Csenge Advisory Group Acquires Shares of 81,349 Tractor Supply Company $TSCO

Csenge Advisory Group acquired a new position in Tractor Supply Company (NASDAQ:TSCO) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 81,349 shares of the specialty retailer’s stock, valued at approximately $2,571,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Garner Asset Management Corp purchased a new position in shares of Tractor Supply in the fourth quarter worth $25,000. Elevation Wealth Partners LLC boosted its position in shares of Tractor Supply by 1,253.4% during the second quarter. Elevation Wealth Partners LLC now owns 785 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 727 shares during the last quarter. Reflection Asset Management bought a new stake in Tractor Supply in the 4th quarter worth about $26,000. Comprehensive Financial Planning Inc. PA bought a new stake in Tractor Supply in the 2nd quarter worth about $26,000. Finally, Core Wealth Advisors LLC purchased a new position in Tractor Supply in the 4th quarter worth about $27,000. 98.72% of the stock is owned by institutional investors.

Tractor Supply Trading Up 2.1%

NASDAQ:TSCO opened at $35.44 on Thursday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.33 and a quick ratio of 0.23. The firm has a market capitalization of $18.59 billion, a price-to-earnings ratio of 18.46, a price-to-earnings-growth ratio of 11.29 and a beta of 0.47. Tractor Supply Company has a one year low of $28.36 and a one year high of $62.89. The business has a fifty day moving average price of $31.67 and a 200-day moving average price of $38.83.

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 analysts’ expectations of $4.58 billion. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Sell-side analysts forecast that Tractor Supply Company will post 1.93 EPS for the current year.

Tractor Supply Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Monday, August 24th. Tractor Supply’s dividend payout ratio (DPR) is presently 50.00%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on TSCO shares. BNP Paribas Exane dropped their price target on shares of Tractor Supply from $58.00 to $45.00 and set an “outperform” rating on the stock in a report on Wednesday, April 22nd. Raymond James Financial decreased their price objective on shares of Tractor Supply from $48.00 to $40.00 and set an “outperform” rating for the company in a report on Friday, July 17th. Gordon Haskett increased their price objective on shares of Tractor Supply from $40.00 to $50.00 in a research report on Friday, June 12th. Argus set a $41.00 target price on shares of Tractor Supply in a report on Tuesday, July 28th. Finally, Barclays set a $35.00 target price on shares of Tractor Supply and gave the stock an “equal weight” rating in a research report on Monday, July 13th. 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 company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $39.31.

Insider Buying and Selling at Tractor Supply

In other Tractor Supply news, Director Andre J. Hawaux purchased 3,150 shares of Tractor Supply stock in a transaction that occurred on Monday, August 3rd. The shares were bought at an average price of $31.83 per share, for a total transaction of $100,264.50. Following the completion of the transaction, the director owned 3,150 shares of the company’s stock, valued at approximately $100,264.50. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Edna Morris bought 1,560 shares of Tractor Supply stock in a transaction dated Tuesday, August 4th. The stock was acquired at an average price of $32.44 per share, for a total transaction of $50,606.40. Following the completion of the acquisition, the director owned 279,720 shares in the company, valued at approximately $9,074,116.80. The trade was a 0.56% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have purchased 20,310 shares of company stock worth $652,411. 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.