Gables Capital Management Inc. Reduces Position in Tractor Supply Company $TSCO

Gables Capital Management Inc. lowered its stake in Tractor Supply Company (NASDAQ:TSCO) by 8.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,100 shares of the specialty retailer’s stock after selling 850 shares during the quarter. Gables Capital Management Inc.’s holdings in Tractor Supply were worth $480,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of TSCO. GW&K Investment Management LLC lifted its position in Tractor Supply by 89.3% in 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 during the last quarter. Opal Wealth Advisors LLC acquired a new position in Tractor Supply in the second quarter valued at about $35,000. Financial Gravity Asset Management Inc. acquired a new position in Tractor Supply in the first quarter valued at about $39,000. Smallwood Wealth Investment Management LLC acquired a new position in Tractor Supply in the first quarter valued at about $41,000. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of Tractor Supply during the first quarter worth about $41,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

Tractor Supply Price Performance

Tractor Supply stock opened at $54.77 on Wednesday. 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 stock has a market capitalization of $29.03 billion, a P/E ratio of 26.87, a P/E/G ratio of 2.83 and a beta of 0.73. The firm’s 50-day moving average is $58.46 and its two-hundred day moving average is $54.96. Tractor Supply Company has a 12-month low of $46.85 and a 12-month high of $63.99.

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

Tractor Supply Dividend Announcement

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

Wall Street Analysts Forecast Growth

TSCO has been the topic of several research reports. Piper Sandler increased their price target on shares of Tractor Supply from $66.00 to $67.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Telsey Advisory Group restated an “outperform” rating and set a $70.00 target price on shares of Tractor Supply in a research report on Friday, October 17th. Evercore ISI lowered their price objective on shares of Tractor Supply from $65.00 to $60.00 and set an “in-line” rating on the stock in a research report on Tuesday, October 7th. Wells Fargo & Company raised their target price on Tractor Supply from $63.00 to $65.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Finally, Loop Capital raised their target price on Tractor Supply from $48.00 to $60.00 and gave the company a “hold” rating in a 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 stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $62.45.

Insider Buying and Selling at Tractor Supply

In other Tractor Supply news, CFO Kurt D. Barton sold 90,000 shares of Tractor Supply stock in a transaction dated 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 completion of the sale, the chief financial officer owned 47,715 shares in the company, valued at $3,051,851.40. The trade was a 65.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Noni L. Ellison sold 5,200 shares of Tractor Supply stock in a transaction dated 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 sale, the senior vice president owned 28,639 shares of the company’s stock, valued at $1,831,750.44. This trade represents a 15.37% decrease in their position. The disclosure for this sale can be found here. Insiders sold 101,880 shares of company stock worth $6,479,104 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.