National Pension Service Sells 834,064 Shares of Tractor Supply Company $TSCO

National Pension Service reduced its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 91.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 76,022 shares of the specialty retailer’s stock after selling 834,064 shares during the period. National Pension Service’s holdings in Tractor Supply were worth $2,403,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. JPL Wealth Management LLC acquired a new position in shares of Tractor Supply in the third quarter valued at approximately $28,000. Reflection Asset Management acquired a new stake in shares of Tractor Supply during the fourth quarter worth $26,000. Core Wealth Advisors LLC acquired a new stake in shares of Tractor Supply during the fourth quarter worth $27,000. Bayban bought a new stake in Tractor Supply in the 4th quarter valued at $28,000. Finally, DV Equities LLC bought a new stake in Tractor Supply in the 4th quarter valued at $37,000. Institutional investors own 98.72% of the company’s stock.

Insider Buying and Selling

In related news, Director Edna Morris purchased 1,560 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was purchased at an average cost of $32.44 per share, for a total transaction 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 trade represents a 0.56% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Harry A. Lawton III purchased 15,600 shares of the stock in a transaction on Tuesday, August 4th. The shares were bought at an average cost of $32.15 per share, for a total transaction of $501,540.00. Following the transaction, the chief executive officer directly owned 15,600 shares in the company, valued at approximately $501,540. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have purchased 20,310 shares of company stock worth $652,411. Corporate insiders own 0.64% of the company’s stock.

Tractor Supply Price Performance

Tractor Supply stock opened at $33.01 on Monday. The company has a market cap of $17.31 billion, a P/E ratio of 17.19, a price-to-earnings-growth ratio of 3.56 and a beta of 0.48. Tractor Supply Company has a 1-year low of $28.36 and a 1-year high of $60.85. The company has a fifty day simple moving average of $33.00 and a 200 day simple moving average of $36.55. 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 (NASDAQ:TSCO) last issued its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.01). Tractor Supply had a return on equity of 41.74% and a net margin of 6.42%.The business had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.58 billion. During the same period last year, the firm earned $0.81 earnings per share. The company’s quarterly 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. Research analysts anticipate that Tractor Supply Company will post 1.93 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Monday, August 24th were given a $0.24 dividend. The ex-dividend date of this dividend was Monday, August 24th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.9%. Tractor Supply’s payout ratio is currently 50.00%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Morgan Stanley reiterated a “negative” rating and set a $35.00 target price on shares of Tractor Supply in a report on Friday, July 24th. Mizuho set a $28.00 price target on Tractor Supply and gave the company a “neutral” rating in a report on Friday, July 24th. UBS Group set a $33.00 price objective on Tractor Supply and gave the stock a “neutral” rating in a research report on Tuesday, July 14th. Piper Sandler set a $31.00 price objective on Tractor Supply and gave the stock a “neutral” rating in a report on Friday, July 24th. Finally, Truist Financial set a $32.00 target price on Tractor Supply and gave the company a “hold” rating in a research report on Tuesday, June 16th. Thirteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, 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 serving the needs of recreational farmers, ranchers, homeowners, pet owners and other customers who live a rural lifestyle. The company operates Tractor Supply stores across the United States, offering products designed for agriculture, home improvement, outdoor living and animal care.

Its merchandise includes livestock and pet supplies, agricultural and lawn-and-garden equipment, tools, hardware, fencing, workwear, footwear, outdoor power equipment, seasonal goods and home products.