15,683 Shares in Tractor Supply Company $TSCO Acquired by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC acquired a new stake in Tractor Supply Company (NASDAQ:TSCO) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 15,683 shares of the specialty retailer’s stock, valued at approximately $496,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. TimesSquare Capital Management LLC bought a new stake in shares of Tractor Supply in the second quarter valued at $28,733,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Tractor Supply during the 2nd quarter worth $40,526,000. Persistent Asset Partners Ltd purchased a new stake in Tractor Supply in the 2nd quarter worth about $93,000. OneDigital Investment Advisors LLC purchased a new stake in Tractor Supply in the 2nd quarter worth about $379,000. Finally, Bell Investment Advisors Inc bought a new stake in Tractor Supply in the 2nd quarter valued at about $126,000. 98.72% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have commented on TSCO. Guggenheim set a $40.00 price objective on shares of Tractor Supply and gave the company a “buy” rating in a report on Friday, July 24th. UBS Group set a $33.00 price target on shares of Tractor Supply and gave the company a “neutral” rating in a research note on Tuesday, July 14th. Loop Capital reduced their price objective on shares of Tractor Supply from $41.00 to $35.00 and set a “hold” rating for the company in a research note on Tuesday, June 16th. Jefferies Financial Group restated a “buy” rating and set a $51.00 target price on shares of Tractor Supply in a research report on Tuesday, April 21st. Finally, Raymond James Financial reduced their price target on Tractor Supply from $48.00 to $40.00 and set an “outperform” rating for the company in a research report on Friday, July 17th. Thirteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $39.31.

Tractor Supply Price Performance

TSCO stock opened at $34.72 on Wednesday. The firm has a 50 day moving average of $31.58 and a 200-day moving average of $38.94. The firm has a market capitalization of $18.21 billion, a P/E ratio of 18.08, a price-to-earnings-growth ratio of 11.66 and a beta of 0.47. Tractor Supply Company has a 12 month low of $28.36 and a 12 month high of $62.89. The company has a current ratio of 1.33, a quick ratio of 0.23 and a debt-to-equity ratio of 0.83.

Tractor Supply (NASDAQ:TSCO) last posted its earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share for the quarter, missing analysts’ consensus estimates 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 return on equity of 41.74% and a net margin of 6.42%.The business’s revenue was up 2.3% on a year-over-year basis. During the same period last year, the company posted $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. As a group, sell-side analysts predict that Tractor Supply Company will post 1.93 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Monday, August 24th. Tractor Supply’s payout ratio is 50.00%.

Insider Activity

In other news, Director Edna Morris purchased 1,560 shares of the firm’s stock in a transaction dated 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 owned 279,720 shares in the company, valued at $9,074,116.80. This trade represents a 0.56% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Andre J. Hawaux acquired 3,150 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was acquired at an average price of $31.83 per share, for a total transaction of $100,264.50. Following the transaction, the director directly owned 3,150 shares of the company’s stock, valued at $100,264.50. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought 20,310 shares of company stock worth $652,411 in the last three months. Corporate 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.