Tractor Supply Company $TSCO Shares Acquired by OFI Invest Asset Management

OFI Invest Asset Management increased its position in shares of Tractor Supply Company (NASDAQ:TSCO) by 39.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,872 shares of the specialty retailer’s stock after buying an additional 532 shares during the period. OFI Invest Asset Management’s holdings in Tractor Supply were worth $99,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. APG Asset Management N.V. increased its stake 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 valued at $24,254,000 after purchasing an additional 118,884 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Tractor Supply by 19.4% during 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. lifted its holdings in shares of Tractor Supply by 31.0% during the first quarter. Bahl & Gaynor Inc. now owns 177,636 shares of the specialty retailer’s stock worth $9,788,000 after purchasing an additional 41,989 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in shares of Tractor Supply by 7.9% during the first quarter. Allspring Global Investments Holdings LLC now owns 70,944 shares of the specialty retailer’s stock worth $3,911,000 after purchasing an additional 5,184 shares during the period. Finally, Sowell Financial Services LLC lifted its holdings in shares of Tractor Supply by 49.3% during the first quarter. Sowell Financial Services LLC now owns 20,029 shares of the specialty retailer’s stock worth $1,104,000 after purchasing an additional 6,612 shares during the period. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Truist Financial increased their price target on Tractor Supply from $60.00 to $66.00 and gave the stock a “buy” rating in a report on Friday, July 25th. UBS Group increased their price target on Tractor Supply from $54.00 to $61.00 and gave the stock a “neutral” rating in a report on Friday, July 25th. Citigroup raised 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 report on Thursday. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Tractor Supply in a report on Friday, July 25th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $65.00 target price (up previously from $57.00) on shares of Tractor Supply in a report on Friday, July 25th. Fifteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $62.45.

Insider Transactions at Tractor Supply

In other news, 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 owned 31,123 shares in the company, valued at $1,820,695.50. This trade represents a 3.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Kurt D. Barton sold 90,000 shares of the firm’s stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $63.96, for a total value of $5,756,400.00. Following the completion of the transaction, the chief financial officer owned 47,715 shares of the company’s stock, valued at approximately $3,051,851.40. This represents a 65.35% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 103,045 shares of company stock worth $6,547,257. Corporate insiders own 0.65% of the company’s stock.

Tractor Supply Price Performance

Tractor Supply stock opened at $54.24 on Monday. Tractor Supply Company has a one year low of $46.85 and a one year high of $63.99. 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 business has a fifty day moving average of $59.08 and a two-hundred day moving average of $54.93. The company has a market cap of $28.74 billion, a P/E ratio of 26.61, a price-to-earnings-growth ratio of 2.78 and a beta of 0.73.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $4.40 billion. During the same quarter last year, the business posted $3.93 earnings per share. The business’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. As a group, analysts predict that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

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

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.