Tractor Supply Company $TSCO Position Trimmed by Dearborn Partners LLC

Dearborn Partners LLC trimmed its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 19.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 552,579 shares of the specialty retailer’s stock after selling 129,938 shares during the period. Dearborn Partners LLC’s holdings in Tractor Supply were worth $27,634,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Field & Main Bank boosted its holdings in Tractor Supply by 1.1% during the fourth quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock worth $942,000 after buying an additional 200 shares in the last quarter. Oak Thistle LLC boosted its holdings in Tractor Supply by 0.9% during the fourth quarter. Oak Thistle LLC now owns 24,911 shares of the specialty retailer’s stock worth $1,246,000 after buying an additional 215 shares in the last quarter. Vestmark Advisory Solutions Inc. boosted its holdings in Tractor Supply by 5.1% during the third quarter. Vestmark Advisory Solutions Inc. now owns 4,514 shares of the specialty retailer’s stock worth $257,000 after buying an additional 218 shares in the last quarter. Johnson Investment Counsel Inc. boosted its holdings in Tractor Supply by 1.7% during the third quarter. Johnson Investment Counsel Inc. now owns 12,771 shares of the specialty retailer’s stock worth $726,000 after buying an additional 219 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in Tractor Supply by 22.7% during the second quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer’s stock worth $63,000 after buying an additional 220 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on TSCO shares. Bank of America started coverage on shares of Tractor Supply in a report on Tuesday, April 7th. They set a “neutral” rating and a $47.00 target price for the company. Wells Fargo & Company reduced their target price on shares of Tractor Supply from $55.00 to $47.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Raymond James Financial reduced their price target on shares of Tractor Supply from $60.00 to $48.00 and set an “outperform” rating for the company in a research report on Wednesday, April 22nd. Gordon Haskett reduced their price target on shares of Tractor Supply from $50.00 to $40.00 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. Finally, Piper Sandler downgraded shares of Tractor Supply from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $51.00 to $36.00 in a research report on Tuesday, May 5th. Fourteen investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat, Tractor Supply presently has a consensus rating of “Moderate Buy” and a consensus price target of $46.81.

Tractor Supply Stock Up 1.4%

Shares of NASDAQ: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. The company has a market cap 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 52 week low of $28.36 and a 52 week high of $63.99. The firm has a 50 day simple moving average of $36.90 and a 200 day simple moving average of $46.63.

Tractor Supply (NASDAQ:TSCO) 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 during the quarter, compared to analysts’ expectations of $3.64 billion. Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The firm’s revenue was up 3.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.34 EPS. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, research analysts expect that Tractor Supply Company will post 2.14 earnings per share for the current year.

Tractor Supply Dividend Announcement

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

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.