Tractor Supply Company $TSCO Position Increased by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc increased its position in shares of Tractor Supply Company (NASDAQ:TSCOFree Report) by 4.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 161,608 shares of the specialty retailer’s stock after acquiring an additional 6,958 shares during the period. Marks Group Wealth Management Inc’s holdings in Tractor Supply were worth $8,528,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. GW&K Investment Management LLC raised its holdings in Tractor Supply by 89.3% during the first quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 226 shares in the last quarter. Opal Wealth Advisors LLC bought a new position in Tractor Supply during the second quarter valued at about $35,000. Financial Gravity Asset Management Inc. bought a new position in Tractor Supply during the first quarter valued at about $39,000. Zions Bancorporation National Association UT bought a new position in Tractor Supply during the first quarter valued at about $41,000. Finally, Smallwood Wealth Investment Management LLC bought a new position in Tractor Supply during the first quarter valued at about $41,000. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, SVP Noni L. Ellison sold 5,200 shares of Tractor Supply stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $63.96, for a total value of $332,592.00. Following the completion of the transaction, the senior vice president owned 28,639 shares in the company, valued at approximately $1,831,750.44. The trade was a 15.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Kurt D. Barton sold 90,000 shares of Tractor Supply 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 $5,756,400.00. Following the completion of the transaction, the chief financial officer owned 47,715 shares of the company’s stock, valued at $3,051,851.40. This trade represents a 65.35% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 106,045 shares of company stock worth $6,719,757. 0.65% of the stock is currently owned by insiders.

Tractor Supply Stock Down 0.7%

NASDAQ TSCO opened at $55.83 on Monday. 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 stock’s 50 day moving average is $59.45 and its two-hundred day moving average is $54.91. The company has a market capitalization of $29.59 billion, a price-to-earnings ratio of 27.39, a PEG ratio of 2.86 and a beta of 0.73. Tractor Supply Company has a 1-year low of $46.85 and a 1-year high of $63.99.

Tractor Supply (NASDAQ:TSCOGet Free Report) last released its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. The company had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.40 billion. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%.The company’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the previous year, the business earned $3.93 earnings per share. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. Equities analysts forecast that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.6%. Tractor Supply’s payout ratio is 45.10%.

Analysts Set New Price Targets

TSCO has been the topic of several recent research reports. Evercore ISI raised their target price on Tractor Supply from $60.00 to $65.00 and gave the company an “in-line” rating in a report on Friday, July 25th. 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. Wolfe Research began coverage on Tractor Supply in a research report on Thursday, September 18th. They issued an “outperform” rating and a $70.00 price target on the stock. Wall Street Zen raised Tractor Supply from a “sell” rating to a “hold” rating in a research report on Saturday, July 26th. Finally, Telsey Advisory Group set a $70.00 price target on Tractor Supply in a research report on Friday, July 25th. Fourteen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $62.15.

View Our Latest Stock Report on Tractor Supply

About Tractor Supply

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Tractor Supply (NASDAQ:TSCO)

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