Deutsche Bank AG Acquires Shares of 3,286,319 Tractor Supply Company $TSCO

Deutsche Bank AG acquired a new position in shares of Tractor Supply Company (NASDAQ:TSCO) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 3,286,319 shares of the specialty retailer’s stock, valued at approximately $103,881,000. Deutsche Bank AG owned about 0.63% of Tractor Supply at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Bison Wealth LLC increased its stake in Tractor Supply by 356.1% in the 4th quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock valued at $341,000 after buying an additional 5,017 shares during the last quarter. Woodline Partners LP boosted its stake in shares of Tractor Supply by 40.7% in the 1st quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock worth $2,487,000 after buying an additional 13,051 shares during the last quarter. Intech Investment Management LLC boosted its stake in shares of Tractor Supply by 26.9% in the 1st quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock worth $1,442,000 after buying an additional 5,542 shares during the last quarter. Sei Investments Co. grew its holdings in shares of Tractor Supply by 1.2% in the second quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock valued at $16,676,000 after acquiring an additional 3,631 shares in the last quarter. Finally, Glenview Trust co grew its holdings in shares of Tractor Supply by 36.0% in the second quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock valued at $1,036,000 after acquiring an additional 5,194 shares in the last quarter. Institutional investors own 98.72% of the company’s stock.

Tractor Supply Trading Up 2.1%

Shares of TSCO opened at $35.44 on Thursday. Tractor Supply Company has a fifty-two week low of $28.36 and a fifty-two week high of $62.89. The business has a 50-day moving average of $31.67 and a 200 day moving average of $38.83. The firm has a market cap of $18.59 billion, a P/E ratio of 18.46, a price-to-earnings-growth ratio of 11.29 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.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 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 for the quarter, compared to analysts’ expectations of $4.58 billion. During the same quarter in the previous year, the company posted $0.81 earnings per share. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. 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 EPS for the current year.

Tractor Supply Dividend Announcement

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

Insider Activity at Tractor Supply

In other news, Director Edna Morris bought 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, with a total value of $50,606.40. Following the acquisition, the director owned 279,720 shares of the company’s stock, valued at approximately $9,074,116.80. The trade was a 0.56% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Harry A. Lawton III bought 15,600 shares of the stock in a transaction on Tuesday, August 4th. The stock was purchased at an average price of $32.15 per share, for a total transaction of $501,540.00. Following the completion of the purchase, the chief executive officer directly owned 15,600 shares in the company, valued at approximately $501,540. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders bought 20,310 shares of company stock valued at $652,411. Corporate insiders own 0.64% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on TSCO shares. BNP Paribas Exane dropped their price target on Tractor Supply from $58.00 to $45.00 and set an “outperform” rating on the stock in a report on Wednesday, April 22nd. Loop Capital reduced their price objective on Tractor Supply from $41.00 to $35.00 and set a “hold” rating for the company in a research note on Tuesday, June 16th. Raymond James Financial decreased their target price 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. Barclays set a $35.00 target price on Tractor Supply and gave the stock an “equal weight” rating in a research note on Monday, July 13th. Finally, Telsey Advisory Group cut their price target on shares of Tractor Supply from $40.00 to $38.00 and set an “outperform” rating on the stock in a report on Friday, July 24th. Thirteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Tractor Supply currently has a consensus rating of “Hold” and a consensus price target of $39.31.

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.