81,349 Shares in Tractor Supply Company $TSCO Purchased by Csenge Advisory Group

Csenge Advisory Group purchased a new stake in shares of Tractor Supply Company (NASDAQ:TSCO) in the 2nd quarter, Holdings Channel reports. The fund purchased 81,349 shares of the specialty retailer’s stock, valued at approximately $2,571,000.

Several other institutional investors and hedge funds have also recently modified their holdings of TSCO. Bison Wealth LLC grew its stake in Tractor Supply by 356.1% in the fourth quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock valued at $341,000 after purchasing an additional 5,017 shares during the last quarter. Woodline Partners LP lifted its position in shares of Tractor Supply by 40.7% during the first quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock valued at $2,487,000 after buying an additional 13,051 shares during the last quarter. Intech Investment Management LLC lifted its position in shares of Tractor Supply by 26.9% during the first quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock valued at $1,442,000 after buying an additional 5,542 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of Tractor Supply by 1.2% in the 2nd quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock valued at $16,676,000 after buying an additional 3,631 shares in the last quarter. Finally, Glenview Trust co boosted its holdings in shares of Tractor Supply by 36.0% in the 2nd quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock valued at $1,036,000 after buying an additional 5,194 shares in the last quarter. Institutional investors own 98.72% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Gordon Haskett lifted their price target on shares of Tractor Supply from $40.00 to $50.00 in a report on Friday, June 12th. Weiss Ratings lowered Tractor Supply from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, July 23rd. Robert W. Baird lowered their price objective on Tractor Supply from $50.00 to $38.00 and set an “outperform” rating for the company in a research report on Monday, July 20th. 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 note on Friday, July 24th. Finally, Mizuho set a $28.00 target price on Tractor Supply and gave the company a “neutral” rating in a research report on Friday, July 24th. Thirteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Tractor Supply presently has an average rating of “Hold” and a consensus target price of $39.31.

Insider Buying and Selling

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

Tractor Supply Trading Up 2.1%

Shares of NASDAQ:TSCO opened at $35.44 on Thursday. The company has a quick ratio of 0.23, a current ratio of 1.33 and a debt-to-equity ratio of 0.83. Tractor Supply Company has a 52-week low of $28.36 and a 52-week high of $62.89. The stock has a market cap of $18.59 billion, a price-to-earnings ratio of 18.46, a PEG ratio of 11.29 and a beta of 0.47. The business has a 50-day moving average price of $31.67 and a 200-day moving average price of $38.83.

Tractor Supply (NASDAQ:TSCO) last issued 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 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 company earned $0.81 EPS. 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 analysts predict that Tractor Supply Company will post 1.93 EPS for the current year.

Tractor Supply Dividend Announcement

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

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.