Generali Asset Management SPA SGR Buys 20,430 Shares of Tractor Supply Company $TSCO

Generali Asset Management SPA SGR boosted its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 53.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 58,861 shares of the specialty retailer’s stock after purchasing an additional 20,430 shares during the period. Generali Asset Management SPA SGR’s holdings in Tractor Supply were worth $2,944,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of TSCO. Victory Capital Management Inc. grew its stake in shares of Tractor Supply by 719.1% during the 3rd quarter. Victory Capital Management Inc. now owns 4,508,661 shares of the specialty retailer’s stock valued at $256,408,000 after acquiring an additional 3,958,205 shares during the period. Select Equity Group L.P. increased its holdings in Tractor Supply by 41.9% in the 2nd quarter. Select Equity Group L.P. now owns 12,713,409 shares of the specialty retailer’s stock worth $670,887,000 after acquiring an additional 3,753,414 shares in the last quarter. APG Asset Management N.V. raised its stake in Tractor Supply by 505.1% during the 3rd quarter. APG Asset Management N.V. now owns 4,329,556 shares of the specialty retailer’s stock worth $246,222,000 after acquiring an additional 3,614,097 shares during the period. Holocene Advisors LP lifted its holdings in Tractor Supply by 771.0% during the third quarter. Holocene Advisors LP now owns 2,421,674 shares of the specialty retailer’s stock valued at $137,721,000 after purchasing an additional 2,143,627 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in Tractor Supply by 166.1% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,224,774 shares of the specialty retailer’s stock valued at $111,261,000 after purchasing an additional 1,388,762 shares in the last quarter. Institutional investors own 98.72% of the company’s stock.

Insider Transactions at Tractor Supply

In related news, EVP Jonathan S. Estep sold 59,745 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $54.03, for a total transaction of $3,228,022.35. Following the completion of the transaction, the executive vice president directly owned 80,931 shares of the company’s stock, valued at approximately $4,372,701.93. This represents a 42.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Colin Yankee sold 11,170 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $55.35, for a total value of $618,259.50. Following the transaction, the executive vice president owned 45,515 shares of the company’s stock, valued at $2,519,255.25. This represents a 19.71% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 135,749 shares of company stock valued at $7,354,514. 0.64% of the stock is owned by company insiders.

Tractor Supply Price Performance

TSCO stock opened at $30.65 on Friday. Tractor Supply Company has a one year low of $30.58 and a one year high of $63.99. The company’s fifty day moving average price is $44.54 and its 200-day moving average price is $50.15. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.16 and a current ratio of 1.38. The company has a market capitalization of $16.12 billion, a PE ratio of 15.02, a price-to-earnings-growth ratio of 1.76 and a beta of 0.51.

Tractor Supply (NASDAQ:TSCO) last posted its earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.04). The company had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $3.64 billion. Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The business’s revenue was up 3.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. On average, equities analysts anticipate that Tractor Supply Company will post 2.14 EPS for the current fiscal year.

Tractor Supply Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were given a dividend of $0.24 per share. The ex-dividend date was Tuesday, February 24th. This is a positive change from Tractor Supply’s previous quarterly dividend of $0.23. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.1%. Tractor Supply’s dividend payout ratio (DPR) is 47.06%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. TD Cowen reissued a “hold” rating and issued a $38.00 price objective (down from $53.00) on shares of Tractor Supply in a research note on Monday, April 27th. Piper Sandler cut shares of Tractor Supply from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $51.00 to $36.00 in a research note on Tuesday. Guggenheim reiterated a “buy” rating and issued a $60.00 price target (down from $65.00) on shares of Tractor Supply in a research note on Thursday, April 23rd. The Goldman Sachs Group decreased their price target on Tractor Supply from $59.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Finally, Bank of America assumed coverage on Tractor Supply in a research report on Tuesday, April 7th. They issued a “neutral” rating and a $47.00 price objective on the stock. Fourteen research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Tractor Supply has an average rating of “Moderate Buy” and an average price target of $47.38.

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.