Resources Management Corp CT ADV Grows Holdings in Tractor Supply Company $TSCO

Resources Management Corp CT ADV grew its stake in Tractor Supply Company (NASDAQ:TSCO) by 800.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 109,938 shares of the specialty retailer’s stock after buying an additional 97,728 shares during the period. Resources Management Corp CT ADV’s holdings in Tractor Supply were worth $5,498,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. MML Investors Services LLC grew its stake in Tractor Supply by 10.6% in the 4th quarter. MML Investors Services LLC now owns 57,394 shares of the specialty retailer’s stock worth $2,870,000 after buying an additional 5,500 shares in the last quarter. Focus Partners Wealth grew its stake in Tractor Supply by 10.0% in the 4th quarter. Focus Partners Wealth now owns 47,392 shares of the specialty retailer’s stock worth $2,403,000 after buying an additional 4,299 shares in the last quarter. Fieldview Capital Management LLC purchased a new position in Tractor Supply in the 4th quarter worth approximately $713,000. LRT Capital Management LLC purchased a new position in Tractor Supply in the 4th quarter worth approximately $721,000. Finally, Landscape Capital Management L.L.C. grew its stake in Tractor Supply by 156.0% in the 4th quarter. Landscape Capital Management L.L.C. now owns 132,644 shares of the specialty retailer’s stock worth $6,634,000 after buying an additional 80,833 shares in the last quarter. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Tractor Supply Stock Performance

Shares of TSCO opened at $31.25 on Monday. The firm has a market cap of $16.39 billion, a price-to-earnings ratio of 15.32, a PEG ratio of 2.34 and a beta of 0.47. 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 fifty-two week low of $28.36 and a fifty-two week high of $63.99. The firm has a 50 day moving average price of $35.45 and a 200-day moving average price of $45.80.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $3.64 billion. During the same quarter in the previous year, the firm posted $0.34 earnings per share. The company’s revenue 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. As a group, equities research analysts forecast that Tractor Supply Company will post 2.14 earnings per share for the current year.

Tractor Supply Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Wednesday, May 27th. Tractor Supply’s dividend payout ratio is currently 47.06%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Zacks Research raised shares of Tractor Supply from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. DA Davidson lowered their price objective on shares of Tractor Supply from $60.00 to $50.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. JPMorgan Chase & Co. lowered their price objective on shares of Tractor Supply from $55.00 to $48.00 and set a “neutral” rating for the company in a report on Wednesday, April 22nd. Truist Financial set a $44.00 price objective on shares of Tractor Supply and gave the stock a “hold” rating in a report on Tuesday, April 21st. Finally, Stephens lowered their price objective on shares of Tractor Supply from $53.00 to $43.00 and set an “equal weight” rating for the company in a report on Wednesday, April 22nd. Fourteen analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.81.

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.