Integrated Wealth Concepts LLC decreased its holdings in shares of Tractor Supply Company (NASDAQ:TSCO – Free Report) by 16.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 13,634 shares of the specialty retailer’s stock after selling 2,622 shares during the period. Integrated Wealth Concepts LLC’s holdings in Tractor Supply were worth $751,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Jacobs Levy Equity Management Inc. raised its position in shares of Tractor Supply by 41.6% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 4,174,045 shares of the specialty retailer’s stock valued at $229,990,000 after acquiring an additional 1,226,358 shares during the last quarter. Hancock Whitney Corp raised its position in shares of Tractor Supply by 2.0% during the 1st quarter. Hancock Whitney Corp now owns 9,849 shares of the specialty retailer’s stock valued at $543,000 after acquiring an additional 194 shares during the last quarter. DoubleLine ETF Adviser LP bought a new stake in shares of Tractor Supply during the 1st quarter valued at $701,000. Alliancebernstein L.P. raised its position in shares of Tractor Supply by 10.8% during the 1st quarter. Alliancebernstein L.P. now owns 24,664,907 shares of the specialty retailer’s stock valued at $1,359,036,000 after acquiring an additional 2,408,373 shares during the last quarter. Finally, AQR Capital Management LLC raised its position in shares of Tractor Supply by 3.1% during the 1st quarter. AQR Capital Management LLC now owns 145,279 shares of the specialty retailer’s stock valued at $7,947,000 after acquiring an additional 4,305 shares during the last quarter. Institutional investors own 98.72% of the company’s stock.
Wall Street Analyst Weigh In
TSCO has been the subject of several recent research reports. Telsey Advisory Group set a $70.00 target price on shares of Tractor Supply in a research report on Friday, July 25th. UBS Group upped their price objective on shares of Tractor Supply from $54.00 to $61.00 and gave the company a “neutral” rating in a research report on Friday, July 25th. Wells Fargo & Company upped their price objective on shares of Tractor Supply from $63.00 to $65.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Robert W. Baird upped their price objective on shares of Tractor Supply from $56.00 to $61.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. Finally, Piper Sandler upped their price objective on shares of Tractor Supply from $66.00 to $67.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Thirteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $61.80.
Tractor Supply Price Performance
Shares of NASDAQ TSCO opened at $60.61 on Friday. The firm has a market cap of $32.12 billion, a PE ratio of 29.74, a PEG ratio of 3.08 and a beta of 0.76. The company has a current ratio of 1.28, a quick ratio of 0.16 and a debt-to-equity ratio of 0.68. Tractor Supply Company has a 1-year low of $46.85 and a 1-year high of $63.99. The company has a fifty day moving average price of $59.40 and a 200 day moving average price of $54.52.
Tractor Supply (NASDAQ:TSCO – Get Free Report) last announced its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The firm had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.40 billion. During the same period in the prior year, the business earned $3.93 EPS. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. Research analysts predict that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.
Tractor Supply Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were issued a $0.23 dividend. The ex-dividend date was Monday, August 25th. This represents a $0.92 annualized dividend and a dividend yield of 1.5%. Tractor Supply’s dividend payout ratio (DPR) is presently 45.10%.
Insider Buying and Selling
In other news, EVP Jonathan S. Estep sold 56,630 shares of the firm’s stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of $53.00, for a total value of $3,001,390.00. Following the completion of the transaction, the executive vice president owned 74,605 shares in the company, valued at $3,954,065. This trade represents a 43.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Colin Yankee sold 6,680 shares of the firm’s stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $58.40, for a total value of $390,112.00. Following the completion of the transaction, the executive vice president owned 40,142 shares of the company’s stock, valued at $2,344,292.80. The trade was a 14.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 204,680 shares of company stock worth $12,071,552 over the last three months. Company insiders own 0.65% of the company’s stock.
Tractor Supply Profile
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.
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