Parallel Advisors LLC increased its stake in Tractor Supply Company (NASDAQ:TSCO – Free Report) by 630.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,241 shares of the specialty retailer’s stock after acquiring an additional 48,542 shares during the period. Parallel Advisors LLC’s holdings in Tractor Supply were worth $2,548,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of TSCO. First Nebraska Trust Co purchased a new position in Tractor Supply in the first quarter valued at $1,456,000. Alpine Woods Capital Investors LLC increased its holdings in Tractor Supply by 18.2% during the 1st quarter. Alpine Woods Capital Investors LLC now owns 51,513 shares of the specialty retailer’s stock worth $2,334,000 after purchasing an additional 7,917 shares during the period. Allen Capital Group LLC raised its position in Tractor Supply by 5.1% in the 1st quarter. Allen Capital Group LLC now owns 89,975 shares of the specialty retailer’s stock valued at $4,076,000 after purchasing an additional 4,340 shares in the last quarter. GKV Capital Management Co. Inc. raised its position in Tractor Supply by 6.6% in the 1st quarter. GKV Capital Management Co. Inc. now owns 31,421 shares of the specialty retailer’s stock valued at $1,423,000 after purchasing an additional 1,941 shares in the last quarter. Finally, Western Wealth Management LLC purchased a new position in shares of Tractor Supply in the 1st quarter valued at about $993,000. 98.72% of the stock is currently owned by institutional investors and hedge funds.
Tractor Supply Trading Up 2.0%
NASDAQ TSCO opened at $34.09 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.33 and a quick ratio of 0.23. The firm’s fifty day moving average price is $30.77 and its 200 day moving average price is $39.97. The company has a market capitalization of $17.88 billion, a price-to-earnings ratio of 17.76, a price-to-earnings-growth ratio of 10.87 and a beta of 0.47. Tractor Supply Company has a 12 month low of $28.36 and a 12 month high of $62.89.
Tractor Supply Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th will be given a dividend of $0.24 per share. 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 payout ratio is 50.00%.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the company. Citigroup reissued a “buy” rating on shares of Tractor Supply in a research report on Thursday, July 16th. Wells Fargo & Company reduced their target price on shares of Tractor Supply from $47.00 to $35.00 and set an “overweight” rating on the stock in a report on Wednesday, July 15th. JPMorgan Chase & Co. decreased their price target on shares of Tractor Supply from $55.00 to $48.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Stephens dropped their price objective 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. Finally, Robert W. Baird reduced their price objective on shares of Tractor Supply from $50.00 to $38.00 and set an “outperform” rating on the stock in a report on Monday, July 20th. Thirteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Tractor Supply presently has an average rating of “Hold” and an average price target of $39.31.
Get Our Latest Stock Analysis on TSCO
Tractor Supply News Roundup
Here are the key news stories impacting Tractor Supply this week:
- Positive Sentiment: CEO Harry A. Lawton III purchased 15,600 shares for approximately $501,540 at an average price of $32.15. Directors Edna Morris and Andre Hawaux also bought shares worth roughly $50,606 and $100,265, respectively. The purchases may signal that company insiders consider recent price levels attractive. Insider purchase filings
- Positive Sentiment: Tractor Supply expanded its pet assortment by more than 200 dog and cat products, including food, treats, toys and everyday essentials. The initiative could strengthen customer traffic, sales and the company’s position in the growing pet-products market. Pet assortment expansion
- Positive Sentiment: The board declared a quarterly cash dividend of $0.24 per share. Investors of record on August 24 will receive payment on September 8. The dividend equates to approximately $0.96 annually and offers a yield near 2.8% at recent prices, providing income support for shareholders. Quarterly dividend announcement
- Neutral Sentiment: Analysts maintain a consensus “Hold” rating and an average price target of $39.31, above recent trading levels. However, the mixed recommendations indicate limited agreement on the pace of Tractor Supply’s recovery.
- Negative Sentiment: The company’s latest quarter produced EPS of $0.81 versus $0.82 expected and revenue of $4.54 billion versus $4.58 billion forecast. Revenue rose only 2.3% year over year, and fiscal 2026 EPS guidance of $1.90–$2.00 underscores continued concerns about growth and execution.
Insider Activity
In other news, CEO Harry A. Lawton III bought 15,600 shares of Tractor Supply stock in a transaction dated Tuesday, August 4th. The stock was acquired at an average cost of $32.15 per share, with a total value of $501,540.00. Following the acquisition, the chief executive officer owned 15,600 shares of the company’s stock, valued at approximately $501,540. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Edna Morris bought 1,560 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was 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 in the company, valued at approximately $9,074,116.80. This trade represents a 0.56% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders bought 20,310 shares of company stock valued at $652,411. Insiders own 0.64% of the company’s stock.
Tractor Supply Company 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.
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