First National Bank of Omaha Makes New $2.63 Million Investment in Tractor Supply Company $TSCO

First National Bank of Omaha bought a new stake in shares of Tractor Supply Company (NASDAQ:TSCO) in the second quarter, Holdings Channel reports. The firm bought 83,165 shares of the specialty retailer’s stock, valued at approximately $2,629,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. increased its holdings in 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 worth $156,108,000 after buying an additional 184,146 shares during the last quarter. Swedbank AB raised its position 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 acquiring an additional 36,495 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in Tractor Supply by 44.2% in 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 acquiring an additional 222,750 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Tractor Supply by 4.4% in 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 acquiring an additional 46,010 shares during the last quarter. Finally, King Luther Capital Management Corp grew its position in Tractor Supply by 1.6% in the fourth quarter. King Luther Capital Management Corp now owns 2,387,723 shares of the specialty retailer’s stock worth $119,410,000 after acquiring an additional 36,778 shares in the last quarter. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TSCO has been the topic of several analyst reports. Telsey Advisory Group dropped their price target on shares of Tractor Supply from $40.00 to $38.00 and set an “outperform” rating on the stock in a research note on Friday, July 24th. Citigroup reaffirmed a “buy” rating on shares of Tractor Supply in a research note on Thursday, July 16th. Piper Sandler set a $31.00 price objective on shares of Tractor Supply and gave the stock a “neutral” rating in a report on Friday, July 24th. Gordon Haskett increased their target price on shares of Tractor Supply from $40.00 to $50.00 in a research report on Friday, June 12th. Finally, Morgan Stanley reissued a “negative” rating and set a $35.00 target price on shares of Tractor Supply in a research report on Friday, July 24th. Thirteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $39.31.

Tractor Supply Price Performance

NASDAQ TSCO opened at $35.44 on Thursday. The stock has a 50-day simple moving average of $31.67 and a 200 day simple moving average of $38.83. Tractor Supply Company has a twelve month low of $28.36 and a twelve month high of $62.89. The stock has a market capitalization of $18.59 billion, a PE ratio of 18.46, a P/E/G ratio of 11.29 and a beta of 0.47. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.23 and a current ratio of 1.33.

Tractor Supply (NASDAQ:TSCO) last released its earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). The business had revenue of $4.54 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the business earned $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Research analysts anticipate that Tractor Supply Company will post 1.93 EPS for the current year.

Tractor Supply Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, August 24th. Tractor Supply’s dividend payout ratio is currently 50.00%.

Insider Transactions at Tractor Supply

In related news, Director Andre J. Hawaux acquired 3,150 shares of the stock in a transaction dated Monday, August 3rd. The shares were acquired at an average price of $31.83 per share, for a total transaction of $100,264.50. Following the completion of the purchase, the director owned 3,150 shares in the company, valued at approximately $100,264.50. The trade was 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 bought 1,560 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were bought at an average cost of $32.44 per share, for a total transaction of $50,606.40. Following the transaction, the director directly owned 279,720 shares of the company’s stock, valued at $9,074,116.80. This trade represents a 0.56% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have purchased 20,310 shares of company stock worth $652,411. Insiders own 0.64% of the company’s stock.

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.