UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 150,285 Shares of Tractor Supply Company $TSCO

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Tractor Supply Company (NASDAQ:TSCO) by 3.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,944,848 shares of the specialty retailer’s stock after purchasing an additional 150,285 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Tractor Supply were worth $156,307,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. Advyzon Investment Management LLC grew its holdings in shares of Tractor Supply by 4.3% during the fourth quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer’s stock worth $223,000 after purchasing an additional 183 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in Tractor Supply by 22.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer’s stock valued at $63,000 after buying an additional 220 shares during the last quarter. Aptus Capital Advisors LLC boosted its position in Tractor Supply by 0.4% during the 4th quarter. Aptus Capital Advisors LLC now owns 56,698 shares of the specialty retailer’s stock worth $2,835,000 after buying an additional 222 shares during the period. Larson Financial Group LLC boosted its position in Tractor Supply by 10.0% during the 4th quarter. Larson Financial Group LLC now owns 2,477 shares of the specialty retailer’s stock worth $124,000 after buying an additional 225 shares during the period. Finally, TD Private Client Wealth LLC grew its holdings in Tractor Supply by 11.6% during the 4th quarter. TD Private Client Wealth LLC now owns 2,201 shares of the specialty retailer’s stock worth $110,000 after acquiring an additional 228 shares during the last quarter. 98.72% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on TSCO shares. Argus set a $41.00 price target on shares of Tractor Supply in a research report on Tuesday, July 28th. The Goldman Sachs Group reissued a “buy” rating and issued a $38.00 price objective (down from $43.00) on shares of Tractor Supply 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 for the company in a report on Monday, June 22nd. Piper Sandler set a $31.00 target price on Tractor Supply and gave the stock a “neutral” rating in a research report on Friday, July 24th. Finally, Raymond James Financial cut their target price on Tractor Supply from $48.00 to $40.00 and set an “outperform” rating on the stock in a report on Friday, July 17th. Thirteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $39.31.

Insider Transactions at Tractor Supply

In other Tractor Supply news, 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 directly owned 279,720 shares of the company’s stock, valued at $9,074,116.80. This trade represents a 0.56% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Harry A. Lawton III bought 15,600 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average price of $32.15 per share, for a total transaction of $501,540.00. Following the transaction, the chief executive officer owned 15,600 shares in the company, valued at $501,540. This represents a ? increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders acquired 20,310 shares of company stock valued at $652,411. Corporate insiders own 0.64% of the company’s stock.

Tractor Supply Trading Down 0.5%

NASDAQ:TSCO opened at $34.71 on Wednesday. Tractor Supply Company has a 52 week low of $28.36 and a 52 week high of $62.26. 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’s fifty day moving average is $32.51 and its 200-day moving average is $37.63. The firm has a market cap of $18.20 billion, a P/E ratio of 18.08, a P/E/G ratio of 3.76 and a beta of 0.48.

Tractor Supply (NASDAQ:TSCO) last announced its earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share 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 return on equity of 41.74% and a net margin of 6.42%.Tractor Supply’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the business earned $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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th will be given a $0.24 dividend. 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 dividend payout ratio (DPR) 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.