90,610 Shares in Tractor Supply Company $TSCO Purchased by Dearborn Partners LLC

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

Several other institutional investors have also recently bought and sold shares of the company. Advyzon Investment Management LLC grew its stake in shares of Tractor Supply by 4.3% during the 4th quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer’s stock worth $223,000 after acquiring an additional 183 shares in the last quarter. Geneos Wealth Management Inc. lifted its position 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 purchasing an additional 220 shares in the last quarter. Aptus Capital Advisors LLC lifted its position in shares of Tractor Supply by 0.4% in the fourth quarter. Aptus Capital Advisors LLC now owns 56,698 shares of the specialty retailer’s stock worth $2,835,000 after purchasing an additional 222 shares in the last quarter. Larson Financial Group LLC boosted its holdings in Tractor Supply by 10.0% during the fourth quarter. Larson Financial Group LLC now owns 2,477 shares of the specialty retailer’s stock worth $124,000 after purchasing an additional 225 shares during the last quarter. Finally, TD Private Client Wealth LLC boosted its holdings in Tractor Supply by 11.6% during the fourth quarter. TD Private Client Wealth LLC now owns 2,201 shares of the specialty retailer’s stock worth $110,000 after purchasing an additional 228 shares during the last quarter. Institutional investors own 98.72% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on TSCO shares. Robert W. Baird lowered their price target on shares of Tractor Supply from $50.00 to $38.00 and set an “outperform” rating on the stock in a research note on Monday, July 20th. Truist Financial set a $32.00 price objective on shares of Tractor Supply and gave the stock a “hold” rating in a research note on Tuesday, June 16th. UBS Group set a $33.00 price objective on Tractor Supply and gave the company a “neutral” rating in a report on Tuesday, July 14th. Wolfe Research set a $34.00 target price on Tractor Supply in a research report on Thursday, July 16th. Finally, Piper Sandler set a $31.00 target price on Tractor Supply and gave the stock a “neutral” rating in a report on Friday, July 24th. Thirteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $39.31.

Tractor Supply Trading Down 0.9%

Tractor Supply 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 company has a debt-to-equity ratio of 0.83, a quick ratio of 0.23 and a current ratio of 1.33. The stock has a market capitalization of $18.20 billion, a P/E ratio of 18.07, a PEG ratio of 11.39 and a beta of 0.47. The stock has a 50-day simple moving average of $32.22 and a 200 day simple moving average of $38.04.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.01). Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The business had revenue of $4.54 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter in the prior year, the company earned $0.81 EPS. Tractor Supply’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. Analysts expect that Tractor Supply Company will post 1.93 earnings per share for the current year.

Tractor Supply Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors 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 dividend on an annualized basis and a dividend yield of 2.8%. Tractor Supply’s payout ratio is presently 50.00%.

Insider Activity at Tractor Supply

In other Tractor Supply news, CEO Harry A. Lawton III purchased 15,600 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average price of $32.15 per share, for a total transaction of $501,540.00. Following the purchase, the chief executive officer owned 15,600 shares in the company, valued at approximately $501,540. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Andre J. Hawaux purchased 3,150 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were acquired at an average cost of $31.83 per share, with a total value of $100,264.50. Following the acquisition, the director directly owned 3,150 shares in the company, valued at approximately $100,264.50. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have acquired 20,310 shares of company stock worth $652,411. Company insiders own 0.64% of the company’s stock.

Tractor Supply Company 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.