Keybank National Association OH Has $11.78 Million Position in Tractor Supply Company $TSCO

Keybank National Association OH lessened its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 35.3% during the 1st quarter, Holdings Channel.com reports. The fund owned 259,930 shares of the specialty retailer’s stock after selling 141,623 shares during the period. Keybank National Association OH’s holdings in Tractor Supply were worth $11,775,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Bison Wealth LLC boosted its holdings in Tractor Supply by 356.1% in the fourth quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock worth $341,000 after purchasing an additional 5,017 shares in the last quarter. Woodline Partners LP lifted its position in shares of Tractor Supply by 40.7% in the first quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock worth $2,487,000 after buying an additional 13,051 shares during the last quarter. Intech Investment Management LLC boosted its stake in shares of Tractor Supply by 26.9% during the 1st quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock worth $1,442,000 after acquiring an additional 5,542 shares in the last quarter. Sei Investments Co. boosted its stake in shares of Tractor Supply by 1.2% during the 2nd quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock worth $16,676,000 after acquiring an additional 3,631 shares in the last quarter. Finally, Glenview Trust co increased its holdings in shares of Tractor Supply by 36.0% during the 2nd quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock valued at $1,036,000 after acquiring an additional 5,194 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Tractor Supply Price Performance

Shares of NASDAQ:TSCO opened at $31.76 on Friday. The company has a market cap of $16.66 billion, a price-to-earnings ratio of 15.57, a PEG ratio of 2.41 and a beta of 0.46. The business has a 50 day moving average price of $31.46 and a 200 day moving average price of $43.46. 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 twelve month low of $28.36 and a twelve month high of $63.99.

Tractor Supply (NASDAQ:TSCO) last issued 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). Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The business had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $3.64 billion. During the same period in the prior year, the firm earned $0.34 earnings per share. The business’s quarterly 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. Research analysts predict that Tractor Supply Company will post 2.11 earnings per share for the current year.

Tractor Supply Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $0.96 dividend on an annualized basis and a yield of 3.0%. Tractor Supply’s payout ratio is 47.06%.

Wall Street Analysts Forecast Growth

TSCO has been the topic of a number of recent analyst reports. Citigroup cut their price objective on Tractor Supply from $55.00 to $46.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. Truist Financial set a $32.00 price target on Tractor Supply and gave the company a “hold” rating in a report on Tuesday, June 16th. Wells Fargo & Company dropped their price target on shares of Tractor Supply from $55.00 to $47.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Evercore reduced their price objective on shares of Tractor Supply from $50.00 to $45.00 and set an “outperform” rating for the company in a research note on Tuesday, May 19th. Finally, Telsey Advisory Group decreased their price objective on shares of Tractor Supply from $63.00 to $52.00 and set an “outperform” rating for the company in a report on Wednesday, April 22nd. Fourteen equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. Based on data from MarketBeat.com, Tractor Supply presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.50.

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.