Tractor Supply Company $TSCO Stock Holdings Boosted by Hixon Zuercher LLC

Hixon Zuercher LLC lifted its position in Tractor Supply Company (NASDAQ:TSCO) by 52.4% during the second quarter, Holdings Channel reports. The institutional investor owned 43,462 shares of the specialty retailer’s stock after buying an additional 14,936 shares during the quarter. Hixon Zuercher LLC’s holdings in Tractor Supply were worth $1,374,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Goldman Sachs Group Inc. grew its holdings in shares of Tractor Supply by 6.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,121,526 shares of the specialty retailer’s stock valued at $156,108,000 after purchasing an additional 184,146 shares in the last quarter. Swedbank AB raised its stake in Tractor Supply by 3.3% during the fourth quarter. Swedbank AB now owns 1,129,182 shares of the specialty retailer’s stock valued at $56,470,000 after purchasing an additional 36,495 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its position in Tractor Supply by 44.2% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 727,125 shares of the specialty retailer’s stock valued at $36,364,000 after purchasing an additional 222,750 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Tractor Supply by 4.4% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,103,395 shares of the specialty retailer’s stock valued at $56,086,000 after purchasing an additional 46,010 shares during the last quarter. Finally, King Luther Capital Management Corp grew its stake in shares of Tractor Supply by 1.6% in the 4th quarter. King Luther Capital Management Corp now owns 2,387,723 shares of the specialty retailer’s stock worth $119,410,000 after buying an additional 36,778 shares in the last quarter. Institutional investors own 98.72% of the company’s stock.

Tractor Supply Stock Performance

Tractor Supply stock opened at $36.43 on Thursday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.33 and a quick ratio of 0.23. The firm has a market capitalization of $19.11 billion, a P/E ratio of 18.97, a price-to-earnings-growth ratio of 11.48 and a beta of 0.47. Tractor Supply Company has a 1-year low of $28.36 and a 1-year high of $62.89. The company’s 50-day moving average is $31.13 and its 200 day moving average is $39.50.

Tractor Supply (NASDAQ:TSCO) last announced its earnings results 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 for the quarter, compared to analysts’ expectations of $4.58 billion. During the same quarter last year, the firm earned $0.81 EPS. The firm’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. Research analysts forecast that Tractor Supply Company will post 1.93 EPS for the current year.

Tractor Supply Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Monday, August 24th. Tractor Supply’s dividend payout ratio (DPR) is 50.00%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Robert W. Baird reduced their price objective on Tractor Supply from $50.00 to $38.00 and set an “outperform” rating on the stock in a research note on Monday, July 20th. Wall Street Zen cut Tractor Supply from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. JPMorgan Chase & Co. cut their target price on Tractor Supply from $55.00 to $48.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. Evercore restated an “outperform” rating and set a $40.00 price target on shares of Tractor Supply in a report on Tuesday, July 7th. Finally, Mizuho set a $28.00 price target on Tractor Supply and gave the stock a “neutral” rating in a research report on Friday, July 24th. Thirteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $39.31.

Insider Transactions at Tractor Supply

In related news, Director Andre J. Hawaux acquired 3,150 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was bought at an average price of $31.83 per share, for a total transaction of $100,264.50. Following the acquisition, the director directly owned 3,150 shares of the company’s stock, valued at $100,264.50. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Edna Morris acquired 1,560 shares of the stock in a transaction on Tuesday, August 4th. The stock was bought at an average cost of $32.44 per share, with a total value of $50,606.40. Following the completion of the transaction, the director owned 279,720 shares in the company, valued at $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 have purchased 20,310 shares of company stock worth $652,411. 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.