Thrivent Financial for Lutherans Increases Position in Tractor Supply Company $TSCO

Thrivent Financial for Lutherans boosted its holdings in Tractor Supply Company (NASDAQ:TSCO) by 29.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 214,319 shares of the specialty retailer’s stock after purchasing an additional 48,606 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Tractor Supply were worth $10,718,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Field & Main Bank grew its holdings in Tractor Supply by 1.1% in the fourth quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock worth $942,000 after purchasing an additional 200 shares during the period. Oak Thistle LLC grew its holdings in Tractor Supply by 0.9% in the fourth quarter. Oak Thistle LLC now owns 24,911 shares of the specialty retailer’s stock worth $1,246,000 after purchasing an additional 215 shares during the period. Vestmark Advisory Solutions Inc. grew its holdings in Tractor Supply by 5.1% in the third quarter. Vestmark Advisory Solutions Inc. now owns 4,514 shares of the specialty retailer’s stock worth $257,000 after purchasing an additional 218 shares during the period. Johnson Investment Counsel Inc. grew its holdings in Tractor Supply by 1.7% in the third quarter. Johnson Investment Counsel Inc. now owns 12,771 shares of the specialty retailer’s stock worth $726,000 after purchasing an additional 219 shares during the period. Finally, Geneos Wealth Management Inc. grew its holdings in Tractor Supply by 22.7% in the second quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer’s stock worth $63,000 after purchasing an additional 220 shares during the period. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on TSCO. Bank of America began coverage on shares of Tractor Supply in a report on Tuesday, April 7th. They issued a “neutral” rating and a $47.00 price objective on the stock. UBS Group cut their price objective 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. Wall Street Zen upgraded shares of Tractor Supply from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Daiwa Securities Group cut their price target on shares of Tractor Supply from $52.00 to $41.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. Finally, The Goldman Sachs Group cut their price target on shares of Tractor Supply from $59.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Fourteen equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. Based on data from MarketBeat, Tractor Supply currently has an average rating of “Moderate Buy” and an average price target of $47.19.

Tractor Supply Trading Down 1.8%

NASDAQ:TSCO opened at $31.14 on Wednesday. The company’s 50 day moving average price is $41.24 and its 200-day moving average price is $48.75. Tractor Supply Company has a 52 week low of $29.42 and a 52 week 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. The stock has a market cap of $16.33 billion, a price-to-earnings ratio of 15.26, a PEG ratio of 1.82 and a beta of 0.51.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). The company had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $3.64 billion. Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter last year, the company earned $0.34 EPS. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. On average, equities research analysts forecast that Tractor Supply Company will post 2.14 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th will be given 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 is Wednesday, May 27th. Tractor Supply’s dividend payout ratio (DPR) is presently 47.06%.

Tractor Supply Company 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.