Benjamin Edwards Inc. Sells 585,119 Shares of Tractor Supply Company $TSCO

Benjamin Edwards Inc. reduced its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 73.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 210,785 shares of the specialty retailer’s stock after selling 585,119 shares during the quarter. Benjamin Edwards Inc.’s holdings in Tractor Supply were worth $6,662,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Advyzon Investment Management LLC grew its position 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 purchasing an additional 183 shares during the last quarter. Geneos Wealth Management Inc. raised its position 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 buying an additional 220 shares during the last quarter. Aptus Capital Advisors LLC lifted its stake in shares of Tractor Supply by 0.4% in the fourth quarter. Aptus Capital Advisors LLC now owns 56,698 shares of the specialty retailer’s stock valued at $2,835,000 after buying an additional 222 shares during the period. Larson Financial Group LLC lifted its stake in shares of 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 buying an additional 225 shares during the period. Finally, TD Private Client Wealth LLC grew its position in Tractor Supply by 11.6% during the fourth quarter. TD Private Client Wealth LLC now owns 2,201 shares of the specialty retailer’s stock worth $110,000 after buying an additional 228 shares in the last quarter. 98.72% of the stock is owned by institutional investors.

Insider Transactions at Tractor Supply

In related news, CEO Harry A. Lawton III bought 15,600 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was acquired at an average price of $32.15 per share, for a total transaction of $501,540.00. Following the transaction, the chief executive officer directly owned 15,600 shares of the company’s stock, valued at $501,540. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Andre J. Hawaux purchased 3,150 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was bought at an average cost of $31.83 per share, for a total transaction of $100,264.50. Following the purchase, the director owned 3,150 shares in the company, valued at $100,264.50. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders purchased 20,310 shares of company stock valued at $652,411. Corporate insiders own 0.64% of the company’s stock.

Tractor Supply Stock Performance

NASDAQ TSCO opened at $34.72 on Monday. The stock has a market cap of $18.21 billion, a P/E ratio of 18.08, a PEG ratio of 11.29 and a beta of 0.47. The company’s 50-day simple moving average is $32.31 and its 200 day simple moving average is $37.91. Tractor Supply Company has a twelve month low of $28.36 and a twelve month high of $62.87. 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 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). The business had revenue of $4.54 billion during the quarter, compared to analyst estimates of $4.58 billion. Tractor Supply had a return on equity of 41.74% and a net margin of 6.42%.The business’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same period last year, the company earned $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. As a group, research analysts forecast that Tractor Supply Company will post 1.93 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.8%. Tractor Supply’s dividend payout ratio is presently 50.00%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on TSCO shares. Argus set a $41.00 price target on Tractor Supply in a research note on Tuesday, July 28th. Robert W. Baird reduced their price objective on Tractor Supply from $50.00 to $38.00 and set an “outperform” rating for the company in a research report on Monday, July 20th. TD Cowen reissued a “hold” rating on shares of Tractor Supply in a report on Wednesday, July 15th. Loop Capital lowered their price objective on Tractor Supply from $41.00 to $35.00 and set a “hold” rating on the stock in a research report on Tuesday, June 16th. Finally, Telsey Advisory Group cut their target price on Tractor Supply from $40.00 to $38.00 and set an “outperform” rating for the company in a research note on Friday, July 24th. Thirteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price 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.