Tractor Supply Company $TSCO Stock Position Lowered by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich lessened its position in Tractor Supply Company (NASDAQ:TSCO) by 21.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 74,289 shares of the specialty retailer’s stock after selling 19,841 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in Tractor Supply were worth $3,738,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Garner Asset Management Corp bought a new stake in shares of Tractor Supply in the 4th quarter worth $25,000. Aventura Private Wealth LLC bought a new stake in shares of Tractor Supply in the 4th quarter worth $27,000. JPL Wealth Management LLC bought a new stake in shares of Tractor Supply in the 3rd quarter worth $28,000. Valley Wealth Managers Inc. bought a new stake in shares of Tractor Supply in the 4th quarter worth $32,000. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of Tractor Supply in the 4th quarter worth $35,000. Institutional investors own 98.72% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on TSCO. Telsey Advisory Group cut their target price on Tractor Supply from $63.00 to $52.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 22nd. The Goldman Sachs Group cut their target price on Tractor Supply from $59.00 to $55.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. Wells Fargo & Company cut their target price on Tractor Supply from $55.00 to $47.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Jefferies Financial Group reaffirmed a “buy” rating and set a $51.00 target price on shares of Tractor Supply in a research report on Tuesday, April 21st. Finally, Morgan Stanley cut their target price on Tractor Supply from $57.00 to $45.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 22nd. Fourteen analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $47.38.

Tractor Supply Stock Up 0.3%

Shares of Tractor Supply stock opened at $30.57 on Friday. The stock’s fifty day moving average is $42.00 and its 200-day moving average is $49.13. The firm has a market capitalization of $16.03 billion, a PE ratio of 14.99, a price-to-earnings-growth ratio of 1.75 and a beta of 0.51. 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 12-month low of $29.42 and a 12-month high of $63.99.

Tractor Supply (NASDAQ:TSCO) last posted 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 business had revenue of $3.59 billion for 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% on a year-over-year basis. During the same period in the previous year, the firm posted $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Equities analysts anticipate that Tractor Supply Company will post 2.14 earnings per share for the current year.

Tractor Supply Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Wednesday, May 27th. Tractor Supply’s payout ratio is presently 47.06%.

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.