Benjamin Edwards Inc. Sells 202,310 Shares of Tractor Supply Company $TSCO

Benjamin Edwards Inc. decreased its position in shares of Tractor Supply Company (NASDAQ:TSCO) by 19.7% in the 4th quarter, HoldingsChannel reports. The fund owned 823,008 shares of the specialty retailer’s stock after selling 202,310 shares during the period. Benjamin Edwards Inc.’s holdings in Tractor Supply were worth $41,158,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of TSCO. Bison Wealth LLC increased its holdings in shares of Tractor Supply by 356.1% during the fourth quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock valued at $341,000 after acquiring an additional 5,017 shares in the last quarter. Woodline Partners LP increased its holdings in shares of Tractor Supply by 40.7% during the first quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock valued at $2,487,000 after acquiring an additional 13,051 shares in the last quarter. Intech Investment Management LLC increased its holdings in shares of Tractor Supply by 26.9% during the first quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock valued at $1,442,000 after acquiring an additional 5,542 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of Tractor Supply by 1.2% in the second quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock valued at $16,676,000 after purchasing an additional 3,631 shares in the last quarter. Finally, Glenview Trust co lifted its holdings in shares of Tractor Supply by 36.0% in the second quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock valued at $1,036,000 after purchasing an additional 5,194 shares in the last quarter. Institutional investors own 98.72% of the company’s stock.

Insider Transactions at Tractor Supply

In other news, EVP Jonathan S. Estep sold 59,745 shares of the company’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $54.03, for a total value of $3,228,022.35. Following the completion of the transaction, the executive vice president directly owned 80,931 shares in the company, valued at approximately $4,372,701.93. This represents a 42.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Colin Yankee sold 11,170 shares of the company’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $55.35, for a total value of $618,259.50. Following the completion of the transaction, the executive vice president owned 45,515 shares of the company’s stock, valued at $2,519,255.25. The trade was a 19.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 222,348 shares of company stock worth $11,959,621. Company insiders own 0.64% of the company’s stock.

Tractor Supply Price Performance

Shares of NASDAQ TSCO opened at $33.83 on Friday. The firm has a market capitalization of $17.79 billion, a P/E ratio of 16.58, a P/E/G ratio of 1.94 and a beta of 0.51. The company has a quick ratio of 0.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.86. The stock’s 50-day simple moving average is $45.80 and its two-hundred day simple moving average is $50.67. Tractor Supply Company has a twelve month low of $33.65 and a twelve month high of $63.99.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The firm had revenue of $3.59 billion during the quarter, compared to analysts’ expectations of $3.64 billion. During the same quarter in the previous year, the company posted $0.34 earnings per share. Tractor Supply’s revenue for the quarter was up 3.6% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, equities analysts anticipate that Tractor Supply Company will post 2.15 EPS for the current fiscal year.

Tractor Supply Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Tuesday, February 24th. This is an increase from Tractor Supply’s previous quarterly dividend of $0.23. Tractor Supply’s dividend payout ratio (DPR) is currently 47.06%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TSCO. Gordon Haskett dropped their target price on Tractor Supply from $50.00 to $40.00 and set a “hold” rating on the stock in a report on Wednesday, April 22nd. DA Davidson dropped their price target on Tractor Supply from $60.00 to $50.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. Raymond James Financial dropped their price target on Tractor Supply from $60.00 to $48.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 22nd. UBS Group dropped their price target on Tractor Supply from $55.00 to $44.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. Finally, Stephens decreased their price objective 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. Fifteen analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, Tractor Supply presently has an average rating of “Moderate Buy” and an average price target of $47.96.

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.