36 and a one year high of $63.99. The stock has a market capitalization of $15.62 billion, a price-to-earnings ratio of 14.60, a PEG ratio of 2.20 and a beta of 0.47. The stock has a 50 day moving average price of $36.90 and a 200 day moving average price of $46.63.

Tractor Supply (NASDAQ:TSCOGet Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.04). The firm had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $3.64 billion. Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The firm’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Equities research analysts forecast that Tractor Supply Company will post 2.14 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Wednesday, May 27th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.96 dividend on an annualized basis and a yield of 3.2%. Tractor Supply’s payout ratio is 47.06%.

Tractor Supply Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Tractor Supply (NASDAQ:TSCO)

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