Tractor Supply Company $TSCO Shares Sold by Cibc World Market Inc.

Cibc World Market Inc. cut its stake in Tractor Supply Company (NASDAQ:TSCO) by 28.6% during the 4th quarter, HoldingsChannel reports. The fund owned 108,403 shares of the specialty retailer’s stock after selling 43,473 shares during the period. Cibc World Market Inc.’s holdings in Tractor Supply were worth $5,421,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in TSCO. Garner Asset Management Corp acquired a new stake in Tractor Supply in the fourth quarter valued at $25,000. Aventura Private Wealth LLC acquired a new stake in Tractor Supply in the fourth quarter valued at $27,000. Core Wealth Advisors LLC acquired a new stake in Tractor Supply in the fourth quarter valued at $27,000. JPL Wealth Management LLC acquired a new stake in Tractor Supply in the third quarter valued at $28,000. Finally, Valley Wealth Managers Inc. acquired a new stake in Tractor Supply in the fourth quarter valued at $32,000. 98.72% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Robert W. Baird set a $60.00 target price on shares of Tractor Supply and gave the stock an “outperform” rating in a report on Friday, April 17th. Telsey Advisory Group dropped their target price on shares of Tractor Supply from $63.00 to $52.00 and set an “outperform” rating on the stock in a report on Wednesday, April 22nd. Citigroup dropped their target price on shares of Tractor Supply from $55.00 to $46.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Wall Street Zen raised shares of Tractor Supply from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Finally, UBS Group dropped their target price on shares of Tractor Supply from $55.00 to $44.00 and set a “neutral” rating on the stock 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 stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $46.81.

Tractor Supply Price Performance

Tractor Supply stock opened at $29.78 on Monday. The company has a 50-day simple moving average of $36.90 and a 200-day simple moving average of $46.58. The firm has a market capitalization of $15.62 billion, a P/E ratio of 14.60, a P/E/G ratio of 2.23 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 one year low of $28.36 and a one year high of $63.99.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.04). The firm had revenue of $3.59 billion for 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 firm’s revenue was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.34 EPS. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, equities analysts expect 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 will be paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th will be given a dividend of $0.24 per share. 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 is currently 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.