B. Metzler seel. Sohn & Co. AG Takes $1.45 Million Position in Tractor Supply Company $TSCO

B. Metzler seel. Sohn & Co. AG bought a new position in Tractor Supply Company (NASDAQ:TSCO - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 45,722 shares of the specialty retailer's stock, valued at approximately $1,445,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of Tractor Supply during the 2nd quarter valued at $1,500,967,000. Norges Bank purchased a new stake in Tractor Supply in the 4th quarter worth $303,862,000. Select Equity Group L.P. increased its stake in Tractor Supply by 41.9% in the 2nd quarter. Select Equity Group L.P. now owns 12,713,409 shares of the specialty retailer's stock worth $670,887,000 after buying an additional 3,753,414 shares in the last quarter. Deutsche Bank AG purchased a new stake in Tractor Supply in the 2nd quarter worth $103,881,000. Finally, Bank of New York Mellon Corp bought a new stake in Tractor Supply during the second quarter valued at about $91,772,000. Institutional investors own 98.72% of the company's stock.

Tractor Supply Stock Performance

TSCO stock opened at $34.98 on Monday. The firm has a fifty day moving average price of $31.82 and a 200 day moving average price of $38.59. Tractor Supply Company has a fifty-two week low of $28.36 and a fifty-two week high of $62.89. The firm 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 debt-to-equity ratio of 0.83, a quick ratio of 0.23 and a current ratio of 1.33.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.01). Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The business had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter last year, the business earned $0.81 EPS. Tractor Supply's revenue for the quarter was up 2.3% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Sell-side analysts anticipate that Tractor Supply Company will post 1.93 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

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

Insider Activity at Tractor Supply

In other news, CEO Harry A. Lawton III acquired 15,600 shares of the business's stock in a transaction on Tuesday, August 4th. The shares were acquired at an average price of $32.15 per share, for a total transaction of $501,540.00. Following the completion of the transaction, the chief executive officer directly owned 15,600 shares of the company's stock, valued at approximately $501,540. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Andre J. Hawaux bought 3,150 shares of Tractor Supply stock in a transaction dated Monday, August 3rd. The stock was purchased at an average cost of $31.83 per share, for a total transaction of $100,264.50. Following the purchase, the director owned 3,150 shares of the company's stock, valued at approximately $100,264.50. This trade represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have purchased 20,310 shares of company stock worth $652,411. Company insiders own 0.64% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Guggenheim set a $40.00 target price on Tractor Supply and gave the company a "buy" rating in a research note on Friday, July 24th. Telsey Advisory Group dropped their price target on Tractor Supply from $40.00 to $38.00 and set an "outperform" rating for the company in a research note on Friday, July 24th. Weiss Ratings cut shares of Tractor Supply from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Thursday, July 23rd. Zacks Research lowered shares of Tractor Supply from a "hold" rating to a "strong sell" rating in a research report on Monday, July 13th. Finally, TD Cowen reaffirmed a "hold" rating on shares of Tractor Supply in a research note on Wednesday, July 15th. Thirteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Tractor Supply has an average rating of "Hold" and an average target price of $39.31.

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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