Clearbridge Investments LLC Lowers Stake in Tractor Supply Company $TSCO

Clearbridge Investments LLC reduced its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 17.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 3,042,598 shares of the specialty retailer’s stock after selling 649,581 shares during the period. Clearbridge Investments LLC owned approximately 0.58% of Tractor Supply worth $152,160,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of TSCO. Syon Capital LLC lifted its stake in shares of Tractor Supply by 93.4% in the 4th quarter. Syon Capital LLC now owns 9,051 shares of the specialty retailer’s stock worth $453,000 after acquiring an additional 4,370 shares during the period. Capital World Investors lifted its stake in shares of Tractor Supply by 2.3% in the 4th quarter. Capital World Investors now owns 15,157,047 shares of the specialty retailer’s stock worth $758,004,000 after acquiring an additional 336,040 shares during the period. Capital International Inc. CA lifted its stake in shares of Tractor Supply by 6.3% in the 4th quarter. Capital International Inc. CA now owns 447,149 shares of the specialty retailer’s stock worth $22,362,000 after acquiring an additional 26,545 shares during the period. Capital International Investors lifted its stake in shares of Tractor Supply by 3.9% in the 4th quarter. Capital International Investors now owns 24,279,046 shares of the specialty retailer’s stock worth $1,214,390,000 after acquiring an additional 902,659 shares during the period. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of Tractor Supply in the 4th quarter worth $127,000. 98.72% of the stock is owned by hedge funds and other institutional investors.

Tractor Supply Price Performance

Shares of NASDAQ TSCO opened at $29.78 on Monday. The company has a quick ratio of 0.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.86. Tractor Supply Company has a 52 week low of $28.36 and a 52 week high of $63.99. The firm has a 50-day moving average price of $36.90 and a 200 day moving average price of $46.58. The stock has a market capitalization of $15.62 billion, a price-to-earnings ratio of 14.60, a price-to-earnings-growth ratio of 2.23 and a beta of 0.47.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.04). Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The company had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.64 billion. During the same quarter last year, the business earned $0.34 EPS. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Equities research analysts anticipate that Tractor Supply Company will post 2.14 EPS for the current fiscal year.

Tractor Supply Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th will be paid 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%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on TSCO shares. Bank of America started coverage on shares of Tractor Supply in a research note on Tuesday, April 7th. They issued a “neutral” rating and a $47.00 target price for the company. Gordon Haskett reduced their target price on shares of Tractor Supply from $50.00 to $40.00 and set a “hold” rating for the company in a research note on Wednesday, April 22nd. DA Davidson reduced their target price on shares of Tractor Supply from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Loop Capital reduced their target price on shares of Tractor Supply from $51.00 to $41.00 and set a “hold” rating for the company in a research note on Wednesday, April 22nd. Finally, Robert W. Baird set a $60.00 target price on shares of Tractor Supply and gave the stock an “outperform” rating in a research note on Friday, April 17th. Fourteen equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat.com, Tractor Supply currently has a consensus rating of “Moderate Buy” and an average price target of $46.81.

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.