Capital International Investors raised its position in Tractor Supply Company (NASDAQ:TSCO – Free Report) by 3.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 24,279,046 shares of the specialty retailer’s stock after acquiring an additional 902,659 shares during the quarter. Capital International Investors’ holdings in Tractor Supply were worth $1,214,390,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the company. Field & Main Bank grew its position in Tractor Supply by 1.1% in the 4th quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock valued at $942,000 after acquiring an additional 200 shares in the last quarter. Oak Thistle LLC grew its position in Tractor Supply by 0.9% in the 4th quarter. Oak Thistle LLC now owns 24,911 shares of the specialty retailer’s stock valued at $1,246,000 after acquiring an additional 215 shares in the last quarter. Vestmark Advisory Solutions Inc. grew its position in Tractor Supply by 5.1% in the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 4,514 shares of the specialty retailer’s stock valued at $257,000 after acquiring an additional 218 shares in the last quarter. Johnson Investment Counsel Inc. grew its position in Tractor Supply by 1.7% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 12,771 shares of the specialty retailer’s stock valued at $726,000 after acquiring an additional 219 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its position in Tractor Supply by 22.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer’s stock valued at $63,000 after acquiring an additional 220 shares in the last quarter. 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 analyst reports. Wells Fargo & Company lowered their price objective on Tractor Supply from $55.00 to $47.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Robert W. Baird set a $60.00 target price on shares of Tractor Supply and gave the company an “outperform” rating in a report on Friday, April 17th. Argus reduced their target price on shares of Tractor Supply from $64.00 to $50.00 and set a “buy” rating on the stock in a report on Monday, April 27th. Weiss Ratings cut shares of Tractor Supply from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 8th. Finally, Zacks Research raised shares of Tractor Supply from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Fourteen equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $46.81.
Tractor Supply Price Performance
Shares of NASDAQ TSCO opened at $29.78 on Friday. The stock’s 50-day simple moving average is $36.90 and its 200-day simple moving average is $46.63. The firm has a market capitalization of $15.62 billion, a PE ratio of 14.60, a price-to-earnings-growth ratio of 2.23 and a beta of 0.47. Tractor Supply Company has a fifty-two week low of $28.36 and a fifty-two week high of $63.99. 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 (NASDAQ:TSCO – Get Free Report) last posted its earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.04). The business 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%.Tractor Supply’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 earned $0.34 EPS. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, equities research analysts forecast that Tractor Supply Company will post 2.14 EPS for the current fiscal year.
Tractor Supply Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Wednesday, May 27th. Tractor Supply’s payout ratio is currently 47.06%.
About Tractor Supply
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.
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