210,045 Shares in Tractor Supply Company $TSCO Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new position in shares of Tractor Supply Company (NASDAQ:TSCO) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 210,045 shares of the specialty retailer’s stock, valued at approximately $6,640,000.

Several other large investors have also added to or reduced their stakes in TSCO. BlackRock Inc. acquired a new stake in shares of Tractor Supply during the second quarter worth about $1,500,967,000. Capital International Investors increased its holdings in Tractor Supply by 3.9% in the 4th quarter. Capital International Investors now owns 24,279,046 shares of the specialty retailer’s stock worth $1,214,390,000 after buying an additional 902,659 shares during the period. State Street Corp increased its holdings in Tractor Supply by 0.7% in the 4th quarter. State Street Corp now owns 23,051,776 shares of the specialty retailer’s stock worth $1,152,819,000 after buying an additional 162,774 shares during the period. Invesco Ltd. raised its position in Tractor Supply by 18.4% during the 4th quarter. Invesco Ltd. now owns 17,433,611 shares of the specialty retailer’s stock worth $871,855,000 after buying an additional 2,706,819 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in Tractor Supply by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 15,873,514 shares of the specialty retailer’s stock worth $791,703,000 after buying an additional 184,457 shares during the last quarter. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on TSCO shares. Piper Sandler set a $31.00 price objective on shares of Tractor Supply and gave the company a “neutral” rating in a report on Friday, July 24th. Wells Fargo & Company reduced their target price on shares of Tractor Supply from $47.00 to $35.00 and set an “overweight” rating for the company in a report on Wednesday, July 15th. The Goldman Sachs Group restated a “buy” rating and set a $38.00 target price (down from $43.00) on shares of Tractor Supply in a research report on Friday, July 24th. Weiss Ratings lowered Tractor Supply from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, July 23rd. Finally, Robert W. Baird reduced their price objective on Tractor Supply from $50.00 to $38.00 and set an “outperform” rating for the company in a research note on Monday, July 20th. Thirteen equities research 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. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $39.31.

Tractor Supply Stock Up 2.7%

TSCO stock opened at $35.92 on Tuesday. Tractor Supply Company has a one year low of $28.36 and a one year high of $62.89. 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 firm’s fifty day moving average is $31.92 and its 200 day moving average is $38.47. The firm has a market cap of $18.84 billion, a PE ratio of 18.71, a P/E/G ratio of 11.38 and a beta of 0.47.

Tractor Supply (NASDAQ:TSCO) last issued 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). Tractor Supply had a return on equity of 41.74% and a net margin of 6.42%.The firm had revenue of $4.54 billion during the quarter, compared to analyst estimates of $4.58 billion. During the same quarter last year, the company posted $0.81 EPS. The company’s 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. On average, research analysts forecast that Tractor Supply Company will post 1.93 EPS for the current year.

Tractor Supply Dividend Announcement

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

Insiders Place Their Bets

In other Tractor Supply news, Director Edna Morris purchased 1,560 shares of the stock in a transaction on Tuesday, August 4th. The shares were bought at an average price of $32.44 per share, for a total transaction of $50,606.40. Following the completion of the transaction, the director 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 transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Andre J. Hawaux acquired 3,150 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was acquired at an average cost of $31.83 per share, for a total transaction of $100,264.50. Following the completion of the acquisition, the director owned 3,150 shares of the company’s stock, valued at $100,264.50. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have acquired 20,310 shares of company stock worth $652,411. 0.64% of the stock is owned by corporate 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.