Clifford Swan Investment Counsel LLC Sells 25,564 Shares of Tractor Supply Company $TSCO

Clifford Swan Investment Counsel LLC cut its holdings in Tractor Supply Company (NASDAQ:TSCO) by 3.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 629,681 shares of the specialty retailer’s stock after selling 25,564 shares during the period. Tractor Supply accounts for approximately 1.0% of Clifford Swan Investment Counsel LLC’s portfolio, making the stock its 28th biggest holding. Clifford Swan Investment Counsel LLC owned 0.12% of Tractor Supply worth $31,490,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in TSCO. Field & Main Bank grew its position in Tractor Supply by 1.1% during the fourth quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock worth $942,000 after buying an additional 200 shares in the last quarter. Oak Thistle LLC grew its position in Tractor Supply by 0.9% during the fourth quarter. Oak Thistle LLC now owns 24,911 shares of the specialty retailer’s stock worth $1,246,000 after buying an additional 215 shares in the last quarter. Vestmark Advisory Solutions Inc. grew its position in Tractor Supply by 5.1% during the third quarter. Vestmark Advisory Solutions Inc. now owns 4,514 shares of the specialty retailer’s stock worth $257,000 after buying an additional 218 shares in the last quarter. Johnson Investment Counsel Inc. grew its position in Tractor Supply by 1.7% during the third quarter. Johnson Investment Counsel Inc. now owns 12,771 shares of the specialty retailer’s stock worth $726,000 after buying an additional 219 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its position in Tractor Supply by 22.7% during the second quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer’s stock worth $63,000 after buying an additional 220 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on TSCO. Piper Sandler downgraded Tractor Supply from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $51.00 to $36.00 in a research report on Tuesday, May 5th. Zacks Research raised Tractor Supply from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Loop Capital decreased their target price on Tractor Supply from $51.00 to $41.00 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. Wells Fargo & Company decreased their target price on Tractor Supply from $55.00 to $47.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. decreased their target price on Tractor Supply from $55.00 to $48.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. Fourteen investment 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, the company presently has an average rating of “Moderate Buy” and a consensus target price of $47.19.

Tractor Supply Stock Up 0.8%

Shares of TSCO opened at $29.37 on Friday. The company has a market capitalization of $15.40 billion, a P/E ratio of 14.40, a PEG ratio of 2.18 and a beta of 0.47. 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 one year low of $28.36 and a one year high of $63.99. The business’s 50 day simple moving average is $37.23 and its 200-day simple moving average is $46.75.

Tractor Supply (NASDAQ:TSCO) last announced its 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 business had revenue of $3.59 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, sell-side analysts predict that Tractor Supply Company will post 2.14 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

The firm also recently announced 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. This represents a $0.96 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Wednesday, May 27th. Tractor Supply’s payout ratio is presently 47.06%.

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.