Banque Cantonale Vaudoise Sells 42,000 Shares of Tractor Supply Company $TSCO

Banque Cantonale Vaudoise reduced its stake in Tractor Supply Company (NASDAQ:TSCO) by 62.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,918 shares of the specialty retailer’s stock after selling 42,000 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Tractor Supply were worth $1,129,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. JPL Wealth Management LLC bought a new stake in shares of Tractor Supply during the 3rd quarter worth $28,000. Garner Asset Management Corp purchased a new position in Tractor Supply in the fourth quarter worth $25,000. Reflection Asset Management bought a new position in Tractor Supply in the fourth quarter valued at $26,000. Core Wealth Advisors LLC purchased a new stake in Tractor Supply during the fourth quarter valued at about $27,000. Finally, Aventura Private Wealth LLC purchased a new stake in Tractor Supply during the fourth quarter valued at about $27,000. 98.72% of the stock is currently owned by institutional investors.

Tractor Supply Stock Performance

Shares of TSCO stock opened at $31.21 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.16 and a current ratio of 1.38. Tractor Supply Company has a fifty-two week low of $28.36 and a fifty-two week high of $63.99. The stock has a 50 day moving average price of $32.55 and a two-hundred day moving average price of $44.19. The company has a market capitalization of $16.37 billion, a P/E ratio of 15.30, a PEG ratio of 2.37 and a beta of 0.47.

Tractor Supply (NASDAQ:TSCO) last issued 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 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 business posted $0.34 EPS. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Analysts expect that Tractor Supply Company will post 2.11 earnings per share for the current year.

Tractor Supply Dividend Announcement

The company also recently disclosed 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. This represents a $0.96 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Wednesday, May 27th. Tractor Supply’s dividend payout ratio is 47.06%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. 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. Citigroup decreased their price objective on Tractor Supply from $55.00 to $46.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Wall Street Zen upgraded Tractor Supply from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Raymond James Financial cut their target price on Tractor Supply from $60.00 to $48.00 and set an “outperform” rating for the company in a research note on Wednesday, April 22nd. Finally, Zacks Research upgraded shares of Tractor Supply from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Fourteen analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Tractor Supply currently has an average rating of “Moderate Buy” and a consensus target price of $45.50.

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.