AQR Capital Management LLC Increases Position in Tractor Supply Company $TSCO

Key Points

• AQR Capital Management LLC increased its stake in Tractor Supply Company by 3.1%, owning 145,279 shares worth approximately $7.95 million.
• Tractor Supply reported better-than-expected earnings for the last quarter, with revenues of $4.44 billion, surpassing analysts' expectations of $4.40 billion.
• Insiders recently sold a total of 204,680 shares of the company's stock, collectively valued at $12.07 million, indicating a potential shift in insider confidence.

AQR Capital Management LLC lifted its holdings in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 3.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 145,279 shares of the specialty retailer's stock after purchasing an additional 4,305 shares during the quarter. AQR Capital Management LLC's holdings in Tractor Supply were worth $7,947,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in TSCO. GW&K Investment Management LLC boosted its position in shares of 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 in the last quarter. Pacific Center for Financial Services boosted its position 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 purchasing an additional 440 shares in the last quarter. Financial Gravity Asset Management Inc. acquired a new stake in shares of Tractor Supply in the 1st quarter worth $39,000. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Tractor Supply in the 1st quarter worth $41,000. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of Tractor Supply in the 1st quarter worth $41,000. Institutional investors and hedge funds own 98.72% of the company's stock.

Tractor Supply Stock Performance

Shares of NASDAQ TSCO traded up $0.59 during trading on Friday, reaching $60.61. 4,395,306 shares of the company traded hands, compared to its average volume of 3,834,423. The firm's fifty day simple moving average is $59.40 and its 200 day simple moving average is $54.51. The stock has a market cap of $32.12 billion, a P/E ratio of 29.74, a PEG ratio of 3.08 and a beta of 0.76. Tractor Supply Company has a 12-month low of $46.85 and a 12-month high of $63.99. The company has a current ratio of 1.28, a quick ratio of 0.16 and a debt-to-equity ratio of 0.68.

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

Tractor Supply Announces Dividend

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

Insider Buying and Selling at Tractor Supply

In related 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 transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Colin Yankee sold 6,680 shares of Tractor Supply stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $58.40, for a total value of $390,112.00. Following the completion of the transaction, the executive vice president owned 40,142 shares of the company's stock, valued at approximately $2,344,292.80. This represents a 14.27% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 204,680 shares of company stock worth $12,071,552. Insiders own 0.65% of the company's stock.

Wall Street Analyst Weigh In

TSCO has been the subject of a number of recent analyst reports. Wall Street Zen raised Tractor Supply from a "sell" rating to a "hold" rating in a research report on Saturday, July 26th. Telsey Advisory Group set a $70.00 price target on Tractor Supply in a research report on Friday, July 25th. JPMorgan Chase & Co. lifted their price target on Tractor Supply from $56.00 to $65.00 and gave the stock a "neutral" rating in a research report on Monday, July 21st. DA Davidson lifted their price target on Tractor Supply from $65.00 to $70.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Finally, Wells Fargo & Company lifted their price target on Tractor Supply from $63.00 to $65.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Thirteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $61.80.

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.