Bartlett & CO. Wealth Management LLC lessened its position in Tractor Supply Company (NASDAQ:TSCO – Free Report) by 12.7% in the 2nd quarter, Holdings Channel reports. The fund owned 6,269 shares of the specialty retailer’s stock after selling 911 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in Tractor Supply were worth $331,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GW&K Investment Management LLC raised its stake in Tractor Supply by 89.3% during the 1st quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 226 shares during the period. Opal Wealth Advisors LLC acquired a new stake in shares of Tractor Supply in the second quarter worth $35,000. Financial Gravity Asset Management Inc. purchased a new position in shares of Tractor Supply during the first quarter valued at $39,000. Zions Bancorporation National Association UT acquired a new position in Tractor Supply during the first quarter valued at $41,000. Finally, Smallwood Wealth Investment Management LLC acquired a new position in Tractor Supply during the first quarter valued at $41,000. Institutional investors and hedge funds own 98.72% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the company. Piper Sandler raised their price objective on Tractor Supply from $66.00 to $67.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Loop Capital increased their price target on shares of Tractor Supply from $48.00 to $60.00 and gave the stock a “hold” rating in a research report on Friday, July 25th. The Goldman Sachs Group restated a “buy” rating on shares of Tractor Supply in a report on Friday, July 25th. UBS Group upped their price objective on shares of Tractor Supply from $54.00 to $61.00 and gave the company a “neutral” rating in a research note on Friday, July 25th. Finally, Evercore ISI increased their target price on shares of Tractor Supply from $60.00 to $65.00 and gave the stock an “in-line” rating in a research report on Friday, July 25th. Thirteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, Tractor Supply currently has a consensus rating of “Moderate Buy” and a consensus target price of $62.15.
Tractor Supply Stock Up 0.6%
Tractor Supply stock opened at $56.23 on Friday. The company has a current ratio of 1.28, a quick ratio of 0.16 and a debt-to-equity ratio of 0.68. Tractor Supply Company has a 1-year low of $46.85 and a 1-year high of $63.99. The firm’s fifty day simple moving average is $59.52 and its 200-day simple moving average is $54.85. The company has a market capitalization of $29.80 billion, a P/E ratio of 27.59, a P/E/G ratio of 2.87 and a beta of 0.73.
Tractor Supply (NASDAQ:TSCO – Get Free Report) last posted its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 EPS for the quarter, topping the consensus estimate of $0.80 by $0.01. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The firm had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.40 billion. During the same period in the prior year, the business posted $3.93 earnings per share. The business’s quarterly revenue was up 4.5% on a year-over-year basis. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. Sell-side analysts forecast that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.
Tractor Supply Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, August 25th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, August 25th. Tractor Supply’s payout ratio is 45.10%.
Insider Activity
In other news, Director Denise L. Jackson sold 1,165 shares of the business’s stock in a transaction on Tuesday, July 22nd. The shares were sold at an average price of $58.50, for a total value of $68,152.50. Following the completion of the sale, the director directly owned 31,123 shares in the company, valued at approximately $1,820,695.50. The trade was a 3.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Jonathan S. Estep sold 35,825 shares of the company’s stock in a transaction on Monday, July 7th. The stock was sold at an average price of $56.00, for a total transaction of $2,006,200.00. Following the sale, the executive vice president directly owned 74,605 shares of the company’s stock, valued at approximately $4,177,880. This represents a 32.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 146,500 shares of company stock valued at $8,984,912. Insiders own 0.65% of the company’s stock.
Tractor Supply Company 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.
Read More
- Five stocks we like better than Tractor Supply
- What is Forex and How Does it Work?
- General Dynamics Hits New Highs: Why It Might Keep Climbing
- What is the S&P 500 and How It is Distinct from Other Indexes
- Nike’s Turnaround: If the Shoe Fits, Buy It!
- Are Penny Stocks a Good Fit for Your Portfolio?
- NVIDIA Breaks Out to New Highs: What Comes Next?
Want to see what other hedge funds are holding TSCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tractor Supply Company (NASDAQ:TSCO – Free Report).
Receive News & Ratings for Tractor Supply Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tractor Supply and related companies with MarketBeat.com's FREE daily email newsletter.