Tractor Supply Company $TSCO Shares Acquired by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd grew its holdings in Tractor Supply Company (NASDAQ:TSCO) by 372.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 21,270 shares of the specialty retailer’s stock after buying an additional 16,765 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Tractor Supply were worth $1,064,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of TSCO. Goldman Sachs Group Inc. increased its stake in Tractor Supply by 6.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,121,526 shares of the specialty retailer’s stock valued at $156,108,000 after purchasing an additional 184,146 shares in the last quarter. Swedbank AB increased its stake 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 in the last quarter. Nomura Asset Management Co. Ltd. increased its stake in Tractor Supply by 44.2% in 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 in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Tractor Supply by 4.4% in 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 in the last quarter. Finally, Speece Thorson Capital Group Inc. increased its stake 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 valued at $15,371,000 after purchasing an additional 55,493 shares in the last quarter. 98.72% of the stock is owned by institutional investors and hedge funds.

Tractor Supply Stock Performance

Tractor Supply stock opened at $31.25 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.16 and a current ratio of 1.38. The stock has a fifty day moving average of $35.45 and a two-hundred day moving average of $45.85. The company has a market capitalization of $16.39 billion, a price-to-earnings ratio of 15.32, a PEG ratio of 2.34 and a beta of 0.47. Tractor Supply Company has a fifty-two week low of $28.36 and a fifty-two week high of $63.99.

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 for the quarter, compared to analysts’ expectations of $3.64 billion. Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The business’s quarterly revenue was up 3.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.34 EPS. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. On average, analysts anticipate that Tractor Supply Company will post 2.14 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders 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 annualized dividend and a yield of 3.1%. Tractor Supply’s dividend payout ratio (DPR) is presently 47.06%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TSCO. The Goldman Sachs Group dropped their price objective on Tractor Supply from $55.00 to $45.00 and set a “buy” rating for the company in a research note on Monday, June 8th. Barclays dropped their price objective on Tractor Supply from $51.00 to $44.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 22nd. JPMorgan Chase & Co. dropped their price objective on Tractor Supply from $55.00 to $48.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Daiwa Securities Group dropped their price objective on Tractor Supply from $52.00 to $41.00 and set a “neutral” rating for the company in a research note on Thursday, April 23rd. Finally, Gordon Haskett dropped their price objective on Tractor Supply from $50.00 to $40.00 and set a “hold” rating for the company in a research note on Wednesday, April 22nd. Fourteen investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $46.42.

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.