Tractor Supply Company $TSCO Shares Newly Purchased by Boston Trust Walden Corp

Key Points

• Boston Trust Walden initiated a significant position in Tractor Supply, purchasing 1,219,940 shares worth about $38.2 million, or roughly 0.23% of the company.
• Tractor Supply beat quarterly expectations, reporting EPS of $0.43 versus $0.41 expected and revenue of $3.91 billion versus $3.82 billion; revenue increased 5.1% year over year.
• The company declared a quarterly dividend of $0.24 per share, while analyst sentiment remains mixed: the consensus rating is Hold, and some earnings estimates for future years were reduced.

Boston Trust Walden Corp bought a new position in Tractor Supply Company (NASDAQ:TSCO - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,219,940 shares of the specialty retailer's stock, valued at approximately $38,172,000. Boston Trust Walden Corp owned approximately 0.23% of Tractor Supply at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in TSCO. Elevation Wealth Partners LLC lifted its position in Tractor Supply by 1,253.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 785 shares of the specialty retailer's stock valued at $25,000 after purchasing an additional 727 shares during the last quarter. Comprehensive Financial Planning Inc. PA acquired a new position in Tractor Supply during the 2nd quarter valued at about $26,000. Community Financial Services Group LLC grew its position in Tractor Supply by 3,240.0% in the 2nd quarter. Community Financial Services Group LLC now owns 835 shares of the specialty retailer's stock worth $27,000 after purchasing an additional 810 shares during the last quarter. Bullseye Investment Management LLC bought a new position in Tractor Supply in the 2nd quarter worth about $31,000. Finally, Pingora Partners LLC acquired a new stake in shares of Tractor Supply in the second quarter valued at approximately $32,000. 98.72% of the stock is currently owned by institutional investors.

More Tractor Supply News

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

• Positive Sentiment: The board declared a quarterly cash dividend of $0.24 per share, supporting shareholder returns. Article: Tractor Supply declares $0.24 dividend
• Neutral Sentiment: Zacks Research made a mix of estimate changes: it raised its FY2026 EPS forecast to $1.95 from $1.93 and increased some quarterly projections, while maintaining a Hold rating. Tractor Supply analyst estimates
• Negative Sentiment: The revisions also lowered estimates for several upcoming quarters and cut FY2027 EPS to $2.05 from $2.09 and FY2028 EPS to $2.31 from $2.45. These reductions may weigh on sentiment about the company’s longer-term earnings outlook. Tractor Supply analyst estimates

Tractor Supply Stock Performance

Tractor Supply stock opened at $36.61 on Friday. The firm's 50 day simple moving average is $33.34 and its 200-day simple moving average is $37.97. The company has a market cap of $19.20 billion, a P/E ratio of 19.68, a price-to-earnings-growth ratio of 3.79 and a beta of 0.49. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 0.20. Tractor Supply Company has a fifty-two week low of $28.36 and a fifty-two week high of $56.94.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last released its earnings results on Thursday, October 22nd. The specialty retailer reported $0.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.02. The company had revenue of $3.91 billion during the quarter, compared to analyst estimates of $3.82 billion. Tractor Supply had a return on equity of 40.05% and a net margin of 6.13%. The company's revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.49 earnings per share. As a group, equities research analysts predict that Tractor Supply Company will post 1.95 EPS for the current year.

Tractor Supply Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 8th. Shareholders of record on Monday, November 23rd will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Monday, November 23rd. Tractor Supply's dividend payout ratio is presently 51.61%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. TD Cowen reaffirmed a "hold" rating and set a $36.00 target price (up from $34.00) on shares of Tractor Supply in a research note on Friday, October 23rd. Raymond James Financial decreased their price target on Tractor Supply from $48.00 to $40.00 and set an "outperform" rating for the company in a research note on Friday, July 17th. Wall Street Zen raised Tractor Supply from a "sell" rating to a "hold" rating in a report on Saturday, October 31st. DA Davidson set a $36.00 price objective on shares of Tractor Supply in a research note on Thursday, October 8th. Finally, Wolfe Research set a $34.00 price objective on shares of Tractor Supply in a report on Thursday, July 16th. Thirteen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $38.62.

Tractor Supply Profile

Tractor Supply Company NASDAQ: TSCO is a specialty retailer serving the needs of farmers, ranchers, hobby farmers, pet owners, gardeners and other rural lifestyle customers. The company operates under the Tractor Supply banner and focuses on products that support everyday rural living, land maintenance and animal care.

Its merchandise includes livestock and pet feed, animal health and care products, fencing, hardware, tools, power equipment, lawn and garden supplies, work clothing, footwear, automotive products and seasonal goods.

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