M3 Advisory Group LLC Sells 405 Shares of Tractor Supply Company $TSCO

M3 Advisory Group LLC cut its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 7.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,146 shares of the specialty retailer’s stock after selling 405 shares during the quarter. M3 Advisory Group LLC’s holdings in Tractor Supply were worth $272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of TSCO. GW&K Investment Management LLC lifted 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 acquiring an additional 226 shares during the last quarter. 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. Smallwood Wealth Investment Management LLC bought a new stake in shares of Tractor Supply in the 1st quarter worth approximately $41,000. Finally, Zions Bancorporation National Association UT bought a new stake in shares of Tractor Supply in the 1st quarter worth approximately $41,000. 98.72% of the stock is currently owned by institutional investors.

Tractor Supply Stock Up 0.0%

Shares of NASDAQ TSCO opened at $54.24 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 52 week low of $46.85 and a 52 week high of $63.99. The firm’s fifty day moving average is $59.08 and its 200 day moving average is $54.93. The company has a market cap of $28.74 billion, a price-to-earnings ratio of 26.61, a PEG ratio of 2.78 and a beta of 0.73.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. The business had revenue of $4.44 billion for 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 company’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.93 EPS. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. On average, equities research analysts expect that Tractor Supply Company will post 2.17 earnings per share for the current year.

Tractor Supply Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Shareholders 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 yield of 1.7%. The ex-dividend date of this dividend was Monday, August 25th. Tractor Supply’s payout ratio is presently 45.10%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Piper Sandler boosted their price objective on shares of Tractor Supply from $66.00 to $67.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Wolfe Research assumed coverage on shares of Tractor Supply in a report on Thursday, September 18th. They issued an “outperform” rating and a $70.00 price objective for the company. Weiss Ratings restated a “buy (b)” rating on shares of Tractor Supply in a report on Wednesday, October 8th. UBS Group boosted their price objective 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. Finally, Truist Financial boosted their price objective on shares of Tractor Supply from $60.00 to $66.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Fifteen investment analysts have rated the stock with a Buy rating and seven have assigned 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 price target of $62.45.

Insider Activity at Tractor Supply

In other Tractor Supply news, EVP Colin Yankee sold 6,680 shares of the business’s stock in a transaction on Monday, July 28th. The shares were sold at an average price of $58.40, for a total transaction of $390,112.00. Following the transaction, the executive vice president directly owned 40,142 shares of the company’s stock, valued at approximately $2,344,292.80. The trade was a 14.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 directly owned 31,123 shares in the company, valued at approximately $1,820,695.50. The trade was a 3.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 103,045 shares of company stock valued at $6,547,257 in the last 90 days. 0.65% of the stock is owned by company insiders.

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.