SG Americas Securities LLC Acquires 159,988 Shares of Tractor Supply Company $TSCO

SG Americas Securities LLC raised its holdings in Tractor Supply Company (NASDAQ:TSCO) by 37.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 592,313 shares of the specialty retailer’s stock after acquiring an additional 159,988 shares during the period. SG Americas Securities LLC’s holdings in Tractor Supply were worth $26,832,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of the business. Bison Wealth LLC lifted its stake in Tractor Supply by 356.1% in the fourth quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock valued at $341,000 after buying an additional 5,017 shares in the last quarter. Woodline Partners LP raised its holdings in shares of Tractor Supply by 40.7% during the first quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock worth $2,487,000 after acquiring an additional 13,051 shares during the period. Intech Investment Management LLC boosted its stake 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 purchasing an additional 5,542 shares during the period. Sei Investments Co. increased its holdings in Tractor Supply by 1.2% during the 2nd quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock worth $16,676,000 after purchasing an additional 3,631 shares in the last quarter. Finally, Glenview Trust co raised its stake in shares of Tractor Supply by 36.0% in the 2nd quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock valued at $1,036,000 after purchasing an additional 5,194 shares during the period. Institutional investors and hedge funds own 98.72% of the company’s stock.

Tractor Supply Price Performance

Shares of TSCO opened at $30.05 on Thursday. The company has a current ratio of 1.38, a quick ratio of 0.16 and a debt-to-equity ratio of 0.86. The company’s fifty day simple moving average is $33.11 and its 200 day simple moving average is $44.44. Tractor Supply Company has a 1-year low of $28.36 and a 1-year high of $63.99. The company has a market cap of $15.76 billion, a price-to-earnings ratio of 14.73, a PEG ratio of 2.25 and a beta of 0.47.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The firm had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.64 billion. During the same quarter in the prior year, the business earned $0.34 EPS. The business’s revenue 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. On average, research analysts forecast that Tractor Supply Company will post 2.11 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Wednesday, May 27th. Tractor Supply’s dividend payout ratio (DPR) is presently 47.06%.

Analyst Ratings Changes

Several research analysts have recently weighed in on TSCO shares. Argus reduced their price objective on Tractor Supply from $64.00 to $50.00 and set a “buy” rating for the company in a research report on Monday, April 27th. Robert W. Baird set a $60.00 target price on Tractor Supply and gave the company an “outperform” rating in a research note on Friday, April 17th. Telsey Advisory Group reduced their price target on Tractor Supply from $63.00 to $52.00 and set an “outperform” rating for the company in a research report on Wednesday, April 22nd. Mizuho decreased their price target on shares of Tractor Supply from $58.00 to $50.00 and set an “outperform” rating for the company in a research note on Wednesday, April 22nd. Finally, Gordon Haskett lifted their price objective on shares of Tractor Supply from $40.00 to $50.00 in a report on Friday, June 12th. Fourteen investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $45.50.

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.