Tractor Supply Company $TSCO Stock: Palisade Asset Management LLC Boosts Position

Palisade Asset Management LLC grew its position in Tractor Supply Company (NASDAQ:TSCO) by 12.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 216,241 shares of the specialty retailer’s stock after purchasing an additional 23,293 shares during the period. Palisade Asset Management LLC’s holdings in Tractor Supply were worth $6,766,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Kesler Norman & Wride LLC lifted its holdings in shares of Tractor Supply by 1.7% during the first quarter. Kesler Norman & Wride LLC now owns 19,771 shares of the specialty retailer’s stock worth $896,000 after purchasing an additional 328 shares during the period. Parallel Advisors LLC increased its holdings in Tractor Supply by 0.6% in the 3rd quarter. Parallel Advisors LLC now owns 55,171 shares of the specialty retailer’s stock worth $1,726,000 after buying an additional 348 shares during the period. Checchi Capital Advisers LLC increased its holdings in Tractor Supply by 6.2% in the 1st quarter. Checchi Capital Advisers LLC now owns 6,172 shares of the specialty retailer’s stock worth $280,000 after buying an additional 362 shares during the period. Community Financial Services Group LLC raised its position in Tractor Supply by 44.0% during the 3rd quarter. Community Financial Services Group LLC now owns 1,202 shares of the specialty retailer’s stock worth $38,000 after buying an additional 367 shares during the last quarter. Finally, J. Safra Sarasin Holding AG raised its position in Tractor Supply by 5.5% during the 1st quarter. J. Safra Sarasin Holding AG now owns 7,605 shares of the specialty retailer’s stock worth $344,000 after buying an additional 396 shares during the last quarter. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Tractor Supply Trading Down 0.7%

Shares of NASDAQ:TSCO opened at $36.35 on Friday. Tractor Supply Company has a 12-month low of $28.36 and a 12-month high of $56.94. The company has a market capitalization of $19.06 billion, a PE ratio of 19.54, a PEG ratio of 2.81 and a beta of 0.49. The business has a 50 day moving average of $33.37 and a two-hundred day moving average of $37.90. The company has a current ratio of 1.38, a quick ratio of 0.20 and a debt-to-equity ratio of 0.86.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings data on Thursday, October 22nd. The specialty retailer reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.02. The business had revenue of $3.91 billion for the quarter, compared to analysts’ expectations of $3.82 billion. Tractor Supply had a net margin of 6.13% and a return on equity of 40.05%. The business’s revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the company earned $0.49 EPS. As a group, analysts forecast that Tractor Supply Company will post 1.95 EPS for the current year.

Tractor Supply Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 8th. Investors of record on Monday, November 23rd will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Monday, November 23rd. This represents a $0.96 dividend on an annualized basis and a yield of 2.6%. Tractor Supply’s dividend payout ratio is 51.61%.

Tractor Supply News Roundup

Here are the key news stories impacting Tractor Supply this week:

• Positive Sentiment: The board declared a quarterly dividend of $0.24 per share, or $0.96 annualized, with a roughly 2.6%–2.7% yield. Shareholders of record November 23 are scheduled to be paid December 8. Dividend announcement
• Neutral Sentiment: Zacks raised some estimates, including FY2026 EPS to $1.95 from $1.93 and FY2028 third-quarter EPS to $0.55 from $0.52, but kept its Hold rating.
• Negative Sentiment: Several other estimates were reduced, including FY2027 EPS to $2.05 from $2.09 and FY2028 EPS to $2.31 from $2.45. Forecasts for Q2 2027 and Q1 2028 were also cut, signaling a more cautious outlook on earnings growth.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Wall Street Zen upgraded shares of Tractor Supply from a “sell” rating to a “hold” rating in a research note on Saturday, October 31st. Morgan Stanley reiterated a “negative” rating and issued a $35.00 price objective on shares of Tractor Supply in a research note on Friday, July 24th. Barclays set a $35.00 target price on shares of Tractor Supply and gave the stock an “equal weight” rating in a report on Monday, July 13th. Raymond James Financial decreased their target price on shares of Tractor Supply from $48.00 to $40.00 and set an “outperform” rating for the company in a research report on Friday, July 17th. Finally, Guggenheim set a $40.00 price target on shares of Tractor Supply and gave the company a “buy” rating in a report on Friday, July 24th. Thirteen equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Tractor Supply has an average rating of “Hold” and an average target price of $38.62.

Tractor Supply Company Profile