Commerzbank Aktiengesellschaft FI Takes Position in Tractor Supply Company $TSCO

Commerzbank Aktiengesellschaft FI acquired a new stake in shares of Tractor Supply Company (NASDAQ:TSCO) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 57,071 shares of the specialty retailer’s stock, valued at approximately $1,804,000.

Several other hedge funds also recently made changes to their positions in TSCO. Goldman Sachs Group Inc. boosted its holdings in Tractor Supply by 6.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,121,526 shares of the specialty retailer’s stock worth $156,108,000 after buying an additional 184,146 shares in the last quarter. Swedbank AB increased its holdings in shares of Tractor Supply by 3.3% in the fourth quarter. Swedbank AB now owns 1,129,182 shares of the specialty retailer’s stock valued at $56,470,000 after buying an additional 36,495 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in shares of Tractor Supply by 44.2% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 727,125 shares of the specialty retailer’s stock valued at $36,364,000 after buying an additional 222,750 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Tractor Supply by 4.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,103,395 shares of the specialty retailer’s stock valued at $56,086,000 after acquiring an additional 46,010 shares during the last quarter. Finally, King Luther Capital Management Corp lifted its position in shares of Tractor Supply by 1.6% during the 4th quarter. King Luther Capital Management Corp now owns 2,387,723 shares of the specialty retailer’s stock valued at $119,410,000 after acquiring an additional 36,778 shares during the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

Tractor Supply Stock Performance

Shares of Tractor Supply stock opened at $34.68 on Tuesday. The stock has a market cap of $18.19 billion, a PE ratio of 18.06, a price-to-earnings-growth ratio of 11.66 and a beta of 0.47. The business has a fifty day simple moving average of $31.48 and a 200-day simple moving average of $39.08. The company has a quick ratio of 0.23, a current ratio of 1.33 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 posted its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.01). The business had revenue of $4.54 billion for the quarter, compared to analyst estimates 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 posted $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. On average, sell-side analysts anticipate that Tractor Supply Company will post 1.93 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

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

Insider Transactions at Tractor Supply

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

Analyst Ratings Changes

A number of equities analysts recently issued reports on TSCO shares. BNP Paribas Exane decreased their target price on Tractor Supply from $58.00 to $45.00 and set an “outperform” rating on the stock in a report on Wednesday, April 22nd. Barclays set a $35.00 price target on Tractor Supply and gave the company an “equal weight” rating in a research report on Monday, July 13th. Jefferies Financial Group reaffirmed a “buy” rating and set a $51.00 price objective on shares of Tractor Supply in a research note on Tuesday, April 21st. Mizuho set a $28.00 target price on shares of Tractor Supply and gave the stock a “neutral” rating in a report on Friday, July 24th. Finally, Stephens dropped their target price on shares of Tractor Supply from $53.00 to $43.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 22nd. Thirteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently 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.