KBC Group NV Has $2.91 Million Stock Holdings in Tractor Supply Company $TSCO

KBC Group NV boosted its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 36.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,262 shares of the specialty retailer’s stock after purchasing an additional 17,062 shares during the quarter. KBC Group NV’s holdings in Tractor Supply were worth $2,911,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. SEB Asset Management AB bought a new stake in shares of Tractor Supply during the 1st quarter worth about $4,704,000. Swiss National Bank raised its holdings in Tractor Supply by 6.8% in the 1st quarter. Swiss National Bank now owns 1,550,700 shares of the specialty retailer’s stock valued at $70,247,000 after acquiring an additional 98,500 shares during the period. Kesler Norman & Wride LLC raised its holdings in Tractor Supply by 1.7% in the 1st quarter. Kesler Norman & Wride LLC now owns 19,771 shares of the specialty retailer’s stock valued at $896,000 after acquiring an additional 328 shares during the period. SteelPeak Wealth LLC lifted its position in Tractor Supply by 103.8% during the first quarter. SteelPeak Wealth LLC now owns 20,769 shares of the specialty retailer’s stock worth $941,000 after acquiring an additional 10,580 shares during the last quarter. Finally, Independent Financial Group LLC acquired a new stake in Tractor Supply during the first quarter worth approximately $494,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

Tractor Supply News Roundup

Here are the key news stories impacting Tractor Supply this week:

• Positive Sentiment: Tractor Supply is expanding delivery options by launching Instacart same-day delivery from 2,400 stores, which could support convenience-driven sales and help offset softer in-store demand. Tractor Supply (TSCO) Launches Instacart Same Day Delivery From 2,400 Stores
• Neutral Sentiment: Analysts remain mixed after earnings, with Telsey Advisory Group trimming its price target to $38 while keeping an outperform rating, and Bank of America maintaining a hold rating with a $33 target. Telsey Advisory Group price target cut
• Neutral Sentiment: Tractor Supply reported second-quarter EPS of $0.81 and revenue of $4.54 billion, both slightly below expectations, while revenue still rose 2.3% year over year. Quarterly financial results
• Negative Sentiment: The company cut its full-year outlook, now guiding for EPS of $1.90 to $2.00 and revenue of $15.9 billion to $16.1 billion, below prior expectations, as it cited a tough May quarter and softer demand for discretionary and pet-related purchases. WSJ outlook cut article
• Negative Sentiment: Tractor Supply said it will close 75 Petsense stores, including six in Arkansas, signaling a restructuring of its pet business and pressure in that segment. Petsense store closure article

Tractor Supply Trading Up 2.3%

Shares of TSCO stock opened at $31.02 on Friday. The company has a current ratio of 1.33, a quick ratio of 0.16 and a debt-to-equity ratio of 0.83. The stock has a market cap of $16.27 billion, a P/E ratio of 16.16, a price-to-earnings-growth ratio of 6.94 and a beta of 0.46. The stock has a 50 day simple moving average of $30.63 and a 200 day simple moving average of $41.24. Tractor Supply Company has a 1 year low of $28.36 and a 1 year high of $62.89.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). The company had revenue of $4.54 billion for the quarter, compared to analyst estimates of $4.58 billion. Tractor Supply had a return on equity of 41.74% and a net margin of 6.42%.The company’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. On average, research analysts predict that Tractor Supply Company will post 1.97 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th were issued 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 of this dividend was Wednesday, May 27th. Tractor Supply’s dividend payout ratio is 47.06%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on TSCO shares. Daiwa Securities Group decreased their target price on Tractor Supply from $52.00 to $41.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Truist Financial set a $32.00 price target on Tractor Supply and gave the stock a “hold” rating in a report on Tuesday, June 16th. Barclays set a $35.00 price target on Tractor Supply and gave the company an “equal weight” rating in a research note on Monday, July 13th. Wolfe Research set a $34.00 price objective on Tractor Supply in a research report on Thursday, July 16th. Finally, Wells Fargo & Company dropped their target price on Tractor Supply from $47.00 to $35.00 and set an “overweight” rating for the company in a report on Wednesday, July 15th. Thirteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $39.65.

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.