Ticino Wealth Boosts Holdings in Tractor Supply Company $TSCO

Ticino Wealth increased its position in Tractor Supply Company (NASDAQ:TSCO) by 349.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,816 shares of the specialty retailer’s stock after purchasing an additional 23,964 shares during the period. Ticino Wealth’s holdings in Tractor Supply were worth $974,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Garner Asset Management Corp purchased a new position in Tractor Supply in the fourth quarter worth about $25,000. Elevation Wealth Partners LLC lifted 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 buying an additional 727 shares in the last quarter. Reflection Asset Management purchased a new stake in shares of Tractor Supply during the fourth quarter valued at approximately $26,000. Core Wealth Advisors LLC purchased a new stake in shares of Tractor Supply during the fourth quarter valued at approximately $27,000. Finally, Community Financial Services Group LLC increased its position in shares of Tractor Supply by 3,240.0% during the second quarter. Community Financial Services Group LLC now owns 835 shares of the specialty retailer’s stock valued at $27,000 after acquiring an additional 810 shares in the last quarter. 98.72% of the stock is owned by hedge funds and other institutional investors.

Tractor Supply Price Performance

NASDAQ TSCO opened at $36.43 on Thursday. The stock has a market capitalization of $19.11 billion, a price-to-earnings ratio of 18.97, a PEG ratio of 11.48 and a beta of 0.47. Tractor Supply Company has a 1-year low of $28.36 and a 1-year high of $62.89. 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 business’s fifty day moving average price is $31.13 and its 200-day moving average price is $39.50.

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

Tractor Supply Announces Dividend

The company 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 $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Monday, August 24th. Tractor Supply’s dividend payout ratio (DPR) is presently 50.00%.

Insider Buying and Selling at Tractor Supply

In other news, Director Andre J. Hawaux purchased 3,150 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was acquired at an average cost of $31.83 per share, for a total transaction of $100,264.50. Following the purchase, the director directly owned 3,150 shares in the company, valued at $100,264.50. This trade represents a ? increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Harry A. Lawton III purchased 15,600 shares of Tractor Supply stock in a transaction dated Tuesday, August 4th. The shares were acquired at an average cost of $32.15 per share, with a total value of $501,540.00. Following the transaction, the chief executive officer directly owned 15,600 shares in the company, valued at approximately $501,540. The trade was a ? increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought a total of 20,310 shares of company stock worth $652,411 in the last three months. 0.64% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

TSCO has been the subject of a number of recent analyst reports. Loop Capital decreased 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. Mizuho set a $28.00 target price on Tractor Supply and gave the company a “neutral” rating in a research note on Friday, July 24th. Wall Street Zen lowered Tractor Supply from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. TD Cowen restated a “hold” rating on shares of Tractor Supply in a research note on Wednesday, July 15th. Finally, Zacks Research downgraded Tractor Supply from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. Thirteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Tractor Supply currently has an average rating of “Hold” and a consensus target price of $39.31.

About Tractor Supply

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.