Tractor Supply Company $TSCO Shares Sold by Penobscot Investment Management Company Inc.

Penobscot Investment Management Company Inc. cut its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 19.6% in the second quarter, HoldingsChannel reports. The firm owned 24,815 shares of the specialty retailer’s stock after selling 6,050 shares during the period. Penobscot Investment Management Company Inc.’s holdings in Tractor Supply were worth $1,309,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TSCO. Bennett Selby Investments LP raised its holdings in shares of Tractor Supply by 1.3% in the 2nd quarter. Bennett Selby Investments LP now owns 14,932 shares of the specialty retailer’s stock valued at $788,000 after purchasing an additional 191 shares in the last quarter. Hancock Whitney Corp raised its stake in Tractor Supply by 2.0% during the 1st quarter. Hancock Whitney Corp now owns 9,849 shares of the specialty retailer’s stock worth $543,000 after acquiring an additional 194 shares in the last quarter. Nissay Asset Management Corp Japan ADV increased its stake in Tractor Supply by 0.3% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 66,483 shares of the specialty retailer’s stock valued at $3,663,000 after purchasing an additional 208 shares during the period. Wedmont Private Capital increased its stake in Tractor Supply by 2.5% in the first quarter. Wedmont Private Capital now owns 8,714 shares of the specialty retailer’s stock valued at $450,000 after purchasing an additional 212 shares during the period. Finally, Creative Financial Designs Inc. ADV increased its stake in Tractor Supply by 30.1% in the first quarter. Creative Financial Designs Inc. ADV now owns 920 shares of the specialty retailer’s stock valued at $51,000 after purchasing an additional 213 shares during the period. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Tractor Supply Stock Performance

Shares of TSCO stock opened at $55.83 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 $59.45 and a 200 day moving average price of $54.87. The firm has a market capitalization of $29.59 billion, a price-to-earnings ratio of 27.39, a price-to-earnings-growth ratio of 2.88 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 Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 9th. Investors 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 1.6%. The ex-dividend date of this dividend was Monday, August 25th. Tractor Supply’s dividend payout ratio (DPR) is presently 45.10%.

Insider Buying and Selling at Tractor Supply

In other Tractor Supply news, Director Denise L. Jackson sold 1,165 shares of the stock in a transaction on Tuesday, July 22nd. The shares were sold at an average price of $58.50, for a total transaction of $68,152.50. Following the transaction, the director directly owned 31,123 shares in the company, valued at $1,820,695.50. This represents a 3.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Jonathan S. Estep sold 35,825 shares of the stock in a transaction on Monday, July 7th. The shares were sold at an average price of $56.00, for a total transaction of $2,006,200.00. Following the transaction, the executive vice president owned 74,605 shares in the company, valued at $4,177,880. This trade represents a 32.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 146,500 shares of company stock worth $8,984,912. 0.65% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have commented on TSCO. The Goldman Sachs Group restated a “buy” rating on shares of Tractor Supply in a research note on Friday, July 25th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Tractor Supply in a report on Saturday, September 27th. Telsey Advisory Group set a $70.00 target price on shares of Tractor Supply in a report on Friday, July 25th. Robert W. Baird lifted their target price 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. Finally, UBS Group lifted their target price on shares of Tractor Supply from $54.00 to $61.00 and gave the company a “neutral” rating in a report 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 stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $62.15.

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.