Benjamin Edwards Inc. raised its holdings in Tractor Supply Company (NASDAQ:TSCO) by 16.6% during the first quarter, owning 1,010,704 shares valued at approximately $55.7 million, representing 0.19% of the company's stock. Tractor Supply reported a quarterly earnings per share (EPS) of $0.81, exceeding analyst estimates of $0.80, with revenue of $4.44 billion, up 4.5% year-over-year. The company announced a quarterly dividend of $0.23, yielding 1.6%, to be paid on September 9th to shareholders of record on August 25th. The dividend represents an annualized payout of $0.92 and a dividend payout ratio of 45.10%. Tractor Supply has a market capitalization of $31.42 billion, a price-to-earnings ratio of 29.08, a PEG ratio of 3.09, and a beta of 0.75. The stock has a one-year low of $46.85 and a one-year high of $63.99, with a 50-day simple moving average of $55.02 and a 200-day simple moving average of $53.71. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.16, and a current ratio of 1.28. In recent insider transactions, the Executive Vice President sold 6,680 shares at an average price of $58.40, reducing their position by 14.27%, and Director Denise L. Jackson sold 4,630 shares at $55.93, reducing their position by 11.60%. Over the past 90 days, insiders have sold 207,490 shares worth $12.22 million, representing 0.65% of the stock. Analyst ratings have seen several updates: Loop Capital raised its price target to $60.00 with a 'hold' rating, Evercore ISI raised it to $65.00 with an 'in-line' rating, Telsey Advisory Group set a $70.00 target, Citigroup lowered it to $51.00 with a 'neutral' rating, and Piper Sandler raised it to $67.00 with an 'overweight' rating. Nine analysts have a 'hold' rating and thirteen have a 'buy' rating, resulting in an average rating of 'Moderate Buy' and an average target price of $61.80. Tractor Supply operates as a rural lifestyle retailer in the United States, offering products such as livestock and equine supplies, pet food and equipment, seasonal and recreation products, truck and hardware items, and clothing, gift, and décor products.

Benjamin Edwards Inc. Raises Holdings in Tractor Supply Company (NASDAQ:TSCO)

Benjamin Edwards Inc. increased its ownership of Tractor Supply Company (TSCO) by 16.6% in the first quarter, holding 1,010,704 shares valued at $55.7 million, or 0.19% of the company's stock. Tractor Supply reported a quarterly EPS of $0.81, exceeding estimates, with $4.44 billion in revenue, up 4.5% year-over-year. The company announced a $0.23 quarterly dividend, yielding 1.6%, with an annualized payout of $0.92 and a payout ratio of 45.10%. It has a market cap of $31.42 billion, a P/E ratio of 29.08, a PEG ratio of 3.09, and a beta of 0.75. The stock traded between $46.85 and $63.99 over the past year, with 50-day and 200-day moving averages at $55.02 and $53.71, respectively. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.16, and a current ratio of 1.28. Insiders including Executive Vice President and Director Denise L. Jackson sold shares, reducing their positions by 14.27% and 11.60% respectively, with total insider sales over 90 days amounting to 207,490 shares worth $12.22 million. Analyst ratings were updated, with Loop Capital, Evercore ISI, Telsey Advisory Group, Citigroup, and Piper Sandler adjusting price targets to $60.00, $65.00, $70.00, $51.00, and $67.00, respectively, and the average target price now at $61.80. Tractor Supply is a rural lifestyle retailer in the U.S., offering livestock, pet, recreation, hardware, and lifestyle products.