D.B. Root & Company LLC Makes New $922,000 Investment in Tractor Supply Company $TSCO

D.B. Root & Company LLC bought a new position in Tractor Supply Company (NASDAQ:TSCO) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 29,179 shares of the specialty retailer’s stock, valued at approximately $922,000.

A number of other hedge funds also recently bought and sold shares of the business. Advyzon Investment Management LLC lifted its holdings in Tractor Supply by 4.3% in the 4th quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer’s stock worth $223,000 after buying an additional 183 shares during the period. Geneos Wealth Management Inc. raised its holdings in shares of Tractor Supply by 22.7% during the second quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer’s stock valued at $63,000 after acquiring an additional 220 shares in the last quarter. Aptus Capital Advisors LLC raised its holdings in shares of Tractor Supply by 0.4% during the fourth quarter. Aptus Capital Advisors LLC now owns 56,698 shares of the specialty retailer’s stock valued at $2,835,000 after acquiring an additional 222 shares in the last quarter. Larson Financial Group LLC boosted its holdings in Tractor Supply by 10.0% in the fourth quarter. Larson Financial Group LLC now owns 2,477 shares of the specialty retailer’s stock valued at $124,000 after acquiring an additional 225 shares in the last quarter. Finally, TD Private Client Wealth LLC increased its position in Tractor Supply by 11.6% during the 4th quarter. TD Private Client Wealth LLC now owns 2,201 shares of the specialty retailer’s stock valued at $110,000 after purchasing an additional 228 shares during the period. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Tractor Supply Stock Performance

Shares of NASDAQ:TSCO opened at $34.98 on Monday. The company has a market cap of $18.35 billion, a P/E ratio of 18.22, a PEG ratio of 11.38 and a beta of 0.47. 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 Company has a 1 year low of $28.36 and a 1 year high of $62.89. The stock’s fifty day moving average price is $31.82 and its 200-day moving average price is $38.59.

Tractor Supply (NASDAQ:TSCO) last posted its 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 net margin of 6.42% and a return on equity of 41.74%. The company had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter in the prior year, the company posted $0.81 EPS. Tractor Supply’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. Sell-side analysts expect that Tractor Supply Company will post 1.93 earnings per share for the current year.

Tractor Supply Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.96 annualized dividend and a dividend yield of 2.7%. Tractor Supply’s payout ratio is presently 50.00%.

Analyst Ratings Changes

Several research analysts have commented on TSCO shares. TD Cowen restated a “hold” rating on shares of Tractor Supply in a report on Wednesday, July 15th. Zacks Research lowered shares of Tractor Supply from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. Wall Street Zen cut Tractor Supply from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. Weiss Ratings downgraded Tractor Supply from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, July 23rd. Finally, UBS Group set a $33.00 target price on Tractor Supply and gave the company a “neutral” rating in a research note on Tuesday, July 14th. Thirteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $39.31.

Insider Activity at Tractor Supply

In other news, CEO Harry A. Lawton III bought 15,600 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were acquired at an average cost of $32.15 per share, with a total value of $501,540.00. Following the completion of the transaction, the chief executive officer owned 15,600 shares of the company’s stock, valued at approximately $501,540. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Edna Morris purchased 1,560 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were purchased 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 owned 279,720 shares in the company, valued at approximately $9,074,116.80. This trade represents a 0.56% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders bought 20,310 shares of company stock worth $652,411. 0.64% of the stock is owned by insiders.

Tractor Supply Company 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.