Deutsche Bank AG Makes New $103.88 Million Investment in Tractor Supply Company $TSCO

Deutsche Bank AG purchased a new stake in Tractor Supply Company (NASDAQ:TSCO) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,286,319 shares of the specialty retailer’s stock, valued at approximately $103,881,000.

Other large investors have also recently modified their holdings of the company. Garner Asset Management Corp bought a new position in shares of Tractor Supply in the fourth quarter worth approximately $25,000. Elevation Wealth Partners LLC lifted its position in Tractor Supply by 1,253.4% during the second quarter. Elevation Wealth Partners LLC now owns 785 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 727 shares during the last quarter. Reflection Asset Management bought a new stake in Tractor Supply during the fourth quarter valued at approximately $26,000. Core Wealth Advisors LLC purchased a new position in Tractor Supply in the 4th quarter worth approximately $27,000. Finally, Community Financial Services Group LLC grew its stake in Tractor Supply by 3,240.0% in the 2nd quarter. Community Financial Services Group LLC now owns 835 shares of the specialty retailer’s stock worth $27,000 after buying an additional 810 shares in the last quarter. Institutional investors own 98.72% of the company’s stock.

Wall Street Analysts Forecast Growth

TSCO has been the subject of several research reports. Argus set a $41.00 target price on shares of Tractor Supply in a research report on Tuesday, July 28th. JPMorgan Chase & Co. lowered their price target on Tractor Supply from $55.00 to $48.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. Raymond James Financial dropped their price target on Tractor Supply from $48.00 to $40.00 and set an “outperform” rating for the company in a research note on Friday, July 17th. Loop Capital cut their price objective on Tractor Supply from $41.00 to $35.00 and set a “hold” rating for the company in a report on Tuesday, June 16th. Finally, 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. Thirteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Tractor Supply has a consensus rating of “Hold” and an average target price of $39.31.

Insider Activity

In other Tractor Supply news, Director Andre J. Hawaux bought 3,150 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were bought at an average cost of $31.83 per share, with a total value of $100,264.50. Following the completion of the purchase, the director directly owned 3,150 shares of the company’s stock, valued at $100,264.50. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Edna Morris purchased 1,560 shares of Tractor Supply stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average price of $32.44 per share, for a total transaction of $50,606.40. Following the acquisition, the director 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 disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders bought 20,310 shares of company stock valued at $652,411. Insiders own 0.64% of the company’s stock.

Tractor Supply Stock Up 2.1%

Shares of Tractor Supply stock opened at $35.44 on Thursday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.23 and a current ratio of 1.33. Tractor Supply Company has a 52-week low of $28.36 and a 52-week high of $62.89. The company’s 50 day moving average price is $31.67 and its 200-day moving average price is $38.83. The stock has a market capitalization of $18.59 billion, a price-to-earnings ratio of 18.46, a P/E/G ratio of 11.29 and a beta of 0.47.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly 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). The firm had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.58 billion. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Equities research analysts forecast that Tractor Supply Company will post 1.93 EPS for the current year.

Tractor Supply Announces Dividend

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