Lorne Steinberg Wealth Management Inc. Sells 675 Shares of Tractor Supply Company $TSCO

Lorne Steinberg Wealth Management Inc. lessened its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 0.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 88,387 shares of the specialty retailer’s stock after selling 675 shares during the period. Lorne Steinberg Wealth Management Inc.’s holdings in Tractor Supply were worth $4,664,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. GW&K Investment Management LLC boosted 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 valued at $26,000 after purchasing an additional 226 shares in the last quarter. Opal Wealth Advisors LLC acquired a new stake in shares of Tractor Supply in the 2nd quarter valued at $35,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Tractor Supply in the 1st quarter valued at $39,000. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Tractor Supply in the 1st quarter valued at $41,000. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of Tractor Supply in the 1st quarter valued at $41,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on TSCO. Bank of America raised Tractor Supply from an “underperform” rating to a “buy” rating and set a $70.00 target price on the stock in a report on Thursday, July 24th. UBS Group raised their target price on Tractor Supply from $54.00 to $61.00 and gave the company a “neutral” rating in a report on Friday, July 25th. Citigroup raised Tractor Supply from a “neutral” rating to a “buy” rating and raised their target price for the company from $60.00 to $62.00 in a report on Thursday, October 9th. Wall Street Zen raised Tractor Supply from a “sell” rating to a “hold” rating in a report on Saturday, July 26th. Finally, DA Davidson raised their price objective on Tractor Supply from $65.00 to $70.00 and gave the company a “buy” rating in a report on Friday, July 25th. Fifteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Tractor Supply presently has a consensus rating of “Moderate Buy” and an average target price of $62.45.

Tractor Supply Trading Up 0.1%

NASDAQ TSCO opened at $55.20 on Monday. 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 Company has a twelve month low of $46.85 and a twelve month high of $63.99. The company has a market cap of $29.25 billion, a price-to-earnings ratio of 27.09, a price-to-earnings-growth ratio of 2.83 and a beta of 0.73. The business’s fifty day moving average is $58.63 and its 200 day moving average is $54.94.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings data 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. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%.The company had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.40 billion. During the same quarter last year, the business posted $3.93 EPS. Tractor Supply’s revenue for the quarter was up 4.5% on a year-over-year basis. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, sell-side analysts expect that Tractor Supply Company will post 2.17 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, August 25th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Monday, August 25th. Tractor Supply’s dividend payout ratio (DPR) is currently 45.10%.

Insider Buying and Selling

In related news, EVP Colin Yankee sold 6,680 shares of the firm’s stock in a transaction on Monday, July 28th. The stock was sold at an average price of $58.40, for a total transaction of $390,112.00. Following the completion of the transaction, the executive vice president directly owned 40,142 shares of the company’s stock, valued at $2,344,292.80. This trade represents a 14.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Kurt D. Barton sold 90,000 shares of the firm’s stock in a transaction 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 directly owned 47,715 shares of the company’s stock, valued at approximately $3,051,851.40. This represents a 65.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 103,045 shares of company stock valued at $6,547,257 in the last quarter. 0.65% of the stock is currently owned by company insiders.

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.