Tractor Supply (NASDAQ:TSCO) Stock Sees Unusually High Call Option Buying

Tractor Supply Company (NASDAQ:TSCO – Get Free Report) saw unusually large options trading on Monday. Stock investors bought 11,761 call options on the stock. This is an increase of approximately 67% compared to the typical volume of 7,039 call options.

Insider Buying and Selling

In other news, CEO Harry A. Lawton III bought 15,600 shares of the stock in a transaction on Tuesday, August 4th. The shares were bought 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 owned 15,600 shares in the company, valued at $501,540. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Edna Morris bought 1,560 shares of the company’s 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 completion of the transaction, the director directly owned 279,720 shares of the company’s stock, valued at approximately $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. Insiders bought 20,310 shares of company stock valued at $652,411 over the last 90 days. Company insiders own 0.64% of the company’s stock.

Hedge Funds Weigh In On Tractor Supply

A number of hedge funds have recently modified their holdings of the company. Elevation Wealth Partners LLC grew its holdings in shares of Tractor Supply by 1,253.4% in the second quarter. Elevation Wealth Partners LLC now owns 785 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 727 shares during the last quarter. Reflection Asset Management purchased a new position in Tractor Supply in the 4th quarter worth about $26,000. Comprehensive Financial Planning Inc. PA bought a new stake in Tractor Supply during the 2nd quarter valued at about $26,000. Community Financial Services Group LLC lifted its holdings in Tractor Supply by 3,240.0% during the 2nd quarter. Community Financial Services Group LLC now owns 835 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 810 shares in the last quarter. Finally, Bayban bought a new stake in Tractor Supply during the 4th quarter valued at about $28,000. 98.72% of the stock is currently owned by institutional investors.

Tractor Supply Stock Performance

TSCO traded down $0.03 during midday trading on Monday, reaching $33.13. The company had a trading volume of 8,187,337 shares, compared to its average volume of 10,037,631. The business has a 50-day moving average of $33.74 and a two-hundred day moving average of $33.71. 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 has a 1 year low of $28.36 and a 1 year high of $58.21. The company has a market cap of $17.38 billion, a P/E ratio of 17.25, a P/E/G ratio of 2.14 and a beta of 0.52.

Tractor Supply (NASDAQ:TSCO – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share for the quarter, missing analysts’ consensus estimates 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 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 earned $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. As a group, equities research analysts predict that Tractor Supply will post 1.93 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th were paid a dividend of $0.24 per share. The ex-dividend date was Monday, August 24th. This represents a $0.96 dividend on an annualized basis and a yield of 2.9%. Tractor Supply’s dividend payout ratio (DPR) is presently 50.00%.

Wall Street Analysts Forecast Growth

TSCO has been the topic of several recent research reports. Morgan Stanley reiterated a “negative” rating and issued a $35.00 price objective on shares of Tractor Supply in a research note on Friday, July 24th. Barclays set a $35.00 price objective on shares of Tractor Supply and gave the stock an “equal weight” rating in a report on Monday, July 13th. Evercore restated an “outperform” rating and set a $40.00 target price on shares of Tractor Supply in a research report on Tuesday, July 7th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $38.00 target price (down from $43.00) on shares of Tractor Supply in a report on Friday, July 24th. Finally, Piper Sandler reaffirmed a “neutral” rating and set a $33.00 target price (up from $31.00) on shares of Tractor Supply in a report on Monday. Thirteen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $39.00.

Read Our Latest Research Report on Tractor Supply

Tractor Supply Company Profile

(Get Free Report)

Tractor Supply Company (NASDAQ:TSCO) is a specialty retailer serving the needs of farmers, ranchers, hobby farmers, pet owners, gardeners and other rural lifestyle customers. The company operates under the Tractor Supply banner and focuses on products that support everyday rural living, land maintenance and animal care.

Its merchandise includes livestock and pet feed, animal health and care products, fencing, hardware, tools, power equipment, lawn and garden supplies, work clothing, footwear, automotive products and seasonal goods.

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