Natixis Advisors LLC Cuts Stock Position in Tractor Supply Company $TSCO

Natixis Advisors LLC lessened its stake in Tractor Supply Company (NASDAQ:TSCO) by 8.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 335,608 shares of the specialty retailer’s stock after selling 30,295 shares during the period. Natixis Advisors LLC owned 0.06% of Tractor Supply worth $16,784,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Nomura Asset Management Co. Ltd. grew its stake in Tractor Supply by 44.2% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 727,125 shares of the specialty retailer’s stock valued at $36,364,000 after purchasing an additional 222,750 shares during the last quarter. Essex Financial Services Inc. purchased a new position in Tractor Supply in the fourth quarter valued at about $233,000. Core Wealth Advisors LLC acquired a new stake in Tractor Supply in the fourth quarter worth about $27,000. MUFG Securities EMEA plc boosted its holdings in Tractor Supply by 113.5% in the fourth quarter. MUFG Securities EMEA plc now owns 21,662 shares of the specialty retailer’s stock worth $1,083,000 after acquiring an additional 11,518 shares in the last quarter. Finally, Welch & Forbes LLC boosted its holdings in Tractor Supply by 0.8% in the fourth quarter. Welch & Forbes LLC now owns 487,847 shares of the specialty retailer’s stock worth $24,397,000 after acquiring an additional 4,088 shares in the last quarter. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Tractor Supply Trading Up 1.4%

Tractor Supply stock opened at $29.78 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 52 week low of $28.36 and a 52 week high of $63.99. The company has a market capitalization of $15.62 billion, a price-to-earnings ratio of 14.60, a price-to-earnings-growth ratio of 2.20 and a beta of 0.47. The stock has a 50-day moving average price of $36.90 and a 200 day moving average price of $46.63.

Tractor Supply (NASDAQ:TSCO) last released its 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 firm 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 earned $0.34 EPS. The company’s revenue for the quarter was up 3.6% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Sell-side analysts anticipate that Tractor Supply Company will post 2.14 EPS for the current year.

Tractor Supply Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 9th. Investors 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 3.2%. Tractor Supply’s payout ratio is 47.06%.

Analysts Set New Price Targets

Several brokerages have weighed in on TSCO. 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 target for the company. Piper Sandler downgraded Tractor Supply from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $51.00 to $36.00 in a report on Tuesday, May 5th. Argus lowered their price target on Tractor Supply from $64.00 to $50.00 and set a “buy” rating for the company in a report on Monday, April 27th. Morgan Stanley lowered 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, Guggenheim reissued a “buy” rating and issued a $50.00 price target (down from $60.00) on shares of Tractor Supply in a report on Friday. Fourteen analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat, Tractor Supply has an average rating of “Moderate Buy” and an average price target of $46.81.

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.