Tractor Supply Company $TSCO Shares Acquired by IFP Advisors Inc

IFP Advisors Inc increased its stake in Tractor Supply Company (NASDAQ:TSCO) by 423.8% in the second quarter, Holdings Channel reports. The institutional investor owned 36,280 shares of the specialty retailer’s stock after acquiring an additional 29,354 shares during the quarter. IFP Advisors Inc’s holdings in Tractor Supply were worth $1,147,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in TSCO. Bison Wealth LLC grew its holdings in Tractor Supply by 356.1% during the 4th quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock worth $341,000 after acquiring an additional 5,017 shares in the last quarter. Woodline Partners LP increased its position in shares of Tractor Supply by 40.7% in the 1st quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock worth $2,487,000 after purchasing an additional 13,051 shares during the last quarter. Intech Investment Management LLC increased its position in shares of Tractor Supply by 26.9% in the 1st quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock worth $1,442,000 after purchasing an additional 5,542 shares during the last quarter. Sei Investments Co. raised its stake in shares of Tractor Supply by 1.2% in the 2nd 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 raised its stake in shares of Tractor Supply by 36.0% in the 2nd 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. 98.72% of the stock is owned by institutional investors and hedge funds.

Tractor Supply Trading Up 3.2%

Tractor Supply stock opened at $36.43 on Thursday. Tractor Supply Company has a 1 year low of $28.36 and a 1 year high of $62.89. The firm’s 50-day moving average is $31.13 and its 200-day moving average is $39.50. 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 has a market cap of $19.11 billion, a P/E ratio of 18.97, a PEG ratio of 11.48 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 for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). The business had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.58 billion. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. Tractor Supply’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. On average, equities analysts expect that Tractor Supply Company will post 1.93 earnings per share for the current 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 issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.96 annualized dividend and a dividend yield of 2.6%. Tractor Supply’s dividend payout ratio is 50.00%.

Wall Street Analysts Forecast Growth

TSCO has been the subject of a number of research reports. Daiwa Securities Group decreased their price target on Tractor Supply from $52.00 to $41.00 and set a “neutral” rating for the company in a research note on Thursday, April 23rd. Stephens cut 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. Argus set a $41.00 target price on Tractor Supply in a report on Tuesday, July 28th. Citigroup reiterated a “buy” rating on shares of Tractor Supply in a research report on Thursday, July 16th. Finally, Robert W. Baird lowered their price target on Tractor Supply from $50.00 to $38.00 and set an “outperform” rating for the company in a report on Monday, July 20th. Thirteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $39.31.

Insider Activity

In related news, CEO Harry A. Lawton III purchased 15,600 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average price of $32.15 per share, with a total value of $501,540.00. Following the acquisition, the chief executive officer owned 15,600 shares in the company, valued at approximately $501,540. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Edna Morris acquired 1,560 shares of Tractor Supply stock in a transaction that occurred on Tuesday, August 4th. The shares were bought at an average price of $32.44 per share, with a total value of $50,606.40. Following the transaction, the director directly owned 279,720 shares in the company, valued at approximately $9,074,116.80. This trade represents a 0.56% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders purchased 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.