Simplicity Wealth LLC Trims Holdings in Tractor Supply Company $TSCO

Simplicity Wealth LLC reduced its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 64.3% in the third quarter, Holdings Channel reports. The firm owned 15,014 shares of the specialty retailer’s stock after selling 26,994 shares during the period. Simplicity Wealth LLC’s holdings in Tractor Supply were worth $854,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in TSCO. Delos Wealth Advisors LLC purchased a new position in Tractor Supply during the 2nd quarter worth $26,000. Financial Gravity Companies Inc. bought a new position in shares of Tractor Supply during the 2nd quarter worth $38,000. Clayton Financial Group LLC bought a new position in shares of Tractor Supply during the 3rd quarter worth $44,000. First Horizon Corp purchased a new position in shares of Tractor Supply during the third quarter valued at $44,000. Finally, Evelyn Partners Asset Management Ltd bought a new stake in shares of Tractor Supply in the second quarter valued at about $46,000. 98.72% of the stock is currently owned by institutional investors.

Tractor Supply Price Performance

NASDAQ TSCO opened at $54.69 on Friday. The firm’s fifty day simple moving average is $52.24 and its two-hundred day simple moving average is $55.81. The company has a current ratio of 1.30, a quick ratio of 0.14 and a debt-to-equity ratio of 0.69. Tractor Supply Company has a 12-month low of $46.85 and a 12-month high of $63.99. The firm has a market capitalization of $28.90 billion, a P/E ratio of 26.29, a P/E/G ratio of 2.50 and a beta of 0.74.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings data on Thursday, October 23rd. The specialty retailer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.48 by $0.01. The firm had revenue of $3.72 billion during the quarter, compared to analyst estimates of $3.72 billion. Tractor Supply had a return on equity of 46.18% and a net margin of 7.18%.The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.45 EPS. Analysts forecast that Tractor Supply Company will post 2.17 EPS for the current fiscal year.

Tractor Supply Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Shareholders of record on Monday, November 24th were paid a $0.23 dividend. The ex-dividend date was Monday, November 24th. This represents a $0.92 dividend on an annualized basis and a yield of 1.7%. Tractor Supply’s dividend payout ratio (DPR) is 44.23%.

Analysts Set New Price Targets

Several research analysts have issued reports on TSCO shares. Citigroup reiterated a “buy” rating and set a $61.00 target price (down from $66.00) on shares of Tractor Supply in a report on Friday, January 16th. Stephens set a $53.00 price target on shares of Tractor Supply and gave the stock an “equal weight” rating in a research report on Thursday. TD Cowen cut their price objective on shares of Tractor Supply from $62.00 to $55.00 and set a “hold” rating on the stock in a report on Tuesday. Telsey Advisory Group restated an “outperform” rating and set a $70.00 target price on shares of Tractor Supply in a report on Friday. Finally, Guggenheim reiterated a “buy” rating and issued a $65.00 price target on shares of Tractor Supply in a report on Thursday. Fourteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $62.81.

Key Stories Impacting Tractor Supply

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

• Positive Sentiment: Telsey Advisory Group reaffirmed an “outperform” rating and set a $70 price target (roughly +28% upside vs. current levels), providing a strong analyst endorsement that can support buying interest. Telsey Advisory Group reaffirmation
• Positive Sentiment: Guggenheim reaffirmed a “buy” rating with a $65 target, another upbeat analyst signal that may help sustain the rally. Guggenheim rating
• Positive Sentiment: Local and national reports show Tractor Supply store traffic surged ahead of a major winter storm, implying a near-term boost to C.U.E. (cold-weather, urgent essentials) sales and inventories. This weather-driven demand is a tangible short-term revenue upside. Tractor Supply traffic soars ahead of massive winter storm
• Positive Sentiment: Tractor Supply proposed a new store in Plymouth Township, showing continued footprint expansion that supports longer-term comps and revenue growth. Tractor Supply plans new Plymouth Township location
• Positive Sentiment: Zacks preview argues TSCO heads into Q4 with expected revenue and EPS growth (helped by C.U.E. demand, winter weather upside and loyalty-driven traffic), and suggests accumulation ahead of earnings. That view can encourage buyers before the print. Tractor Supply Q4 Earnings on the Horizon: Time to Accumulate Shares?
• Neutral Sentiment: Zacks also published an expectations piece noting Wall Street expects earnings growth next week but says TSCO may lack the ideal setup for a clear beat — useful positioning information but not a single directional catalyst. Tractor Supply (TSCO) Reports Next Week: Wall Street Expects Earnings Growth
• Negative Sentiment: Seeking Alpha argues that while the business is better than expected, the current valuation makes TSCO less attractive — a view that can cap upside and encourage profit-taking. Tractor Supply: A Better Business Than I Expected, But Not At This Price
• Negative Sentiment: TD Cowen issued a pessimistic forecast for TSCO, highlighting downside risk that may weigh on sentiment if negative headlines or a soft earnings print appear. TD Cowen Issues Pessimistic Forecast for Tractor Supply (NASDAQ:TSCO) Stock Price

Tractor Supply Profile

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.