Clifford Swan Investment Counsel LLC Has $31.49 Million Holdings in Tractor Supply Company $TSCO

Clifford Swan Investment Counsel LLC lessened its stake in Tractor Supply Company (NASDAQ:TSCO) by 3.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 629,681 shares of the specialty retailer’s stock after selling 25,564 shares during the period. Tractor Supply accounts for 1.0% of Clifford Swan Investment Counsel LLC’s portfolio, making the stock its 28th largest holding. Clifford Swan Investment Counsel LLC’s holdings in Tractor Supply were worth $31,490,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Swedbank AB raised its position in Tractor Supply by 3.3% in 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. Nomura Asset Management Co. Ltd. raised its position in Tractor Supply by 44.2% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 727,125 shares of the specialty retailer’s stock worth $36,364,000 after purchasing an additional 222,750 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Tractor Supply by 4.4% in 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. Speece Thorson Capital Group Inc. raised its position in Tractor Supply by 22.0% in 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, Wellington Management Group LLP raised its position in Tractor Supply by 1.6% in 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. Institutional investors own 98.72% of the company’s stock.

Tractor Supply Price Performance

TSCO opened at $29.37 on Friday. 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 Company has a 12 month low of $28.36 and a 12 month high of $63.99. The company has a fifty day simple moving average of $37.23 and a 200 day simple moving average of $46.75. The stock has a market cap of $15.40 billion, a P/E ratio of 14.40, a P/E/G ratio of 2.18 and a beta of 0.47.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings data 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 net margin of 6.91% and a return on equity of 42.58%. The firm had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $3.64 billion. During the same quarter in the prior year, the company earned $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, research analysts expect that Tractor Supply Company will post 2.14 EPS for the current year.

Tractor Supply Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Wednesday, May 27th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.96 dividend on an annualized basis and a yield of 3.3%. Tractor Supply’s payout ratio is presently 47.06%.

Analyst Ratings Changes

Several research firms recently weighed in on TSCO. UBS Group dropped their price objective on shares of Tractor Supply from $55.00 to $44.00 and set a “neutral” rating for the company in a research report on Wednesday, April 22nd. Stephens dropped their price objective 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. Robert W. Baird set a $60.00 price objective on shares of Tractor Supply and gave the stock an “outperform” rating in a research report on Friday, April 17th. Truist Financial set a $44.00 price objective on shares of Tractor Supply and gave the stock a “hold” rating in a research report on Tuesday, April 21st. Finally, TD Cowen reiterated a “hold” rating and set a $38.00 target price (down from $53.00) on shares of Tractor Supply in a research report on Monday, April 27th. Fourteen 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 a consensus price target of $47.19.

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.