Landscape Capital Management L.L.C. boosted its stake in Tractor Supply Company (NASDAQ:TSCO – Free Report) by 156.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 132,644 shares of the specialty retailer’s stock after buying an additional 80,833 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Tractor Supply were worth $6,634,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Garner Asset Management Corp purchased a new stake in Tractor Supply in the 4th quarter worth approximately $25,000. Aventura Private Wealth LLC purchased a new stake in Tractor Supply in the 4th quarter worth approximately $27,000. Core Wealth Advisors LLC purchased a new stake in Tractor Supply in the 4th quarter worth approximately $27,000. JPL Wealth Management LLC purchased a new stake in Tractor Supply in the 3rd quarter worth approximately $28,000. Finally, Valley Wealth Managers Inc. purchased a new stake in Tractor Supply in the 4th quarter worth approximately $32,000. Hedge funds and other institutional investors own 98.72% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on TSCO. Morgan Stanley cut their target price on shares of Tractor Supply from $57.00 to $45.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 22nd. Weiss Ratings downgraded shares of Tractor Supply from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 8th. Stephens cut their target price on shares of Tractor Supply from $53.00 to $43.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 22nd. Telsey Advisory Group cut their target price on shares of Tractor Supply from $63.00 to $52.00 and set an “outperform” rating for the company in a research report on Wednesday, April 22nd. Finally, Evercore cut their target price on shares of Tractor Supply from $50.00 to $45.00 and set an “outperform” rating for the company in a research report on Tuesday, May 19th. Fourteen equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.81.
Tractor Supply Stock Performance
Shares of TSCO opened at $31.25 on Friday. The company’s fifty day moving average is $35.45 and its 200-day moving average is $45.85. Tractor Supply Company has a 12 month low of $28.36 and a 12 month high of $63.99. The firm has a market cap of $16.39 billion, a price-to-earnings ratio of 15.32, a price-to-earnings-growth ratio of 2.34 and a beta of 0.47. 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 (NASDAQ:TSCO – Get Free Report) last announced 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 for the quarter, compared to analyst estimates of $3.64 billion. During the same quarter last year, the company earned $0.34 EPS. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Equities analysts expect that Tractor Supply Company will post 2.14 EPS for the current fiscal year.
Tractor Supply Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th were paid a dividend of $0.24 per share. The ex-dividend date was Wednesday, May 27th. This represents a $0.96 annualized dividend and a dividend yield of 3.1%. Tractor Supply’s dividend payout ratio is 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.
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