Public Employees Retirement System of Ohio Takes $4.74 Million Position in Tractor Supply Company $TSCO

Public Employees Retirement System of Ohio bought a new position in shares of Tractor Supply Company (NASDAQ:TSCO) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 149,882 shares of the specialty retailer’s stock, valued at approximately $4,738,000.

A number of other hedge funds have also added to or reduced their stakes in TSCO. Advyzon Investment Management LLC lifted its position in Tractor Supply by 4.3% during 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 in the last quarter. Geneos Wealth Management Inc. increased its position in shares of Tractor Supply by 22.7% in 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 during the last quarter. Aptus Capital Advisors LLC increased its position 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 acquiring an additional 222 shares during the last quarter. Larson Financial Group LLC raised its holdings in Tractor Supply by 10.0% during the fourth quarter. Larson Financial Group LLC now owns 2,477 shares of the specialty retailer’s stock worth $124,000 after acquiring an additional 225 shares in the last quarter. Finally, TD Private Client Wealth LLC raised its holdings 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 acquiring an additional 228 shares in the last quarter. Institutional investors own 98.72% of the company’s stock.

Wall Street Analyst Weigh In

TSCO has been the subject of a number of analyst reports. Morgan Stanley restated a “negative” rating and issued a $35.00 price target on shares of Tractor Supply in a research note on Friday, July 24th. Barclays set a $35.00 price objective on Tractor Supply and gave the stock an “equal weight” rating in a research note on Monday, July 13th. 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 report on Tuesday, June 16th. DA Davidson decreased their target price on shares of Tractor Supply from $50.00 to $40.00 and set a “buy” rating for the company in a research note on Monday, June 22nd. Finally, Gordon Haskett boosted their target price on shares of Tractor Supply from $40.00 to $50.00 in a report on Friday, June 12th. Thirteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $39.31.

Tractor Supply Price Performance

Shares of NASDAQ TSCO opened at $34.86 on Thursday. The business’s 50 day moving average price is $32.61 and its two-hundred day moving average price is $37.49. The company has a market cap of $18.28 billion, a PE ratio of 18.16, a price-to-earnings-growth ratio of 3.74 and a beta of 0.48. 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 Company has a twelve month low of $28.36 and a twelve month high of $61.55.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $4.58 billion. During the same period in the previous year, the business earned $0.81 earnings per share. The business’s quarterly 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, analysts predict that Tractor Supply Company will post 1.93 EPS for the current year.

Tractor Supply Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.96 annualized dividend and a yield of 2.8%. Tractor Supply’s dividend payout ratio (DPR) is currently 50.00%.

Insider Buying and Selling at Tractor Supply

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

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.