Private Wealth Asset Management LLC Has $684,000 Stake in Tractor Supply Company $TSCO

Private Wealth Asset Management LLC trimmed its stake in Tractor Supply Company (NASDAQ:TSCO) by 16.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,970 shares of the specialty retailer’s stock after selling 2,595 shares during the period. Private Wealth Asset Management LLC’s holdings in Tractor Supply were worth $684,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in shares of Tractor Supply by 4.1% during the 1st 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 period. Wellington Management Group LLP lifted its holdings in shares of Tractor Supply by 16.0% during the 1st 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 period. Alliancebernstein L.P. lifted its holdings in shares of Tractor Supply by 10.8% during the 1st 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 period. Price T Rowe Associates Inc. MD lifted its holdings in shares of Tractor Supply by 14.5% during the 1st 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 period. Finally, Select Equity Group L.P. lifted its holdings in shares of Tractor Supply by 16.8% during the 1st 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 period. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Tractor Supply

In other Tractor Supply news, CFO Kurt D. Barton sold 90,000 shares of the business’s stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $63.96, for a total value of $5,756,400.00. Following the completion of the transaction, the chief financial officer directly owned 47,715 shares of the company’s stock, valued at approximately $3,051,851.40. The trade was a 65.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Denise L. Jackson sold 1,165 shares of the business’s stock in a transaction dated Tuesday, July 22nd. The stock was sold at an average price of $58.50, for a total transaction of $68,152.50. Following the completion of the transaction, the director directly owned 31,123 shares of the company’s stock, valued at approximately $1,820,695.50. This represents a 3.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 103,045 shares of company stock valued at $6,547,257. Insiders own 0.65% of the company’s stock.

Tractor Supply Trading Up 1.0%

Shares of TSCO stock opened at $55.48 on Wednesday. Tractor Supply Company has a 12-month low of $46.85 and a 12-month high of $63.99. The company has a market capitalization of $29.40 billion, a P/E ratio of 27.22, a P/E/G ratio of 2.81 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. The firm has a 50-day moving average price of $58.90 and a 200 day moving average price of $54.95.

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 net margin of 7.18% and a return on equity of 46.83%. The company had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.40 billion. During the same period in the previous year, the firm posted $3.93 earnings per share. The company’s 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. Research 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. Shareholders of record on Monday, August 25th were paid a $0.23 dividend. The ex-dividend date of this dividend was Monday, August 25th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.7%. Tractor Supply’s payout ratio is currently 45.10%.

Analysts Set New Price Targets

TSCO has been the subject of a number of analyst reports. Telsey Advisory Group set a $70.00 price objective on shares of Tractor Supply in a report on Friday, July 25th. Evercore ISI reduced their price objective on shares of Tractor Supply from $65.00 to $60.00 and set an “in-line” rating for the company in a report on Tuesday, October 7th. Raymond James Financial reaffirmed 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. Robert W. Baird lifted 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. Finally, Wolfe Research began coverage on shares of Tractor Supply in a report on Thursday, September 18th. They set an “outperform” rating and a $70.00 price target for the company. Fifteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $62.45.

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.