James Investment Research Inc. Sells 18,541 Shares of Tractor Supply Company $TSCO

James Investment Research Inc. trimmed its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 76.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,577 shares of the specialty retailer’s stock after selling 18,541 shares during the period. James Investment Research Inc.’s holdings in Tractor Supply were worth $253,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Garner Asset Management Corp bought a new stake in Tractor Supply during the fourth quarter worth about $25,000. Reflection Asset Management acquired a new position in Tractor Supply during the fourth quarter valued at approximately $26,000. Aventura Private Wealth LLC bought a new position in Tractor Supply in the fourth quarter valued at approximately $27,000. Core Wealth Advisors LLC bought a new position in Tractor Supply in the fourth quarter valued at approximately $27,000. Finally, Bayban acquired a new position in shares of Tractor Supply during the 4th quarter worth approximately $28,000. Institutional investors own 98.72% of the company’s stock.

Tractor Supply Trading Down 1.5%

TSCO stock opened at $31.76 on Friday. Tractor Supply Company has a one year low of $28.36 and a one year high of $63.99. The stock has a market cap of $16.66 billion, a price-to-earnings ratio of 15.57, a price-to-earnings-growth ratio of 2.44 and a beta of 0.46. The company has a fifty day moving average price of $31.61 and a two-hundred day moving average price of $43.54. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 0.16.

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 the consensus estimate of $0.35 by ($0.04). The company had revenue of $3.59 billion during 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%. Tractor Supply’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Equities analysts anticipate that Tractor Supply Company will post 2.11 EPS for the current year.

Tractor Supply Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Wednesday, May 27th were given a dividend of $0.24 per share. The ex-dividend date was Wednesday, May 27th. This represents a $0.96 annualized dividend and a yield of 3.0%. Tractor Supply’s dividend payout ratio (DPR) is 47.06%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on TSCO shares. Mizuho dropped their price objective on Tractor Supply from $58.00 to $50.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 22nd. DA Davidson lowered their target price on shares of Tractor Supply from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Monday, June 22nd. Jefferies Financial Group reaffirmed a “buy” rating and set a $51.00 price target on shares of Tractor Supply in a research report on Tuesday, April 21st. Barclays cut their price target on shares of Tractor Supply from $51.00 to $44.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 22nd. Finally, Argus lowered their price objective on shares of Tractor Supply from $64.00 to $50.00 and set a “buy” rating on the stock in a research note on Monday, April 27th. Fourteen equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat, Tractor Supply has an average rating of “Moderate Buy” and an average target price of $45.50.

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.