United Capital Financial Advisors LLC Takes $1.93 Million Position in Tractor Supply Company $TSCO

United Capital Financial Advisors LLC acquired a new stake in shares of Tractor Supply Company (NASDAQ:TSCO) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 61,023 shares of the specialty retailer’s stock, valued at approximately $1,929,000.

Several other large investors also recently bought and sold shares of the business. Garner Asset Management Corp bought a new stake in shares of Tractor Supply in the fourth quarter worth approximately $25,000. Elevation Wealth Partners LLC lifted its position in 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 purchasing an additional 727 shares during the period. Reflection Asset Management bought a new position in Tractor Supply during the fourth quarter valued at approximately $26,000. Comprehensive Financial Planning Inc. PA purchased a new stake in Tractor Supply in the second quarter worth approximately $26,000. Finally, Core Wealth Advisors LLC purchased a new stake in Tractor Supply in the fourth quarter worth approximately $27,000. 98.72% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

TSCO has been the subject of a number of research analyst reports. Evercore reaffirmed an “outperform” rating and issued a $40.00 target price on shares of Tractor Supply in a research report on Tuesday, July 7th. Raymond James Financial dropped their price target on Tractor Supply from $48.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday, July 17th. Wolfe Research set a $34.00 price objective on Tractor Supply in a report on Thursday, July 16th. The Goldman Sachs Group reiterated a “buy” rating and set a $38.00 price objective (down from $43.00) on shares of Tractor Supply in a research report on Friday, July 24th. Finally, Telsey Advisory Group dropped their target price on Tractor Supply from $40.00 to $38.00 and set an “outperform” rating on the stock in a research report on Friday, July 24th. Thirteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Tractor Supply currently has an average rating of “Hold” and an average target price of $39.31.

Insiders Place Their Bets

In related news, Director Andre J. Hawaux acquired 3,150 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was bought at an average cost of $31.83 per share, for a total transaction of $100,264.50. Following the purchase, the director owned 3,150 shares in the company, valued at $100,264.50. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Edna Morris bought 1,560 shares of Tractor Supply stock in a transaction that occurred on Tuesday, August 4th. The stock was purchased at an average cost of $32.44 per share, with a total value of $50,606.40. Following the completion of the acquisition, the director directly owned 279,720 shares in the company, valued at $9,074,116.80. This represents a 0.56% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased a total of 20,310 shares of company stock worth $652,411 over the last quarter. 0.64% of the stock is currently owned by corporate insiders.

Tractor Supply Stock Up 0.1%

TSCO opened at $34.72 on Friday. The firm’s 50 day simple moving average is $32.31 and its two-hundred day simple moving average is $38.02. The company has a market capitalization of $18.21 billion, a PE ratio of 18.08, a PEG ratio of 11.29 and a beta of 0.47. Tractor Supply Company has a 1-year low of $28.36 and a 1-year high of $62.87. 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 issued 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 business had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.58 billion. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The company’s revenue was up 2.3% on a year-over-year basis. 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. As a group, equities analysts forecast that Tractor Supply Company will post 1.93 EPS for the current year.

Tractor Supply Dividend Announcement

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

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.