Brown Financial Advisors Buys New Position in Tractor Supply Company $TSCO

Brown Financial Advisors bought a new stake in Tractor Supply Company (NASDAQ:TSCO) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 15,480 shares of the specialty retailer’s stock, valued at approximately $489,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Advyzon Investment Management LLC boosted its stake in shares of Tractor Supply by 4.3% in the fourth quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer’s stock valued at $223,000 after purchasing an additional 183 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Tractor Supply by 22.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer’s stock worth $63,000 after buying an additional 220 shares in the last quarter. Aptus Capital Advisors LLC boosted its position in Tractor Supply by 0.4% in the 4th quarter. Aptus Capital Advisors LLC now owns 56,698 shares of the specialty retailer’s stock valued at $2,835,000 after buying an additional 222 shares during the period. Larson Financial Group LLC grew its stake in shares of Tractor Supply by 10.0% in the fourth quarter. Larson Financial Group LLC now owns 2,477 shares of the specialty retailer’s stock worth $124,000 after acquiring an additional 225 shares in the last quarter. Finally, TD Private Client Wealth LLC increased its position in shares of Tractor Supply by 11.6% during the fourth quarter. TD Private Client Wealth LLC now owns 2,201 shares of the specialty retailer’s stock worth $110,000 after acquiring an additional 228 shares during the period. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Tractor Supply

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

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on TSCO shares. TD Cowen reiterated a “hold” rating on shares of Tractor Supply in a report on Wednesday, July 15th. Piper Sandler set a $31.00 price objective on Tractor Supply and gave the company a “neutral” rating in a research note on Friday, July 24th. Raymond James Financial cut their target price on shares of Tractor Supply from $48.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday, July 17th. Zacks Research downgraded shares of Tractor Supply from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $38.00 price target (down from $43.00) on shares of Tractor Supply in a report on Friday, July 24th. Thirteen investment 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 has an average rating of “Hold” and a consensus price target of $39.31.

Tractor Supply Price Performance

Shares of NASDAQ TSCO opened at $34.99 on Monday. The business has a 50-day moving average of $32.76 and a two-hundred day moving average of $37.21. The company has a market capitalization of $18.35 billion, a price-to-earnings ratio of 18.22, a price-to-earnings-growth ratio of 3.77 and a beta of 0.48. Tractor Supply Company has a 1 year low of $28.36 and a 1 year high of $60.87. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.33 and a quick ratio of 0.23.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $4.58 billion. During the same quarter in the previous year, the company posted $0.81 EPS. The company’s revenue was up 2.3% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. On average, analysts forecast that Tractor Supply Company will post 1.93 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

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

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.