Vise Technologies Inc. Purchases Shares of 32,115 Tractor Supply Company $TSCO

Vise Technologies Inc. acquired a new stake in Tractor Supply Company (NASDAQ:TSCO) during the second quarter, Holdings Channel reports. The institutional investor acquired 32,115 shares of the specialty retailer’s stock, valued at approximately $1,015,000.

Several other institutional investors have also recently modified their holdings of the company. Goldman Sachs Group Inc. grew its holdings in 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 acquiring an additional 184,146 shares during the period. Swedbank AB lifted its holdings in Tractor Supply by 3.3% in the fourth quarter. Swedbank AB now owns 1,129,182 shares of the specialty retailer’s stock valued at $56,470,000 after acquiring an additional 36,495 shares during the period. Nomura Asset Management Co. Ltd. lifted its holdings in Tractor Supply by 44.2% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 727,125 shares of the specialty retailer’s stock valued at $36,364,000 after acquiring an additional 222,750 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Tractor Supply by 4.4% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,103,395 shares of the specialty retailer’s stock worth $56,086,000 after purchasing an additional 46,010 shares in the last quarter. Finally, King Luther Capital Management Corp boosted its position in Tractor Supply by 1.6% in 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 purchasing an additional 36,778 shares in the last quarter. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Tractor Supply Trading Down 0.2%

TSCO opened at $34.98 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.33 and a quick ratio of 0.23. The company’s 50 day simple moving average is $31.82 and its two-hundred day simple moving average is $38.69. Tractor Supply Company has a 1-year low of $28.36 and a 1-year high of $62.89. The firm has a market capitalization of $18.35 billion, a price-to-earnings ratio of 18.22, a price-to-earnings-growth ratio of 11.38 and a beta of 0.47.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly 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 during the quarter, compared to analysts’ expectations of $4.58 billion. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. Tractor Supply’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter last year, the company earned $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Analysts expect that Tractor Supply Company will post 1.93 EPS for the current fiscal year.

Tractor Supply Announces Dividend

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 paid a dividend of $0.24 per share. 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 2.7%. Tractor Supply’s payout ratio is 50.00%.

Insider Buying and Selling at Tractor Supply

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

Analyst Ratings Changes

Several equities analysts have recently weighed in on TSCO shares. Barclays set a $35.00 target price on shares of Tractor Supply and gave the company an “equal weight” rating in a report on Monday, July 13th. Wolfe Research set a $34.00 price target on shares of Tractor Supply in a report on Thursday, July 16th. Telsey Advisory Group dropped their price target on shares of Tractor Supply from $40.00 to $38.00 and set an “outperform” rating on the stock in a research report on Friday, July 24th. Robert W. Baird cut their price objective on shares of Tractor Supply from $50.00 to $38.00 and set an “outperform” rating for the company in a report on Monday, July 20th. Finally, Raymond James Financial decreased their price objective on shares of Tractor Supply from $48.00 to $40.00 and set an “outperform” rating for the company in a research report on Friday, July 17th. Thirteen equities research 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. Based on data from MarketBeat, the stock presently has a consensus 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.