Tractor Supply Co. Stock Performance Update
Tractor Supply Co.’s stock price has increased by 10.2% over the past 12 months, surpassing its 52-week high of $143.50 per share. The company’s market capitalization has grown to $14.3 billion.
Recent Shareholder Activity
Wellington Management Group LLP has reduced its stake in Tractor Supply Co. by 2.5% in the second quarter of 2023, selling 1.2 million shares. This reduction may have a minor impact on the stock’s performance.
Long-Term Investment Returns
Investors who held Tractor Supply Co. stock three years ago have seen a 50% increase in value, with the stock price rising from $96.50 to $143.50 per share.
Market Performance
Tractor Supply Co.’s stock is considered a strong performer in the market, with a price-to-earnings ratio of 24.5. This ratio indicates that investors are willing to pay $24.50 for every dollar of earnings generated by the company.
Key Statistics
- Market capitalization: $14.3 billion
- 52-week high: $143.50 per share
- Price-to-earnings ratio: 24.5
- 12-month stock price increase: 10.2%