Sei Investments Co. Buys 87,653 Shares of Tractor Supply Company $TSCO

Sei Investments Co. increased its position in shares of Tractor Supply Company (NASDAQ:TSCO) by 40.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 305,512 shares of the specialty retailer’s stock after purchasing an additional 87,653 shares during the period. Sei Investments Co.’s holdings in Tractor Supply were worth $13,840,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Advyzon Investment Management LLC raised its position in Tractor Supply by 4.3% in 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 last quarter. Field & Main Bank raised its holdings in Tractor Supply by 1.1% during the fourth quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock worth $942,000 after buying an additional 200 shares during the last quarter. Oak Thistle LLC raised its holdings in shares of Tractor Supply by 0.9% in the 4th quarter. Oak Thistle LLC now owns 24,911 shares of the specialty retailer’s stock worth $1,246,000 after acquiring an additional 215 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Tractor Supply by 22.7% during the second quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer’s stock valued at $63,000 after buying an additional 220 shares during the last quarter. Finally, Aptus Capital Advisors LLC grew its stake in shares of Tractor Supply by 0.4% in the 4th quarter. Aptus Capital Advisors LLC now owns 56,698 shares of the specialty retailer’s stock worth $2,835,000 after acquiring an additional 222 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors.

Tractor Supply Price Performance

Shares of Tractor Supply stock opened at $30.21 on Friday. The firm has a market cap of $15.84 billion, a PE ratio of 15.73, a PEG ratio of 10.08 and a beta of 0.46. The company has a current ratio of 1.33, a quick ratio of 0.23 and a debt-to-equity ratio of 0.83. The stock has a 50 day moving average of $30.60 and a 200 day moving average of $40.62. Tractor Supply Company has a 12 month low of $28.36 and a 12 month high of $62.89.

Tractor Supply (NASDAQ:TSCO) last released its quarterly 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 quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. On average, research analysts expect that Tractor Supply Company will post 1.93 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th were issued a $0.24 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.2%. Tractor Supply’s payout ratio is presently 50.00%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on TSCO. Wolfe Research set a $34.00 price target on Tractor Supply in a research report on Thursday, July 16th. TD Cowen reissued a “hold” rating on shares of Tractor Supply in a report on Wednesday, July 15th. Zacks Research lowered shares of Tractor Supply from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. Gordon Haskett lifted their price target on Tractor Supply from $40.00 to $50.00 in a research report on Friday, June 12th. Finally, Raymond James Financial lowered their price objective on shares of Tractor Supply from $48.00 to $40.00 and set an “outperform” rating for the company in a report on Friday, July 17th. Thirteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Tractor Supply 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.