Fiera Capital Corp Acquires 28,975 Shares of Tractor Supply Company $TSCO

Fiera Capital Corp grew its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 18.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 182,484 shares of the specialty retailer’s stock after purchasing an additional 28,975 shares during the period. Fiera Capital Corp’s holdings in Tractor Supply were worth $9,126,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Swedbank AB increased its stake in Tractor Supply by 3.3% in the fourth quarter. Swedbank AB now owns 1,129,182 shares of the specialty retailer’s stock valued at $56,470,000 after purchasing an additional 36,495 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its stake in Tractor Supply by 44.2% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 727,125 shares of the specialty retailer’s stock valued at $36,364,000 after purchasing an additional 222,750 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Tractor Supply by 4.4% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,103,395 shares of the specialty retailer’s stock valued at $56,086,000 after purchasing an additional 46,010 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Tractor Supply by 6.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,121,526 shares of the specialty retailer’s stock valued at $156,108,000 after purchasing an additional 184,146 shares in the last quarter. Finally, Speece Thorson Capital Group Inc. increased its stake in Tractor Supply by 22.0% in the fourth quarter. Speece Thorson Capital Group Inc. now owns 307,359 shares of the specialty retailer’s stock valued at $15,371,000 after purchasing an additional 55,493 shares in the last quarter. Institutional investors own 98.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on TSCO. Barclays decreased their price target on shares of Tractor Supply from $51.00 to $44.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 22nd. Wall Street Zen upgraded shares of Tractor Supply from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Wells Fargo & Company reduced their price objective on shares of Tractor Supply from $55.00 to $47.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Loop Capital reduced their price objective on shares of Tractor Supply from $51.00 to $41.00 and set a “hold” rating for the company in a report on Wednesday, April 22nd. Finally, Evercore reduced their price objective on shares of Tractor Supply from $50.00 to $45.00 and set an “outperform” rating for the company in a report on Tuesday, May 19th. Fourteen equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Tractor Supply presently has an average rating of “Moderate Buy” and an average target price of $46.42.

Tractor Supply Stock Up 1.2%

Tractor Supply stock opened at $30.14 on Tuesday. 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 market cap of $15.81 billion, a PE ratio of 14.77, a price-to-earnings-growth ratio of 2.23 and a beta of 0.47. The firm’s 50-day simple moving average is $36.59 and its 200 day simple moving average is $46.42. 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 (NASDAQ:TSCO) last released its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share 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 for the quarter, compared to analysts’ expectations of $3.64 billion. During the same quarter last year, the firm posted $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. Research analysts predict that Tractor Supply Company will post 2.14 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th will be issued 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 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.