Keybank National Association OH Sells 71,060 Shares of Tractor Supply Company $TSCO

Keybank National Association OH decreased its position in Tractor Supply Company (NASDAQ:TSCO) by 15.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 401,553 shares of the specialty retailer’s stock after selling 71,060 shares during the period. Keybank National Association OH’s holdings in Tractor Supply were worth $20,082,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in TSCO. Bison Wealth LLC grew its holdings in shares of Tractor Supply by 356.1% in the fourth quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock worth $341,000 after purchasing an additional 5,017 shares during the last quarter. Woodline Partners LP grew its holdings in shares of Tractor Supply by 40.7% in the first quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock worth $2,487,000 after purchasing an additional 13,051 shares during the last quarter. Intech Investment Management LLC grew its holdings in shares of Tractor Supply by 26.9% in the first 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 last quarter. Sei Investments Co. grew its holdings in shares of Tractor Supply by 1.2% in the second 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 during the last quarter. Finally, Glenview Trust co boosted its holdings in Tractor Supply by 36.0% in the second quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock valued at $1,036,000 after acquiring an additional 5,194 shares in the last quarter. Institutional investors own 98.72% of the company’s stock.

Insider Activity

In other news, CFO Kurt D. Barton sold 1,884 shares of the business’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $53.81, for a total transaction of $101,378.04. Following the sale, the chief financial officer owned 52,562 shares in the company, valued at approximately $2,828,361.22. The trade was a 3.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Colin Yankee sold 11,170 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $55.35, for a total transaction of $618,259.50. Following the sale, the executive vice president owned 45,515 shares in the company, valued at approximately $2,519,255.25. This trade represents a 19.71% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 222,348 shares of company stock worth $11,959,621. 0.64% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

TSCO has been the topic of several recent analyst reports. Jefferies Financial Group reiterated a “buy” rating and issued a $51.00 price target on shares of Tractor Supply in a report on Tuesday, April 21st. Zacks Research upgraded shares of Tractor Supply from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. UBS Group cut their price target on shares of Tractor Supply from $55.00 to $44.00 and set a “neutral” rating on the stock in a report on Wednesday, April 22nd. Loop Capital cut their price target on shares of Tractor Supply from $51.00 to $41.00 and set a “hold” rating on the stock in a report on Wednesday, April 22nd. Finally, Wall Street Zen upgraded shares of Tractor Supply from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Fifteen equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $47.96.

Tractor Supply Stock Performance

NASDAQ:TSCO opened at $34.77 on Thursday. The stock has a market cap of $18.29 billion, a P/E ratio of 17.04, a price-to-earnings-growth ratio of 2.04 and a beta of 0.75. The firm’s fifty day simple moving average is $46.14 and its 200 day simple moving average is $50.81. Tractor Supply Company has a twelve month low of $34.37 and a twelve month high of $63.99. The company has a quick ratio of 0.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.86.

Tractor Supply (NASDAQ:TSCO) last announced its 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 business had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $3.64 billion. During the same quarter last year, the firm posted $0.34 EPS. The business’s quarterly revenue was up 3.6% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, research analysts predict that Tractor Supply Company will post 2.15 EPS for the current year.

Tractor Supply Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were issued a dividend of $0.24 per share. This is a boost from Tractor Supply’s previous quarterly dividend of $0.23. The ex-dividend date was Tuesday, February 24th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.8%. Tractor Supply’s dividend payout ratio (DPR) is presently 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.