TimesSquare Capital Management LLC Raises Stock Position in Tractor Supply Company $TSCO

TimesSquare Capital Management LLC increased its stake in Tractor Supply Company (NASDAQ:TSCO) by 17.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,509,725 shares of the specialty retailer’s stock after purchasing an additional 226,575 shares during the quarter. Tractor Supply accounts for 1.1% of TimesSquare Capital Management LLC’s portfolio, making the stock its 29th largest position. TimesSquare Capital Management LLC owned about 0.29% of Tractor Supply worth $75,501,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPL Wealth Management LLC purchased a new position in shares of Tractor Supply during the 3rd quarter worth $28,000. Garner Asset Management Corp purchased a new position in shares of Tractor Supply during the 4th quarter worth $25,000. Aventura Private Wealth LLC purchased a new position in shares of Tractor Supply during the 4th quarter worth $27,000. Valley Wealth Managers Inc. purchased a new position in shares of Tractor Supply during the 4th quarter worth $32,000. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of Tractor Supply during the 4th quarter worth $35,000. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on TSCO. Daiwa Securities Group dropped their price target on shares of Tractor Supply from $52.00 to $41.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. TD Cowen reiterated a “hold” rating and set a $38.00 price target (down from $53.00) on shares of Tractor Supply in a research note on Monday, April 27th. Loop Capital dropped their price target on shares of Tractor Supply from $51.00 to $41.00 and set a “hold” rating on the stock in a research note on Wednesday, April 22nd. Barclays dropped their price target on shares of Tractor Supply from $51.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 22nd. Finally, Wolfe Research reiterated an “outperform” rating and set a $57.00 price target on shares of Tractor Supply in a research note on Friday, January 30th. Fourteen analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. Based on data from MarketBeat, Tractor Supply currently has an average rating of “Moderate Buy” and an average target price of $47.38.

Tractor Supply Stock Up 3.8%

Shares of TSCO stock opened at $31.72 on Tuesday. The company has a market capitalization of $16.64 billion, a price-to-earnings ratio of 15.55, a PEG ratio of 1.76 and a beta of 0.51. Tractor Supply Company has a one year low of $29.42 and a one year high of $63.99. The company’s fifty day moving average price is $41.62 and its 200-day moving average price is $48.91. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 0.16.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.04). The firm had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $3.64 billion. Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Sell-side analysts expect that Tractor Supply Company will post 2.14 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Wednesday, May 27th. Tractor Supply’s dividend payout ratio (DPR) is presently 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.