Tractor Supply Company $TSCO Shares Sold by SGL Investment Advisors Inc.

SGL Investment Advisors Inc. lowered its position in Tractor Supply Company (NASDAQ:TSCO) by 11.8% during the second quarter, Holdings Channel.com reports. The fund owned 57,445 shares of the specialty retailer’s stock after selling 7,708 shares during the quarter. Tractor Supply accounts for 1.6% of SGL Investment Advisors Inc.’s holdings, making the stock its 27th largest holding. SGL Investment Advisors Inc.’s holdings in Tractor Supply were worth $3,261,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Wellington Management Group LLP lifted its stake in shares of Tractor Supply by 16.0% in the first quarter. Wellington Management Group LLP now owns 27,604,769 shares of the specialty retailer’s stock valued at $1,521,023,000 after buying an additional 3,815,520 shares during the period. Vanguard Group Inc. boosted its holdings in Tractor Supply by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 66,631,422 shares of the specialty retailer’s stock valued at $3,671,391,000 after purchasing an additional 2,597,450 shares during the period. Alliancebernstein L.P. lifted its holdings in shares of Tractor Supply by 10.8% during the 1st quarter. Alliancebernstein L.P. now owns 24,664,907 shares of the specialty retailer’s stock worth $1,359,036,000 after acquiring an additional 2,408,373 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in Tractor Supply by 14.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,927,641 shares of the specialty retailer’s stock valued at $657,214,000 after purchasing an additional 1,510,489 shares during the last quarter. Finally, Select Equity Group L.P. increased its position in Tractor Supply by 16.8% in the 1st quarter. Select Equity Group L.P. now owns 8,959,995 shares of the specialty retailer’s stock valued at $493,696,000 after acquiring an additional 1,290,771 shares during the period. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Telsey Advisory Group set a $70.00 target price on shares of Tractor Supply in a research note on Friday, July 25th. Truist Financial raised their target price on shares of Tractor Supply from $60.00 to $66.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Wolfe Research started coverage on shares of Tractor Supply in a research note on Thursday, September 18th. They set an “outperform” rating and a $70.00 price objective for the company. Piper Sandler raised their price objective on shares of Tractor Supply from $66.00 to $67.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Finally, Bank of America upgraded shares of Tractor Supply from an “underperform” rating to a “buy” rating and set a $70.00 price target on the stock in a research report on Thursday, July 24th. Fourteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Tractor Supply has a consensus rating of “Moderate Buy” and a consensus target price of $62.15.

Insider Transactions at Tractor Supply

In other news, SVP Noni L. Ellison sold 5,200 shares of the stock in a transaction dated Thursday, July 24th. The shares were 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 directly owned 28,639 shares in the company, valued at approximately $1,831,750.44. This represents a 15.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Kurt D. Barton sold 90,000 shares of the firm’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 directly owned 47,715 shares of the company’s stock, valued at $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 90 days, insiders have sold 106,045 shares of company stock valued at $6,719,757. 0.65% of the stock is currently owned by corporate insiders.

Tractor Supply Trading Down 2.0%

Shares of NASDAQ TSCO opened at $54.69 on Tuesday. The company has a quick ratio of 0.16, a current ratio of 1.28 and a debt-to-equity ratio of 0.68. Tractor Supply Company has a 12 month low of $46.85 and a 12 month high of $63.99. The business has a fifty day simple moving average of $59.38 and a 200-day simple moving average of $54.92. The company has a market cap of $28.98 billion, a price-to-earnings ratio of 26.84, a P/E/G ratio of 2.86 and a beta of 0.73.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. The company had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.40 billion. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%.The company’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the company earned $3.93 EPS. 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 year.

Tractor Supply Announces Dividend

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