Liberty Capital Management Inc. Purchases 5,193 Shares of Tractor Supply Company $TSCO

Liberty Capital Management Inc. lifted its position in shares of Tractor Supply Company (NASDAQ:TSCO) by 9.7% in the second quarter, HoldingsChannel.com reports. The fund owned 58,678 shares of the specialty retailer’s stock after buying an additional 5,193 shares during the period. Liberty Capital Management Inc.’s holdings in Tractor Supply were worth $3,096,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GW&K Investment Management LLC lifted its holdings in shares of Tractor Supply by 89.3% during the 1st quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 226 shares during the period. Opal Wealth Advisors LLC bought a new stake in shares of Tractor Supply during the 2nd quarter worth approximately $35,000. Financial Gravity Asset Management Inc. bought a new stake in shares of Tractor Supply during the 1st quarter worth approximately $39,000. Smallwood Wealth Investment Management LLC bought a new stake in shares of Tractor Supply during the 1st quarter worth approximately $41,000. Finally, Zions Bancorporation National Association UT bought a new stake in shares of Tractor Supply during the 1st quarter worth approximately $41,000. Institutional investors own 98.72% of the company’s stock.

Insider Transactions at Tractor Supply

In other Tractor Supply news, EVP Jonathan S. Estep sold 35,825 shares of the company’s stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $56.00, for a total value of $2,006,200.00. Following the completion of the transaction, the executive vice president directly owned 74,605 shares in the company, valued at approximately $4,177,880. This represents a 32.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Kurt D. Barton sold 90,000 shares of the company’s stock in a transaction that occurred on Thursday, July 24th. The shares were 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 owned 47,715 shares of the company’s stock, valued at approximately $3,051,851.40. This trade represents a 65.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 146,500 shares of company stock worth $8,984,912. 0.65% of the stock is currently owned by insiders.

Tractor Supply Trading Up 0.3%

Shares of NASDAQ TSCO opened at $56.87 on Wednesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.16 and a current ratio of 1.28. Tractor Supply Company has a 52-week low of $46.85 and a 52-week high of $63.99. The firm has a 50 day moving average price of $59.65 and a two-hundred day moving average price of $54.82. The stock has a market cap of $30.14 billion, a P/E ratio of 27.90, a price-to-earnings-growth ratio of 2.91 and a beta of 0.76.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts’ expectations of $4.40 billion. During the same period in the prior year, the company posted $3.93 EPS. The company’s revenue was up 4.5% on a year-over-year basis. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, equities analysts forecast that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 9th. Shareholders of record on Monday, August 25th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, August 25th. Tractor Supply’s dividend payout ratio is 45.10%.

Wall Street Analysts Forecast Growth

TSCO has been the subject of a number of recent analyst reports. Raymond James Financial reaffirmed an “outperform” rating and set a $65.00 price target (up previously from $57.00) on shares of Tractor Supply in a report on Friday, July 25th. Robert W. Baird increased their price objective on shares of Tractor Supply from $56.00 to $61.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. Piper Sandler increased their price objective on shares of Tractor Supply from $66.00 to $67.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. Wells Fargo & Company increased their price objective on shares of Tractor Supply from $63.00 to $65.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. Finally, Truist Financial increased their price objective on shares of Tractor Supply from $60.00 to $66.00 and gave the company a “buy” rating in a research note 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 an average price target of $62.15.

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.