SteelPeak Wealth LLC Has $1.27 Million Stock Position in Tractor Supply Company $TSCO

SteelPeak Wealth LLC trimmed its position in Tractor Supply Company (NASDAQ:TSCO) by 2.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,079 shares of the specialty retailer’s stock after selling 708 shares during the quarter. SteelPeak Wealth LLC’s holdings in Tractor Supply were worth $1,271,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. APG Asset Management N.V. increased its position in Tractor Supply by 33.3% in the first quarter. APG Asset Management N.V. now owns 475,484 shares of the specialty retailer’s stock worth $24,254,000 after purchasing an additional 118,884 shares during the period. Ameriprise Financial Inc. increased its position in Tractor Supply by 19.4% in the first quarter. Ameriprise Financial Inc. now owns 2,064,224 shares of the specialty retailer’s stock worth $113,745,000 after purchasing an additional 335,563 shares during the period. Bahl & Gaynor Inc. grew its position in shares of Tractor Supply by 31.0% during the 1st quarter. Bahl & Gaynor Inc. now owns 177,636 shares of the specialty retailer’s stock worth $9,788,000 after buying an additional 41,989 shares during the period. Allspring Global Investments Holdings LLC grew its position in shares of Tractor Supply by 7.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 70,944 shares of the specialty retailer’s stock worth $3,911,000 after buying an additional 5,184 shares during the period. Finally, Sowell Financial Services LLC grew its position in shares of Tractor Supply by 49.3% during the 1st quarter. Sowell Financial Services LLC now owns 20,029 shares of the specialty retailer’s stock worth $1,104,000 after buying an additional 6,612 shares during the period. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TSCO has been the subject of several analyst reports. JPMorgan Chase & Co. boosted their target price on Tractor Supply from $56.00 to $65.00 and gave the stock a “neutral” rating in a research report on Monday, July 21st. Wall Street Zen upgraded Tractor Supply from a “sell” rating to a “hold” rating in a research report on Saturday, July 26th. Truist Financial boosted their target price on Tractor Supply from $60.00 to $66.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. DA Davidson boosted their target price on Tractor Supply from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Finally, Loop Capital boosted their target price on Tractor Supply from $48.00 to $60.00 and gave the stock a “hold” rating in a research report on Friday, July 25th. Fourteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, Tractor Supply has an average rating of “Moderate Buy” and an average price target of $61.90.

Tractor Supply Price Performance

Shares of TSCO opened at $53.71 on Wednesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.16 and a current ratio of 1.28. The stock has a 50 day simple moving average of $59.28 and a 200 day simple moving average of $54.91. Tractor Supply Company has a 52-week low of $46.85 and a 52-week high of $63.99. The firm has a market capitalization of $28.46 billion, a PE ratio of 26.35, a P/E/G ratio of 2.80 and a beta of 0.73.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.01. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%.The business had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.40 billion. During the same period in the previous year, the firm earned $3.93 EPS. Tractor Supply’s quarterly revenue 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. Sell-side analysts predict that Tractor Supply Company will post 2.17 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

The company 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. The ex-dividend date was Monday, August 25th. This represents a $0.92 annualized dividend and a yield of 1.7%. Tractor Supply’s payout ratio is presently 45.10%.

Insider Transactions at Tractor Supply

In other Tractor Supply news, Director Denise L. Jackson sold 1,165 shares of the business’s stock in a transaction that occurred 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 sale, the director owned 31,123 shares in the company, valued at approximately $1,820,695.50. The trade was a 3.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Noni L. Ellison sold 5,200 shares of the business’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 value of $332,592.00. Following the completion of the sale, the senior vice president owned 28,639 shares in the company, valued at $1,831,750.44. The trade was a 15.37% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 105,045 shares of company stock worth $6,662,757. 0.65% of the stock is currently owned by insiders.

About Tractor Supply

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.