Morningstar Investment Management LLC Buys Shares of 3,944 Tractor Supply Company $TSCO

Morningstar Investment Management LLC bought a new stake in shares of Tractor Supply Company (NASDAQ:TSCO) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 3,944 shares of the specialty retailer’s stock, valued at approximately $208,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. GW&K Investment Management LLC increased its position 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 buying an additional 226 shares in the last quarter. Opal Wealth Advisors LLC bought a new stake in shares of Tractor Supply in the 2nd quarter valued at $35,000. Financial Gravity Asset Management Inc. bought a new stake in shares of Tractor Supply in the 1st quarter valued at $39,000. Zions Bancorporation National Association UT bought a new stake in shares of Tractor Supply in the 1st quarter valued at $41,000. Finally, Smallwood Wealth Investment Management LLC bought a new stake in shares of Tractor Supply in the 1st quarter valued at $41,000. Institutional investors own 98.72% of the company’s stock.

Insider Activity

In related news, Director Denise L. Jackson sold 1,165 shares of the firm’s stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $58.50, for a total value of $68,152.50. Following the completion of the sale, the director directly owned 31,123 shares in the company, valued at approximately $1,820,695.50. This trade represents a 3.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Colin Yankee sold 6,680 shares of the firm’s stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $58.40, for a total transaction of $390,112.00. Following the completion of the sale, the executive vice president owned 40,142 shares of the company’s stock, valued at $2,344,292.80. This trade represents a 14.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 103,045 shares of company stock valued at $6,547,257. Company insiders own 0.65% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on TSCO shares. Wall Street Zen upgraded shares of Tractor Supply from a “sell” rating to a “hold” rating in a research report on Saturday, July 26th. JPMorgan Chase & Co. upped their target price on shares of Tractor Supply from $56.00 to $65.00 and gave the stock a “neutral” rating in a research note on Monday, July 21st. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Tractor Supply in a research note on Friday, July 25th. Robert W. Baird upped their target price on shares of Tractor Supply from $56.00 to $61.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Finally, Wolfe Research initiated coverage on shares of Tractor Supply in a research note on Thursday, September 18th. They issued an “outperform” rating and a $70.00 target price for the company. Fifteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $62.45.

Tractor Supply Trading Up 1.0%

Tractor Supply stock opened at $55.48 on Wednesday. The firm has a 50-day moving average of $58.90 and a 200-day moving average of $54.95. Tractor Supply Company has a one year low of $46.85 and a one year high of $63.99. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.28 and a quick ratio of 0.16. The company has a market cap of $29.40 billion, a price-to-earnings ratio of 27.22, a P/E/G ratio of 2.81 and a beta of 0.73.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $0.81 EPS 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 the consensus estimate of $4.40 billion. During the same period in the prior year, the business posted $3.93 EPS. The company’s quarterly revenue was up 4.5% on a year-over-year basis. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. On average, equities analysts expect 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. Investors of record on Monday, August 25th were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.7%. The ex-dividend date was Monday, August 25th. Tractor Supply’s dividend payout ratio (DPR) is 45.10%.

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.