Tractor Supply Company $TSCO Shares Acquired by Diversified Trust Co

Diversified Trust Co increased its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 361.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 26,233 shares of the specialty retailer’s stock after acquiring an additional 20,546 shares during the period. Diversified Trust Co’s holdings in Tractor Supply were worth $1,188,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in TSCO. Goldman Sachs Group Inc. grew its position in shares of Tractor Supply by 6.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,121,526 shares of the specialty retailer’s stock worth $156,108,000 after acquiring an additional 184,146 shares during the last quarter. Swedbank AB lifted its position in Tractor Supply by 3.3% in the 4th quarter. Swedbank AB now owns 1,129,182 shares of the specialty retailer’s stock valued at $56,470,000 after purchasing an additional 36,495 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in Tractor Supply by 44.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 727,125 shares of the specialty retailer’s stock valued at $36,364,000 after purchasing an additional 222,750 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Tractor Supply by 4.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,103,395 shares of the specialty retailer’s stock valued at $56,086,000 after purchasing an additional 46,010 shares during the period. Finally, Speece Thorson Capital Group Inc. grew its position in Tractor Supply by 22.0% in the 4th quarter. Speece Thorson Capital Group Inc. now owns 307,359 shares of the specialty retailer’s stock worth $15,371,000 after purchasing an additional 55,493 shares during the last quarter. 98.72% of the stock is owned by institutional investors and hedge funds.

Tractor Supply Stock Down 0.4%

TSCO stock opened at $29.68 on Wednesday. The firm’s 50-day moving average is $33.41 and its two-hundred day moving average is $44.61. The company has a market capitalization of $15.57 billion, a price-to-earnings ratio of 14.55, a price-to-earnings-growth ratio of 2.25 and a beta of 0.47. Tractor Supply Company has a 52 week low of $28.36 and a 52 week high of $63.99. 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 (NASDAQ:TSCO) 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). 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 the consensus estimate of $3.64 billion. During the same quarter last year, the business earned $0.34 earnings per share. The company’s revenue was up 3.6% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. On average, analysts forecast that Tractor Supply Company will post 2.12 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Wednesday, May 27th were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Wednesday, May 27th. Tractor Supply’s dividend payout ratio is 47.06%.

Wall Street Analysts Forecast Growth

TSCO has been the topic of several analyst reports. Jefferies Financial Group restated a “buy” rating and issued a $51.00 price target on shares of Tractor Supply in a research note on Tuesday, April 21st. Guggenheim reissued a “buy” rating and issued a $50.00 price objective (down from $60.00) on shares of Tractor Supply in a report on Friday, June 5th. Evercore lowered their target price on Tractor Supply from $50.00 to $45.00 and set an “outperform” rating on the stock in a research report on Tuesday, May 19th. JPMorgan Chase & Co. cut their target price on Tractor Supply from $55.00 to $48.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 22nd. Finally, Robert W. Baird set a $60.00 price target on Tractor Supply and gave the stock an “outperform” rating in a research report on Friday, April 17th. Fourteen analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $45.50.

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.