Tractor Supply Company $TSCO Stake Cut by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC trimmed its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 2.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 60,469 shares of the specialty retailer’s stock after selling 1,325 shares during the period. Concurrent Investment Advisors LLC’s holdings in Tractor Supply were worth $3,191,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. GW&K Investment Management LLC raised its stake in shares of Tractor Supply by 89.3% during 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 in the last quarter. Opal Wealth Advisors LLC acquired a new stake in Tractor Supply in the 2nd quarter valued at $35,000. Financial Gravity Asset Management Inc. acquired a new position in Tractor Supply in the first quarter worth $39,000. Smallwood Wealth Investment Management LLC acquired a new position in Tractor Supply in the first quarter worth $41,000. Finally, Zions Bancorporation National Association UT bought a new stake in shares of Tractor Supply during the first quarter worth $41,000. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TSCO. Wolfe Research started coverage on Tractor Supply in a research note on Thursday, September 18th. They issued an “outperform” rating and a $70.00 target price for the company. Truist Financial upped their price objective on Tractor Supply from $60.00 to $66.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Wells Fargo & Company increased their target price on Tractor Supply from $63.00 to $65.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Tractor Supply in a report on Friday, July 25th. Finally, Robert W. Baird raised their target price on Tractor Supply from $56.00 to $61.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. Fifteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Tractor Supply currently has an average rating of “Moderate Buy” and a consensus target price of $62.45.

Insider Buying and Selling at Tractor Supply

In other news, Director Denise L. Jackson sold 1,165 shares of the firm’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 transaction of $68,152.50. Following the transaction, the director directly owned 31,123 shares of the company’s stock, valued at approximately $1,820,695.50. This trade represents a 3.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Noni L. Ellison sold 5,200 shares of the stock in a transaction that occurred 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 transaction, the senior vice president owned 28,639 shares in the company, valued at approximately $1,831,750.44. This represents a 15.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 103,045 shares of company stock valued at $6,547,257. Corporate insiders own 0.65% of the company’s stock.

Tractor Supply Stock Performance

Tractor Supply stock opened at $54.91 on Tuesday. The company has a current ratio of 1.28, a quick ratio of 0.16 and a debt-to-equity ratio of 0.68. Tractor Supply Company has a 1-year low of $46.85 and a 1-year high of $63.99. The firm has a 50-day moving average of $58.99 and a 200-day moving average of $54.94. The firm has a market cap of $29.10 billion, a P/E ratio of 26.94, a P/E/G ratio of 2.78 and a beta of 0.73.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.01. The company had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.40 billion. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the firm earned $3.93 earnings per share. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. Sell-side analysts expect that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were issued a $0.23 dividend. The ex-dividend date 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 45.10%.

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.