Trust Co. of Toledo NA OH Invests $81,000 in Tractor Supply Company $TSCO

Trust Co. of Toledo NA OH acquired a new position in shares of Tractor Supply Company (NASDAQ:TSCO) in the 2nd quarter, Holdings Channel reports. The fund acquired 1,530 shares of the specialty retailer’s stock, valued at approximately $81,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Bennett Selby Investments LP lifted its position in Tractor Supply by 1.3% during the second quarter. Bennett Selby Investments LP now owns 14,932 shares of the specialty retailer’s stock valued at $788,000 after purchasing an additional 191 shares during the period. Hancock Whitney Corp lifted its holdings in shares of Tractor Supply by 2.0% in the 1st quarter. Hancock Whitney Corp now owns 9,849 shares of the specialty retailer’s stock valued at $543,000 after buying an additional 194 shares during the period. Mount Vernon Associates Inc. MD lifted its holdings in shares of Tractor Supply by 0.3% in the 2nd quarter. Mount Vernon Associates Inc. MD now owns 67,570 shares of the specialty retailer’s stock valued at $3,566,000 after buying an additional 200 shares during the period. Nissay Asset Management Corp Japan ADV lifted its holdings in shares of Tractor Supply by 0.3% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 66,483 shares of the specialty retailer’s stock valued at $3,663,000 after buying an additional 208 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its holdings in shares of Tractor Supply by 30.1% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 920 shares of the specialty retailer’s stock valued at $51,000 after buying an additional 213 shares during the period. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TSCO has been the subject of a number of analyst reports. UBS Group boosted their price target on Tractor Supply from $54.00 to $61.00 and gave the company a “neutral” rating in a report on Friday, July 25th. Loop Capital boosted their target price on shares of Tractor Supply from $48.00 to $60.00 and gave the company a “hold” rating in a research note on Friday, July 25th. The Goldman Sachs Group reiterated a “buy” rating on shares of Tractor Supply in a research note on Friday, July 25th. Raymond James Financial reiterated an “outperform” rating and issued a $65.00 price objective (up previously from $57.00) on shares of Tractor Supply in a research report on Friday, July 25th. Finally, Truist Financial upped their price objective on shares of Tractor Supply from $60.00 to $66.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Fifteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Tractor Supply has a consensus rating of “Moderate Buy” and a consensus target price of $62.45.

Tractor Supply Stock Performance

NASDAQ:TSCO opened at $54.24 on Monday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.16 and a current ratio of 1.28. The company has a fifty day moving average of $59.08 and a two-hundred day moving average of $54.93. The stock has a market capitalization of $28.74 billion, a PE ratio of 26.61, a P/E/G ratio of 2.78 and a beta of 0.73. Tractor Supply Company has a fifty-two week low of $46.85 and a fifty-two week high of $63.99.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The company had revenue of $4.44 billion during the quarter, compared to analysts’ expectations of $4.40 billion. During the same period in the prior year, the business posted $3.93 earnings per share. The firm’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, research analysts forecast that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 9th. Shareholders of record on Monday, August 25th were issued a dividend of $0.23 per share. The ex-dividend date of this dividend was Monday, August 25th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.7%. Tractor Supply’s dividend payout ratio is presently 45.10%.

Insider Transactions at Tractor Supply

In other Tractor Supply news, SVP Noni L. Ellison sold 5,200 shares of the stock in a transaction that occurred on Thursday, July 24th. The stock was 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 owned 28,639 shares of the company’s stock, valued at $1,831,750.44. This represents a 15.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Kurt D. Barton sold 90,000 shares of the stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $63.96, for a total value of $5,756,400.00. Following the completion of 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 worth $6,547,257 over the last three months. 0.65% of the stock is owned by insiders.

Tractor Supply Company 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.