Tractor Supply Company $TSCO Shares Purchased by Wisconsin Wealth Advisors LLC

Wisconsin Wealth Advisors LLC lifted its position in Tractor Supply Company (NASDAQ:TSCO) by 19.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,242 shares of the specialty retailer’s stock after acquiring an additional 1,637 shares during the quarter. Wisconsin Wealth Advisors LLC’s holdings in Tractor Supply were worth $540,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Wellington Management Group LLP grew its position in shares of Tractor Supply by 16.0% during the first quarter. Wellington Management Group LLP now owns 27,604,769 shares of the specialty retailer’s stock worth $1,521,023,000 after acquiring an additional 3,815,520 shares during the last quarter. Vanguard Group Inc. grew its position in Tractor Supply by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 66,631,422 shares of the specialty retailer’s stock worth $3,671,391,000 after purchasing an additional 2,597,450 shares during the last quarter. Alliancebernstein L.P. increased its stake in shares of Tractor Supply by 10.8% in the first quarter. Alliancebernstein L.P. now owns 24,664,907 shares of the specialty retailer’s stock valued at $1,359,036,000 after purchasing an additional 2,408,373 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of Tractor Supply by 14.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 11,927,641 shares of the specialty retailer’s stock valued at $657,214,000 after purchasing an additional 1,510,489 shares during the period. Finally, Select Equity Group L.P. raised its holdings in shares of Tractor Supply by 16.8% during the first quarter. Select Equity Group L.P. now owns 8,959,995 shares of the specialty retailer’s stock valued at $493,696,000 after buying an additional 1,290,771 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

TSCO has been the topic of several recent analyst reports. UBS Group boosted their price target on Tractor Supply from $54.00 to $61.00 and gave the stock a “neutral” rating in a research report on Friday, July 25th. Weiss Ratings restated a “buy (b-)” rating on shares of Tractor Supply in a research report on Monday. Raymond James Financial reiterated an “outperform” rating and set a $65.00 price objective (up previously from $57.00) on shares of Tractor Supply in a research note on Friday, July 25th. DA Davidson set a $70.00 price target on Tractor Supply in a research note on Friday, October 24th. Finally, Robert W. Baird upped their price objective on Tractor Supply from $65.00 to $67.00 and gave the company an “outperform” rating in a report on Friday, October 24th. Fifteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $63.95.

Tractor Supply Trading Up 0.2%

Shares of TSCO opened at $52.64 on Thursday. The company has a current ratio of 1.30, a quick ratio of 0.14 and a debt-to-equity ratio of 0.69. Tractor Supply Company has a 1-year low of $46.85 and a 1-year high of $63.99. The stock has a market capitalization of $27.81 billion, a P/E ratio of 25.31, a P/E/G ratio of 2.76 and a beta of 0.70. The business’s 50-day moving average price is $55.82 and its 200 day moving average price is $55.65.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings results on Thursday, October 23rd. The specialty retailer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. Tractor Supply had a net margin of 7.18% and a return on equity of 46.18%. The business had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.72 billion. During the same quarter in the previous year, the business earned $0.45 earnings per share. The firm’s revenue was up 7.2% compared to the same quarter last year. Tractor Supply has set its FY 2025 guidance at 2.060-2.130 EPS. Analysts expect that Tractor Supply Company will post 2.17 earnings per share for the current year.

Tractor Supply Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 9th. Stockholders of record on Monday, November 24th will be given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, November 24th. Tractor Supply’s dividend payout ratio is 44.23%.

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.