Central Bank & Trust Co. Has $3.89 Million Position in Tractor Supply Company $TSCO

Key Points

• Central Bank & Trust Co. reduced its stake in Tractor Supply Company by 7.8% during Q2, now holding 73,781 shares valued at approximately $3.89 million.
• Tractor Supply reported a quarterly earnings per share of $0.81, surpassing analysts' expectations, while its revenue rose to $4.44 billion, a 4.5% increase compared to the previous year.
• The company announced a quarterly dividend of $0.23 per share, reflecting an annualized dividend yield of 1.5% and a payout ratio of 45.10%.

Central Bank & Trust Co. cut its holdings in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) by 7.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 73,781 shares of the specialty retailer's stock after selling 6,278 shares during the quarter. Central Bank & Trust Co.'s holdings in Tractor Supply were worth $3,893,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Czech National Bank lifted its holdings in shares of Tractor Supply by 5.6% during the second quarter. Czech National Bank now owns 129,600 shares of the specialty retailer's stock worth $6,839,000 after buying an additional 6,904 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Tractor Supply by 20.9% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 36,081 shares of the specialty retailer's stock worth $1,904,000 after buying an additional 6,232 shares during the last quarter. Park National Corp OH lifted its holdings in shares of Tractor Supply by 2.1% during the second quarter. Park National Corp OH now owns 11,060 shares of the specialty retailer's stock worth $584,000 after buying an additional 225 shares during the last quarter. Cullen Investment Group LTD. acquired a new position in shares of Tractor Supply during the second quarter worth approximately $352,000. Finally, AG2R LA Mondiale Gestion D Actifs acquired a new position in shares of Tractor Supply during the first quarter worth approximately $1,370,000. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Tractor Supply Stock Performance

Shares of NASDAQ:TSCO opened at $59.61 on Tuesday. The business's fifty day moving average price is $59.46 and its two-hundred day moving average price is $54.54. Tractor Supply Company has a fifty-two week low of $46.85 and a fifty-two week high of $63.99. The stock has a market capitalization of $31.59 billion, a price-to-earnings ratio of 29.25, a price-to-earnings-growth ratio of 3.11 and a beta of 0.76. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.28 and a quick ratio of 0.16.

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 for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $4.40 billion. During the same period in the prior year, the business posted $3.93 earnings per share. 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. As a group, analysts predict that Tractor Supply Company will post 2.17 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

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

Insider Activity at Tractor Supply

In other news, Director Denise L. Jackson sold 1,165 shares of the stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of $58.50, for a total transaction of $68,152.50. Following the sale, the director owned 31,123 shares in the company, valued at approximately $1,820,695.50. This represents a 3.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Jonathan S. Estep sold 35,825 shares of the stock in a transaction on Monday, July 7th. The stock was sold at an average price of $56.00, for a total value of $2,006,200.00. Following the sale, the executive vice president owned 74,605 shares in the company, valued at $4,177,880. The trade was a 32.44% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 204,680 shares of company stock valued at $12,071,552. 0.65% of the stock is currently owned by company insiders.

Analyst Ratings Changes

TSCO has been the subject of a number of research analyst reports. Wall Street Zen upgraded Tractor Supply from a "sell" rating to a "hold" rating in a report on Saturday, July 26th. DA Davidson boosted their price objective on Tractor Supply from $65.00 to $70.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Telsey Advisory Group set a $70.00 price objective on Tractor Supply in a research report on Friday, July 25th. Bank of America upgraded Tractor Supply from an "underperform" rating to a "buy" rating and set a $70.00 price objective on the stock in a research report on Thursday, July 24th. Finally, Raymond James Financial restated an "outperform" rating and set a $65.00 price objective (up from $57.00) on shares of Tractor Supply in a research report on Friday, July 25th. Thirteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $61.80.

About Tractor Supply

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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