D.B. Root & Company LLC acquired a new position in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 29,179 shares of the specialty retailer's stock, valued at approximately $922,000.
A number of other large investors have also recently modified their holdings of TSCO. Garner Asset Management Corp acquired a new stake in Tractor Supply in the fourth quarter valued at about $25,000. Elevation Wealth Partners LLC grew its stake in shares of Tractor Supply by 1,253.4% in the second quarter. Elevation Wealth Partners LLC now owns 785 shares of the specialty retailer's stock worth $25,000 after purchasing an additional 727 shares during the last quarter. Reflection Asset Management acquired a new stake in Tractor Supply in the fourth quarter valued at $26,000. Comprehensive Financial Planning Inc. PA bought a new position in Tractor Supply during the 2nd quarter worth $26,000. Finally, Core Wealth Advisors LLC acquired a new position in Tractor Supply during the 4th quarter worth about $27,000. Institutional investors and hedge funds own 98.72% of the company's stock.
Tractor Supply Stock Performance
Shares of Tractor Supply stock opened at $34.98 on Monday. The company's 50-day moving average price is $31.82 and its 200-day moving average price is $38.59. The company has a current ratio of 1.33, a quick ratio of 0.23 and a debt-to-equity ratio of 0.83. 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 price-to-earnings ratio of 18.22, a PEG ratio of 11.38 and a beta of 0.47.
Tractor Supply (NASDAQ:TSCO - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 EPS for the quarter, missing analysts' consensus estimates of $0.82 by ($0.01). The firm had revenue of $4.54 billion for the quarter, compared to analysts' expectations of $4.58 billion. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The firm's revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. On average, equities analysts expect that Tractor Supply Company will post 1.93 earnings per share for the current fiscal year.
Tractor Supply Announces Dividend
The business also recently announced 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. The ex-dividend date is Monday, August 24th. This represents a $0.96 annualized dividend and a yield of 2.7%. Tractor Supply's payout ratio is presently 50.00%.
Insider Transactions at Tractor Supply
In related news, CEO Harry A. Lawton III bought 15,600 shares of the business's stock in a transaction that occurred on Tuesday, August 4th. The stock was bought at an average cost of $32.15 per share, for a total transaction of $501,540.00. Following the completion of the transaction, the chief executive officer owned 15,600 shares of the company's stock, valued at approximately $501,540. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Edna Morris acquired 1,560 shares of the business's stock in a transaction dated Tuesday, August 4th. The stock was purchased at an average price of $32.44 per share, with a total value of $50,606.40. Following the completion of the acquisition, the director directly owned 279,720 shares in the company, valued at approximately $9,074,116.80. This represents a 0.56% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders purchased 20,310 shares of company stock valued at $652,411. Insiders own 0.64% of the company's stock.
Analyst Upgrades and Downgrades
Several analysts recently commented on TSCO shares. Weiss Ratings cut Tractor Supply from a "hold (c-)" rating to a "sell (d+)" rating in a report on Thursday, July 23rd. Evercore restated an "outperform" rating and issued a $40.00 target price on shares of Tractor Supply in a research note on Tuesday, July 7th. Piper Sandler set a $31.00 price target on shares of Tractor Supply and gave the company a "neutral" rating in a research report on Friday, July 24th. TD Cowen reissued a "hold" rating on shares of Tractor Supply in a report on Wednesday, July 15th. Finally, Morgan Stanley reiterated a "negative" rating and issued a $35.00 target price on shares of Tractor Supply in a report on Friday, July 24th. Thirteen investment 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $39.31.
View Our Latest Report on TSCO
Tractor Supply Company Profile
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding TSCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tractor Supply Company (NASDAQ:TSCO - Free Report).

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