Dearborn Partners LLC Invests $2.86 Million in Tractor Supply Company $TSCO

Dearborn Partners LLC purchased a new position in shares of Tractor Supply Company (NASDAQ:TSCO) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 90,610 shares of the specialty retailer’s stock, valued at approximately $2,864,000.

Other institutional investors have also added to or reduced their stakes in the company. JPL Wealth Management LLC acquired a new position in Tractor Supply in the 3rd quarter valued at $28,000. Garner Asset Management Corp acquired a new stake in shares of Tractor Supply during the fourth quarter worth $25,000. Reflection Asset Management acquired a new stake in shares of Tractor Supply during the fourth quarter worth $26,000. Core Wealth Advisors LLC bought a new stake in shares of Tractor Supply in the fourth quarter valued at about $27,000. Finally, Bayban bought a new stake in shares of Tractor Supply in the fourth quarter valued at about $28,000. 98.72% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Andre J. Hawaux acquired 3,150 shares of the 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 completion of the transaction, the director directly owned 3,150 shares in the company, valued at approximately $100,264.50. This trade represents a ? increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Edna Morris bought 1,560 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were acquired at an average price of $32.44 per share, with a total value of $50,606.40. Following the completion of the purchase, the director directly owned 279,720 shares of the company’s stock, valued at approximately $9,074,116.80. The trade was a 0.56% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have bought 20,310 shares of company stock worth $652,411. Corporate insiders own 0.64% of the company’s stock.

Tractor Supply Stock Down 0.9%

TSCO stock opened at $34.70 on Friday. Tractor Supply Company has a 52 week low of $28.36 and a 52 week high of $62.87. The business has a 50-day simple moving average of $32.22 and a 200 day simple moving average of $38.04. 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 cap of $18.20 billion, a PE ratio of 18.07, a price-to-earnings-growth ratio of 11.39 and a beta of 0.47.

Tractor Supply (NASDAQ:TSCO) 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 return on equity of 41.74% and a net margin of 6.42%.The firm had revenue of $4.54 billion for the quarter, compared to analyst estimates of $4.58 billion. During the same quarter in the previous year, the company earned $0.81 earnings per share. The company’s quarterly revenue was up 2.3% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Sell-side analysts anticipate that Tractor Supply Company will post 1.93 EPS for the current fiscal year.

Tractor Supply Announces Dividend

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

Analyst Ratings Changes

A number of research firms recently commented on TSCO. Zacks Research lowered shares of Tractor Supply from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. Barclays set a $35.00 price objective on shares of Tractor Supply and gave the company an “equal weight” rating in a report on Monday, July 13th. Telsey Advisory Group decreased their target price on shares of Tractor Supply from $40.00 to $38.00 and set an “outperform” rating on the stock in a research report on Friday, July 24th. Robert W. Baird lowered their target price on shares of Tractor Supply from $50.00 to $38.00 and set an “outperform” rating on the stock in a report on Monday, July 20th. Finally, Mizuho set a $28.00 price target on shares of Tractor Supply and gave the company a “neutral” rating in a research 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 issued a Sell rating to the stock. According to data from MarketBeat, the stock 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.