Y Intercept Hong Kong Ltd Invests $4.90 Million in Tractor Supply Company $TSCO

Y Intercept Hong Kong Ltd acquired a new stake in Tractor Supply Company (NASDAQ:TSCO) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 86,170 shares of the specialty retailer’s stock, valued at approximately $4,900,000.

A number of other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in shares of Tractor Supply by 1.6% during the second quarter. Vanguard Group Inc. now owns 67,679,109 shares of the specialty retailer’s stock valued at $3,571,427,000 after acquiring an additional 1,047,687 shares during the last quarter. State Street Corp boosted its position in shares of Tractor Supply by 0.7% during the 2nd quarter. State Street Corp now owns 23,002,120 shares of the specialty retailer’s stock worth $1,213,822,000 after purchasing an additional 150,392 shares during the period. Geode Capital Management LLC increased its holdings in Tractor Supply by 2.1% in the 2nd quarter. Geode Capital Management LLC now owns 15,367,775 shares of the specialty retailer’s stock valued at $808,341,000 after purchasing an additional 316,595 shares during the last quarter. Invesco Ltd. raised its position in Tractor Supply by 123.4% in the second quarter. Invesco Ltd. now owns 15,079,313 shares of the specialty retailer’s stock valued at $795,735,000 after purchasing an additional 8,329,462 shares during the period. Finally, Select Equity Group L.P. lifted its stake in Tractor Supply by 41.9% during the second quarter. Select Equity Group L.P. now owns 12,713,409 shares of the specialty retailer’s stock worth $670,887,000 after purchasing an additional 3,753,414 shares in the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

Analysts Set New Price Targets

TSCO has been the subject of a number of research reports. Morgan Stanley raised Tractor Supply from an “underweight” rating to an “equal weight” rating and lifted their price objective for the company from $50.00 to $60.00 in a research note on Friday, October 24th. UBS Group set a $57.00 price target on shares of Tractor Supply and gave the stock a “neutral” rating in a research note on Friday, January 16th. Citigroup reissued a “buy” rating and issued a $61.00 price objective (down previously from $66.00) on shares of Tractor Supply in a research note on Friday, January 16th. Gordon Haskett cut shares of Tractor Supply from an “accumulate” rating to a “hold” rating and dropped their price objective for the company from $57.00 to $50.00 in a report on Thursday, January 8th. Finally, Stephens set a $53.00 target price on shares of Tractor Supply and gave the stock an “equal weight” rating in a report on Thursday. Fourteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, Tractor Supply has an average rating of “Moderate Buy” and a consensus target price of $62.81.

Tractor Supply Stock Up 2.4%

TSCO stock opened at $54.69 on Friday. The company’s 50 day moving average price is $52.24 and its 200 day moving average price is $55.80. The firm has a market capitalization of $28.90 billion, a price-to-earnings ratio of 26.29, a PEG ratio of 2.56 and a beta of 0.74. Tractor Supply Company has a fifty-two week low of $46.85 and a fifty-two week high of $63.99. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.14 and a current ratio of 1.30.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings results on Thursday, October 23rd. The specialty retailer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.48 by $0.01. The company had revenue of $3.72 billion during the quarter, compared to analysts’ expectations of $3.72 billion. Tractor Supply had a net margin of 7.18% and a return on equity of 46.18%. The firm’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.45 EPS. On average, equities research analysts anticipate that Tractor Supply Company will post 2.17 EPS for the current fiscal year.

Tractor Supply Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Shareholders of record on Monday, November 24th were paid a $0.23 dividend. The ex-dividend date was Monday, November 24th. This represents a $0.92 dividend on an annualized basis and a yield of 1.7%. Tractor Supply’s dividend payout ratio (DPR) is currently 44.23%.

Key Stories Impacting Tractor Supply

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

• Positive Sentiment: Telsey Advisory Group reaffirmed an “outperform” rating and set a $70 price target (roughly +28% upside vs. current levels), providing a strong analyst endorsement that can support buying interest. Telsey Advisory Group reaffirmation
• Positive Sentiment: Guggenheim reaffirmed a “buy” rating with a $65 target, another upbeat analyst signal that may help sustain the rally. Guggenheim rating
• Positive Sentiment: Local and national reports show Tractor Supply store traffic surged ahead of a major winter storm, implying a near-term boost to C.U.E. (cold-weather, urgent essentials) sales and inventories. This weather-driven demand is a tangible short-term revenue upside. Tractor Supply traffic soars ahead of massive winter storm
• Positive Sentiment: Tractor Supply proposed a new store in Plymouth Township, showing continued footprint expansion that supports longer-term comps and revenue growth. Tractor Supply plans new Plymouth Township location
• Positive Sentiment: Zacks preview argues TSCO heads into Q4 with expected revenue and EPS growth (helped by C.U.E. demand, winter weather upside and loyalty-driven traffic), and suggests accumulation ahead of earnings. That view can encourage buyers before the print. Tractor Supply Q4 Earnings on the Horizon: Time to Accumulate Shares?
• Neutral Sentiment: Zacks also published an expectations piece noting Wall Street expects earnings growth next week but says TSCO may lack the ideal setup for a clear beat — useful positioning information but not a single directional catalyst. Tractor Supply (TSCO) Reports Next Week: Wall Street Expects Earnings Growth
• Negative Sentiment: Seeking Alpha argues that while the business is better than expected, the current valuation makes TSCO less attractive — a view that can cap upside and encourage profit-taking. Tractor Supply: A Better Business Than I Expected, But Not At This Price
• Negative Sentiment: TD Cowen issued a pessimistic forecast for TSCO, highlighting downside risk that may weigh on sentiment if negative headlines or a soft earnings print appear. TD Cowen Issues Pessimistic Forecast for Tractor Supply (NASDAQ:TSCO) Stock Price

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.