76,433 Shares in Tractor Supply Company $TSCO Bought by McGuire Investment Group LLC

Key Points

• McGuire Investment Group LLC purchased 76,433 shares of Tractor Supply Company (NASDAQ: TSCO), valued at approximately $4,033,000, in the second quarter.
• Recent insider transactions include SVP Noni L. Ellison and Director Denise L. Jackson selling substantial portions of their stock, indicating a decrease in ownership for both individuals.
• Tractor Supply reported Q2 earnings of $0.81 per share, surpassing analyst expectations, and has set its Q3 guidance at 2.000-2.180 EPS.

McGuire Investment Group LLC bought a new position in Tractor Supply Company (NASDAQ:TSCO - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 76,433 shares of the specialty retailer's stock, valued at approximately $4,033,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GW&K Investment Management LLC boosted its stake in Tractor Supply by 89.3% in 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. Opal Wealth Advisors LLC acquired a new position in Tractor Supply in the 2nd quarter worth $35,000. Financial Gravity Asset Management Inc. acquired a new position in shares of Tractor Supply during the 1st quarter worth about $39,000. Zions Bancorporation National Association UT acquired a new position in shares of Tractor Supply during the 1st quarter worth about $41,000. Finally, Smallwood Wealth Investment Management LLC acquired a new position in shares of Tractor Supply during the 1st quarter worth about $41,000. 98.72% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Tractor Supply

In other news, SVP Noni L. Ellison sold 5,200 shares of the firm's stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $63.96, for a total transaction of $332,592.00. Following the transaction, the senior vice president directly owned 28,639 shares of the company's stock, valued at approximately $1,831,750.44. This trade represents a 15.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Denise L. Jackson sold 4,630 shares of the firm's stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $55.93, for a total transaction of $258,955.90. Following the transaction, the director directly owned 35,288 shares in the company, valued at $1,973,657.84. This represents a 11.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 146,500 shares of company stock worth $8,984,912. 0.65% of the stock is currently owned by insiders.

Analyst Ratings Changes

TSCO has been the subject of a number of recent research reports. Wells Fargo & Company increased their price objective on shares of Tractor Supply from $63.00 to $65.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Evercore ISI increased their price objective on shares of Tractor Supply from $60.00 to $65.00 and gave the stock an "in-line" rating in a research note on Friday, July 25th. JPMorgan Chase & Co. increased their price objective 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. Truist Financial increased their price objective on shares of Tractor Supply from $60.00 to $66.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Finally, DA Davidson increased their price objective 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. Thirteen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Tractor Supply has an average rating of "Moderate Buy" and a consensus price target of $62.15.

Tractor Supply Stock Down 1.7%

Tractor Supply stock opened at $55.92 on Thursday. The stock has a market cap of $29.63 billion, a P/E ratio of 27.44, a P/E/G ratio of 2.92 and a beta of 0.73. The company has a quick ratio of 0.16, a current ratio of 1.28 and a debt-to-equity ratio of 0.68. Tractor Supply Company has a twelve month low of $46.85 and a twelve month high of $63.99. The company's 50-day moving average price is $59.58 and its two-hundred day moving average price is $54.83.

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

Tractor Supply Dividend Announcement

The business 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. This represents a $0.92 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Monday, August 25th. Tractor Supply's dividend payout ratio is currently 45.10%.

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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