Gabelli Funds LLC Trims Stock Position in Tractor Supply Company $TSCO

Gabelli Funds LLC lessened its position in shares of Tractor Supply Company (NASDAQ:TSCO) by 3.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 113,000 shares of the specialty retailer’s stock after selling 4,500 shares during the quarter. Gabelli Funds LLC’s holdings in Tractor Supply were worth $6,226,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in TSCO. GW&K Investment Management LLC raised its position 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 valued at $26,000 after buying an additional 226 shares during the period. Dunhill Financial LLC lifted its stake in Tractor Supply by 325.8% during the fourth quarter. Dunhill Financial LLC now owns 511 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 391 shares in the last quarter. Pacific Center for Financial Services lifted its stake in Tractor Supply by 400.0% during the fourth quarter. Pacific Center for Financial Services now owns 550 shares of the specialty retailer’s stock worth $29,000 after purchasing an additional 440 shares in the last quarter. LRI Investments LLC lifted its stake in Tractor Supply by 400.0% during the fourth quarter. LRI Investments LLC now owns 615 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 492 shares in the last quarter. Finally, Financial Gravity Asset Management Inc. acquired a new position in Tractor Supply during the first quarter worth $39,000. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the company. UBS Group upped their price target on Tractor Supply from $54.00 to $61.00 and gave the stock a “neutral” rating in a research note on Friday, July 25th. Piper Sandler upped their price target on Tractor Supply from $66.00 to $67.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Loop Capital upped their price target on Tractor Supply from $48.00 to $60.00 and gave the stock a “hold” rating in a research note on Friday, July 25th. JPMorgan Chase & Co. upped their price target on Tractor Supply from $56.00 to $65.00 and gave the stock a “neutral” rating in a research note on Monday, July 21st. Finally, Bank of America raised Tractor Supply from an “underperform” rating to a “buy” rating and set a $70.00 price objective on the stock in a research report on Thursday, July 24th. Thirteen equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, Tractor Supply currently has an average rating of “Moderate Buy” and a consensus target price of $61.80.

Tractor Supply Stock Up 0.4%

Tractor Supply stock opened at $62.65 on Friday. Tractor Supply Company has a twelve month low of $46.85 and a twelve month high of $63.99. The stock’s fifty day simple moving average is $57.86 and its 200-day simple moving average is $54.24. 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 firm has a market capitalization of $33.20 billion, a P/E ratio of 30.74, a P/E/G ratio of 3.20 and a beta of 0.75.

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 business had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.40 billion. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%.The company’s revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.93 earnings per share. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, equities analysts expect that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 9th. Investors of record on Monday, August 25th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, August 25th. Tractor Supply’s dividend payout ratio is 45.10%.

Insider Transactions at Tractor Supply

In related news, EVP Colin Yankee sold 6,680 shares of the stock in a transaction on 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 owned 40,142 shares of the company’s stock, valued at $2,344,292.80. This represents a 14.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Noni L. Ellison sold 5,200 shares of the stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $63.96, for a total value of $332,592.00. Following the completion of the transaction, the senior vice president directly owned 28,639 shares in the company, valued at $1,831,750.44. This trade represents a 15.37% 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 valued at $12,071,552 over the last ninety days. Company insiders own 0.65% of the company’s stock.

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.