Quantitative Investment Management LLC Has $1.98 Million Stake in Tractor Supply Company $TSCO

Quantitative Investment Management LLC raised its stake in Tractor Supply Company (NASDAQ:TSCO) by 185.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 62,586 shares of the specialty retailer’s stock after acquiring an additional 40,645 shares during the period. Quantitative Investment Management LLC’s holdings in Tractor Supply were worth $1,978,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Bison Wealth LLC grew its stake in Tractor Supply by 356.1% during the fourth quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock worth $341,000 after buying an additional 5,017 shares during the last quarter. Woodline Partners LP raised its stake in shares of Tractor Supply by 40.7% in the first quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock valued at $2,487,000 after acquiring an additional 13,051 shares during the last quarter. Intech Investment Management LLC raised its stake in shares of Tractor Supply by 26.9% in the first quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock valued at $1,442,000 after acquiring an additional 5,542 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of Tractor Supply by 1.2% in the 2nd quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock worth $16,676,000 after acquiring an additional 3,631 shares in the last quarter. Finally, Glenview Trust co boosted its holdings in shares of Tractor Supply by 36.0% in the 2nd quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock worth $1,036,000 after acquiring an additional 5,194 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TSCO has been the subject of a number of recent analyst reports. Wolfe Research set a $34.00 price target on Tractor Supply in a report on Thursday, July 16th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $38.00 price objective (down from $43.00) on shares of Tractor Supply in a report on Friday, July 24th. Morgan Stanley reaffirmed a “negative” rating and issued a $35.00 target price on shares of Tractor Supply in a research note on Friday, July 24th. Mizuho set a $28.00 price target on Tractor Supply and gave the stock a “neutral” rating in a research report on Friday, July 24th. Finally, Evercore reiterated an “outperform” rating and issued a $40.00 price objective on shares of Tractor Supply in a report on Tuesday, July 7th. Thirteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $39.31.

Insider Buying and Selling at Tractor Supply

In other news, CEO Harry A. Lawton III purchased 15,600 shares of Tractor Supply stock in a transaction on Tuesday, August 4th. The stock was purchased at an average price of $32.15 per share, with a total value of $501,540.00. Following the transaction, the chief executive officer directly owned 15,600 shares in the company, valued at $501,540. The trade was a ? increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Andre J. Hawaux bought 3,150 shares of Tractor Supply stock in a transaction that occurred on Monday, August 3rd. The shares were acquired at an average price of $31.83 per share, with a total value of $100,264.50. Following the acquisition, the director directly owned 3,150 shares of the company’s stock, valued at $100,264.50. The trade was a ? increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have purchased 20,310 shares of company stock valued at $652,411. 0.64% of the stock is currently owned by corporate insiders.

Tractor Supply Trading Up 0.5%

TSCO opened at $34.90 on Tuesday. The firm’s fifty day moving average is $32.41 and its two-hundred day moving average is $37.77. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.23 and a current ratio of 1.33. The firm has a market cap of $18.30 billion, a PE ratio of 18.18, a price-to-earnings-growth ratio of 11.29 and a beta of 0.47. Tractor Supply Company has a twelve month low of $28.36 and a twelve month high of $62.87.

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

Tractor Supply Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.96 dividend on an annualized basis and a yield of 2.8%. Tractor Supply’s payout ratio is presently 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.