Tractor Supply Company $TSCO Shares Sold by Dearborn Partners LLC

Dearborn Partners LLC lowered its position in Tractor Supply Company (NASDAQ:TSCOFree Report) by 19.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 552,579 shares of the specialty retailer’s stock after selling 129,938 shares during the quarter. Dearborn Partners LLC owned about 0.10% of Tractor Supply worth $27,634,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Havemeyer Place LP acquired a new stake in shares of Tractor Supply in the fourth quarter valued at approximately $152,000. 111 Capital acquired a new stake in shares of Tractor Supply in the fourth quarter valued at approximately $228,000. Lowe Brockenbrough & Co. Inc. increased its stake in shares of Tractor Supply by 8.7% in the fourth quarter. Lowe Brockenbrough & Co. Inc. now owns 9,621 shares of the specialty retailer’s stock valued at $481,000 after purchasing an additional 766 shares during the period. BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of Tractor Supply by 31.6% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 1,278,292 shares of the specialty retailer’s stock valued at $63,927,000 after purchasing an additional 306,697 shares during the period. Finally, PBU The Pension Fund of Early Childhood & Youth Educators acquired a new stake in shares of Tractor Supply in the fourth quarter valued at approximately $7,159,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on TSCO shares. Piper Sandler lowered shares of Tractor Supply from an “overweight” rating to a “neutral” rating and dropped their price target for the company from $51.00 to $36.00 in a research note on Tuesday, May 5th. JPMorgan Chase & Co. dropped their price target on shares of Tractor Supply from $55.00 to $48.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 22nd. BNP Paribas Exane dropped their price target on shares of Tractor Supply from $58.00 to $45.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 22nd. Truist Financial set a $44.00 price objective on shares of Tractor Supply and gave the company a “hold” rating in a report on Tuesday, April 21st. Finally, Wall Street Zen upgraded shares of Tractor Supply from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Fourteen analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $46.81.

Get Our Latest Report on TSCO

Tractor Supply Trading Up 1.4%

Tractor Supply stock opened at $29.78 on Friday. The firm has a 50 day simple moving average of $36.90 and a 200-day simple moving average of $46.63. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 0.16. The stock has a market capitalization 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 12-month low of $28.36 and a 12-month high of $63.99.

Tractor Supply (NASDAQ:TSCOGet Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.04). The company had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $3.64 billion. Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The company’s revenue was up 3.6% on a year-over-year basis. During the same quarter 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 expect that Tractor Supply Company will post 2.14 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th will be issued a $0.24 dividend. The ex-dividend date is Wednesday, May 27th. This represents a $0.96 annualized dividend and a dividend yield of 3.2%. Tractor Supply’s dividend payout ratio (DPR) is 47.06%.

Tractor Supply Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Tractor Supply (NASDAQ:TSCO)

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