ABN Amro Investment Solutions Acquires New Holdings in Tractor Supply Company $TSCO

ABN Amro Investment Solutions bought a new stake in shares of Tractor Supply Company (NASDAQ:TSCO) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 16,409 shares of the specialty retailer’s stock, valued at approximately $821,000.

Other large investors have also recently bought and sold shares of the company. Swedbank AB increased its stake in Tractor Supply by 3.3% during the 4th quarter. Swedbank AB now owns 1,129,182 shares of the specialty retailer’s stock valued at $56,470,000 after buying an additional 36,495 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Tractor Supply by 4.4% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,103,395 shares of the specialty retailer’s stock worth $56,086,000 after purchasing an additional 46,010 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of Tractor Supply by 1.6% in the 3rd quarter. Wellington Management Group LLP now owns 25,931,699 shares of the specialty retailer’s stock worth $1,474,736,000 after purchasing an additional 420,731 shares during the last quarter. Speece Thorson Capital Group Inc. grew its stake in shares of Tractor Supply by 22.0% in the 4th quarter. Speece Thorson Capital Group Inc. now owns 307,359 shares of the specialty retailer’s stock worth $15,371,000 after purchasing an additional 55,493 shares during the last quarter. Finally, First National Bank of Omaha acquired a new position in shares of Tractor Supply in the 3rd quarter worth approximately $5,069,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on TSCO. Wolfe Research reaffirmed an “outperform” rating and issued a $57.00 price objective on shares of Tractor Supply in a research note on Friday, January 30th. Stephens lowered their price objective on shares of Tractor Supply from $53.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 22nd. Gordon Haskett lowered their price objective on shares of Tractor Supply from $50.00 to $40.00 and set a “hold” rating on the stock in a research note on Wednesday, April 22nd. TD Cowen reaffirmed a “hold” rating and issued a $38.00 price objective (down from $53.00) on shares of Tractor Supply in a research note on Monday, April 27th. Finally, Piper Sandler cut shares of Tractor Supply from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $51.00 to $36.00 in a research note on Tuesday, May 5th. Fourteen investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $47.19.

Tractor Supply Stock Performance

Tractor Supply stock opened at $31.62 on Monday. The firm’s 50 day simple moving average is $40.13 and its 200-day simple moving average is $48.29. The company has a market cap of $16.58 billion, a P/E ratio of 15.50, a price-to-earnings-growth ratio of 1.82 and a beta of 0.51. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 0.16. Tractor Supply Company has a fifty-two week low of $29.42 and a fifty-two week high of $63.99.

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). The firm had revenue of $3.59 billion during 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%.The business’s revenue was up 3.6% on a year-over-year basis. During the same period last year, the business earned $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, equities research analysts predict that Tractor Supply Company will post 2.14 EPS for the current year.

Tractor Supply Dividend Announcement

The company 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 $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend 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.