OMERS ADMINISTRATION Corp Invests $1.27 Million in Tractor Supply Company $TSCO

OMERS ADMINISTRATION Corp acquired a new stake in shares of Tractor Supply Company (NASDAQ:TSCO) during the 2nd quarter, Holdings Channel reports. The fund acquired 40,337 shares of the specialty retailer’s stock, valued at approximately $1,275,000.

A number of other large investors also recently modified their holdings of 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 worth $341,000 after buying an additional 5,017 shares in the last quarter. Woodline Partners LP lifted its position in shares of Tractor Supply by 40.7% in the first quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock valued at $2,487,000 after acquiring an additional 13,051 shares in the last quarter. Intech Investment Management LLC lifted its position in shares of Tractor Supply by 26.9% in the first quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock valued at $1,442,000 after acquiring an additional 5,542 shares in the last quarter. Sei Investments Co. boosted its stake 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 worth $16,676,000 after acquiring an additional 3,631 shares during the period. Finally, Glenview Trust co grew its position in shares of Tractor Supply by 36.0% during the second quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock worth $1,036,000 after purchasing an additional 5,194 shares in the last quarter. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Wells Fargo & Company decreased their target price on Tractor Supply from $47.00 to $35.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 15th. Zacks Research downgraded Tractor Supply from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. Evercore reaffirmed an “outperform” rating and set a $40.00 price objective on shares of Tractor Supply in a report on Tuesday, July 7th. Weiss Ratings cut shares of Tractor Supply from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, July 23rd. Finally, Barclays set a $35.00 target price on shares of Tractor Supply and gave the stock an “equal weight” rating in a report on Monday, July 13th. Thirteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $39.31.

Insider Buying and Selling

In other Tractor Supply news, Director Andre J. Hawaux purchased 3,150 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were bought at an average price of $31.83 per share, with a total value of $100,264.50. Following the completion of the purchase, the director directly owned 3,150 shares in the company, valued at $100,264.50. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Harry A. Lawton III acquired 15,600 shares of the stock in a transaction on Tuesday, August 4th. The shares were acquired at an average price of $32.15 per share, with a total value 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. The trade was 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 have acquired 20,310 shares of company stock worth $652,411. Insiders own 0.64% of the company’s stock.

Tractor Supply Price Performance

Shares of Tractor Supply stock opened at $35.01 on Thursday. The firm has a market cap of $18.36 billion, a PE ratio of 18.23, a PEG ratio of 11.51 and a beta of 0.47. The stock has a 50 day moving average of $32.13 and a 200 day moving average of $38.19. 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 Company has a 12 month low of $28.36 and a 12 month high of $62.89.

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). The firm had revenue of $4.54 billion during 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% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. On average, research analysts expect that Tractor Supply Company will post 1.93 EPS for the current fiscal year.

Tractor Supply Announces Dividend

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

Tractor Supply Company 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.