Callan Family Office LLC Purchases Shares of 25,999 Tractor Supply Company $TSCO

Callan Family Office LLC bought a new position in Tractor Supply Company (NASDAQ:TSCO) during the second quarter, Holdings Channel reports. The firm bought 25,999 shares of the specialty retailer’s stock, valued at approximately $822,000.

Several other institutional investors also recently bought and sold shares of TSCO. BlackRock Inc. acquired a new stake in shares of Tractor Supply during the 2nd quarter worth approximately $1,500,967,000. Norges Bank purchased a new stake in Tractor Supply during the fourth quarter worth $303,862,000. Select Equity Group L.P. boosted its holdings in Tractor Supply by 41.9% during the second quarter. Select Equity Group L.P. now owns 12,713,409 shares of the specialty retailer’s stock worth $670,887,000 after buying an additional 3,753,414 shares in the last quarter. Deutsche Bank AG acquired a new stake in Tractor Supply during the second quarter valued at $103,881,000. Finally, Bank of New York Mellon Corp purchased a new position in Tractor Supply in the second quarter valued at $91,772,000. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Tractor Supply

In other news, CEO Harry A. Lawton III purchased 15,600 shares of the stock in a transaction dated Tuesday, August 4th. The stock was acquired at an average cost 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 approximately $501,540. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Edna Morris bought 1,560 shares of the stock in a transaction that occurred 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 acquisition, the director directly owned 279,720 shares in the company, valued at $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. In the last quarter, insiders purchased 20,310 shares of company stock worth $652,411. Insiders own 0.64% of the company’s stock.

Tractor Supply Price Performance

TSCO stock opened at $35.92 on Tuesday. Tractor Supply Company has a 1 year low of $28.36 and a 1 year 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 $18.84 billion, a PE ratio of 18.71, a price-to-earnings-growth ratio of 11.38 and a beta of 0.47. The business has a 50 day simple moving average of $31.92 and a 200-day simple moving average of $38.47.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 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 analysts’ expectations of $4.58 billion. During the same quarter in the prior 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. Equities research analysts anticipate that Tractor Supply Company will post 1.93 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

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 given a dividend of $0.24 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.7%. Tractor Supply’s dividend payout ratio (DPR) is presently 50.00%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on TSCO shares. Raymond James Financial lowered their target price on shares of Tractor Supply from $48.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday, July 17th. Truist Financial set a $32.00 price objective on Tractor Supply and gave the company a “hold” rating in a report on Tuesday, June 16th. Loop Capital cut their price objective on Tractor Supply from $41.00 to $35.00 and set a “hold” rating for the company in a research report on Tuesday, June 16th. Barclays set a $35.00 target price on Tractor Supply and gave the company an “equal weight” rating in a research report on Monday, July 13th. Finally, Zacks Research lowered shares of Tractor Supply from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. Thirteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $39.31.

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.