Jefferies Financial Group Inc. Purchases Shares of 65,609 Tractor Supply Company $TSCO

Jefferies Financial Group Inc. purchased a new position in shares of Tractor Supply Company (NASDAQ:TSCO) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 65,609 shares of the specialty retailer’s stock, valued at approximately $2,074,000.

Several other institutional investors and hedge funds have also made changes to their positions in TSCO. Garner Asset Management Corp purchased a new position in Tractor Supply in the fourth quarter valued at approximately $25,000. Elevation Wealth Partners LLC boosted its holdings in shares of Tractor Supply by 1,253.4% in the 2nd 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 in the last quarter. Reflection Asset Management acquired a new position in shares of Tractor Supply in the 4th quarter valued at $26,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Tractor Supply in the 2nd quarter valued at $26,000. Finally, Core Wealth Advisors LLC acquired a new stake in Tractor Supply during the 4th quarter worth $27,000. 98.72% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Andre J. Hawaux bought 3,150 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were bought at an average cost 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 in the company, valued at $100,264.50. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Edna Morris bought 1,560 shares of the stock in a transaction on Tuesday, August 4th. The stock was purchased at an average cost of $32.44 per share, for a total transaction of $50,606.40. Following the acquisition, the director directly owned 279,720 shares of the company’s stock, valued at $9,074,116.80. The trade was a 0.56% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders acquired 20,310 shares of company stock worth $652,411. 0.64% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Piper Sandler set a $31.00 price objective on shares of Tractor Supply and gave the company a “neutral” rating in a research note on Friday, July 24th. Barclays set a $35.00 target price on Tractor Supply and gave the company an “equal weight” rating in a report on Monday, July 13th. 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. Mizuho set a $28.00 price target on Tractor Supply and gave the stock a “neutral” rating in a research report on Friday, July 24th. Finally, Weiss Ratings upgraded Tractor Supply from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday. Thirteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Tractor Supply currently has an average rating of “Hold” and a consensus target price of $39.31.

Tractor Supply Stock Performance

Shares of TSCO stock opened at $34.72 on Friday. The stock has a market capitalization of $18.21 billion, a PE ratio of 18.08, a price-to-earnings-growth ratio of 11.29 and a beta of 0.47. Tractor Supply Company has a 52-week low of $28.36 and a 52-week high of $62.87. The stock’s 50-day moving average price is $32.31 and its 200 day moving average price is $38.02. 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 (NASDAQ:TSCO) last released its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 EPS for the quarter, missing the consensus estimate 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 return on equity of 41.74% and a net margin of 6.42%.Tractor Supply’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. As a group, equities research analysts forecast that Tractor Supply Company will post 1.93 EPS for the current year.

Tractor Supply Announces Dividend

The firm also recently declared 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. This represents a $0.96 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, August 24th. Tractor Supply’s dividend payout ratio (DPR) 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.