Rice Hall James & Associates LLC Buys Shares of 15,683 Tractor Supply Company $TSCO

Rice Hall James & Associates LLC purchased a new position in Tractor Supply Company (NASDAQ:TSCO) in the second quarter, HoldingsChannel reports. The institutional investor purchased 15,683 shares of the specialty retailer’s stock, valued at approximately $496,000.

Other institutional investors have also recently made changes to their positions in the company. TimesSquare Capital Management LLC purchased a new stake in shares of Tractor Supply during the 2nd quarter valued at $28,733,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Tractor Supply in the second quarter worth $40,526,000. Persistent Asset Partners Ltd purchased a new position in Tractor Supply in the second quarter worth $93,000. OneDigital Investment Advisors LLC bought a new position in Tractor Supply in the second quarter valued at $379,000. Finally, Bell Investment Advisors Inc bought a new position in Tractor Supply in the second quarter valued at $126,000. Institutional investors own 98.72% of the company’s stock.

Insider Buying and Selling

In related news, Director Andre J. Hawaux acquired 3,150 shares of the stock in a transaction on Monday, August 3rd. The stock was purchased at an average price of $31.83 per share, for a total transaction of $100,264.50. Following the completion of the transaction, the director owned 3,150 shares of the company’s stock, valued at $100,264.50. This trade represents a ? increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Edna Morris acquired 1,560 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were bought at an average cost of $32.44 per share, with a total value of $50,606.40. Following the purchase, the director owned 279,720 shares of the company’s stock, valued at approximately $9,074,116.80. This trade represents a 0.56% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 20,310 shares of company stock worth $652,411 in the last ninety days. 0.64% of the stock is owned by insiders.

Tractor Supply Stock Performance

Tractor Supply stock opened at $34.72 on Wednesday. The firm has a fifty day simple moving average of $31.58 and a two-hundred day simple moving average of $38.94. 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 Company has a twelve month low of $28.36 and a twelve month high of $62.89. The company has a market capitalization of $18.21 billion, a PE ratio of 18.08, a P/E/G ratio of 11.66 and a beta of 0.47.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings data 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 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 firm’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period last year, the business posted $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Research analysts expect 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. Investors of record on Monday, August 24th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.8%. The ex-dividend date is Monday, August 24th. Tractor Supply’s dividend payout ratio (DPR) is presently 50.00%.

Analyst Upgrades and Downgrades

TSCO has been the topic of a number of research reports. Evercore restated an “outperform” rating and set a $40.00 price target on shares of Tractor Supply in a research report on Tuesday, July 7th. Barclays set a $35.00 price objective on Tractor Supply and gave the company an “equal weight” rating in a research report on Monday, July 13th. Wolfe Research set a $34.00 price objective on Tractor Supply in a report on Thursday, July 16th. Daiwa Securities Group dropped their target price on Tractor Supply from $52.00 to $41.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Finally, UBS Group set a $33.00 target price on Tractor Supply and gave the stock a “neutral” rating in a research note on Tuesday, July 14th. Thirteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Tractor Supply has an average rating of “Hold” and a consensus target price 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.