Sanctuary Advisors LLC Buys Shares of 210,045 Tractor Supply Company $TSCO

Sanctuary Advisors LLC purchased a new stake in Tractor Supply Company (NASDAQ:TSCO) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 210,045 shares of the specialty retailer’s stock, valued at approximately $6,640,000.

Several other hedge funds have also recently modified their holdings of TSCO. Garner Asset Management Corp bought a new position in shares of Tractor Supply during the fourth quarter valued at approximately $25,000. Elevation Wealth Partners LLC raised its stake in 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 buying an additional 727 shares in the last quarter. Reflection Asset Management bought a new position in Tractor Supply in the fourth quarter worth approximately $26,000. Comprehensive Financial Planning Inc. PA purchased a new stake in Tractor Supply during the second quarter worth $26,000. Finally, Core Wealth Advisors LLC purchased a new stake in Tractor Supply during the fourth quarter worth $27,000. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Insiders Place Their Bets

In related news, Director Andre J. Hawaux acquired 3,150 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was purchased at an average cost of $31.83 per share, with a total value of $100,264.50. Following 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 purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Edna Morris bought 1,560 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was bought 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 directly owned 279,720 shares in the company, valued at $9,074,116.80. This represents a 0.56% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders acquired 20,310 shares of company stock valued at $652,411. 0.64% of the stock is currently owned by corporate insiders.

Tractor Supply Stock Performance

Shares of TSCO stock opened at $35.92 on Tuesday. The business’s fifty day simple moving average is $31.92 and its 200-day simple moving average is $38.47. The company has a market cap of $18.84 billion, a PE ratio of 18.71, a PEG ratio of 11.38 and a beta of 0.47. The company has a current ratio of 1.33, a quick ratio of 0.23 and a debt-to-equity ratio of 0.83. Tractor Supply Company has a 12-month low of $28.36 and a 12-month high of $62.89.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.01). The business had revenue of $4.54 billion for the quarter, compared to analysts’ expectations of $4.58 billion. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The business’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Analysts expect 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. Shareholders of record on Monday, August 24th will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Monday, August 24th. Tractor Supply’s dividend payout ratio (DPR) is currently 50.00%.

Wall Street Analysts Forecast Growth

TSCO has been the topic of a number of analyst reports. UBS Group set a $33.00 price target on Tractor Supply and gave the company a “neutral” rating in a report on Tuesday, July 14th. Loop Capital decreased their price objective on Tractor Supply from $41.00 to $35.00 and set a “hold” rating for the company in a research note on Tuesday, June 16th. Robert W. Baird dropped their price objective on Tractor Supply from $50.00 to $38.00 and set an “outperform” rating on the stock in a research report on Monday, July 20th. Wall Street Zen lowered Tractor Supply from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Finally, Piper Sandler set a $31.00 target price on shares of Tractor Supply and gave the stock a “neutral” rating in a report on Friday, July 24th. Thirteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target 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.