Tractor Supply Company $TSCO Shares Sold by Hartford Investment Management Co.

Hartford Investment Management Co. lessened its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 1.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,985 shares of the specialty retailer’s stock after selling 631 shares during the quarter. Hartford Investment Management Co.’s holdings in Tractor Supply were worth $1,688,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Bison Wealth LLC raised its stake in Tractor Supply by 356.1% during the 4th quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock valued at $341,000 after acquiring an additional 5,017 shares in the last quarter. GTS Securities LLC lifted its position in shares of Tractor Supply by 1,950.2% in the fourth quarter. GTS Securities LLC now owns 4,237 shares of the specialty retailer’s stock worth $225,000 after buying an additional 4,466 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in shares of Tractor Supply by 21.8% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,829 shares of the specialty retailer’s stock worth $101,000 after purchasing an additional 327 shares during the last quarter. First Hawaiian Bank lifted its position in shares of Tractor Supply by 13.3% during the 1st quarter. First Hawaiian Bank now owns 7,194 shares of the specialty retailer’s stock worth $396,000 after purchasing an additional 844 shares during the last quarter. Finally, Versant Capital Management Inc increased its stake in Tractor Supply by 116.5% during the first quarter. Versant Capital Management Inc now owns 1,862 shares of the specialty retailer’s stock valued at $103,000 after acquiring an additional 1,002 shares during the period. Institutional investors and hedge funds own 98.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Piper Sandler upped their price objective on Tractor Supply from $66.00 to $67.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. Robert W. Baird upped their price objective on shares of Tractor Supply from $56.00 to $61.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. The Goldman Sachs Group reiterated a “buy” rating on shares of Tractor Supply in a report on Friday, July 25th. Wall Street Zen upgraded Tractor Supply from a “sell” rating to a “hold” rating in a report on Saturday, July 26th. Finally, DA Davidson raised their price objective on Tractor Supply from $65.00 to $70.00 and gave the company a “buy” rating in a report on Friday, July 25th. Thirteen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, Tractor Supply currently has a consensus rating of “Moderate Buy” and a consensus price target of $62.15.

Tractor Supply Trading Up 0.2%

Shares of TSCO stock opened at $56.52 on Friday. The firm has a 50 day moving average price of $59.71 and a two-hundred day moving average price of $54.75. 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 company has a market capitalization of $29.95 billion, a PE ratio of 27.73, a price-to-earnings-growth ratio of 2.90 and a beta of 0.76. Tractor Supply Company has a 12-month low of $46.85 and a 12-month high of $63.99.

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, topping the consensus estimate of $0.80 by $0.01. The firm had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.40 billion. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period last year, the business posted $3.93 earnings per share. 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 year.

Tractor Supply Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were issued a dividend of $0.23 per share. The ex-dividend date of this dividend was Monday, August 25th. This represents a $0.92 annualized dividend and a dividend yield of 1.6%. Tractor Supply’s dividend payout ratio (DPR) is currently 45.10%.

Insider Activity at Tractor Supply

In other news, 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 approximately $3,051,851.40. This trade represents a 65.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Denise L. Jackson sold 4,630 shares of the firm’s stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $55.93, for a total transaction of $258,955.90. Following the transaction, the director directly owned 35,288 shares in the company, valued at $1,973,657.84. This represents a 11.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 148,050 shares of company stock valued at $9,070,162. 0.65% of the stock is currently 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.