Headlands Technologies LLC Buys 24,515 Shares of Tractor Supply Company $TSCO

Headlands Technologies LLC increased its stake in Tractor Supply Company (NASDAQ:TSCO) by 186.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,632 shares of the specialty retailer’s stock after purchasing an additional 24,515 shares during the quarter. Headlands Technologies LLC’s holdings in Tractor Supply were worth $1,190,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Garner Asset Management Corp bought a new position in shares of Tractor Supply during the 4th quarter valued at $25,000. Elevation Wealth Partners LLC grew its holdings in shares of Tractor Supply by 1,253.4% in the second quarter. Elevation Wealth Partners LLC now owns 785 shares of the specialty retailer’s stock worth $25,000 after acquiring an additional 727 shares during the period. Reflection Asset Management purchased a new stake in Tractor Supply during the fourth quarter valued at $26,000. Comprehensive Financial Planning Inc. PA purchased a new stake in Tractor Supply during the second quarter valued at $26,000. Finally, Core Wealth Advisors LLC bought a new position in Tractor Supply in the fourth quarter valued at about $27,000. Institutional investors own 98.72% of the company’s stock.

Insider Buying and Selling

In other Tractor Supply news, Director Andre J. Hawaux purchased 3,150 shares of Tractor Supply stock in a transaction that occurred on Monday, August 3rd. The shares were bought at an average price of $31.83 per share, for a total transaction of $100,264.50. Following the completion of the transaction, the director owned 3,150 shares of the company’s stock, valued at approximately $100,264.50. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Harry A. Lawton III purchased 15,600 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average cost of $32.15 per share, for a total transaction of $501,540.00. Following the purchase, the chief executive officer owned 15,600 shares of the company’s stock, valued at $501,540. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have acquired 20,310 shares of company stock worth $652,411. Insiders own 0.64% of the company’s stock.

Tractor Supply Trading Up 0.5%

Shares of Tractor Supply stock opened at $34.90 on Tuesday. Tractor Supply Company has a twelve month low of $28.36 and a twelve month high of $62.87. The company has a quick ratio of 0.23, a current ratio of 1.33 and a debt-to-equity ratio of 0.83. The business has a 50-day moving average price of $32.41 and a 200-day moving average price of $37.77. The firm has a market cap of $18.30 billion, a price-to-earnings ratio of 18.18, a PEG ratio of 11.29 and a beta of 0.47.

Tractor Supply (NASDAQ:TSCO) last posted its earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 EPS 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 analysts’ expectations of $4.58 billion. During the same quarter in the prior year, the firm posted $0.81 earnings per share. 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. Equities research analysts anticipate that Tractor Supply Company will post 1.93 EPS for the current fiscal 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 $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 dividend yield of 2.8%. Tractor Supply’s dividend payout ratio (DPR) is 50.00%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on TSCO. Wolfe Research set a $34.00 target price on Tractor Supply in a research report on Thursday, July 16th. Barclays set a $35.00 price objective on Tractor Supply and gave the stock an “equal weight” rating in a research note on Monday, July 13th. TD Cowen reiterated a “hold” rating on shares of Tractor Supply in a research note on Wednesday, July 15th. Robert W. Baird reduced their target price on shares of Tractor Supply from $50.00 to $38.00 and set an “outperform” rating for the company in a report on Monday, July 20th. Finally, Raymond James Financial reduced their target price on shares of Tractor Supply from $48.00 to $40.00 and set an “outperform” rating for the company in a report on Friday, July 17th. Thirteen equities research 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $39.31.

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.