Candriam S.C.A. Sells 18,754 Shares of Tractor Supply Company $TSCO

Candriam S.C.A. reduced its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 22.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,006 shares of the specialty retailer’s stock after selling 18,754 shares during the quarter. Candriam S.C.A.’s holdings in Tractor Supply were worth $2,854,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. JPL Wealth Management LLC bought a new position in shares of Tractor Supply during the 3rd quarter worth approximately $28,000. Garner Asset Management Corp acquired a new position in Tractor Supply during the 4th quarter worth about $25,000. Reflection Asset Management acquired a new position in shares of Tractor Supply during the fourth quarter worth approximately $26,000. Core Wealth Advisors LLC bought a new position in Tractor Supply in the 4th quarter valued at $27,000. Finally, Aventura Private Wealth LLC bought a new position in Tractor Supply in the fourth quarter valued at about $27,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Evercore restated an “outperform” rating and issued a $40.00 price target on shares of Tractor Supply in a research report on Tuesday, July 7th. Daiwa Securities Group lowered their price objective on shares of Tractor Supply from $52.00 to $41.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Mizuho set a $32.00 target price on Tractor Supply and gave the company a “neutral” rating in a research report on Thursday, July 9th. Loop Capital cut their price target on shares of Tractor Supply from $41.00 to $35.00 and set a “hold” rating on the stock in a research report on Tuesday, June 16th. Finally, Zacks Research raised Tractor Supply from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Thirteen research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $43.38.

Tractor Supply Price Performance

Shares of NASDAQ:TSCO opened at $30.55 on Wednesday. The firm has a 50 day moving average of $30.72 and a 200-day moving average of $42.32. 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 Company has a 12 month low of $28.36 and a 12 month high of $63.99. The stock has a market capitalization of $16.02 billion, a PE ratio of 14.98, a PEG ratio of 2.29 and a beta of 0.46.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings results 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). The company had revenue of $3.59 billion during the quarter, compared to analyst estimates 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 for the quarter was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. On average, equities research analysts predict that Tractor Supply Company will post 2.11 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

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

About Tractor Supply

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.