Saudi Central Bank Acquires 17,317 Shares of Tractor Supply Company $TSCO

Saudi Central Bank lifted its stake in Tractor Supply Company (NASDAQ:TSCO) by 88.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,821 shares of the specialty retailer’s stock after purchasing an additional 17,317 shares during the period. Saudi Central Bank’s holdings in Tractor Supply were worth $1,164,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of TSCO. Advyzon Investment Management LLC grew its holdings in Tractor Supply by 4.3% during the fourth quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer’s stock valued at $223,000 after purchasing an additional 183 shares during the period. Geneos Wealth Management Inc. raised its stake in shares of Tractor Supply by 22.7% in the second quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer’s stock worth $63,000 after buying an additional 220 shares during the period. Aptus Capital Advisors LLC lifted its position in shares of Tractor Supply by 0.4% during the 4th quarter. Aptus Capital Advisors LLC now owns 56,698 shares of the specialty retailer’s stock valued at $2,835,000 after buying an additional 222 shares in the last quarter. Larson Financial Group LLC lifted its position in shares of Tractor Supply by 10.0% during the 4th quarter. Larson Financial Group LLC now owns 2,477 shares of the specialty retailer’s stock valued at $124,000 after buying an additional 225 shares in the last quarter. Finally, TD Private Client Wealth LLC lifted its position in shares of Tractor Supply by 11.6% during the 4th quarter. TD Private Client Wealth LLC now owns 2,201 shares of the specialty retailer’s stock valued at $110,000 after buying an additional 228 shares in the last quarter. 98.72% of the stock is owned by institutional investors.

Tractor Supply Price Performance

TSCO stock opened at $35.29 on Wednesday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.23 and a current ratio of 1.33. The company’s fifty day moving average price is $32.91 and its 200-day moving average price is $36.96. Tractor Supply Company has a one year low of $28.36 and a one year high of $60.85. The company has a market capitalization of $18.51 billion, a PE ratio of 18.38, a price-to-earnings-growth ratio of 3.77 and a beta of 0.48.

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

Tractor Supply Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th were given a dividend of $0.24 per share. The ex-dividend date was Monday, August 24th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.7%. Tractor Supply’s dividend payout ratio (DPR) is presently 50.00%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on TSCO shares. DA Davidson reduced their target price on shares of Tractor Supply from $50.00 to $40.00 and set a “buy” rating for the company in a report on Monday, June 22nd. Mizuho set a $28.00 price target on shares of Tractor Supply and gave the company a “neutral” rating in a report on Friday, July 24th. Truist Financial set a $32.00 price target on shares of Tractor Supply and gave the stock a “hold” rating in a research report on Tuesday, June 16th. Morgan Stanley reissued a “negative” rating and issued a $35.00 price objective on shares of Tractor Supply in a research note on Friday, July 24th. Finally, Loop Capital decreased their price objective on shares of Tractor Supply from $41.00 to $35.00 and set a “hold” rating on the stock in a research report on Tuesday, June 16th. Thirteen investment 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.com, Tractor Supply has an average rating of “Hold” and a consensus price target of $39.31.

Insider Transactions at Tractor Supply

In other news, CEO Harry Lawton, III bought 15,600 shares of Tractor Supply stock in a transaction dated Tuesday, August 4th. The shares were purchased at an average cost of $32.15 per share, with a total value of $501,540.00. Following the completion of the acquisition, the chief executive officer owned 15,600 shares of the company’s stock, valued at $501,540. This trade represents a ? increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Edna Morris bought 1,560 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was purchased at an average price of $32.44 per share, for a total transaction of $50,606.40. Following the completion of the transaction, 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 position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have bought 20,310 shares of company stock valued at $652,411. 0.64% of the stock is currently owned by insiders.

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.