Quantbot Technologies LP Makes New Investment in Tractor Supply Company $TSCO

Quantbot Technologies LP acquired a new stake in Tractor Supply Company (NASDAQ:TSCO) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 20,352 shares of the specialty retailer’s stock, valued at approximately $643,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TSCO. JPL Wealth Management LLC purchased a new position in shares of Tractor Supply during the 3rd quarter valued at about $28,000. Garner Asset Management Corp purchased a new position in shares of Tractor Supply during the fourth quarter worth approximately $25,000. Reflection Asset Management purchased a new position in shares of Tractor Supply during the fourth quarter worth approximately $26,000. Core Wealth Advisors LLC bought a new stake in shares of Tractor Supply in the 4th quarter worth approximately $27,000. Finally, Bayban purchased a new stake in shares of Tractor Supply in the 4th quarter valued at $28,000. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Andre J. Hawaux purchased 3,150 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were acquired at an average price of $31.83 per share, for a total transaction of $100,264.50. Following the completion of the acquisition, the director directly owned 3,150 shares in the company, valued at approximately $100,264.50. The trade was a ? increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Harry A. Lawton III acquired 15,600 shares of Tractor Supply 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 completion of the transaction, the chief executive officer owned 15,600 shares in the company, valued at approximately $501,540. This trade represents a ? increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired 20,310 shares of company stock valued at $652,411 over the last quarter. 0.64% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on TSCO. TD Cowen reiterated a “hold” rating on shares of Tractor Supply in a research report on Wednesday, July 15th. Robert W. Baird cut their price target on shares of Tractor Supply from $50.00 to $38.00 and set an “outperform” rating for the company in a research report on Monday, July 20th. Mizuho set a $28.00 price objective on Tractor Supply and gave the company a “neutral” rating in a research note on Friday, July 24th. DA Davidson decreased their price objective on Tractor Supply from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Monday, June 22nd. Finally, Barclays set a $35.00 target price on Tractor Supply and gave the company an “equal weight” rating in a research note on Monday, July 13th. Thirteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $39.31.

Tractor Supply Price Performance

Shares of Tractor Supply stock opened at $34.70 on Friday. The company’s fifty day simple moving average is $32.22 and its two-hundred day simple moving average is $38.04. Tractor Supply Company has a 12-month low of $28.36 and a 12-month high of $62.87. The firm has a market cap of $18.20 billion, a PE ratio of 18.07, a price-to-earnings-growth ratio of 11.39 and a beta of 0.47. 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 (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 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 business’s revenue was up 2.3% on a year-over-year basis. During the same period last year, the company posted $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. As a group, equities analysts expect that Tractor Supply Company will post 1.93 EPS for the current year.

Tractor Supply Announces Dividend

The firm also recently announced 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. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.96 annualized dividend and a dividend yield of 2.8%. Tractor Supply’s payout ratio is 50.00%.

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.