51,548 Shares in Tractor Supply Company $TSCO Acquired by Diversify Advisory Services LLC

Diversify Advisory Services LLC acquired a new stake in Tractor Supply Company (NASDAQ:TSCO) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 51,548 shares of the specialty retailer’s stock, valued at approximately $1,639,000.

Other large investors have also modified their holdings of the company. BlackRock Inc. purchased a new position in Tractor Supply during the 2nd quarter worth $1,500,967,000. Norges Bank purchased a new stake in shares of Tractor Supply during the 4th quarter worth approximately $303,862,000. Select Equity Group L.P. boosted its position in Tractor Supply by 41.9% during the second quarter. Select Equity Group L.P. now owns 12,713,409 shares of the specialty retailer’s stock worth $670,887,000 after purchasing an additional 3,753,414 shares in the last quarter. Deutsche Bank AG acquired a new stake in Tractor Supply in the 2nd quarter valued at about $103,881,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Tractor Supply in the second quarter valued at approximately $91,772,000. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on TSCO shares. Mizuho set a $28.00 price objective on Tractor Supply and gave the stock a “neutral” rating in a research report on Friday, July 24th. Stephens reduced their price target on Tractor Supply from $53.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 22nd. BNP Paribas Exane lowered their price objective on Tractor Supply from $58.00 to $45.00 and set an “outperform” rating for the company in a research report on Wednesday, April 22nd. Piper Sandler set a $31.00 target price on Tractor Supply and gave the stock a “neutral” rating in a research report on Friday, July 24th. Finally, Argus set a $41.00 price target on Tractor Supply in a research note on Tuesday, July 28th. Thirteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $39.31.

Tractor Supply Stock Performance

Tractor Supply stock opened at $35.44 on Thursday. The firm has a market capitalization of $18.59 billion, a PE ratio of 18.46, a price-to-earnings-growth ratio of 11.29 and a beta of 0.47. Tractor Supply Company has a one year low of $28.36 and a one year high of $62.89. The stock’s 50 day moving average price is $31.67 and its 200 day moving average price is $38.83. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.23 and a current ratio of 1.33.

Tractor Supply (NASDAQ:TSCO) last posted 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 firm had revenue of $4.54 billion for the quarter, compared to analysts’ expectations of $4.58 billion. During the same quarter in the prior year, the business earned $0.81 EPS. The company’s revenue for the quarter was up 2.3% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. As a group, sell-side analysts expect that Tractor Supply Company will post 1.93 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Monday, August 24th. Tractor Supply’s dividend payout ratio is 50.00%.

Insider Transactions at Tractor Supply

In related news, Director Andre J. Hawaux purchased 3,150 shares of Tractor Supply stock in a transaction dated Monday, August 3rd. The shares were acquired at an average price of $31.83 per share, with a total value of $100,264.50. Following the completion of the transaction, the director owned 3,150 shares of the company’s stock, valued at approximately $100,264.50. This trade represents a ? increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Harry A. Lawton III purchased 15,600 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was 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 directly owned 15,600 shares of the company’s stock, valued at approximately $501,540. This represents a ? increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have purchased 20,310 shares of company stock valued at $652,411. Insiders own 0.64% of the company’s stock.

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.