77,680 Shares in Tractor Supply Company $TSCO Bought by Empowered Funds LLC

Empowered Funds LLC purchased a new stake in shares of Tractor Supply Company (NASDAQ:TSCO) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 77,680 shares of the specialty retailer’s stock, valued at approximately $2,455,000.

A number of other large investors have also added to or reduced their stakes in TSCO. Advyzon Investment Management LLC raised its stake in shares of Tractor Supply by 4.3% during 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 last quarter. Geneos Wealth Management Inc. grew its stake in shares of Tractor Supply by 22.7% in the second 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 last quarter. Aptus Capital Advisors LLC grew its stake in shares of Tractor Supply by 0.4% in the fourth 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 last quarter. Larson Financial Group LLC increased its holdings in 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 during the period. Finally, TD Private Client Wealth LLC raised its position in 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 during the last quarter. Institutional investors own 98.72% of the company’s stock.

Tractor Supply Price Performance

TSCO opened at $34.86 on Thursday. The company has a current ratio of 1.33, a quick ratio of 0.23 and a debt-to-equity ratio of 0.83. The company has a market cap of $18.28 billion, a price-to-earnings ratio of 18.16, a price-to-earnings-growth ratio of 3.74 and a beta of 0.48. The stock has a fifty day simple moving average of $32.61 and a two-hundred day simple moving average of $37.49. Tractor Supply Company has a 12-month low of $28.36 and a 12-month high of $61.55.

Tractor Supply (NASDAQ:TSCO) last announced 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 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 the consensus estimate of $4.58 billion. During the same quarter last year, the firm posted $0.81 EPS. The business’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 predict that Tractor Supply Company will post 1.93 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

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 given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Monday, August 24th. Tractor Supply’s dividend payout ratio (DPR) is 50.00%.

Analyst Upgrades and Downgrades

TSCO has been the topic of several recent analyst reports. Robert W. Baird cut their price target on shares of Tractor Supply from $50.00 to $38.00 and set an “outperform” rating on the stock in a report on Monday, July 20th. Mizuho set a $28.00 price target on shares of Tractor Supply and gave the company a “neutral” rating in a research report on Friday, July 24th. Evercore reissued an “outperform” rating and issued a $40.00 price target on shares of Tractor Supply in a research note on Tuesday, July 7th. DA Davidson lowered their price objective on shares of Tractor Supply from $50.00 to $40.00 and set a “buy” rating for the company in a report on Monday, June 22nd. Finally, Loop Capital cut their price objective on Tractor Supply from $41.00 to $35.00 and set a “hold” rating on the stock in a research report on Tuesday, June 16th. Thirteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Tractor Supply currently has an average rating of “Hold” and an average price target of $39.31.

Insider Activity at Tractor Supply

In other Tractor Supply news, Director Edna Morris bought 1,560 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was acquired at an average price of $32.44 per share, with a total value of $50,606.40. Following the completion of the purchase, the director owned 279,720 shares of the company’s stock, valued at approximately $9,074,116.80. This trade represents a 0.56% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Harry A. Lawton III bought 15,600 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were acquired at an average cost of $32.15 per share, with a total value of $501,540.00. Following the purchase, the chief executive officer directly owned 15,600 shares of the company’s stock, valued at approximately $501,540. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 20,310 shares of company stock valued at $652,411 in the last three months. Company 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.