Tractor Supply Company $TSCO Shares Purchased by King Luther Capital Management Corp

King Luther Capital Management Corp boosted its position in Tractor Supply Company (NASDAQ:TSCO) by 1.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,387,723 shares of the specialty retailer’s stock after buying an additional 36,778 shares during the quarter. King Luther Capital Management Corp’s holdings in Tractor Supply were worth $119,410,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in TSCO. Bison Wealth LLC lifted its holdings in Tractor Supply by 356.1% in the 4th quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock worth $341,000 after buying an additional 5,017 shares in the last quarter. Woodline Partners LP lifted its holdings in Tractor Supply by 40.7% in the 1st quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock worth $2,487,000 after buying an additional 13,051 shares in the last quarter. Intech Investment Management LLC lifted its holdings in Tractor Supply by 26.9% in the 1st quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock worth $1,442,000 after buying an additional 5,542 shares in the last quarter. Sei Investments Co. lifted its holdings in Tractor Supply by 1.2% in the 2nd quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock worth $16,676,000 after buying an additional 3,631 shares in the last quarter. Finally, Glenview Trust co lifted its holdings in Tractor Supply by 36.0% in the 2nd quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock worth $1,036,000 after buying an additional 5,194 shares in the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

Analyst Upgrades and Downgrades

TSCO has been the topic of a number of recent analyst reports. Bank of America initiated coverage on shares of Tractor Supply in a report on Tuesday, April 7th. They issued a “neutral” rating and a $47.00 price objective on the stock. Daiwa Securities Group cut their price objective on shares of Tractor Supply from $52.00 to $41.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. Zacks Research upgraded shares of Tractor Supply from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. The Goldman Sachs Group cut their target price on shares of Tractor Supply from $59.00 to $55.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Finally, UBS Group cut their target price on shares of Tractor Supply from $55.00 to $44.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 22nd. Fourteen research 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.19.

Tractor Supply Stock Performance

Shares of Tractor Supply stock opened at $29.80 on Wednesday. The firm has a market cap of $15.63 billion, a PE ratio of 14.61, a price-to-earnings-growth ratio of 2.36 and a beta of 0.51. The firm’s 50-day simple moving average is $39.46 and its 200-day simple moving average is $47.97. 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 1 year low of $29.42 and a 1 year high of $63.99.

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 analysts’ consensus estimates of $0.35 by ($0.04). The company had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.64 billion. Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.34 EPS. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Equities analysts forecast that Tractor Supply Company will post 2.14 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th will be paid a dividend of $0.24 per share. The ex-dividend date is Wednesday, May 27th. This represents a $0.96 annualized dividend and a yield of 3.2%. Tractor Supply’s dividend 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.