Bey Douglas LLC Purchases 2,417 Shares of Tractor Supply Company $TSCO

Bey Douglas LLC boosted its position in Tractor Supply Company (NASDAQ:TSCO) by 15.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,217 shares of the specialty retailer’s stock after buying an additional 2,417 shares during the period. Tractor Supply makes up approximately 0.6% of Bey Douglas LLC’s portfolio, making the stock its 22nd biggest position. Bey Douglas LLC’s holdings in Tractor Supply were worth $961,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. APG Asset Management N.V. increased its position in Tractor Supply by 33.3% in the 1st quarter. APG Asset Management N.V. now owns 475,484 shares of the specialty retailer’s stock valued at $24,254,000 after buying an additional 118,884 shares in the last quarter. Ameriprise Financial Inc. increased its position in Tractor Supply by 19.4% in the 1st quarter. Ameriprise Financial Inc. now owns 2,064,224 shares of the specialty retailer’s stock valued at $113,745,000 after buying an additional 335,563 shares in the last quarter. Bahl & Gaynor Inc. increased its holdings in Tractor Supply by 31.0% during the 1st quarter. Bahl & Gaynor Inc. now owns 177,636 shares of the specialty retailer’s stock worth $9,788,000 after purchasing an additional 41,989 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Tractor Supply by 7.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 70,944 shares of the specialty retailer’s stock worth $3,911,000 after purchasing an additional 5,184 shares in the last quarter. Finally, Sowell Financial Services LLC increased its holdings in Tractor Supply by 49.3% during the 1st quarter. Sowell Financial Services LLC now owns 20,029 shares of the specialty retailer’s stock worth $1,104,000 after purchasing an additional 6,612 shares in the last quarter. 98.72% of the stock is owned by institutional investors.

Insider Transactions at Tractor Supply

In related news, CFO Kurt D. Barton sold 90,000 shares of the company’s stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $63.96, for a total value of $5,756,400.00. Following the transaction, the chief financial officer owned 47,715 shares in the company, valued at approximately $3,051,851.40. This represents a 65.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Denise L. Jackson sold 1,165 shares of the company’s stock in a transaction that occurred 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 transaction, the director owned 31,123 shares in the company, valued at approximately $1,820,695.50. The trade was a 3.61% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 103,045 shares of company stock worth $6,547,257 in the last ninety days. Company insiders own 0.65% of the company’s stock.

Tractor Supply Price Performance

Shares of NASDAQ TSCO opened at $54.24 on Friday. Tractor Supply Company has a twelve month low of $46.85 and a twelve month high of $63.99. The stock’s 50 day moving average price is $59.08 and its 200-day moving average price is $54.92. The company has a market capitalization of $28.74 billion, a PE ratio of 26.61, a PEG ratio of 2.79 and a beta of 0.73. The company has a quick ratio of 0.16, a current ratio of 1.28 and a debt-to-equity ratio of 0.68.

Tractor Supply (NASDAQ:TSCO) last announced its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share for the quarter, topping 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 firm had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.40 billion. During the same quarter in the previous year, the business earned $3.93 EPS. The company’s revenue 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 analysts anticipate that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, August 25th were paid a $0.23 dividend. The ex-dividend date was Monday, August 25th. This represents a $0.92 annualized dividend and a yield of 1.7%. Tractor Supply’s dividend payout ratio is presently 45.10%.

Wall Street Analysts Forecast Growth

TSCO has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price objective on Tractor Supply from $56.00 to $65.00 and gave the stock a “neutral” rating in a report on Monday, July 21st. Wells Fargo & Company boosted their price objective on Tractor Supply from $63.00 to $65.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. The Goldman Sachs Group reissued a “buy” rating on shares of Tractor Supply in a report on Friday, July 25th. Raymond James Financial reissued an “outperform” rating and set a $65.00 price objective (up from $57.00) on shares of Tractor Supply in a report on Friday, July 25th. Finally, UBS Group boosted their price objective on Tractor Supply from $54.00 to $61.00 and gave the stock a “neutral” rating in a report on Friday, July 25th. Fifteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $62.45.

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.