Tractor Supply Company $TSCO Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC decreased its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 17.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 137,131 shares of the specialty retailer’s stock after selling 28,480 shares during the quarter. Kestra Advisory Services LLC’s holdings in Tractor Supply were worth $6,212,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Garner Asset Management Corp purchased a new position in shares of Tractor Supply in the 4th quarter valued at $25,000. Reflection Asset Management purchased a new stake in Tractor Supply in the fourth quarter valued at $26,000. Aventura Private Wealth LLC acquired a new position in Tractor Supply in the fourth quarter valued at $27,000. Core Wealth Advisors LLC acquired a new position in Tractor Supply in the fourth quarter valued at $27,000. Finally, JPL Wealth Management LLC purchased a new position in shares of Tractor Supply during the third quarter worth about $28,000. 98.72% of the stock is owned by institutional investors and hedge funds.

Tractor Supply Stock Performance

NASDAQ TSCO opened at $30.55 on Wednesday. The firm has a market cap of $16.02 billion, a P/E ratio of 14.98, a P/E/G ratio of 2.29 and a beta of 0.46. Tractor Supply Company has a 52-week low of $28.36 and a 52-week high of $63.99. The business’s 50-day moving average price is $30.72 and its 200 day moving average price is $42.32. 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 posted its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.04). Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The company had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $3.64 billion. During the same period in the prior year, the company earned $0.34 earnings per share. The firm’s 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. On average, equities research analysts expect that Tractor Supply Company will post 2.11 earnings per share for the current year.

Tractor Supply Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Wednesday, May 27th. Tractor Supply’s dividend payout ratio is 47.06%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on TSCO. Piper Sandler set a $32.00 target price on Tractor Supply and gave the stock a “neutral” rating in a research report on Tuesday, June 16th. DA Davidson decreased their target price on Tractor Supply from $50.00 to $40.00 and set a “buy” rating for the company in a research report on Monday, June 22nd. Wells Fargo & Company dropped their price target on Tractor Supply from $55.00 to $47.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Zacks Research raised Tractor Supply from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Finally, Gordon Haskett boosted their price objective on Tractor Supply from $40.00 to $50.00 in a research note on Friday, June 12th. Thirteen equities research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Tractor Supply presently has an average rating of “Hold” and an average target price of $43.38.

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.