651,833 Shares in Tractor Supply Company $TSCO Bought by Caisse DE Depot ET Placement DU Quebec

Key Points

• Caisse DE Depot ET Placement DU Quebec acquired 651,833 shares of Tractor Supply Company (NASDAQ:TSCO), valued at approximately $35.9 million, representing 0.12% of the company's stock.
• Tractor Supply recently announced a quarterly dividend of $0.23 per share, with an annualized yield of 1.5%, scheduled for payment on September 9th.
• Several analysts raised their target prices for Tractor Supply, with a consensus target of $61.80 and a general outlook of "Moderate Buy" based on recent ratings upgrades.

Caisse DE Depot ET Placement DU Quebec purchased a new position in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 651,833 shares of the specialty retailer's stock, valued at approximately $35,916,000. Caisse DE Depot ET Placement DU Quebec owned 0.12% of Tractor Supply at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of TSCO. GW&K Investment Management LLC boosted its stake in Tractor Supply by 89.3% during the 1st quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer's stock worth $26,000 after purchasing an additional 226 shares during the period. Dunhill Financial LLC lifted its stake in shares of Tractor Supply by 325.8% in the 4th quarter. Dunhill Financial LLC now owns 511 shares of the specialty retailer's stock worth $27,000 after acquiring an additional 391 shares during the period. Pacific Center for Financial Services lifted its stake in shares of Tractor Supply by 400.0% in the 4th quarter. Pacific Center for Financial Services now owns 550 shares of the specialty retailer's stock worth $29,000 after acquiring an additional 440 shares during the period. LRI Investments LLC lifted its stake in shares of Tractor Supply by 400.0% in the 4th quarter. LRI Investments LLC now owns 615 shares of the specialty retailer's stock worth $33,000 after acquiring an additional 492 shares during the period. Finally, Financial Gravity Asset Management Inc. acquired a new stake in shares of Tractor Supply in the 1st quarter worth $39,000. Institutional investors and hedge funds own 98.72% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on TSCO. Piper Sandler raised their target price on shares of Tractor Supply from $66.00 to $67.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Bank of America upgraded shares of Tractor Supply from an "underperform" rating to a "buy" rating and set a $70.00 target price for the company in a research note on Thursday, July 24th. Robert W. Baird raised 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. DA Davidson raised their target price on shares of Tractor Supply from $65.00 to $70.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Finally, Telsey Advisory Group set a $70.00 target price on shares of Tractor Supply in a research note on Friday, July 25th. Thirteen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, Tractor Supply has a consensus rating of "Moderate Buy" and a consensus target price of $61.80.

Tractor Supply Stock Performance

Shares of TSCO opened at $61.69 on Wednesday. The company has a 50-day simple moving average of $57.44 and a 200-day simple moving average of $54.13. The company has a quick ratio of 0.16, a current ratio of 1.28 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $32.69 billion, a PE ratio of 30.27, a P/E/G ratio of 3.16 and a beta of 0.75. Tractor Supply Company has a 52-week low of $46.85 and a 52-week high of $63.99.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last announced its quarterly earnings results 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. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The business had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.40 billion. During the same quarter last year, the firm posted $3.93 EPS. The business's revenue was up 4.5% compared to the same quarter last year. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. Equities research analysts predict that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 9th. Shareholders of record on Monday, August 25th will be issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, August 25th. Tractor Supply's dividend payout ratio (DPR) is 45.10%.

Insider Buying and Selling at Tractor Supply

In other news, Director Denise L. Jackson sold 1,165 shares of Tractor Supply stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $58.50, for a total transaction of $68,152.50. Following the completion of the sale, the director directly owned 31,123 shares in the company, valued at $1,820,695.50. The trade was a 3.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Colin Yankee sold 6,680 shares of Tractor Supply stock in a transaction that occurred 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 in the company, valued at approximately $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 sold 204,680 shares of company stock valued at $12,071,552. Corporate insiders own 0.65% of the company's stock.

Tractor Supply 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.

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