Atria Wealth Solutions Inc. lessened its stake in Tractor Supply Company (NASDAQ:TSCO – Free Report) by 55.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,266 shares of the specialty retailer’s stock after selling 12,829 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Tractor Supply were worth $542,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. GW&K Investment Management LLC raised its holdings in shares of Tractor Supply by 89.3% in the 1st quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 226 shares during the period. Opal Wealth Advisors LLC bought a new stake in shares of Tractor Supply in the 2nd quarter worth approximately $35,000. Financial Gravity Asset Management Inc. bought a new stake in shares of Tractor Supply in the 1st quarter worth approximately $39,000. Zions Bancorporation National Association UT bought a new stake in shares of Tractor Supply in the 1st quarter worth approximately $41,000. Finally, Smallwood Wealth Investment Management LLC bought a new stake in shares of Tractor Supply in the 1st quarter worth approximately $41,000. Institutional investors own 98.72% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on the stock. UBS Group lifted their price target on shares of Tractor Supply from $54.00 to $61.00 and gave the stock a “neutral” rating in a report on Friday, July 25th. Robert W. Baird lifted their price objective on shares of Tractor Supply from $56.00 to $61.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. 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 research note on Tuesday, October 7th. Bank of America upgraded shares of 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. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Tractor Supply in a research note on Friday, July 25th. Fifteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $62.45.
Tractor Supply Stock Up 0.1%
Tractor Supply stock opened at $55.20 on Monday. Tractor Supply Company has a 1-year low of $46.85 and a 1-year high of $63.99. The firm has a market capitalization of $29.25 billion, a price-to-earnings ratio of 27.09, a P/E/G ratio of 2.83 and a beta of 0.73. The company has a current ratio of 1.28, a quick ratio of 0.16 and a debt-to-equity ratio of 0.68. The firm has a 50 day simple moving average of $58.63 and a 200 day simple moving average of $54.94.
Tractor Supply (NASDAQ:TSCO – Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The specialty retailer reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. The firm had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.40 billion. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the previous year, the business earned $3.93 EPS. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. On average, analysts predict that Tractor Supply Company will post 2.17 earnings per share for the current year.
Tractor Supply Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Monday, August 25th. Tractor Supply’s payout ratio is 45.10%.
Insider Activity
In other news, SVP Noni L. Ellison sold 5,200 shares of the business’s stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $63.96, for a total transaction of $332,592.00. Following the completion of the transaction, the senior vice president directly owned 28,639 shares in the company, valued at $1,831,750.44. The trade was a 15.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Denise L. Jackson sold 1,165 shares of the business’s 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 owned 31,123 shares of the company’s stock, valued at $1,820,695.50. This trade represents a 3.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 103,045 shares of company stock valued at $6,547,257 over the last 90 days. Company insiders own 0.65% of the company’s stock.
About Tractor Supply
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.
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