Tractor Supply Company $TSCO Shares Sold by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. decreased its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 36.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 248,751 shares of the specialty retailer’s stock after selling 140,190 shares during the quarter. Royal London Asset Management Ltd.’s holdings in Tractor Supply were worth $7,863,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Goldman Sachs Group Inc. grew its holdings in Tractor Supply by 6.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,121,526 shares of the specialty retailer’s stock valued at $156,108,000 after buying an additional 184,146 shares in the last quarter. Swedbank AB raised its holdings in shares of Tractor Supply by 3.3% during the 4th quarter. Swedbank AB now owns 1,129,182 shares of the specialty retailer’s stock worth $56,470,000 after acquiring an additional 36,495 shares during the period. Nomura Asset Management Co. Ltd. raised its holdings in shares of Tractor Supply by 44.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 727,125 shares of the specialty retailer’s stock worth $36,364,000 after acquiring an additional 222,750 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Tractor Supply by 4.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,103,395 shares of the specialty retailer’s stock worth $56,086,000 after acquiring an additional 46,010 shares during the period. Finally, King Luther Capital Management Corp boosted its position in shares of Tractor Supply by 1.6% during the 4th quarter. King Luther Capital Management Corp now owns 2,387,723 shares of the specialty retailer’s stock valued at $119,410,000 after acquiring an additional 36,778 shares during the last quarter. 98.72% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Tractor Supply

In other news, CEO Harry A. Lawton III bought 15,600 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were bought at an average price of $32.15 per share, with a total value of $501,540.00. Following the completion of the transaction, the chief executive officer directly owned 15,600 shares in the company, valued at $501,540. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Edna Morris purchased 1,560 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were purchased at an average price of $32.44 per share, for a total transaction of $50,606.40. Following the completion of the purchase, the director directly 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 disclosure for this purchase is available in the SEC filing. In the last quarter, insiders purchased 20,310 shares of company stock worth $652,411. Insiders own 0.64% of the company’s stock.

Tractor Supply Trading Up 0.5%

NASDAQ TSCO opened at $34.90 on Tuesday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.33 and a quick ratio of 0.23. The stock has a market capitalization of $18.30 billion, a P/E ratio of 18.18, a PEG ratio of 11.29 and a beta of 0.47. The firm’s 50-day moving average is $32.41 and its two-hundred day moving average is $37.77. Tractor Supply Company has a 12 month low of $28.36 and a 12 month high of $62.87.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). The company had revenue of $4.54 billion for the quarter, compared to analyst estimates of $4.58 billion. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. Tractor Supply’s revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. On average, sell-side analysts anticipate that Tractor Supply Company will post 1.93 earnings per share for the current year.

Tractor Supply Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.8%. The ex-dividend date is Monday, August 24th. Tractor Supply’s dividend payout ratio (DPR) is 50.00%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on TSCO. Loop Capital dropped their price objective on shares of Tractor Supply from $41.00 to $35.00 and set a “hold” rating for the company in a report on Tuesday, June 16th. Citigroup reaffirmed a “buy” rating on shares of Tractor Supply in a research note on Thursday, July 16th. Guggenheim set a $40.00 target price on shares of Tractor Supply and gave the company a “buy” rating in a report on Friday, July 24th. Argus set a $41.00 price target on shares of Tractor Supply in a research note on Tuesday, July 28th. Finally, TD Cowen restated a “hold” rating on shares of Tractor Supply in a report on Wednesday, July 15th. Thirteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Tractor Supply currently has an average rating of “Hold” and an average price target 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.