Banque Cantonale Vaudoise Acquires 19,986 Shares of Tractor Supply Company $TSCO

Banque Cantonale Vaudoise increased its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 42.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 66,918 shares of the specialty retailer’s stock after purchasing an additional 19,986 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Tractor Supply were worth $3,346,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of TSCO. Victory Capital Management Inc. raised its stake in shares of Tractor Supply by 719.1% during the third quarter. Victory Capital Management Inc. now owns 4,508,661 shares of the specialty retailer’s stock worth $256,408,000 after buying an additional 3,958,205 shares during the last quarter. Select Equity Group L.P. raised its stake in shares of Tractor Supply by 41.9% during the second quarter. Select Equity Group L.P. now owns 12,713,409 shares of the specialty retailer’s stock worth $670,887,000 after buying an additional 3,753,414 shares during the last quarter. APG Asset Management N.V. raised its stake in shares of Tractor Supply by 505.1% during the third quarter. APG Asset Management N.V. now owns 4,329,556 shares of the specialty retailer’s stock worth $246,222,000 after buying an additional 3,614,097 shares during the last quarter. Holocene Advisors LP raised its stake in shares of Tractor Supply by 771.0% during the third quarter. Holocene Advisors LP now owns 2,421,674 shares of the specialty retailer’s stock worth $137,721,000 after buying an additional 2,143,627 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA increased its stake in Tractor Supply by 166.1% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,224,774 shares of the specialty retailer’s stock valued at $111,261,000 after purchasing an additional 1,388,762 shares in the last quarter. 98.72% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Wall Street Zen raised shares of Tractor Supply from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $51.00 target price on shares of Tractor Supply in a research note on Tuesday, April 21st. TD Cowen reaffirmed a “hold” rating and issued a $38.00 target price (down from $53.00) on shares of Tractor Supply in a research note on Monday, April 27th. Mizuho lowered their target price on shares of Tractor Supply from $58.00 to $50.00 and set an “outperform” rating for the company in a research note on Wednesday, April 22nd. Finally, Truist Financial set a $44.00 target price on shares of Tractor Supply and gave the company a “hold” rating in a research note on Tuesday, April 21st. Fourteen research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $47.19.

Tractor Supply Stock Up 1.8%

Tractor Supply stock opened at $31.69 on Thursday. The stock has a market capitalization of $16.62 billion, a PE ratio of 15.53, a price-to-earnings-growth ratio of 1.79 and a beta of 0.51. Tractor Supply Company has a twelve month low of $29.42 and a twelve month high of $63.99. The company has a quick ratio of 0.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.86. The company has a 50 day moving average of $40.86 and a 200-day moving average of $48.59.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing the consensus estimate 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 firm’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.34 EPS. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. On average, 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 declared 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 3.0%. The ex-dividend date is Wednesday, May 27th. Tractor Supply’s dividend payout ratio is 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.