1,282,051 Shares in Tractor Supply Company $TSCO Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Tractor Supply Company (NASDAQ:TSCO) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 1,282,051 shares of the specialty retailer’s stock, valued at approximately $40,526,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.24% of Tractor Supply at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. grew its holdings in shares of Tractor Supply by 6.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,121,526 shares of the specialty retailer’s stock worth $156,108,000 after buying an additional 184,146 shares in the last quarter. Swedbank AB boosted its position in Tractor Supply by 3.3% during the 4th quarter. Swedbank AB now owns 1,129,182 shares of the specialty retailer’s stock worth $56,470,000 after acquiring an additional 36,495 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its position in Tractor Supply by 44.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 727,125 shares of the specialty retailer’s stock worth $36,364,000 after acquiring an additional 222,750 shares during the last quarter. King Luther Capital Management Corp grew its stake in shares of Tractor Supply by 1.6% during the 4th quarter. King Luther Capital Management Corp now owns 2,387,723 shares of the specialty retailer’s stock worth $119,410,000 after acquiring an additional 36,778 shares in the last quarter. Finally, Speece Thorson Capital Group Inc. raised its holdings in shares of Tractor Supply by 22.0% in the fourth quarter. Speece Thorson Capital Group Inc. now owns 307,359 shares of the specialty retailer’s stock valued at $15,371,000 after purchasing an additional 55,493 shares during the last quarter. 98.72% of the stock is owned by institutional investors and hedge funds.

Tractor Supply Price Performance

NASDAQ:TSCO opened at $35.44 on Thursday. The company has a market cap of $18.59 billion, a P/E ratio of 18.46, a P/E/G ratio of 11.29 and a beta of 0.47. The firm’s fifty day moving average price is $31.67 and its two-hundred day moving average price is $38.83. Tractor Supply Company has a one year low of $28.36 and a one year high of $62.89. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.33 and a quick ratio of 0.23.

Tractor Supply (NASDAQ:TSCO) last posted its earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). The company had revenue of $4.54 billion for the quarter, compared to analyst estimates of $4.58 billion. Tractor Supply had a return on equity of 41.74% and a net margin of 6.42%.The business’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Equities analysts expect that Tractor Supply Company will post 1.93 earnings per share for the current year.

Tractor Supply Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be given a dividend of $0.24 per share. The ex-dividend date is Monday, August 24th. This represents a $0.96 annualized dividend and a yield of 2.7%. Tractor Supply’s dividend payout ratio (DPR) is 50.00%.

Insiders Place Their Bets

In other news, Director Andre J. Hawaux acquired 3,150 shares of Tractor Supply stock in a transaction dated Monday, August 3rd. The stock was bought 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 transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Edna Morris bought 1,560 shares of the firm’s stock in a transaction dated 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 transaction, the director directly owned 279,720 shares of the company’s stock, valued at $9,074,116.80. The trade was a 0.56% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 20,310 shares of company stock worth $652,411 over the last three months. Insiders own 0.64% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Argus set a $41.00 target price on shares of Tractor Supply in a report on Tuesday, July 28th. Loop Capital reduced their price objective on shares of Tractor Supply from $41.00 to $35.00 and set a “hold” rating for the company in a research note on Tuesday, June 16th. Daiwa Securities Group lowered their target price on Tractor Supply from $52.00 to $41.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Zacks Research lowered Tractor Supply from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. Finally, JPMorgan Chase & Co. decreased their price target on Tractor Supply from $55.00 to $48.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Thirteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $39.31.

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.