Tractor Supply Company $TSCO Shares Bought by DAVENPORT & Co LLC

DAVENPORT & Co LLC lifted its position in shares of Tractor Supply Company (NASDAQ:TSCO) by 3.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,423 shares of the specialty retailer’s stock after acquiring an additional 553 shares during the quarter. DAVENPORT & Co LLC’s holdings in Tractor Supply were worth $972,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Marks Group Wealth Management Inc raised its stake in shares of Tractor Supply by 4.5% during the 2nd quarter. Marks Group Wealth Management Inc now owns 161,608 shares of the specialty retailer’s stock worth $8,528,000 after buying an additional 6,958 shares during the period. Running Oak Capital LLC grew its stake in Tractor Supply by 8.8% in the 2nd quarter. Running Oak Capital LLC now owns 304,413 shares of the specialty retailer’s stock valued at $16,064,000 after acquiring an additional 24,592 shares during the period. Merit Financial Group LLC grew its stake in Tractor Supply by 247.2% in the 2nd quarter. Merit Financial Group LLC now owns 103,082 shares of the specialty retailer’s stock valued at $5,440,000 after acquiring an additional 73,393 shares during the period. Simplicity Wealth LLC grew its stake in Tractor Supply by 109.8% in the 2nd quarter. Simplicity Wealth LLC now owns 42,008 shares of the specialty retailer’s stock valued at $2,217,000 after acquiring an additional 21,981 shares during the period. Finally, Brown Miller Wealth Management LLC lifted its holdings in Tractor Supply by 1.7% during the second quarter. Brown Miller Wealth Management LLC now owns 40,521 shares of the specialty retailer’s stock valued at $2,138,000 after purchasing an additional 681 shares in the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

Tractor Supply Price Performance

Tractor Supply stock opened at $54.24 on Friday. The company’s 50 day simple moving average is $59.08 and its 200-day simple moving average is $54.92. Tractor Supply Company has a 1 year low of $46.85 and a 1 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 company has a market capitalization of $28.74 billion, a price-to-earnings ratio of 26.61, a price-to-earnings-growth ratio of 2.79 and a beta of 0.73.

Tractor Supply (NASDAQ:TSCO) last posted its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.01. The firm 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%.Tractor Supply’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 EPS. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, equities research analysts expect that Tractor Supply Company will post 2.17 earnings per share for the current year.

Tractor Supply Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Monday, August 25th. Tractor Supply’s dividend payout ratio (DPR) is presently 45.10%.

Insiders Place Their Bets

In related news, SVP Noni L. Ellison sold 5,200 shares of the business’s stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $63.96, for a total transaction 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 of the company’s stock, valued at approximately $1,820,695.50. The trade was a 3.61% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 103,045 shares of company stock worth $6,547,257. 0.65% of the stock is owned by corporate insiders.

Analyst Ratings Changes

TSCO has been the subject of several research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Tractor Supply in a research note on Wednesday. Truist Financial lifted their price target on Tractor Supply from $60.00 to $66.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. UBS Group raised their price objective on Tractor Supply from $54.00 to $61.00 and gave the company a “neutral” rating in a report on Friday, July 25th. Telsey Advisory Group set a $70.00 target price on shares of Tractor Supply in a research report on Friday, July 25th. Finally, Loop Capital increased their target price on shares of Tractor Supply from $48.00 to $60.00 and gave the company a “hold” rating in a research report on Friday, July 25th. Fifteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, Tractor Supply has an average rating of “Moderate Buy” and a consensus price target of $62.45.

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.