Hilltop National Bank purchased a new position in Tractor Supply Company (NASDAQ:TSCO – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 9,770 shares of the specialty retailer’s stock, valued at approximately $516,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. GW&K Investment Management LLC raised its position in shares of Tractor Supply by 89.3% in 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 in the last quarter. Opal Wealth Advisors LLC acquired a new position in shares of Tractor Supply in the 2nd quarter valued at approximately $35,000. Financial Gravity Asset Management Inc. acquired a new position in shares of Tractor Supply in the 1st quarter valued at approximately $39,000. Smallwood Wealth Investment Management LLC acquired a new position in shares of Tractor Supply in the 1st quarter valued at approximately $41,000. Finally, Zions Bancorporation National Association UT acquired a new position in shares of Tractor Supply in the 1st quarter valued at approximately $41,000. Hedge funds and other institutional investors own 98.72% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on TSCO. Telsey Advisory Group set a $70.00 target price on Tractor Supply in a research report on Friday, July 25th. Piper Sandler upped their target price on Tractor Supply from $66.00 to $67.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Loop Capital upped their target price on Tractor Supply from $48.00 to $60.00 and gave the company a “hold” rating in a research report on Friday, July 25th. Evercore ISI upped their target price 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. Finally, Raymond James Financial reissued an “outperform” rating and set a $65.00 price target (up from $57.00) on shares of Tractor Supply in a research report on Friday, July 25th. Fourteen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, Tractor Supply has an average rating of “Moderate Buy” and a consensus target price of $62.15.
Insider Buying and Selling at Tractor Supply
In related news, SVP Noni L. Ellison sold 5,200 shares of Tractor Supply 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 in the company, valued at $1,831,750.44. The trade was a 15.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Colin Yankee sold 6,680 shares of Tractor Supply stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $58.40, for a total value of $390,112.00. Following the transaction, the executive vice president directly owned 40,142 shares in the company, valued at approximately $2,344,292.80. The trade was a 14.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 146,500 shares of company stock valued at $8,984,912. 0.65% of the stock is currently owned by insiders.
Tractor Supply Price Performance
Shares of NASDAQ TSCO opened at $55.83 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.28 and a quick ratio of 0.16. The firm has a market capitalization of $29.59 billion, a PE ratio of 27.39, a P/E/G ratio of 2.88 and a beta of 0.73. Tractor Supply Company has a 1-year low of $46.85 and a 1-year high of $63.99. The business’s fifty day moving average price is $59.45 and its two-hundred day moving average price is $54.87.
Tractor Supply (NASDAQ:TSCO – Get Free Report) last posted its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. The company had revenue of $4.44 billion for 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 firm’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period last year, the business posted $3.93 earnings per share. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. On average, research analysts expect that Tractor Supply Company will post 2.17 EPS for the current year.
Tractor Supply Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 9th. Shareholders of record on Monday, August 25th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Monday, August 25th. Tractor Supply’s dividend payout ratio (DPR) is presently 45.10%.
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.
Featured Stories
- Five stocks we like better than Tractor Supply
- Pets Are Big Business: 4 Big-Ticket Pet Stocks to Add to Your Portfolio
- After Trump Deal, Can Meta Stock Withstand TikTok’s Onslaught?
- The 3 Best Retail Stocks to Shop for in August
- Alphabet: After Its Best Quarter in Decades, Is It Time to Buy?
- The Role Economic Reports Play in a Successful Investment Strategy
- Forget Airlines—These Trucking Stocks Are Shifting Into High Gear
Want to see what other hedge funds are holding TSCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tractor Supply Company (NASDAQ:TSCO – Free Report).
Receive News & Ratings for Tractor Supply Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tractor Supply and related companies with MarketBeat.com's FREE daily email newsletter.