Saudi Central Bank Acquires 17,317 Shares of Tractor Supply Company $TSCO

Saudi Central Bank grew its holdings in Tractor Supply Company (NASDAQ:TSCO) by 88.8% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 36,821 shares of the specialty retailer’s stock after acquiring an additional 17,317 shares during the period. Saudi Central Bank’s holdings in Tractor Supply were worth $1,164,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Advyzon Investment Management LLC raised its position in shares of Tractor Supply by 4.3% during the 4th quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer’s stock valued at $223,000 after buying an additional 183 shares in the last quarter. Geneos Wealth Management Inc. grew its position in Tractor Supply by 22.7% in the second quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer’s stock worth $63,000 after acquiring an additional 220 shares in the last quarter. Aptus Capital Advisors LLC increased its stake in Tractor Supply by 0.4% during the fourth quarter. Aptus Capital Advisors LLC now owns 56,698 shares of the specialty retailer’s stock worth $2,835,000 after acquiring an additional 222 shares during the last quarter. Larson Financial Group LLC increased its stake in Tractor Supply by 10.0% during the fourth quarter. Larson Financial Group LLC now owns 2,477 shares of the specialty retailer’s stock worth $124,000 after acquiring an additional 225 shares during the last quarter. Finally, TD Private Client Wealth LLC raised its position in Tractor Supply by 11.6% during the fourth quarter. TD Private Client Wealth LLC now owns 2,201 shares of the specialty retailer’s stock valued at $110,000 after purchasing an additional 228 shares during the period. 98.72% of the stock is currently owned by institutional investors.

Tractor Supply Price Performance

Shares of TSCO stock opened at $35.29 on Wednesday. The stock has a 50 day moving average price of $32.91 and a 200 day moving average price of $36.96. Tractor Supply Company has a 52-week low of $28.36 and a 52-week high of $60.85. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.23 and a current ratio of 1.33. The firm has a market capitalization of $18.51 billion, a P/E ratio of 18.38, a P/E/G ratio of 3.77 and a beta of 0.48.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.01). Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The business had revenue of $4.54 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same period last year, the company earned $0.81 EPS. The business’s revenue was up 2.3% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. As a group, sell-side analysts predict that Tractor Supply Company will post 1.93 earnings per share for the current year.

Tractor Supply Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th were issued a $0.24 dividend. The ex-dividend date was Monday, August 24th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.7%. Tractor Supply’s dividend payout ratio is presently 50.00%.

Insider Transactions at Tractor Supply

In related news, Director Edna Morris purchased 1,560 shares of Tractor Supply stock in a transaction that occurred on Tuesday, August 4th. The shares were bought at an average price of $32.44 per share, with a total value of $50,606.40. Following the purchase, the director directly owned 279,720 shares of the company’s stock, valued at approximately $9,074,116.80. This represents a 0.56% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andre Hawaux acquired 3,150 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were bought at an average price of $31.83 per share, with a total value of $100,264.50. Following the acquisition, 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. Additional details regarding this purchase are available in the official SEC disclosure. Over 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.

Analysts Set New Price Targets

TSCO has been the subject of a number of recent research reports. Telsey Advisory Group dropped their target price on Tractor Supply from $40.00 to $38.00 and set an “outperform” rating for the company in a report on Friday, July 24th. Guggenheim set a $40.00 price target on Tractor Supply and gave the company a “buy” rating in a report on Friday, July 24th. Gordon Haskett raised their price target on Tractor Supply from $40.00 to $50.00 in a research report on Friday, June 12th. Loop Capital dropped their price objective on shares of Tractor Supply from $41.00 to $35.00 and set a “hold” rating for the company in a research note on Tuesday, June 16th. Finally, Piper Sandler set a $31.00 price objective on shares of Tractor Supply and gave the stock a “neutral” rating in a research note on Friday, July 24th. Thirteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $39.31.

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.