Y Intercept Hong Kong Ltd Buys 109,462 Shares of Tractor Supply Company $TSCO

Y Intercept Hong Kong Ltd raised its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 127.0% in the 4th quarter, HoldingsChannel reports. The firm owned 195,632 shares of the specialty retailer’s stock after purchasing an additional 109,462 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Tractor Supply were worth $9,784,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Wealthspire Advisors LLC lifted its holdings in shares of Tractor Supply by 231.5% during the 4th quarter. Wealthspire Advisors LLC now owns 4,289 shares of the specialty retailer’s stock worth $214,000 after acquiring an additional 2,995 shares during the last quarter. Atalanta Sosnoff Capital LLC bought a new stake in shares of Tractor Supply during the 4th quarter worth $306,000. Summit Financial LLC lifted its holdings in shares of Tractor Supply by 1.2% during the 4th quarter. Summit Financial LLC now owns 28,960 shares of the specialty retailer’s stock worth $1,448,000 after acquiring an additional 347 shares during the last quarter. Federation des caisses Desjardins du Quebec lifted its holdings in shares of Tractor Supply by 1.3% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 40,830 shares of the specialty retailer’s stock worth $2,042,000 after acquiring an additional 514 shares during the last quarter. Finally, Bank of Jackson Hole Trust bought a new stake in shares of Tractor Supply during the 4th quarter worth $300,000. 98.72% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on TSCO shares. Piper Sandler downgraded shares of Tractor Supply from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $51.00 to $36.00 in a report on Tuesday, May 5th. Telsey Advisory Group dropped their price objective on shares of Tractor Supply from $63.00 to $52.00 and set an “outperform” rating for the company in a report on Wednesday, April 22nd. Argus dropped their price objective on shares of Tractor Supply from $64.00 to $50.00 and set a “buy” rating for the company in a report on Monday, April 27th. Morgan Stanley dropped their price objective on shares of Tractor Supply from $57.00 to $45.00 and set an “equal weight” rating for the company in a report on Wednesday, April 22nd. Finally, TD Cowen reaffirmed a “hold” rating and set a $38.00 price objective (down from $53.00) on shares of Tractor Supply in a report on Monday, April 27th. Fourteen equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, Tractor Supply has an average rating of “Moderate Buy” and a consensus target price of $46.42.

Tractor Supply Stock Performance

Tractor Supply stock opened at $31.25 on Friday. The company has a quick ratio of 0.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $16.39 billion, a PE ratio of 15.32, a P/E/G ratio of 2.34 and a beta of 0.47. The firm has a fifty day simple moving average of $35.45 and a two-hundred day simple moving average of $45.85. Tractor Supply Company has a twelve month low of $28.36 and a twelve month high of $63.99.

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

Tractor Supply Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Wednesday, May 27th were given a $0.24 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.1%. Tractor Supply’s 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.