Stephens Investment Management Group LLC Boosts Holdings in Tractor Supply Company $TSCO

Stephens Investment Management Group LLC lifted its holdings in Tractor Supply Company (NASDAQ:TSCO) by 11.3% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 1,516,861 shares of the specialty retailer’s stock after acquiring an additional 153,921 shares during the quarter. Stephens Investment Management Group LLC owned 0.29% of Tractor Supply worth $68,714,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Garner Asset Management Corp purchased a new position in Tractor Supply in the 4th quarter worth $25,000. Reflection Asset Management purchased a new stake in Tractor Supply during the fourth quarter valued at about $26,000. Aventura Private Wealth LLC purchased a new stake in Tractor Supply during the fourth quarter valued at about $27,000. Core Wealth Advisors LLC purchased a new stake in Tractor Supply during the fourth quarter valued at about $27,000. Finally, Bayban bought a new position in shares of Tractor Supply during the fourth quarter valued at about $28,000. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on TSCO. Weiss Ratings downgraded Tractor Supply from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 8th. BNP Paribas Exane reduced their price target on Tractor Supply from $58.00 to $45.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 22nd. Robert W. Baird set a $60.00 price target on Tractor Supply and gave the stock an “outperform” rating in a research note on Friday, April 17th. Evercore lowered their price objective on Tractor Supply from $50.00 to $45.00 and set an “outperform” rating for the company in a research report on Tuesday, May 19th. Finally, JPMorgan Chase & Co. dropped their price objective on Tractor Supply from $55.00 to $48.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Fourteen analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $45.50.

Tractor Supply Stock Performance

Shares of NASDAQ:TSCO opened at $31.76 on Friday. The company has a current ratio of 1.38, a quick ratio of 0.16 and a debt-to-equity ratio of 0.86. The company has a 50-day moving average price of $31.46 and a 200-day moving average price of $43.46. The company has a market cap of $16.66 billion, a price-to-earnings ratio of 15.57, a price-to-earnings-growth ratio of 2.41 and a beta of 0.46. Tractor Supply Company has a 12 month low of $28.36 and a 12 month high of $63.99.

Tractor Supply (NASDAQ:TSCO) last posted its earnings results 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 business had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $3.64 billion. During the same period in the previous year, the business earned $0.34 earnings per share. The firm’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. As a group, equities analysts anticipate that Tractor Supply Company will post 2.11 EPS for the current year.

Tractor Supply Announces Dividend

The firm 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. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $0.96 annualized dividend and a dividend yield of 3.0%. Tractor Supply’s payout ratio is 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.