Citizens Financial Group Inc. RI Invests $948,000 in Tractor Supply Company $TSCO

Citizens Financial Group Inc. RI bought a new stake in shares of Tractor Supply Company (NASDAQ:TSCO) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 30,002 shares of the specialty retailer’s stock, valued at approximately $948,000.

A number of other institutional investors have also recently made changes to their positions in the business. Advyzon Investment Management LLC increased its position in shares of Tractor Supply by 4.3% during the 4th quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer’s stock valued at $223,000 after purchasing an additional 183 shares during the last quarter. Field & Main Bank increased its position in shares of Tractor Supply by 1.1% during the fourth quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock worth $942,000 after acquiring an additional 200 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of Tractor Supply by 22.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer’s stock worth $63,000 after buying an additional 220 shares during the period. Aptus Capital Advisors LLC grew its holdings 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 acquiring an additional 222 shares in the last quarter. Finally, Larson Financial Group LLC raised its holdings in shares of Tractor Supply by 10.0% in the 4th quarter. Larson Financial Group LLC now owns 2,477 shares of the specialty retailer’s stock valued at $124,000 after purchasing an additional 225 shares in the last quarter. Institutional investors own 98.72% of the company’s stock.

Insider Transactions at Tractor Supply

In related news, CEO Harry A. Lawton III bought 15,600 shares of the stock in a transaction on Tuesday, August 4th. The stock was bought at an average price of $32.15 per share, with a total value of $501,540.00. Following the completion of the purchase, the chief executive officer directly owned 15,600 shares in the company, valued at $501,540. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Andre J. Hawaux purchased 3,150 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were bought at an average price of $31.83 per share, with a total value of $100,264.50. Following the completion of the transaction, the director owned 3,150 shares of the company’s stock, valued at approximately $100,264.50. The trade was 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 worth $652,411. 0.64% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently commented on TSCO shares. 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. Piper Sandler set a $31.00 price objective on Tractor Supply and gave the stock a “neutral” rating in a research note on Friday, July 24th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $51.00 price target on shares of Tractor Supply in a report on Tuesday, April 21st. Zacks Research cut shares of Tractor Supply from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. Finally, JPMorgan Chase & Co. dropped their price objective on Tractor Supply from $55.00 to $48.00 and set a “neutral” rating on the stock in a report on Wednesday, April 22nd. Thirteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Tractor Supply has an average rating of “Hold” and an average price target of $39.31.

Tractor Supply Stock Up 0.1%

NASDAQ TSCO opened at $34.72 on Wednesday. Tractor Supply Company has a 52 week low of $28.36 and a 52 week high of $62.89. The firm has a market cap of $18.21 billion, a PE ratio of 18.08, a P/E/G ratio of 11.66 and a beta of 0.47. The business’s fifty day simple moving average is $31.58 and its 200-day simple moving average is $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 (NASDAQ:TSCO) last posted its earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.01). The firm had revenue of $4.54 billion during the quarter, compared to analyst estimates of $4.58 billion. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The business’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. As a group, equities analysts anticipate that Tractor Supply Company will post 1.93 earnings per share for the current year.

Tractor Supply Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be given a $0.24 dividend. The ex-dividend date 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 currently 50.00%.

Tractor Supply 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.