Tractor Supply Company $TSCO Stock Holdings Raised by Palisade Asset Management LLC

Palisade Asset Management LLC increased its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 12.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 216,241 shares of the specialty retailer’s stock after purchasing an additional 23,293 shares during the quarter. Palisade Asset Management LLC’s holdings in Tractor Supply were worth $6,766,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in TSCO. Parallel Advisors LLC raised its holdings in Tractor Supply by 0.6% in the third quarter. Parallel Advisors LLC now owns 55,171 shares of the specialty retailer’s stock worth $1,726,000 after purchasing an additional 348 shares in the last quarter. Guidance Capital Inc. boosted its holdings in shares of Tractor Supply by 6.2% in the 3rd quarter. Guidance Capital Inc. now owns 27,239 shares of the specialty retailer’s stock valued at $852,000 after buying an additional 1,583 shares in the last quarter. Boston Trust Walden Corp bought a new stake in shares of Tractor Supply in the 3rd quarter valued at about $38,172,000. Chicago Partners Investment Group LLC grew its position in shares of Tractor Supply by 17.4% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 10,233 shares of the specialty retailer’s stock worth $342,000 after buying an additional 1,513 shares during the last quarter. Finally, Provenance Wealth Advisors LLC grew its position in shares of Tractor Supply by 85.3% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 1,158 shares of the specialty retailer’s stock worth $36,000 after buying an additional 533 shares during the last quarter. Institutional investors own 98.72% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on TSCO. JPMorgan Chase & Co. boosted their price objective on shares of Tractor Supply from $35.00 to $38.00 and gave the stock a “neutral” rating in a research note on Friday, October 23rd. Wolfe Research set a $34.00 target price on shares of Tractor Supply in a research note on Thursday, July 16th. Barclays set a $35.00 price target on shares of Tractor Supply and gave the stock an “equal weight” rating in a report on Monday, July 13th. Robert W. Baird upped their price target on Tractor Supply from $38.00 to $40.00 and gave the stock an “outperform” rating in a research report on Friday, October 23rd. Finally, Truist Financial set a $33.00 price objective on Tractor Supply and gave the company a “hold” rating in a report on Monday, October 19th. Thirteen equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $38.62.

Tractor Supply Stock Performance

TSCO opened at $36.35 on Friday. Tractor Supply Company has a 52-week low of $28.36 and a 52-week high of $56.94. The company has a quick ratio of 0.20, a current ratio of 1.38 and a debt-to-equity ratio of 0.86. The company has a market cap of $19.06 billion, a P/E ratio of 19.54, a price-to-earnings-growth ratio of 2.81 and a beta of 0.49. The firm’s 50-day moving average price is $33.37 and its 200-day moving average price is $37.90.

Tractor Supply (NASDAQ:TSCO) last released its earnings results on Thursday, October 22nd. The specialty retailer reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.02. The company had revenue of $3.91 billion during the quarter, compared to analysts’ expectations of $3.82 billion. Tractor Supply had a net margin of 6.13% and a return on equity of 40.05%. Tractor Supply’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period last year, the business earned $0.49 EPS. As a group, equities analysts anticipate that Tractor Supply Company will post 1.95 EPS for the current fiscal year.

Tractor Supply Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 8th. Shareholders of record on Monday, November 23rd will be issued a $0.24 dividend. The ex-dividend date of this dividend is Monday, November 23rd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.6%. Tractor Supply’s dividend payout ratio (DPR) is currently 51.61%.

Key Tractor Supply News

Here are the key news stories impacting Tractor Supply this week:

• Positive Sentiment: The board declared a quarterly dividend of $0.24 per share, or $0.96 annualized, with a roughly 2.6%–2.7% yield. Shareholders of record November 23 are scheduled to be paid December 8. Dividend announcement
• Neutral Sentiment: Zacks raised some estimates, including FY2026 EPS to $1.95 from $1.93 and FY2028 third-quarter EPS to $0.55 from $0.52, but kept its Hold rating.
• Negative Sentiment: Several other estimates were reduced, including FY2027 EPS to $2.05 from $2.09 and FY2028 EPS to $2.31 from $2.45. Forecasts for Q2 2027 and Q1 2028 were also cut, signaling a more cautious outlook on earnings growth.

About Tractor Supply