Focus Partners Wealth raised its stake in shares of Tractor Supply Company (NASDAQ:TSCO – Free Report) by 2.8% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,684 shares of the specialty retailer’s stock after purchasing an additional 1,263 shares during the period. Focus Partners Wealth’s holdings in Tractor Supply were worth $2,572,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Tractor Supply by 476.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,910,178 shares of the specialty retailer’s stock valued at $260,534,000 after purchasing an additional 4,058,875 shares in the last quarter. Wellington Management Group LLP increased its position in Tractor Supply by 16.0% during the first quarter. Wellington Management Group LLP now owns 27,604,769 shares of the specialty retailer’s stock valued at $1,521,023,000 after acquiring an additional 3,815,520 shares during the last quarter. Vanguard Group Inc. increased its position in Tractor Supply by 4.1% during the first quarter. Vanguard Group Inc. now owns 66,631,422 shares of the specialty retailer’s stock valued at $3,671,391,000 after acquiring an additional 2,597,450 shares during the last quarter. Alliancebernstein L.P. increased its position in Tractor Supply by 10.8% during the first 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, Royal Bank of Canada increased its position in Tractor Supply by 546.6% during the fourth quarter. Royal Bank of Canada now owns 1,802,801 shares of the specialty retailer’s stock valued at $95,656,000 after acquiring an additional 1,523,969 shares during the last quarter. Institutional investors own 98.72% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have weighed in on TSCO shares. Truist Financial boosted their price objective on shares of Tractor Supply from $60.00 to $66.00 and gave the company a “buy” rating in a research 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 company an “overweight” rating in a research report on Friday, July 25th. Evercore ISI boosted their price objective on shares of Tractor Supply from $60.00 to $65.00 and gave the company an “in-line” rating in a research report on Friday, July 25th. Piper Sandler upped their price target on shares of Tractor Supply from $66.00 to $67.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Finally, Telsey Advisory Group set a $70.00 price target on shares of Tractor Supply in a report on Friday, July 25th. Thirteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $61.80.
Tractor Supply Stock Down 1.6%
NASDAQ:TSCO opened at $59.61 on Tuesday. Tractor Supply Company has a 1-year low of $46.85 and a 1-year high of $63.99. The company has a 50-day moving average of $59.46 and a 200 day moving average of $54.54. The firm has a market cap of $31.59 billion, a PE ratio of 29.25, a price-to-earnings-growth ratio of 3.11 and a beta of 0.76. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.28 and a quick ratio of 0.16.
Tractor Supply (NASDAQ:TSCO – Get Free Report) last released its quarterly earnings data 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 company 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 firm earned $3.93 earnings per share. The firm’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. As a group, research analysts anticipate that Tractor Supply Company will post 2.17 EPS for the current fiscal year.
Tractor Supply Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 9th. Shareholders of record on Monday, August 25th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Monday, August 25th. Tractor Supply’s dividend payout ratio is presently 45.10%.
Insider Buying and Selling at Tractor Supply
In other Tractor Supply news, EVP Jonathan S. Estep sold 35,825 shares of the stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $56.00, for a total transaction of $2,006,200.00. Following the completion of the sale, the executive vice president directly owned 74,605 shares of the company’s stock, valued at approximately $4,177,880. This represents a 32.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Noni L. Ellison sold 5,200 shares of the stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $63.96, for a total transaction of $332,592.00. Following the sale, the senior vice president directly owned 28,639 shares of the company’s stock, valued at approximately $1,831,750.44. The trade was a 15.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 204,680 shares of company stock valued at $12,071,552. 0.65% of the stock is currently owned by corporate insiders.
Tractor Supply Company 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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