Goldman Sachs Group Inc. Boosts Stock Position in Tractor Supply Company $TSCO

Goldman Sachs Group Inc. lifted its holdings in Tractor Supply Company (NASDAQ:TSCO) by 6.3% in the fourth quarter, HoldingsChannel reports. The firm owned 3,121,526 shares of the specialty retailer’s stock after purchasing an additional 184,146 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Tractor Supply were worth $156,108,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Field & Main Bank raised its position in shares of Tractor Supply by 1.1% during the 4th quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock valued at $942,000 after buying an additional 200 shares in the last quarter. Oak Thistle LLC raised its position in shares of Tractor Supply by 0.9% during the 4th quarter. Oak Thistle LLC now owns 24,911 shares of the specialty retailer’s stock valued at $1,246,000 after buying an additional 215 shares in the last quarter. Vestmark Advisory Solutions Inc. raised its position in shares of Tractor Supply by 5.1% during the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 4,514 shares of the specialty retailer’s stock valued at $257,000 after buying an additional 218 shares in the last quarter. Johnson Investment Counsel Inc. raised its position in shares of Tractor Supply by 1.7% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 12,771 shares of the specialty retailer’s stock valued at $726,000 after buying an additional 219 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its stake 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 during the period. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Mizuho cut their price objective on shares of Tractor Supply from $58.00 to $50.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 22nd. Raymond James Financial cut their price objective on shares of Tractor Supply from $60.00 to $48.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 22nd. JPMorgan Chase & Co. cut their price objective on shares of Tractor Supply from $55.00 to $48.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. Wall Street Zen upgraded shares of Tractor Supply from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Zacks Research upgraded shares of Tractor Supply from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Fourteen investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $46.81.

Tractor Supply Price Performance

NASDAQ:TSCO opened at $29.78 on Monday. Tractor Supply Company has a twelve month low of $28.36 and a twelve month high of $63.99. The company has a market cap of $15.62 billion, a price-to-earnings ratio of 14.60, a price-to-earnings-growth ratio of 2.23 and a beta of 0.47. The stock has a fifty day simple moving average of $36.90 and a 200-day simple moving average of $46.58. The company has a current ratio of 1.38, a quick ratio of 0.16 and a debt-to-equity ratio of 0.86.

Tractor Supply (NASDAQ:TSCO) last released 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). Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The business had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $3.64 billion. During the same quarter last year, the business posted $0.34 earnings per share. The firm’s revenue for the quarter was up 3.6% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Analysts anticipate that Tractor Supply Company will post 2.14 EPS for the current year.

Tractor Supply Announces Dividend

The firm also recently announced 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 dividend payout ratio (DPR) is 47.06%.

Tractor Supply Company 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.