Jacobi Capital Management LLC Acquires 972 Shares of Tractor Supply Company $TSCO

Jacobi Capital Management LLC lifted its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 17.4% in the first quarter, according to its most recent filing with the SEC. The firm owned 6,571 shares of the specialty retailer’s stock after acquiring an additional 972 shares during the period. Jacobi Capital Management LLC’s holdings in Tractor Supply were worth $362,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. GW&K Investment Management LLC lifted its holdings in Tractor Supply by 89.3% during the 1st quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 226 shares during the last quarter. Pacific Center for Financial Services increased its position in Tractor Supply by 400.0% in the 4th quarter. Pacific Center for Financial Services now owns 550 shares of the specialty retailer’s stock valued at $29,000 after acquiring an additional 440 shares in the last quarter. Financial Gravity Asset Management Inc. acquired a new stake in shares of Tractor Supply during the 1st quarter worth approximately $39,000. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Tractor Supply during the 1st quarter worth approximately $41,000. Finally, Zions Bancorporation National Association UT acquired a new position in Tractor Supply during the first quarter valued at approximately $41,000. 98.72% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on TSCO. DA Davidson boosted their price objective on shares of Tractor Supply from $65.00 to $70.00 and gave the company a “buy” rating in a report on Friday, July 25th. Wells Fargo & Company boosted their price objective on shares of Tractor Supply from $63.00 to $65.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Bank of America raised shares of Tractor Supply from an “underperform” rating to a “buy” rating and set a $70.00 price target on the stock in a research report on Thursday, July 24th. Truist Financial upped their price target on shares of Tractor Supply from $60.00 to $66.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Finally, UBS Group upped their price target on shares of Tractor Supply from $54.00 to $61.00 and gave the stock a “neutral” 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, Tractor Supply presently has a consensus rating of “Moderate Buy” and a consensus target price of $61.80.

Tractor Supply Trading Up 1.0%

TSCO stock opened at $60.61 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.16 and a current ratio of 1.28. The company’s 50-day simple moving average is $59.40 and its 200 day simple moving average is $54.51. Tractor Supply Company has a 52 week low of $46.85 and a 52 week high of $63.99. The company has a market capitalization of $32.12 billion, a PE ratio of 29.74, a price-to-earnings-growth ratio of 3.08 and a beta of 0.76.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings results on Thursday, July 24th. The specialty retailer reported $0.81 EPS for the quarter, beating the consensus estimate of $0.80 by $0.01. The business had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.40 billion. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. Tractor Supply’s revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the company posted $3.93 earnings per share. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, sell-side analysts anticipate that Tractor Supply Company will post 2.17 earnings per share for the current year.

Tractor Supply Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Shareholders of record on Monday, August 25th were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Monday, August 25th. Tractor Supply’s dividend payout ratio is presently 45.10%.

Insider Activity

In other news, Director Denise L. Jackson sold 1,165 shares of the stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $58.50, for a total value of $68,152.50. Following the completion of the transaction, the director owned 31,123 shares of the company’s stock, valued at approximately $1,820,695.50. This represents a 3.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Kurt D. Barton sold 90,000 shares of the stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $63.96, for a total transaction of $5,756,400.00. Following the completion of the transaction, the chief financial officer directly owned 47,715 shares of the company’s stock, valued at $3,051,851.40. This trade represents a 65.35% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 204,680 shares of company stock valued at $12,071,552. 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.