Tractor Supply Company $TSCO Shares Sold by Baypointe Partners LLC

Key Points

• Baypointe Partners cut its Tractor Supply stake by 85.0% in Q4, selling 99,115 shares and leaving 17,552 shares worth about $878,000 (TSCO is its 14th largest holding).
• Multiple analysts have trimmed price targets (e.g., TD Cowen to $38, UBS to $44) and the stock's consensus is a “Moderate Buy” with an average target of $47.96.
• Tractor Supply reported an EPS miss ($0.31 vs. $0.35 expected) and revenue of $3.59B vs. $3.64B, set FY2026 EPS guidance of 2.13–2.23, and raised its quarterly dividend to $0.24 (yield ~2.8%).

Baypointe Partners LLC lessened its position in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 85.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 17,552 shares of the specialty retailer's stock after selling 99,115 shares during the period. Tractor Supply makes up 1.8% of Baypointe Partners LLC's investment portfolio, making the stock its 14th largest holding. Baypointe Partners LLC's holdings in Tractor Supply were worth $878,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP lifted its stake in shares of Tractor Supply by 1.6% in the 3rd quarter. Wellington Management Group LLP now owns 25,931,699 shares of the specialty retailer's stock worth $1,474,736,000 after acquiring an additional 420,731 shares during the period. Speece Thorson Capital Group Inc. boosted its position in shares of Tractor Supply by 22.0% during the 4th quarter. Speece Thorson Capital Group Inc. now owns 307,359 shares of the specialty retailer's stock worth $15,371,000 after purchasing an additional 55,493 shares in the last quarter. First National Bank of Omaha purchased a new stake in shares of Tractor Supply during the 3rd quarter worth $5,069,000. NEOS Investment Management LLC boosted its position in shares of Tractor Supply by 49.9% during the 3rd quarter. NEOS Investment Management LLC now owns 63,881 shares of the specialty retailer's stock worth $3,633,000 after purchasing an additional 21,256 shares in the last quarter. Finally, HighTower Advisors LLC boosted its position in shares of Tractor Supply by 9.2% during the 3rd quarter. HighTower Advisors LLC now owns 289,610 shares of the specialty retailer's stock worth $16,470,000 after purchasing an additional 24,312 shares in the last quarter. Institutional investors and hedge funds own 98.72% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have commented on TSCO shares. TD Cowen restated a "hold" rating and set a $38.00 target price (down from $53.00) on shares of Tractor Supply in a research report on Monday, April 27th. UBS Group decreased their target price on shares of Tractor Supply from $55.00 to $44.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 22nd. Guggenheim restated a "buy" rating and set a $60.00 target price (down from $65.00) on shares of Tractor Supply in a research report on Thursday, April 23rd. Evercore decreased their target price on shares of Tractor Supply from $55.00 to $50.00 and set an "outperform" rating on the stock in a research report on Thursday, April 23rd. Finally, Daiwa Securities Group decreased their target price on shares of Tractor Supply from $52.00 to $41.00 and set a "neutral" rating on the stock in a research report on Thursday, April 23rd. Fifteen equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. Based on data from MarketBeat, Tractor Supply currently has an average rating of "Moderate Buy" and an average price target of $47.96.

Tractor Supply Price Performance

Tractor Supply stock opened at $33.83 on Monday. Tractor Supply Company has a 52 week low of $33.65 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 firm's 50-day simple moving average is $45.80 and its 200 day simple moving average is $50.64. The firm has a market capitalization of $17.79 billion, a PE ratio of 16.58, a P/E/G ratio of 1.94 and a beta of 0.51.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last released 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 return on equity of 42.58% and a net margin of 6.91%.The business had revenue of $3.59 billion during the quarter, compared to analysts' expectations of $3.64 billion. During the same quarter in the prior year, the firm earned $0.34 earnings per share. Tractor Supply's quarterly 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 predict that Tractor Supply Company will post 2.15 EPS for the current fiscal year.

Tractor Supply Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th were given a $0.24 dividend. The ex-dividend date was Tuesday, February 24th. This represents a $0.96 annualized dividend and a dividend yield of 2.8%. This is a boost from Tractor Supply's previous quarterly dividend of $0.23. Tractor Supply's payout ratio is presently 47.06%.

Insiders Place Their Bets

In related news, EVP Colin Yankee sold 11,170 shares of the business's stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $55.35, for a total value of $618,259.50. Following the sale, the executive vice president directly owned 45,515 shares in the company, valued at $2,519,255.25. The trade was a 19.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Jonathan S. Estep sold 59,745 shares of the business's stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $54.03, for a total transaction of $3,228,022.35. Following the completion of the sale, the executive vice president owned 80,931 shares in the company, valued at $4,372,701.93. This represents a 42.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 222,348 shares of company stock worth $11,959,621. 0.64% of the stock is owned by company insiders.

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.

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