McKinley Carter Wealth Services Inc. Decreases Stock Holdings in Tractor Supply Company $TSCO

McKinley Carter Wealth Services Inc. lowered its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 9.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,570 shares of the specialty retailer’s stock after selling 2,580 shares during the period. McKinley Carter Wealth Services Inc.’s holdings in Tractor Supply were worth $1,297,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of TSCO. GW&K Investment Management LLC lifted its holdings in shares of Tractor Supply by 89.3% in the first 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 in the last quarter. Opal Wealth Advisors LLC purchased a new stake in shares of Tractor Supply in the second quarter valued at about $35,000. Financial Gravity Asset Management Inc. purchased a new stake in shares of Tractor Supply in the first quarter valued at about $39,000. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Tractor Supply in the first quarter valued at about $41,000. Finally, Zions Bancorporation National Association UT purchased a new stake in shares of Tractor Supply in the first quarter valued at about $41,000. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Insider Activity at Tractor Supply

In other news, EVP Colin Yankee sold 6,680 shares of the stock in a transaction on Monday, July 28th. The shares were sold at an average price of $58.40, for a total value of $390,112.00. Following the completion of the sale, the executive vice president owned 40,142 shares of the company’s stock, valued at $2,344,292.80. This represents a 14.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Kurt D. Barton sold 90,000 shares of the stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $63.96, for a total transaction of $5,756,400.00. Following the completion of the sale, the chief financial officer directly owned 47,715 shares of the company’s stock, valued at $3,051,851.40. The trade was a 65.35% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 103,045 shares of company stock worth $6,547,257. 0.65% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Robert W. Baird upped their price target on shares of Tractor Supply from $56.00 to $61.00 and gave the company an “outperform” rating in a report on Monday, July 21st. Wells Fargo & Company upped their price objective on shares of Tractor Supply from $63.00 to $65.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. Wall Street Zen raised shares of Tractor Supply from a “sell” rating to a “hold” rating in a research note on Saturday, July 26th. Bank of America raised shares of Tractor Supply from an “underperform” rating to a “buy” rating and set a $70.00 price objective on the stock in a research note on Thursday, July 24th. Finally, Citigroup raised shares of Tractor Supply from a “neutral” rating to a “buy” rating and upped their price objective for the company from $60.00 to $62.00 in a research note on Thursday. Fifteen investment 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 currently has an average rating of “Moderate Buy” and an average target price of $62.45.

Tractor Supply Stock Performance

Shares of TSCO stock opened at $54.24 on Friday. Tractor Supply Company has a one year low of $46.85 and a one 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 50 day moving average price of $59.08 and a 200 day moving average price of $54.92. The firm 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 issued its quarterly 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 during the quarter, compared to analyst estimates of $4.40 billion. During the same quarter in the prior year, the business posted $3.93 earnings per share. Tractor Supply’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. Sell-side analysts anticipate that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend was Monday, August 25th. This represents a $0.92 annualized dividend and a yield of 1.7%. Tractor Supply’s dividend payout ratio is 45.10%.

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.