Stephens Investment Management Group LLC Acquires 297,041 Shares of Tractor Supply Company $TSCO

Stephens Investment Management Group LLC lifted its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 27.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,362,940 shares of the specialty retailer’s stock after purchasing an additional 297,041 shares during the quarter. Stephens Investment Management Group LLC’s holdings in Tractor Supply were worth $68,161,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Swedbank AB lifted its holdings in Tractor Supply by 3.3% during the 4th quarter. Swedbank AB now owns 1,129,182 shares of the specialty retailer’s stock worth $56,470,000 after purchasing an additional 36,495 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Tractor Supply by 4.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,103,395 shares of the specialty retailer’s stock worth $56,086,000 after purchasing an additional 46,010 shares during the last quarter. Wellington Management Group LLP lifted its holdings in Tractor Supply by 1.6% during the 3rd quarter. Wellington Management Group LLP now owns 25,931,699 shares of the specialty retailer’s stock worth $1,474,736,000 after purchasing an additional 420,731 shares during the last quarter. Speece Thorson Capital Group Inc. lifted its holdings in Tractor Supply by 22.0% during the 4th quarter. Speece Thorson Capital Group Inc. now owns 307,359 shares of the specialty retailer’s stock worth $15,371,000 after purchasing an additional 55,493 shares during the last quarter. Finally, First National Bank of Omaha acquired a new stake in Tractor Supply during the 3rd quarter worth approximately $5,069,000. 98.72% of the stock is currently owned by institutional investors.

Tractor Supply Price Performance

Tractor Supply stock opened at $30.57 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. Tractor Supply Company has a 52 week low of $29.42 and a 52 week high of $63.99. The stock has a market capitalization of $16.03 billion, a P/E ratio of 14.99, a price-to-earnings-growth ratio of 1.76 and a beta of 0.51. The stock has a fifty day moving average of $42.00 and a 200-day moving average of $49.13.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 EPS for the quarter, missing analysts’ consensus estimates 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 period last year, the firm posted $0.34 EPS. Tractor Supply’s quarterly revenue was up 3.6% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. On average, sell-side analysts expect that Tractor Supply Company will post 2.14 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The firm 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 dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.1%. Tractor Supply’s payout ratio is 47.06%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. DA Davidson dropped their price target on Tractor Supply from $60.00 to $50.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Jefferies Financial Group reissued a “buy” rating and set a $51.00 price target on shares of Tractor Supply in a report on Tuesday, April 21st. JPMorgan Chase & Co. dropped their price target on Tractor Supply from $55.00 to $48.00 and set a “neutral” rating for the company in a report on Wednesday, April 22nd. Morgan Stanley dropped their price target on Tractor Supply from $57.00 to $45.00 and set an “equal weight” rating for the company in a report on Wednesday, April 22nd. Finally, Wolfe Research reissued an “outperform” rating and set a $57.00 price target on shares of Tractor Supply in a report on Friday, January 30th. Fourteen equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Tractor Supply currently has a consensus rating of “Moderate Buy” and an average price target of $47.38.

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.