Parallel Advisors LLC Decreases Stake in Tractor Supply Company $TSCO

Parallel Advisors LLC reduced its position in Tractor Supply Company (NASDAQ:TSCO) by 8.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,708 shares of the specialty retailer’s stock after selling 755 shares during the period. Parallel Advisors LLC’s holdings in Tractor Supply were worth $407,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in TSCO. GW&K Investment Management LLC lifted its position in shares of Tractor Supply by 89.3% in the first quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer’s stock worth $26,000 after buying an additional 226 shares in the last quarter. Financial Gravity Asset Management Inc. purchased a new stake in shares of Tractor Supply in the first quarter worth about $39,000. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Tractor Supply in the first quarter worth about $41,000. Zions Bancorporation National Association UT purchased a new stake in shares of Tractor Supply in the first quarter worth about $41,000. Finally, Golden State Wealth Management LLC increased its stake in Tractor Supply by 502.7% during the first quarter. Golden State Wealth Management LLC now owns 904 shares of the specialty retailer’s stock worth $50,000 after acquiring an additional 754 shares during the last quarter. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on TSCO shares. Piper Sandler upped their price objective on Tractor Supply from $66.00 to $67.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Telsey Advisory Group set a $70.00 price objective on Tractor Supply in a research report on Friday, July 25th. Truist Financial upped their price objective on Tractor Supply from $60.00 to $66.00 and gave the company a “buy” rating in a research report on Friday, July 25th. The Goldman Sachs Group restated a “buy” rating on shares of Tractor Supply in a research report on Friday, July 25th. Finally, Evercore ISI upped their price objective on Tractor Supply from $60.00 to $65.00 and gave the company an “in-line” rating in a research report on Friday, July 25th. Fourteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, Tractor Supply presently has a consensus rating of “Moderate Buy” and an average price target of $62.19.

Insider Activity at Tractor Supply

In other Tractor Supply news, SVP Noni L. Ellison sold 5,200 shares of Tractor Supply stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $63.96, for a total transaction of $332,592.00. Following the completion of the sale, the senior vice president 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Denise L. Jackson sold 1,165 shares of Tractor Supply stock in a transaction dated Tuesday, July 22nd. The stock was sold at an average price of $58.50, for a total value of $68,152.50. Following the sale, the director directly owned 31,123 shares of the company’s stock, valued at approximately $1,820,695.50. This represents a 3.61% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 204,680 shares of company stock worth $12,071,552 in the last quarter. 0.65% of the stock is owned by insiders.

Tractor Supply Stock Down 0.4%

Shares of NASDAQ TSCO opened at $59.66 on Friday. The company has a current ratio of 1.28, a quick ratio of 0.16 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $31.62 billion, a PE ratio of 29.27, a price-to-earnings-growth ratio of 3.06 and a beta of 0.76. Tractor Supply Company has a 12-month low of $46.85 and a 12-month high of $63.99. The stock’s fifty day simple moving average is $59.64 and its two-hundred day simple moving average is $54.67.

Tractor Supply (NASDAQ:TSCO) last posted 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. The firm had revenue of $4.44 billion during the quarter, compared to analysts’ expectations of $4.40 billion. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%.The business’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the firm earned $3.93 EPS. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, analysts expect 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. The ex-dividend date of this dividend was Monday, August 25th. This represents a $0.92 dividend on an annualized basis and a yield of 1.5%. Tractor Supply’s payout ratio is currently 45.10%.

About Tractor Supply

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.