Tractor Supply (NASDAQ:TSCO) Stock Acquired Rep. Marjorie Taylor Greene

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Tractor Supply NASDAQ: TSCO. In a filing disclosed on November 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Tractor Supply stock on November 7th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Berkshire Hathaway NYSE: BRK.B on 11/7/2024.
• Purchased $1,001 - $15,000 in shares of FedEx NYSE: FDX on 11/7/2024.
• Purchased $1,001 - $15,000 in shares of Dell Technologies NYSE: DELL on 11/7/2024.
• Purchased $1,001 - $15,000 in shares of Southern NYSE: SO on 11/7/2024.
• Purchased $1,001 - $15,000 in shares of Hershey NYSE: HSY on 11/7/2024.
• Purchased $1,001 - $15,000 in shares of Blackstone NYSE: BX on 11/7/2024.
• Purchased $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 11/7/2024.
• Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 11/7/2024.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 11/7/2024.
• Purchased $1,001 - $15,000 in shares of Palo Alto Networks NASDAQ: PANW on 11/7/2024.

Tractor Supply Price Performance

Shares of TSCO stock traded down $2.38 during mid-day trading on Tuesday, reaching $279.19. The company's stock had a trading volume of 837,936 shares, compared to its average volume of 1,058,433. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.17 and a current ratio of 1.48. The firm's 50-day moving average is $283.77 and its two-hundred day moving average is $275.24. Tractor Supply has a 1-year low of $193.73 and a 1-year high of $307.64. The company has a market cap of $30.12 billion, a P/E ratio of 27.39, a PEG ratio of 3.62 and a beta of 0.82.

Tractor Supply Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Monday, November 25th will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.58%. The ex-dividend date is Monday, November 25th. Tractor Supply's payout ratio is presently 42.80%.

Institutional Investors Weigh In On Tractor Supply

Large investors have recently made changes to their positions in the stock. Henrickson Nauta Wealth Advisors Inc. increased its stake in shares of Tractor Supply by 3.2% during the 3rd quarter. Henrickson Nauta Wealth Advisors Inc. now owns 1,127 shares of the specialty retailer's stock worth $328,000 after purchasing an additional 35 shares during the last quarter. Private Advisor Group LLC raised its stake in Tractor Supply by 0.5% in the third quarter. Private Advisor Group LLC now owns 7,693 shares of the specialty retailer's stock valued at $2,238,000 after buying an additional 37 shares during the period. Signature Wealth Management Group raised its stake in Tractor Supply by 0.5% in the second quarter. Signature Wealth Management Group now owns 6,999 shares of the specialty retailer's stock valued at $1,890,000 after buying an additional 38 shares during the period. X Square Capital LLC lifted its position in shares of Tractor Supply by 1.6% in the second quarter. X Square Capital LLC now owns 2,579 shares of the specialty retailer's stock valued at $696,000 after buying an additional 41 shares during the last quarter. Finally, TCI Wealth Advisors Inc. boosted its stake in shares of Tractor Supply by 5.1% during the 3rd quarter. TCI Wealth Advisors Inc. now owns 846 shares of the specialty retailer's stock worth $246,000 after acquiring an additional 41 shares during the period. Institutional investors and hedge funds own 98.72% of the company's stock.

Insider Buying and Selling

In related news, CFO Kurt D. Barton sold 23,532 shares of the company's stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $295.64, for a total value of $6,957,000.48. Following the transaction, the chief financial officer now owns 9,683 shares in the company, valued at approximately $2,862,682.12. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.24% of the stock is owned by insiders.

Analysts Set New Price Targets

TSCO has been the topic of several recent analyst reports. Telsey Advisory Group restated an "outperform" rating and issued a $335.00 target price on shares of Tractor Supply in a research note on Thursday, October 24th. UBS Group upped their price objective on shares of Tractor Supply from $272.00 to $280.00 and gave the stock a "neutral" rating in a research note on Friday, October 25th. Citigroup cut shares of Tractor Supply from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 17th. Robert W. Baird set a $320.00 target price on Tractor Supply in a report on Thursday, October 17th. Finally, Evercore ISI cut shares of Tractor Supply from an "outperform" rating to an "in-line" rating and set a $300.00 price objective for the company. in a research report on Thursday, October 3rd. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $282.82.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2025. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2024 election. Marjorie Taylor Greene earned a bachelor's degree in business administration from the University of Georgia. Greene's career experience includes co-owning construction company Taylor Commercial and founding and owning a CrossFit gym.

About Tractor Supply

Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers various merchandise, including livestock and equine feed and equipment, poultry, fencing, and sprayers and chemicals; food, treats, and equipment for dogs, cats, and other small animals, as well as dog wellness products; seasonal and recreation products comprising tractors and riders, lawn and garden, bird feeding, power equipment, and other recreational products; truck, tool, and hardware products, such as truck accessories, trailers, generators, lubricants, batteries, and hardware and tools; and clothing, gift, and décor products consist of clothing, footwear, toys, snacks, and decorative merchandise.