LifeSteps Financial Inc. Purchases 640 Shares of Tractor Supply Company $TSCO

LifeSteps Financial Inc. boosted its stake in Tractor Supply Company (NASDAQ:TSCO) by 10.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,703 shares of the specialty retailer’s stock after purchasing an additional 640 shares during the period. LifeSteps Financial Inc.’s holdings in Tractor Supply were worth $354,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Tractor Supply by 4.1% during the first quarter. Vanguard Group Inc. now owns 66,631,422 shares of the specialty retailer’s stock worth $3,671,391,000 after acquiring an additional 2,597,450 shares during the last quarter. Wellington Management Group LLP raised its position in shares of Tractor Supply by 16.0% during the first quarter. Wellington Management Group LLP now owns 27,604,769 shares of the specialty retailer’s stock worth $1,521,023,000 after acquiring an additional 3,815,520 shares during the last quarter. Alliancebernstein L.P. raised its position in shares of Tractor Supply by 10.8% during the first 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 last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Tractor Supply by 14.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 11,927,641 shares of the specialty retailer’s stock worth $657,214,000 after acquiring an additional 1,510,489 shares during the last quarter. Finally, Select Equity Group L.P. raised its position in shares of Tractor Supply by 16.8% during the first quarter. Select Equity Group L.P. now owns 8,959,995 shares of the specialty retailer’s stock worth $493,696,000 after acquiring an additional 1,290,771 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Wolfe Research assumed coverage on Tractor Supply in a research note on Thursday, September 18th. They issued an “outperform” rating and a $70.00 price objective for the company. Evercore ISI reduced their price objective on Tractor Supply from $65.00 to $60.00 and set an “in-line” rating for the company in a research note on Tuesday. Bank of America raised Tractor Supply from an “underperform” rating to a “buy” rating and set a $70.00 price objective for the company in a research note on Thursday, July 24th. UBS Group raised their price objective on Tractor Supply from $54.00 to $61.00 and gave the company a “neutral” rating in a research note on Friday, July 25th. Finally, Telsey Advisory Group set a $70.00 price objective on Tractor Supply in a research note on Friday, July 25th. Fourteen equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $61.90.

Insider Transactions at Tractor Supply

In other news, SVP Noni L. Ellison sold 5,200 shares of the company’s stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $63.96, for a total value of $332,592.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Denise L. Jackson sold 2,000 shares of the company’s stock in a transaction dated Thursday, July 10th. The stock was sold at an average price of $57.75, for a total value of $115,500.00. Following the completion of the transaction, the director owned 32,288 shares of the company’s stock, valued at $1,864,632. The trade was a 5.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 105,045 shares of company stock valued at $6,662,757 over the last quarter. 0.65% of the stock is owned by company insiders.

Tractor Supply Stock Performance

Shares of TSCO opened at $53.71 on Wednesday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.28 and a quick ratio of 0.16. Tractor Supply Company has a 1 year low of $46.85 and a 1 year high of $63.99. The firm has a market cap of $28.46 billion, a PE ratio of 26.35, a PEG ratio of 2.80 and a beta of 0.73. The stock’s fifty day moving average price is $59.28 and its two-hundred day moving average price is $54.91.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share (EPS) 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 company had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.40 billion. During the same period in the previous year, the company posted $3.93 EPS. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. On average, equities research analysts forecast that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, August 25th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.7%. The ex-dividend date was Monday, August 25th. Tractor Supply’s payout ratio 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.