Tractor Supply Company $TSCO Shares Sold by McKinley Carter Wealth Services Inc.

McKinley Carter Wealth Services Inc. lowered its holdings in Tractor Supply Company (NASDAQ:TSCO) by 9.5% in the 2nd quarter, Holdings Channel.com reports. The fund owned 24,570 shares of the specialty retailer’s stock after selling 2,580 shares during the quarter. McKinley Carter Wealth Services Inc.’s holdings in Tractor Supply were worth $1,297,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Tractor Supply by 4.1% in 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 purchasing an additional 2,597,450 shares during the period. Wellington Management Group LLP boosted its stake in shares of Tractor Supply by 16.0% in 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 purchasing an additional 3,815,520 shares during the period. Alliancebernstein L.P. boosted its stake in shares of Tractor Supply by 10.8% in 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 purchasing an additional 2,408,373 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Tractor Supply by 14.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 11,927,641 shares of the specialty retailer’s stock valued at $657,214,000 after purchasing an additional 1,510,489 shares during the period. Finally, Select Equity Group L.P. boosted its stake in shares of Tractor Supply by 16.8% in the first quarter. Select Equity Group L.P. now owns 8,959,995 shares of the specialty retailer’s stock valued at $493,696,000 after purchasing an additional 1,290,771 shares during the period. Institutional investors and hedge funds own 98.72% of the company’s stock.

Tractor Supply Trading Up 0.0%

Tractor Supply stock opened at $54.24 on Friday. The firm’s 50-day moving average is $59.08 and its 200-day moving average is $54.92. 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 1 year low of $46.85 and a 1 year high of $63.99. The company has a market cap of $28.74 billion, a P/E ratio of 26.61, a PEG ratio of 2.79 and a beta of 0.73.

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

Tractor Supply Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Monday, August 25th. Tractor Supply’s dividend payout ratio (DPR) is presently 45.10%.

Insider Buying and Selling at Tractor Supply

In other news, Director Denise L. Jackson sold 1,165 shares of the firm’s 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 transaction, the director directly owned 31,123 shares in the company, valued at approximately $1,820,695.50. This trade represents a 3.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Noni L. Ellison sold 5,200 shares of the firm’s 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 transaction, the senior vice president owned 28,639 shares in the company, 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 have sold 103,045 shares of company stock valued at $6,547,257. Corporate insiders own 0.65% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on TSCO. Wells Fargo & Company upped their target price 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. DA Davidson upped their target price on shares of Tractor Supply from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, July 25th. UBS Group increased their price objective on shares of Tractor Supply from $54.00 to $61.00 and gave the company a “neutral” rating in a research note on Friday, July 25th. Telsey Advisory Group set a $70.00 price objective on shares of Tractor Supply in a research note on Friday, July 25th. Finally, Wolfe Research initiated coverage on shares of Tractor Supply in a research note on Thursday, September 18th. They set an “outperform” rating and a $70.00 price objective on the stock. Fifteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $62.45.

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.