Tractor Supply Company $TSCO Shares Acquired by Hixon Zuercher LLC

Hixon Zuercher LLC boosted its holdings in Tractor Supply Company (NASDAQ:TSCO) by 52.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,462 shares of the specialty retailer’s stock after purchasing an additional 14,936 shares during the quarter. Hixon Zuercher LLC’s holdings in Tractor Supply were worth $1,374,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in TSCO. JPL Wealth Management LLC acquired a new position in shares of Tractor Supply in the 3rd quarter valued at about $28,000. Garner Asset Management Corp bought a new stake in shares of Tractor Supply during the 4th quarter valued at about $25,000. Reflection Asset Management acquired a new stake in Tractor Supply during the fourth quarter worth about $26,000. Core Wealth Advisors LLC acquired a new stake in Tractor Supply during the fourth quarter worth about $27,000. Finally, Bayban acquired a new stake in Tractor Supply during the fourth quarter worth about $28,000. Institutional investors own 98.72% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Harry A. Lawton III acquired 15,600 shares of Tractor Supply stock in a transaction that occurred on Tuesday, August 4th. The stock was acquired at an average price of $32.15 per share, with a total value of $501,540.00. Following the completion of the acquisition, the chief executive officer directly owned 15,600 shares of the company’s stock, valued at $501,540. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andre J. Hawaux bought 3,150 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was bought at an average price of $31.83 per share, with a total value of $100,264.50. Following the transaction, the director directly owned 3,150 shares in the company, valued at $100,264.50. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders acquired 20,310 shares of company stock worth $652,411. 0.64% of the stock is owned by company insiders.

Tractor Supply Price Performance

Shares of NASDAQ:TSCO opened at $36.43 on Thursday. The firm’s 50 day moving average is $31.13 and its two-hundred day moving average is $39.50. The firm has a market capitalization of $19.11 billion, a P/E ratio of 18.97, a PEG ratio of 11.48 and a beta of 0.47. 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 52 week low of $28.36 and a 52 week high of $62.89.

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 the consensus estimate of $0.82 by ($0.01). Tractor Supply had a return on equity of 41.74% and a net margin of 6.42%.The business had revenue of $4.54 billion for the quarter, compared to analyst estimates of $4.58 billion. During the same quarter in the prior year, the firm posted $0.81 earnings per share. The business’s quarterly revenue was up 2.3% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Analysts anticipate that Tractor Supply Company will post 1.93 earnings per share for the current year.

Tractor Supply Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Monday, August 24th. Tractor Supply’s payout ratio is 50.00%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on TSCO. Telsey Advisory Group decreased their target price on Tractor Supply from $40.00 to $38.00 and set an “outperform” rating for the company in a research note on Friday, July 24th. DA Davidson dropped their price target on Tractor Supply from $50.00 to $40.00 and set a “buy” rating on the stock in a research report on Monday, June 22nd. Stephens cut their price target on Tractor Supply from $53.00 to $43.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 22nd. Mizuho set a $28.00 price objective on Tractor Supply and gave the company a “neutral” rating in a research report on Friday, July 24th. Finally, Weiss Ratings downgraded Tractor Supply from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, July 23rd. Thirteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $39.31.

Tractor Supply 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.