American Century Companies Inc. Grows Stock Holdings in Tractor Supply Company $TSCO

Key Points

• American Century Companies Inc. increased its stake in Tractor Supply Company by 20.5%, owning approximately 3.27 million shares valued at $180.19 million as of the latest quarter.
• Tractor Supply recently reported earnings of $0.81 per share, surpassing expectations, and revenue of $4.44 billion, reflecting a 4.5% year-over-year increase.
• The company declared a dividend of $0.23 per share to be paid on September 9th, resulting in an annualized dividend of $0.92 and a yield of 1.5%.

American Century Companies Inc. raised its stake in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) by 20.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,270,245 shares of the specialty retailer's stock after purchasing an additional 555,244 shares during the period. American Century Companies Inc. owned 0.62% of Tractor Supply worth $180,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Coppell Advisory Solutions LLC raised its holdings in shares of Tractor Supply by 944.4% in the fourth quarter. Coppell Advisory Solutions LLC now owns 470 shares of the specialty retailer's stock worth $25,000 after buying an additional 425 shares during the period. GW&K Investment Management LLC raised its holdings in shares of Tractor Supply by 89.3% in the first quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer's stock worth $26,000 after buying an additional 226 shares during the period. Dunhill Financial LLC raised its holdings in shares of Tractor Supply by 325.8% in the fourth quarter. Dunhill Financial LLC now owns 511 shares of the specialty retailer's stock worth $27,000 after buying an additional 391 shares during the period. Pacific Center for Financial Services raised its holdings in shares of Tractor Supply by 400.0% in the fourth quarter. Pacific Center for Financial Services now owns 550 shares of the specialty retailer's stock worth $29,000 after buying an additional 440 shares during the period. Finally, LRI Investments LLC raised its holdings in shares of Tractor Supply by 400.0% in the fourth quarter. LRI Investments LLC now owns 615 shares of the specialty retailer's stock worth $33,000 after buying an additional 492 shares during the period. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Tractor Supply Stock Up 1.9%

Shares of TSCO traded up $1.18 during midday trading on Tuesday, hitting $62.28. 4,393,089 shares of the company's stock traded hands, compared to its average volume of 5,590,215. The company has a current ratio of 1.28, a quick ratio of 0.16 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $33.01 billion, a price-to-earnings ratio of 30.56, a price-to-earnings-growth ratio of 3.11 and a beta of 0.75. Tractor Supply Company has a 1 year low of $46.85 and a 1 year high of $63.99. The firm's fifty day moving average is $56.23 and its 200-day moving average is $53.80.

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

Tractor Supply Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on TSCO shares. Evercore ISI increased their price target on Tractor Supply from $60.00 to $65.00 and gave the stock an "in-line" rating in a report on Friday, July 25th. Piper Sandler increased their price target on Tractor Supply from $66.00 to $67.00 and gave the stock an "overweight" rating in a report on Friday, July 25th. JPMorgan Chase & Co. increased their price target on Tractor Supply from $56.00 to $65.00 and gave the stock a "neutral" rating in a report on Monday, July 21st. Wall Street Zen raised Tractor Supply from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th. Finally, Telsey Advisory Group set a $70.00 price objective on Tractor Supply 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 company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $61.80.

Insider Activity at Tractor Supply

In other Tractor Supply news, Director Denise L. Jackson sold 1,165 shares of the company's stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $58.50, for a total transaction of $68,152.50. Following the transaction, the director owned 31,123 shares in the company, valued at approximately $1,820,695.50. This represents a 3.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Colin Yankee sold 6,680 shares of Tractor Supply stock in a transaction on Monday, July 28th. The stock was sold at an average price of $58.40, for a total transaction of $390,112.00. Following the sale, the executive vice president owned 40,142 shares of the company's stock, valued at $2,344,292.80. The trade was a 14.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 204,680 shares of company stock worth $12,071,552 in the last 90 days. 0.65% of the stock is owned by insiders.

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.