Aberdeen Group plc Purchases 43,269 Shares of Tractor Supply Company $TSCO

Aberdeen Group plc grew its position in shares of Tractor Supply Company (NASDAQ:TSCO) by 10.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 457,357 shares of the specialty retailer’s stock after acquiring an additional 43,269 shares during the period. Aberdeen Group plc owned about 0.09% of Tractor Supply worth $24,135,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of TSCO. GW&K Investment Management LLC raised its stake in shares of Tractor Supply by 89.3% during the first quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 226 shares during the last quarter. Opal Wealth Advisors LLC bought a new position in shares of Tractor Supply during the second quarter valued at about $35,000. Financial Gravity Asset Management Inc. bought a new position in shares of Tractor Supply during the first quarter valued at about $39,000. Smallwood Wealth Investment Management LLC bought a new position in shares of Tractor Supply during the first quarter valued at about $41,000. Finally, Zions Bancorporation National Association UT bought a new position in shares of Tractor Supply during the first quarter valued at about $41,000. 98.72% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TSCO. Piper Sandler increased their price target on shares of Tractor Supply from $66.00 to $67.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Telsey Advisory Group set a $70.00 price target on shares of Tractor Supply in a research note on Friday, July 25th. Loop Capital increased their price target on shares of Tractor Supply from $48.00 to $60.00 and gave the stock a “hold” rating in a research note on Friday, July 25th. Citigroup raised shares of Tractor Supply from a “neutral” rating to a “buy” rating and increased their price target for the stock from $60.00 to $62.00 in a research note on Thursday. Finally, Robert W. Baird increased their price target on shares of Tractor Supply from $56.00 to $61.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Fifteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Tractor Supply has a consensus rating of “Moderate Buy” and a consensus target price of $62.45.

Insider Activity at Tractor Supply

In related news, SVP Noni L. Ellison sold 5,200 shares of the firm’s stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $63.96, for a total value of $332,592.00. Following the transaction, the senior vice president directly owned 28,639 shares of the company’s stock, valued at approximately $1,831,750.44. This trade represents a 15.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Denise L. Jackson sold 1,165 shares of the firm’s stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of $58.50, for a total value of $68,152.50. Following the completion of the transaction, the director directly owned 31,123 shares in the company, valued at approximately $1,820,695.50. This represents a 3.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 103,045 shares of company stock worth $6,547,257 in the last three months. 0.65% of the stock is currently owned by company insiders.

Tractor Supply Trading Up 1.2%

NASDAQ:TSCO opened at $54.91 on Tuesday. The company’s 50 day moving average price is $58.99 and its 200-day moving average price is $54.94. Tractor Supply Company has a 52 week low of $46.85 and a 52 week high of $63.99. The company has a quick ratio of 0.16, a current ratio of 1.28 and a debt-to-equity ratio of 0.68. The stock has a market cap of $29.10 billion, a price-to-earnings ratio of 26.94, a PEG ratio of 2.78 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 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. The firm had revenue of $4.44 billion for the quarter, compared to analysts’ expectations of $4.40 billion. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.93 earnings per share. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. On average, equities research analysts forecast that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, August 25th were given a dividend of $0.23 per share. The ex-dividend date was Monday, August 25th. This represents a $0.92 dividend on an annualized basis and a yield of 1.7%. Tractor Supply’s dividend payout ratio is 45.10%.

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.