49,740 Shares in Tractor Supply Company $TSCO Purchased by Arkfeld Wealth Strategies L.L.C.

Arkfeld Wealth Strategies L.L.C. purchased a new stake in shares of Tractor Supply Company (NASDAQ:TSCO) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 49,740 shares of the specialty retailer’s stock, valued at approximately $1,503,000.

A number of other large investors also recently bought and sold shares of the stock. Bison Wealth LLC boosted its position 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 purchasing an additional 5,017 shares in the last quarter. Woodline Partners LP increased its holdings in shares of Tractor Supply by 40.7% during the 1st quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock valued at $2,487,000 after purchasing an additional 13,051 shares in the last quarter. Intech Investment Management LLC increased its holdings in shares of Tractor Supply by 26.9% during the 1st quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock valued at $1,442,000 after purchasing an additional 5,542 shares in the last quarter. Sei Investments Co. lifted its stake in shares of Tractor Supply by 1.2% in the 2nd quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock valued at $16,676,000 after purchasing an additional 3,631 shares during the period. Finally, Glenview Trust co lifted its stake in shares of Tractor Supply by 36.0% in the 2nd quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock valued at $1,036,000 after purchasing an additional 5,194 shares during the period. 98.72% of the stock is owned by institutional investors and hedge funds.

Tractor Supply Price Performance

Tractor Supply stock opened at $35.29 on Wednesday. The stock has a market capitalization of $18.51 billion, a P/E ratio of 18.38, a P/E/G ratio of 11.26 and a beta of 0.47. The company’s fifty day moving average price is $30.99 and its 200 day moving average price is $39.62. 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 Company has a 1 year low of $28.36 and a 1 year high of $62.89.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings data 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 company had revenue of $4.54 billion for the quarter, compared to analyst estimates 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 quarter in the prior year, the company posted $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. As a group, equities research analysts anticipate that Tractor Supply Company will post 1.93 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The business 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 dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Monday, August 24th. Tractor Supply’s dividend payout ratio is 50.00%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Loop Capital lowered their price target on shares of Tractor Supply from $41.00 to $35.00 and set a “hold” rating on the stock in a report on Tuesday, June 16th. Morgan Stanley reaffirmed a “negative” rating and issued a $35.00 price objective on shares of Tractor Supply in a report on Friday, July 24th. Jefferies Financial Group reiterated a “buy” rating and issued a $51.00 price objective on shares of Tractor Supply in a research report on Tuesday, April 21st. Zacks Research lowered shares of Tractor Supply from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. Finally, Weiss Ratings cut Tractor Supply from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, July 23rd. Thirteen equities 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. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $39.31.

Insider Buying and Selling

In related news, CEO Harry A. Lawton III purchased 15,600 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were purchased at an average cost of $32.15 per share, with a total value of $501,540.00. Following the purchase, the chief executive officer owned 15,600 shares of the company’s stock, valued at $501,540. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, 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 purchased at an average price of $31.83 per share, for a total transaction of $100,264.50. Following the completion of the acquisition, the director owned 3,150 shares in the company, valued at $100,264.50. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 20,310 shares of company stock worth $652,411 in the last 90 days. 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.