Royal London Asset Management Ltd. Lowers Holdings in Tractor Supply Company $TSCO

Royal London Asset Management Ltd. trimmed its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 36.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 248,751 shares of the specialty retailer’s stock after selling 140,190 shares during the period. Royal London Asset Management Ltd.’s holdings in Tractor Supply were worth $7,863,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of TSCO. Advyzon Investment Management LLC lifted its holdings 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 acquiring an additional 183 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of Tractor Supply by 22.7% during the 2nd 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 during the period. Aptus Capital Advisors LLC grew its stake 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 worth $2,835,000 after purchasing an additional 222 shares during the period. Larson Financial Group LLC increased its holdings 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 purchasing an additional 225 shares in the last quarter. Finally, TD Private Client Wealth LLC increased its holdings 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 purchasing an additional 228 shares in the last quarter. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Tractor Supply Trading Up 0.5%

Shares of NASDAQ:TSCO opened at $34.90 on Tuesday. The business’s 50 day moving average price is $32.41 and its 200-day moving average price is $37.77. Tractor Supply Company has a 1 year low of $28.36 and a 1 year high of $62.87. The firm has a market capitalization of $18.30 billion, a price-to-earnings ratio of 18.18, a price-to-earnings-growth ratio of 11.29 and a beta of 0.47. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.33 and a quick ratio of 0.23.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.01). The company had revenue of $4.54 billion during the quarter, compared to analysts’ expectations of $4.58 billion. Tractor Supply had a return on equity of 41.74% and a net margin of 6.42%.Tractor Supply’s revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. On average, equities research analysts forecast that Tractor Supply Company will post 1.93 earnings per share for the current fiscal 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 paid 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 currently 50.00%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on TSCO shares. Telsey Advisory Group decreased their target price on shares of Tractor Supply from $40.00 to $38.00 and set an “outperform” rating for the company in a research note on Friday, July 24th. Evercore reaffirmed an “outperform” rating and issued a $40.00 price objective on shares of Tractor Supply in a report on Tuesday, July 7th. Mizuho set a $28.00 price objective on shares of Tractor Supply and gave the company a “neutral” rating in a report on Friday, July 24th. Raymond James Financial decreased their price objective on shares of Tractor Supply from $48.00 to $40.00 and set an “outperform” rating for the company in a research report on Friday, July 17th. Finally, Loop Capital lowered their target price on shares of Tractor Supply from $41.00 to $35.00 and set a “hold” rating on the stock in a research note on Tuesday, June 16th. Thirteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $39.31.

Insider Transactions at Tractor Supply

In related news, Director Andre J. Hawaux purchased 3,150 shares of Tractor Supply stock in a transaction that occurred on Monday, August 3rd. The stock was purchased at an average price of $31.83 per share, for a total transaction of $100,264.50. Following the transaction, the director directly owned 3,150 shares in the company, valued at approximately $100,264.50. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Edna Morris purchased 1,560 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was bought at an average cost of $32.44 per share, for a total transaction of $50,606.40. Following the completion of the purchase, the director directly owned 279,720 shares in the company, valued at $9,074,116.80. This represents a 0.56% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 20,310 shares of company stock valued at $652,411 over the last 90 days. Corporate insiders own 0.64% of the company’s stock.

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.