KBC Group NV Has $2.91 Million Position in Tractor Supply Company $TSCO

KBC Group NV lifted its position in shares of Tractor Supply Company (NASDAQ:TSCO) by 36.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,262 shares of the specialty retailer’s stock after acquiring an additional 17,062 shares during the period. KBC Group NV’s holdings in Tractor Supply were worth $2,911,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. JPL Wealth Management LLC acquired a new position in Tractor Supply during the third quarter valued at approximately $28,000. Garner Asset Management Corp acquired a new stake in shares of Tractor Supply in the 4th quarter valued at $25,000. Reflection Asset Management acquired a new stake in shares of Tractor Supply in the 4th quarter valued at $26,000. Core Wealth Advisors LLC bought a new position in shares of Tractor Supply in the 4th quarter valued at $27,000. Finally, Bayban bought a new position in shares of Tractor Supply in the 4th quarter valued at $28,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

More Tractor Supply News

Here are the key news stories impacting Tractor Supply this week:

• Positive Sentiment: Tractor Supply is expanding delivery options by launching Instacart same-day delivery from 2,400 stores, which could support convenience-driven sales and help offset softer in-store demand. Tractor Supply (TSCO) Launches Instacart Same Day Delivery From 2,400 Stores
• Neutral Sentiment: Analysts remain mixed after earnings, with Telsey Advisory Group trimming its price target to $38 while keeping an outperform rating, and Bank of America maintaining a hold rating with a $33 target. Telsey Advisory Group price target cut
• Neutral Sentiment: Tractor Supply reported second-quarter EPS of $0.81 and revenue of $4.54 billion, both slightly below expectations, while revenue still rose 2.3% year over year. Quarterly financial results
• Negative Sentiment: The company cut its full-year outlook, now guiding for EPS of $1.90 to $2.00 and revenue of $15.9 billion to $16.1 billion, below prior expectations, as it cited a tough May quarter and softer demand for discretionary and pet-related purchases. WSJ outlook cut article
• Negative Sentiment: Tractor Supply said it will close 75 Petsense stores, including six in Arkansas, signaling a restructuring of its pet business and pressure in that segment. Petsense store closure article

Analyst Ratings Changes

TSCO has been the subject of several recent analyst reports. Guggenheim set a $40.00 price objective on Tractor Supply and gave the stock a “buy” rating in a research report on Friday. Bank of America began coverage on Tractor Supply in a research report on Tuesday, April 7th. They issued a “neutral” rating and a $47.00 target price on the stock. Jefferies Financial Group reissued a “buy” rating and set a $51.00 target price on shares of Tractor Supply in a research note on Tuesday, April 21st. BNP Paribas Exane dropped their target price on shares of Tractor Supply from $58.00 to $45.00 and set an “outperform” rating for the company in a report on Wednesday, April 22nd. Finally, Stephens reduced their price target on shares of Tractor Supply from $53.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 22nd. Thirteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $39.65.

Tractor Supply Stock Up 2.3%

Shares of NASDAQ:TSCO opened at $31.02 on Friday. Tractor Supply Company has a 52-week low of $28.36 and a 52-week high of $62.89. The company has a market capitalization of $16.27 billion, a PE ratio of 16.16, a price-to-earnings-growth ratio of 6.94 and a beta of 0.46. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.16 and a current ratio of 1.33. The company has a fifty day moving average of $30.63 and a 200-day moving average of $41.24.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.01). The firm had revenue of $4.54 billion for the quarter, compared to analyst estimates of $4.58 billion. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The company’s revenue was up 2.3% compared to the same quarter last year. During the same period last year, the business earned $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. On average, equities analysts predict that Tractor Supply Company will post 1.97 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

The company 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. 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 dividend payout ratio (DPR) is presently 47.06%.

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.