Quantinno Capital Management LP Sells 107,990 Shares of Tractor Supply Company $TSCO

Quantinno Capital Management LP lowered its holdings in Tractor Supply Company (NASDAQ:TSCO) by 20.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 426,446 shares of the specialty retailer’s stock after selling 107,990 shares during the period. Quantinno Capital Management LP’s holdings in Tractor Supply were worth $19,318,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Advyzon Investment Management LLC boosted its stake in shares of Tractor Supply by 4.3% during the 4th quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer’s stock worth $223,000 after buying an additional 183 shares during the last quarter. Field & Main Bank increased its position in shares of Tractor Supply by 1.1% in the fourth quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock valued at $942,000 after acquiring an additional 200 shares during the last quarter. Oak Thistle LLC increased its position in shares of Tractor Supply by 0.9% in the fourth quarter. Oak Thistle LLC now owns 24,911 shares of the specialty retailer’s stock valued at $1,246,000 after acquiring an additional 215 shares during the last quarter. Geneos Wealth Management Inc. increased its position in shares of Tractor Supply by 22.7% in the second quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer’s stock valued at $63,000 after acquiring an additional 220 shares during the last quarter. Finally, Aptus Capital Advisors LLC raised its holdings in Tractor Supply by 0.4% during the fourth quarter. Aptus Capital Advisors LLC now owns 56,698 shares of the specialty retailer’s stock worth $2,835,000 after acquiring an additional 222 shares in the last quarter. 98.72% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Wolfe Research set a $34.00 price target on Tractor Supply in a research report on Thursday, July 16th. Zacks Research lowered Tractor Supply from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. Bank of America began coverage on Tractor Supply in a report on Tuesday, April 7th. They issued a “neutral” rating and a $47.00 price objective for the company. Truist Financial set a $32.00 target price on shares of Tractor Supply and gave the company a “hold” rating in a research note on Tuesday, June 16th. Finally, DA Davidson dropped their price target on shares of Tractor Supply from $50.00 to $40.00 and set a “buy” rating on the stock in a research report on Monday, June 22nd. Thirteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Tractor Supply currently has an average rating of “Hold” and a consensus target price of $39.31.

Tractor Supply Stock Performance

NASDAQ TSCO opened at $30.77 on Friday. The stock has a market cap of $16.14 billion, a PE ratio of 16.03, a P/E/G ratio of 10.01 and a beta of 0.46. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.23 and a current ratio of 1.33. The firm has a 50-day moving average of $30.58 and a 200-day moving average of $40.55. Tractor Supply Company has a 52-week low of $28.36 and a 52-week high of $62.89.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). The company had revenue of $4.54 billion during 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 firm’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the company posted $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. On average, sell-side analysts anticipate that Tractor Supply Company will post 1.93 EPS for the current year.

Tractor Supply Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th were issued 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 was Wednesday, May 27th. Tractor Supply’s payout ratio is currently 50.00%.

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.