Montrusco Bolton Investments Inc. Acquires New Position in Tractor Supply Company $TSCO

Montrusco Bolton Investments Inc. acquired a new stake in shares of Tractor Supply Company (NASDAQ:TSCO) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 931,032 shares of the specialty retailer’s stock, valued at approximately $49,131,000. Tractor Supply makes up 0.5% of Montrusco Bolton Investments Inc.’s holdings, making the stock its 29th biggest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. GW&K Investment Management LLC raised its holdings 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 bought a new stake in shares of Tractor Supply in the 2nd quarter valued at about $35,000. Financial Gravity Asset Management Inc. bought a new stake in shares of Tractor Supply in the 1st quarter valued at about $39,000. Smallwood Wealth Investment Management LLC bought a new stake in shares of Tractor Supply in the 1st quarter valued at about $41,000. Finally, Zions Bancorporation National Association UT bought a new stake in shares of Tractor Supply in the 1st quarter valued at about $41,000. Institutional investors own 98.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Wall Street Zen upgraded shares of Tractor Supply from a “sell” rating to a “hold” rating in a report on Saturday, July 26th. Wells Fargo & Company boosted their price target on shares of Tractor Supply from $63.00 to $65.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Weiss Ratings restated a “buy (b)” rating on shares of Tractor Supply in a report on Wednesday, October 8th. Wolfe Research began coverage on shares of Tractor Supply in a report on Thursday, September 18th. They issued an “outperform” rating and a $70.00 price target for the company. Finally, Truist Financial boosted their price objective on shares of Tractor Supply from $60.00 to $66.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Fifteen equities research 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 an average price target of $62.45.

Tractor Supply Trading Up 0.0%

NASDAQ TSCO opened at $54.24 on Monday. 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 firm has a market cap of $28.74 billion, a PE ratio of 26.61, a price-to-earnings-growth ratio of 2.78 and a beta of 0.73. The company has a 50 day moving average price of $59.08 and a 200 day moving average price of $54.93. Tractor Supply Company has a 52 week low of $46.85 and a 52 week high of $63.99.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly 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. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The business had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.40 billion. During the same quarter in the prior year, the business posted $3.93 EPS. Tractor Supply’s revenue for the quarter was up 4.5% compared to the same quarter last year. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, sell-side analysts forecast that Tractor Supply Company will post 2.17 EPS for the current fiscal year.

Tractor Supply Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 9th. Shareholders of record on Monday, August 25th were paid 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 presently 45.10%.

Insider Activity at Tractor Supply

In other Tractor Supply news, 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 transaction, the chief financial officer owned 47,715 shares in the company, valued at approximately $3,051,851.40. This represents a 65.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Colin Yankee sold 6,680 shares of the company’s stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $58.40, for a total transaction of $390,112.00. Following the transaction, the executive vice president owned 40,142 shares in the company, valued at $2,344,292.80. The trade was a 14.27% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 103,045 shares of company stock worth $6,547,257. 0.65% of the stock is owned by company insiders.

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.