who owns tractor supply company

Tractor Supply Company is a retail chain store that specializes in home improvement, agriculture, and other related products. The company, which was founded in 1938, has grown to become one of the largest farm and home supply retailers in the United States, with over 1900 stores spread across 49 states. It is a publicly-traded company that is listed on the NASDAQ stock exchange. In this article, we explore who owns Tractor Supply Company.

Ownership Structure

Tractor Supply Company is owned by its shareholders, who have a say in how the company is run. As a publicly-traded company, anyone can buy shares of Tractor Supply on the stock exchange, giving them a stake in the company. The company also has a board of directors who oversee its operations and strategy. The board is made up of 11 members, most of whom are independent directors. The CEO, Hal Lawton, also sits on the board.

Major Shareholders

Tractor Supply Company has several major shareholders who own significant stakes in the company. The largest shareholder is The Vanguard Group, Inc., which owns over 16 million shares, or around 14% of the company. BlackRock, Inc. is the second-largest shareholder, with over 13 million shares, or around 12% of the company. Other major shareholders include State Street Corporation, which owns around 5% of the company, and T. Rowe Price Associates, Inc., which owns around 4%.

History of Ownership

Tractor Supply Company has been a publicly-traded company since 1969, when it was listed on the NASDAQ stock exchange. Over the years, the ownership of the company has changed hands several times, as different investors bought and sold shares. In 2013, the company faced pressure from activist investor Relational Investors LLC to make changes to its strategy and improve shareholder returns. As a result, the company launched several initiatives to boost profitability and shareholder value.

Conclusion

In conclusion, Tractor Supply Company is owned by its shareholders, who have a say in how the company is run. The company has a diverse group of major shareholders, including The Vanguard Group, BlackRock, and State Street Corporation. As a publicly-traded company, Tractor Supply has a history of changing ownership over the years, but has remained focused on delivering value to shareholders. With a strong presence in the home improvement and agriculture markets, Tractor Supply Company looks set to continue growing and delivering returns to its investors.