Candriam S.C.A. Sells 18,754 Shares of Tractor Supply Company $TSCO

Candriam S.C.A. decreased its stake in Tractor Supply Company (NASDAQ:TSCO) by 22.9% during the 1st quarter, HoldingsChannel.com reports. The fund owned 63,006 shares of the specialty retailer’s stock after selling 18,754 shares during the period. Candriam S.C.A.’s holdings in Tractor Supply were worth $2,854,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in TSCO. Bison Wealth LLC grew its stake in Tractor Supply by 356.1% during the fourth quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock valued at $341,000 after acquiring an additional 5,017 shares in the last quarter. Woodline Partners LP raised its stake in shares of Tractor Supply by 40.7% during the first quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock worth $2,487,000 after acquiring an additional 13,051 shares in the last quarter. Intech Investment Management LLC raised its position in Tractor Supply by 26.9% in the 1st quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock worth $1,442,000 after purchasing an additional 5,542 shares during the period. Sei Investments Co. lifted its stake in shares of Tractor Supply by 1.2% in the 2nd quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock valued at $16,676,000 after acquiring an additional 3,631 shares during the last quarter. Finally, Glenview Trust co boosted its stake in shares of Tractor Supply by 36.0% during the second quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock valued at $1,036,000 after purchasing an additional 5,194 shares during the period. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Tractor Supply Trading Up 1.0%

Tractor Supply stock opened at $30.55 on Wednesday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 0.16. The stock has a market cap of $16.02 billion, a P/E ratio of 14.98, a PEG ratio of 2.29 and a beta of 0.46. The firm’s 50 day moving average price is $30.72 and its 200-day moving average price is $42.32. Tractor Supply Company has a 1 year low of $28.36 and a 1 year high of $63.99.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share (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 firm had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $3.64 billion. During the same period last year, the company earned $0.34 earnings per share. The firm’s 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, equities analysts predict that Tractor Supply Company will post 2.11 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The business also recently announced 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. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Wednesday, May 27th. Tractor Supply’s payout ratio is currently 47.06%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Raymond James Financial dropped their price objective on Tractor Supply from $60.00 to $48.00 and set an “outperform” rating for the company in a report on Wednesday, April 22nd. Wells Fargo & Company dropped their price objective on shares of Tractor Supply from $55.00 to $47.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Robert W. Baird set a $60.00 target price on Tractor Supply and gave the stock an “outperform” rating in a research note on Friday, April 17th. Weiss Ratings cut shares of Tractor Supply from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 8th. Finally, Morgan Stanley reduced their price objective 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. Thirteen investment analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. Based on data from MarketBeat, Tractor Supply has an average rating of “Hold” and a consensus target price of $43.38.

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.