United Capital Financial Advisors LLC Makes New Investment in Tractor Supply Company $TSCO

Key Points

• United Capital Financial Advisors initiated a position in Tractor Supply during the second quarter, purchasing 61,023 shares valued at approximately $1.93 million. Institutional investors collectively own 98.72% of the company.
• Tractor Supply reported quarterly revenue of $4.54 billion and EPS of $0.81, slightly below analyst expectations, while revenue increased 2.3% year over year. The company declared a quarterly dividend of $0.24, equivalent to an annualized yield of about 2.8%.
• Analyst sentiment is mixed, with the stock carrying a consensus “Hold” rating and an average price target of $39.31. Company insiders purchased 20,310 shares worth $652,411 during the last quarter.

United Capital Financial Advisors LLC bought a new position in Tractor Supply Company (NASDAQ:TSCO - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The firm bought 61,023 shares of the specialty retailer's stock, valued at approximately $1,929,000.

A number of other large investors have also recently modified their holdings of the stock. BlackRock Inc. bought a new position in Tractor Supply in the second quarter worth about $1,500,967,000. Norges Bank bought a new stake in Tractor Supply during the 4th quarter valued at approximately $303,862,000. Select Equity Group L.P. grew its holdings in shares of Tractor Supply by 41.9% during 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 acquiring an additional 3,753,414 shares during the period. Legal & General Group Plc purchased a new position in shares of Tractor Supply during the 2nd quarter worth approximately $110,137,000. Finally, Bank of America Corp DE bought a new position in shares of Tractor Supply in the 2nd quarter worth approximately $105,502,000. Institutional investors own 98.72% of the company's stock.

Tractor Supply Stock Performance

Tractor Supply stock opened at $34.72 on Friday. Tractor Supply Company has a twelve month low of $28.36 and a twelve month high of $62.87. 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 company has a market capitalization of $18.21 billion, a P/E ratio of 18.08, a PEG ratio of 11.29 and a beta of 0.47. The stock's 50 day moving average is $32.31 and its 200 day moving average is $38.02.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $4.54 billion for the quarter, compared to analysts' expectations of $4.58 billion. During the same quarter in the previous year, the firm posted $0.81 EPS. The firm's quarterly revenue 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. On average, equities research analysts predict that Tractor Supply Company will post 1.93 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be paid a $0.24 dividend. The ex-dividend date is Monday, August 24th. This represents a $0.96 dividend on an annualized basis and a yield of 2.8%. Tractor Supply's payout ratio is presently 50.00%.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

TSCO has been the subject of a number of research analyst reports. 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. Citigroup reaffirmed a "buy" rating on shares of Tractor Supply in a research note on Thursday, July 16th. Wells Fargo & Company lowered their price objective on Tractor Supply from $47.00 to $35.00 and set an "overweight" rating for the company in a research report on Wednesday, July 15th. Gordon Haskett raised their price objective on Tractor Supply from $40.00 to $50.00 in a research report on Friday, June 12th. Finally, Morgan Stanley restated a "negative" rating and set a $35.00 target price on shares of Tractor Supply in a report on Friday, July 24th. Thirteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Tractor Supply has an average 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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