Citizens Financial Group Inc. RI Makes New $948,000 Investment in Tractor Supply Company $TSCO

Citizens Financial Group Inc. RI purchased a new stake in Tractor Supply Company (NASDAQ:TSCO - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 30,002 shares of the specialty retailer's stock, valued at approximately $948,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Advyzon Investment Management LLC lifted its stake in shares of Tractor Supply by 4.3% in the 4th quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer's stock valued at $223,000 after acquiring an additional 183 shares during the last quarter. Field & Main Bank raised its stake in Tractor Supply by 1.1% during the fourth quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer's stock worth $942,000 after buying an additional 200 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Tractor Supply by 22.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer's stock valued at $63,000 after purchasing an additional 220 shares in the last quarter. Aptus Capital Advisors LLC grew its position in shares of Tractor Supply by 0.4% during the 4th quarter. Aptus Capital Advisors LLC now owns 56,698 shares of the specialty retailer's stock worth $2,835,000 after buying an additional 222 shares during the period. Finally, Larson Financial Group LLC boosted its holdings in Tractor Supply by 10.0% in the fourth quarter. Larson Financial Group LLC now owns 2,477 shares of the specialty retailer's stock worth $124,000 after acquiring an additional 225 shares in the last quarter. Institutional investors own 98.72% of the company's stock.

Tractor Supply Trading Up 0.1%

Shares of NASDAQ:TSCO opened at $34.72 on Wednesday. The business has a 50-day moving average price of $31.58 and a 200-day moving average price of $38.94. The stock has a market cap of $18.21 billion, a price-to-earnings ratio of 18.08, a PEG ratio of 11.66 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. Tractor Supply Company has a 52-week low of $28.36 and a 52-week high of $62.89.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last announced its earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 analysts' expectations of $4.58 billion. During the same quarter last year, the business earned $0.81 EPS. The company's quarterly revenue was up 2.3% on a year-over-year basis. 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 business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Monday, August 24th. Tractor Supply's payout ratio is presently 50.00%.

Insider Transactions at Tractor Supply

In other Tractor Supply news, Director Edna Morris acquired 1,560 shares of Tractor Supply stock in a transaction that occurred on Tuesday, August 4th. The stock was bought at an average cost of $32.44 per share, for a total transaction of $50,606.40. Following the acquisition, the director owned 279,720 shares of the company's stock, valued at $9,074,116.80. This represents a 0.56% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Harry A. Lawton III acquired 15,600 shares of the company's stock in a transaction that occurred on Tuesday, August 4th. The stock was acquired at an average cost of $32.15 per share, for a total transaction of $501,540.00. Following the acquisition, the chief executive officer owned 15,600 shares of the company's stock, valued at $501,540. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders bought 20,310 shares of company stock valued at $652,411. Corporate insiders own 0.64% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. DA Davidson decreased their target price on Tractor Supply from $50.00 to $40.00 and set a "buy" rating for the company in a research report on Monday, June 22nd. Wall Street Zen cut shares of Tractor Supply from a "hold" rating to a "sell" rating in a report on Sunday, July 12th. Raymond James Financial cut their target price on Tractor Supply from $48.00 to $40.00 and set an "outperform" rating on the stock in a research note on Friday, July 17th. Evercore reissued an "outperform" rating and set a $40.00 price target on shares of Tractor Supply in a report on Tuesday, July 7th. Finally, Telsey Advisory Group reduced their target price on shares of Tractor Supply from $40.00 to $38.00 and set an "outperform" rating for the company in a report on Friday, July 24th. 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 stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $39.31.

Tractor Supply 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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