First Nebraska Trust Co Takes Position in Tractor Supply Company $TSCO

First Nebraska Trust Co bought a new stake in Tractor Supply Company (NASDAQ:TSCO) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 34,270 shares of the specialty retailer’s stock, valued at approximately $1,083,000.

Other institutional investors have also added to or reduced their stakes in the company. JPL Wealth Management LLC acquired a new position in Tractor Supply in the 3rd quarter valued at approximately $28,000. Garner Asset Management Corp acquired a new stake in shares of Tractor Supply during the 4th quarter worth approximately $25,000. Reflection Asset Management acquired a new stake in shares of Tractor Supply during the 4th quarter worth approximately $26,000. Core Wealth Advisors LLC bought a new stake in shares of Tractor Supply during the fourth quarter valued at approximately $27,000. Finally, Bayban bought a new stake in shares of Tractor Supply during the fourth quarter valued at approximately $28,000. 98.72% of the stock is owned by institutional investors and hedge funds.

Tractor Supply Stock Down 0.2%

TSCO opened at $34.98 on Friday. The firm has a market cap of $18.35 billion, a price-to-earnings 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 quick ratio of 0.23 and a current ratio of 1.33. The firm’s 50-day simple moving average is $31.82 and its 200-day simple moving average is $38.69. Tractor Supply Company has a twelve month low of $28.36 and a twelve month high of $62.89.

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). The firm had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.58 billion. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The company’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.81 earnings per share. 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 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

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

Analysts Set New Price Targets

TSCO has been the subject of several research reports. Wall Street Zen cut Tractor Supply from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. Wells Fargo & Company dropped their price objective on shares of Tractor Supply from $47.00 to $35.00 and set an “overweight” rating for the company in a research note on Wednesday, July 15th. Gordon Haskett lifted their target price on shares of Tractor Supply from $40.00 to $50.00 in a research report on Friday, June 12th. Piper Sandler set a $31.00 price target on shares of Tractor Supply and gave the stock a “neutral” rating in a research report on Friday, July 24th. Finally, Mizuho set a $28.00 price target on shares of Tractor Supply and gave the stock a “neutral” rating in a research note on Friday, July 24th. Thirteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Tractor Supply presently has an average rating of “Hold” and an average target price of $39.31.

Insider Activity

In other Tractor Supply news, CEO Harry A. Lawton III bought 15,600 shares of Tractor Supply stock in a transaction dated 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 acquisition, the chief executive officer directly owned 15,600 shares of the company’s stock, valued at $501,540. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Edna Morris purchased 1,560 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average price of $32.44 per share, for a total transaction of $50,606.40. Following the completion of the transaction, the director owned 279,720 shares in the company, valued at $9,074,116.80. The trade was 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. Insiders own 0.64% of the company’s stock.

About Tractor Supply

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.