Nykredit A S Makes New $6.89 Million Investment in Tractor Supply Company $TSCO

Nykredit A S purchased a new stake in Tractor Supply Company (NASDAQ:TSCO) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 217,890 shares of the specialty retailer’s stock, valued at approximately $6,888,000.

A number of other hedge funds also recently modified their holdings of the stock. Proficio Capital Partners LLC bought a new stake in Tractor Supply during the second quarter worth about $291,000. Clifford Swan Investment Counsel LLC increased its holdings in Tractor Supply by 2.6% in the 2nd quarter. Clifford Swan Investment Counsel LLC now owns 641,378 shares of the specialty retailer’s stock valued at $20,274,000 after buying an additional 16,521 shares during the period. CTC Alternative Strategies Ltd. bought a new position in Tractor Supply in the 2nd quarter valued at about $231,000. Headlands Technologies LLC raised its position in shares of Tractor Supply by 186.9% in the 2nd quarter. Headlands Technologies LLC now owns 37,632 shares of the specialty retailer’s stock valued at $1,190,000 after buying an additional 24,515 shares in the last quarter. Finally, Quantitative Investment Management LLC raised its position in shares of Tractor Supply by 185.2% in the 2nd quarter. Quantitative Investment Management LLC now owns 62,586 shares of the specialty retailer’s stock valued at $1,978,000 after buying an additional 40,645 shares in the last quarter. Institutional investors own 98.72% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on TSCO shares. Wall Street Zen lowered shares of Tractor Supply from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. Evercore restated an “outperform” rating and set a $40.00 price objective on shares of Tractor Supply in a research report on Tuesday, July 7th. Zacks Research cut Tractor Supply from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. Wells Fargo & Company reduced their target price on Tractor Supply from $47.00 to $35.00 and set an “overweight” rating on the stock in a report on Wednesday, July 15th. Finally, Barclays set a $35.00 target price on Tractor Supply and gave the company an “equal weight” rating in a report on Monday, July 13th. Thirteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $39.31.

Tractor Supply Stock Performance

Shares of Tractor Supply stock opened at $34.99 on Friday. The company’s 50 day moving average price is $32.76 and its two-hundred day moving average price is $37.33. The firm has a market capitalization of $18.35 billion, a P/E ratio of 18.22, a P/E/G ratio of 3.77 and a beta of 0.48. Tractor Supply Company has a fifty-two week low of $28.36 and a fifty-two week high of $60.87. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.33 and a quick ratio of 0.23.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.01). Tractor Supply had a return on equity of 41.74% and a net margin of 6.42%.The company had revenue of $4.54 billion for the quarter, compared to analyst estimates of $4.58 billion. During the same quarter last year, the company posted $0.81 earnings per share. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. On average, equities analysts forecast that Tractor Supply Company will post 1.93 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th will be paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, August 24th. Tractor Supply’s dividend payout ratio (DPR) is presently 50.00%.

Insider Transactions at Tractor Supply

In other news, Director Edna Morris acquired 1,560 shares of the stock in a transaction dated Tuesday, August 4th. The stock was bought at an average price of $32.44 per share, with a total value of $50,606.40. Following the completion of the purchase, the director directly owned 279,720 shares of the company’s stock, valued at $9,074,116.80. This represents a 0.56% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Andre Hawaux acquired 3,150 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was acquired at an average price of $31.83 per share, with a total value of $100,264.50. Following the acquisition, the director owned 3,150 shares in the company, valued at $100,264.50. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders have bought 20,310 shares of company stock worth $652,411. Insiders own 0.64% of the company’s stock.

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.