34,270 Shares in Tractor Supply Company $TSCO Purchased by First Nebraska Trust Co

First Nebraska Trust Co purchased a new stake in Tractor Supply Company (NASDAQ:TSCO - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 34,270 shares of the specialty retailer's stock, valued at approximately $1,083,000.

Other large investors also recently added to or reduced their stakes in the company. Bison Wealth LLC grew its holdings in shares of Tractor Supply by 356.1% during the fourth quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer's stock valued at $341,000 after buying an additional 5,017 shares in the last quarter. Woodline Partners LP boosted its position in Tractor Supply by 40.7% during the 1st quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer's stock worth $2,487,000 after acquiring an additional 13,051 shares during the period. Intech Investment Management LLC grew its stake in Tractor Supply by 26.9% during the 1st quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer's stock valued at $1,442,000 after acquiring an additional 5,542 shares in the last quarter. Sei Investments Co. grew its stake in Tractor Supply by 1.2% during the 2nd quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer's stock valued at $16,676,000 after acquiring an additional 3,631 shares in the last quarter. Finally, Glenview Trust co increased its holdings in shares of Tractor Supply by 36.0% in the 2nd quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer's stock valued at $1,036,000 after purchasing an additional 5,194 shares during the period. 98.72% of the stock is owned by institutional investors and hedge funds.

Tractor Supply Trading Down 0.2%

Shares of TSCO stock opened at $34.98 on Friday. Tractor Supply Company has a 12 month low of $28.36 and a 12 month high of $62.89. The company has a market cap of $18.35 billion, a PE ratio of 18.22, a price-to-earnings-growth ratio of 11.38 and a beta of 0.47. The company has a quick ratio of 0.23, a current ratio of 1.33 and a debt-to-equity ratio of 0.83. The business's 50 day moving average is $31.82 and its two-hundred day moving average is $38.69.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share for the quarter, missing analysts' consensus estimates of $0.82 by ($0.01). The firm had revenue of $4.54 billion during 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%.Tractor Supply's quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Equities analysts predict that Tractor Supply Company will post 1.93 EPS for the current year.

Tractor Supply Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Monday, August 24th. Tractor Supply's payout ratio is currently 50.00%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Robert W. Baird decreased their price target on shares of Tractor Supply from $50.00 to $38.00 and set an "outperform" rating for the company in a report on Monday, July 20th. Morgan Stanley reissued a "negative" rating and set a $35.00 target price on shares of Tractor Supply in a research note on Friday, July 24th. Raymond James Financial dropped their price target on shares of Tractor Supply from $48.00 to $40.00 and set an "outperform" rating on the stock in a research note on Friday, July 17th. Citigroup reiterated a "buy" rating on shares of Tractor Supply in a report on Thursday, July 16th. Finally, Wall Street Zen lowered Tractor Supply from a "hold" rating to a "sell" rating in a research report on Sunday, July 12th. Thirteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Tractor Supply currently has an average rating of "Hold" and an average price target of $39.31.

Insider Transactions at Tractor Supply

In related news, Director Edna Morris acquired 1,560 shares of the stock in a transaction dated Tuesday, August 4th. The shares were acquired at an average price of $32.44 per share, for a total transaction of $50,606.40. Following the completion of the purchase, the director owned 279,720 shares in the company, valued at approximately $9,074,116.80. The trade was a 0.56% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Harry A. Lawton III bought 15,600 shares of the company's stock in a transaction that occurred on Tuesday, August 4th. The shares were bought at an average cost of $32.15 per share, for a total transaction of $501,540.00. Following the transaction, the chief executive officer directly owned 15,600 shares of the company's stock, valued at $501,540. This trade represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 20,310 shares of company stock worth $652,411 over the last three months. 0.64% of the stock is currently owned by insiders.

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.

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