Commerzbank Aktiengesellschaft FI Invests $1.80 Million in Tractor Supply Company $TSCO

Commerzbank Aktiengesellschaft FI purchased a new stake in Tractor Supply Company (NASDAQ:TSCOFree Report) in the second quarter, according to its most recent filing with the SEC. The fund purchased 57,071 shares of the specialty retailer’s stock, valued at approximately $1,804,000.

Several other institutional investors and hedge funds have also made changes to their positions in TSCO. Goldman Sachs Group Inc. boosted its holdings in shares of Tractor Supply by 6.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,121,526 shares of the specialty retailer’s stock valued at $156,108,000 after buying an additional 184,146 shares during the period. Swedbank AB grew its position in shares of Tractor Supply by 3.3% during the 4th quarter. Swedbank AB now owns 1,129,182 shares of the specialty retailer’s stock valued at $56,470,000 after buying an additional 36,495 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its stake in Tractor Supply by 44.2% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 727,125 shares of the specialty retailer’s stock worth $36,364,000 after acquiring an additional 222,750 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Tractor Supply by 4.4% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,103,395 shares of the specialty retailer’s stock worth $56,086,000 after acquiring an additional 46,010 shares during the period. Finally, King Luther Capital Management Corp lifted its holdings in Tractor Supply by 1.6% in the fourth quarter. King Luther Capital Management Corp now owns 2,387,723 shares of the specialty retailer’s stock worth $119,410,000 after acquiring an additional 36,778 shares during the last quarter. 98.72% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Tractor Supply

In related news, Director Andre J. Hawaux bought 3,150 shares of the stock in a transaction on Monday, August 3rd. The shares were purchased at an average price of $31.83 per share, with a total value of $100,264.50. Following the purchase, the director owned 3,150 shares in the company, valued at approximately $100,264.50. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Harry A. Lawton III purchased 15,600 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were bought at an average price of $32.15 per share, for a total transaction of $501,540.00. Following the completion of the transaction, the chief executive officer directly owned 15,600 shares in the company, valued at $501,540. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 20,310 shares of company stock worth $652,411 over the last ninety days. 0.64% of the stock is currently owned by corporate insiders.

Tractor Supply Stock Performance

Shares of TSCO stock opened at $34.68 on Tuesday. Tractor Supply Company has a 12-month low of $28.36 and a 12-month high of $62.89. 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 firm has a market capitalization of $18.19 billion, a price-to-earnings ratio of 18.06, a price-to-earnings-growth ratio of 11.66 and a beta of 0.47. The business has a 50 day simple moving average of $31.48 and a 200 day simple moving average of $39.08.

Tractor Supply (NASDAQ:TSCOGet Free Report) last announced 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). Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The business had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.58 billion. During the same period in the previous year, the firm earned $0.81 EPS. The firm’s 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 research analysts anticipate that Tractor Supply Company will post 1.93 EPS for the current year.

Tractor Supply Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors 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 2.8%. The ex-dividend date is Monday, August 24th. Tractor Supply’s payout ratio is currently 50.00%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on TSCO. BNP Paribas Exane lowered their target price on Tractor Supply from $58.00 to $45.00 and set an “outperform” rating for the company in a report on Wednesday, April 22nd. Morgan Stanley reissued a “negative” rating and issued a $35.00 price target on shares of Tractor Supply in a report on Friday, July 24th. Piper Sandler set a $31.00 price objective on Tractor Supply and gave the company a “neutral” rating in a research report on Friday, July 24th. Mizuho set a $28.00 price objective on Tractor Supply and gave the stock a “neutral” rating in a research note on Friday, July 24th. Finally, Wolfe Research set a $34.00 target price on Tractor Supply in a research report on Thursday, July 16th. Thirteen 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, the company currently has an average rating of “Hold” and a consensus price target of $39.31.

Check Out Our Latest Report on Tractor Supply

Tractor Supply Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Tractor Supply (NASDAQ:TSCO)

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