Rep. April McClain Delaney Buys Tractor Supply (NASDAQ:TSCO) Shares

Representative April McClain Delaney (D-Maryland) recently bought shares of Tractor Supply NASDAQ: TSCO. In a filing disclosed on June 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Tractor Supply stock on May 5th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Fortune Brands Innovations NYSE: FBIN on 5/29/2025.
• Sold $1,001 - $15,000 in shares of Toro NYSE: TTC on 5/28/2025.
• Sold $1,001 - $15,000 in shares of Dayforce NYSE: DAY on 5/27/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 5/27/2025.
• Purchased $1,001 - $15,000 in shares of Tractor Supply NASDAQ: TSCO on 5/27/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 5/13/2025.
• Purchased $1,001 - $15,000 in shares of Tractor Supply NASDAQ: TSCO on 5/13/2025.
• Sold $1,001 - $15,000 in shares of Dayforce NYSE: DAY on 5/7/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 5/7/2025.
• Sold $1,001 - $15,000 in shares of Toro NYSE: TTC on 4/29/2025.

Tractor Supply Trading Up 4.3%

NASDAQ:TSCO traded up $2.11 during trading hours on Thursday, hitting $51.45. The company had a trading volume of 10,693,745 shares, compared to its average volume of 5,579,914. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.43 and a quick ratio of 0.20. The stock has a 50-day moving average price of $50.85 and a 200 day moving average price of $53.56. The company has a market capitalization of $27.28 billion, a PE ratio of 25.22, a price-to-earnings-growth ratio of 2.95 and a beta of 0.74. Tractor Supply has a 52 week low of $46.85 and a 52 week high of $61.53.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The specialty retailer reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.03). Tractor Supply had a return on equity of 49.01% and a net margin of 7.40%. The business had revenue of $3.47 billion during the quarter, compared to the consensus estimate of $3.55 billion. During the same quarter in the previous year, the business earned $1.83 earnings per share. The firm's revenue was up 2.1% compared to the same quarter last year. On average, equities research analysts predict that Tractor Supply will post 2.17 EPS for the current fiscal year.

Tractor Supply Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Wednesday, May 28th will be issued a dividend of $0.23 per share. The ex-dividend date is Wednesday, May 28th. This represents a $0.92 dividend on an annualized basis and a yield of 1.79%. Tractor Supply's dividend payout ratio is presently 45.77%.

Tractor Supply declared that its Board of Directors has approved a share repurchase plan on Thursday, February 13th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the specialty retailer to buy up to 3.3% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on TSCO. Guggenheim dropped their price target on Tractor Supply from $60.00 to $55.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Stephens initiated coverage on Tractor Supply in a report on Wednesday, April 9th. They issued an "equal weight" rating and a $56.00 target price on the stock. UBS Group set a $54.00 target price on Tractor Supply in a research note on Friday, April 25th. Telsey Advisory Group set a $60.00 price target on Tractor Supply in a research report on Friday, April 25th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Tractor Supply from $59.00 to $56.00 and set a "neutral" rating on the stock in a research note on Monday, April 28th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Tractor Supply presently has a consensus rating of "Moderate Buy" and a consensus target price of $58.02.

Institutional Trading of Tractor Supply

Large investors have recently modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Tractor Supply by 392.5% during the 4th quarter. Vanguard Group Inc. now owns 64,033,972 shares of the specialty retailer's stock valued at $3,397,643,000 after purchasing an additional 51,031,178 shares during the period. Wellington Management Group LLP grew its position in Tractor Supply by 401.8% during the fourth quarter. Wellington Management Group LLP now owns 23,789,249 shares of the specialty retailer's stock valued at $1,262,258,000 after buying an additional 19,048,385 shares during the period. Alliancebernstein L.P. increased its holdings in Tractor Supply by 403.3% during the fourth quarter. Alliancebernstein L.P. now owns 22,256,534 shares of the specialty retailer's stock valued at $1,180,932,000 after buying an additional 17,834,643 shares during the last quarter. Capital World Investors increased its holdings in Tractor Supply by 403.7% during the fourth quarter. Capital World Investors now owns 19,433,135 shares of the specialty retailer's stock valued at $1,031,122,000 after buying an additional 15,575,311 shares during the last quarter. Finally, Capital International Investors raised its position in Tractor Supply by 334.7% in the fourth quarter. Capital International Investors now owns 15,429,288 shares of the specialty retailer's stock worth $818,421,000 after acquiring an additional 11,880,010 shares during the period. Institutional investors own 98.72% of the company's stock.

Insider Transactions at Tractor Supply

In related news, SVP Matthew L. Rubin sold 2,810 shares of the stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $51.76, for a total value of $145,445.60. Following the completion of the sale, the senior vice president now directly owns 29,722 shares of the company's stock, valued at approximately $1,538,410.72. This represents a 8.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.65% of the company's stock.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland's 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland's 6th Congressional District. She declared candidacy for the 2026 election. April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor's degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

About Tractor Supply

Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers various merchandise, including livestock and equine feed and equipment, poultry, fencing, and sprayers and chemicals; food, treats, and equipment for dogs, cats, and other small animals, as well as dog wellness products; seasonal and recreation products comprising tractors and riders, lawn and garden, bird feeding, power equipment, and other recreational products; truck, tool, and hardware products, such as truck accessories, trailers, generators, lubricants, batteries, and hardware and tools; and clothing, gift, and décor products consist of clothing, footwear, toys, snacks, and decorative merchandise.