122,861 Shares in Tractor Supply Company $TSCO Bought by SummitTX Capital L.P.

SummitTX Capital L.P. acquired a new stake in Tractor Supply Company (NASDAQ:TSCO) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 122,861 shares of the specialty retailer’s stock, valued at approximately $5,566,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TSCO. Garner Asset Management Corp acquired a new position in Tractor Supply during the 4th quarter worth approximately $25,000. Reflection Asset Management acquired a new stake in Tractor Supply in the fourth quarter valued at approximately $26,000. Core Wealth Advisors LLC acquired a new stake in Tractor Supply in the fourth quarter valued at approximately $27,000. JPL Wealth Management LLC bought a new stake in shares of Tractor Supply during the third quarter worth $28,000. Finally, Bayban bought a new stake in shares of Tractor Supply during the fourth quarter worth $28,000. Institutional investors own 98.72% of the company’s stock.

Tractor Supply Price Performance

Shares of NASDAQ:TSCO opened at $31.80 on Tuesday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.23 and a current ratio of 1.33. Tractor Supply Company has a 52 week low of $28.36 and a 52 week high of $62.89. The firm has a market cap of $16.68 billion, a PE ratio of 16.56, a price-to-earnings-growth ratio of 7.01 and a beta of 0.46. The firm’s fifty day moving average is $30.63 and its 200-day moving average is $41.04.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share 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 business’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Sell-side analysts predict that Tractor Supply Company will post 1.99 earnings per share for the current year.

Tractor Supply Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th were paid a $0.24 dividend. 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 dividend payout ratio is presently 50.00%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on TSCO. Morgan Stanley reiterated a “negative” rating and issued a $35.00 price target on shares of Tractor Supply in a research note on Friday. Evercore restated an “outperform” rating and set a $40.00 price objective on shares of Tractor Supply in a research report on Tuesday, July 7th. Gordon Haskett upped their target price on Tractor Supply from $40.00 to $50.00 in a report on Friday, June 12th. The Goldman Sachs Group reissued a “buy” rating and set a $38.00 price target (down from $43.00) on shares of Tractor Supply in a research note on Friday. Finally, Mizuho set a $28.00 price target on Tractor Supply and gave the stock a “neutral” rating in a report on Friday. Thirteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $39.65.

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.