Dynamic Technology Lab Private Ltd Acquires 15,897 Shares of Tractor Supply Company $TSCO

Key Points

• Dynamic Technology Lab Private Ltd increased its stake in Tractor Supply Company by 202.5% in the first quarter, now holding 23,747 shares valued at approximately $1.3 million.
• Tractor Supply Company reported a quarterly earnings per share (EPS) of $0.81, surpassing estimates, and experienced a 4.5% year-over-year increase in revenue to $4.44 billion.
• The company announced a $0.23 quarterly dividend to be paid on September 9th, with a current dividend yield of 1.5%.

Dynamic Technology Lab Private Ltd increased its stake in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 202.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 23,747 shares of the specialty retailer's stock after buying an additional 15,897 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in Tractor Supply were worth $1,308,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of TSCO. Select Equity Group L.P. grew its stake in shares of Tractor Supply by 405.6% in the fourth quarter. Select Equity Group L.P. now owns 7,669,224 shares of the specialty retailer's stock valued at $406,929,000 after buying an additional 6,152,333 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Tractor Supply by 476.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,910,178 shares of the specialty retailer's stock valued at $260,534,000 after buying an additional 4,058,875 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of Tractor Supply by 16.0% in the first quarter. Wellington Management Group LLP now owns 27,604,769 shares of the specialty retailer's stock valued at $1,521,023,000 after buying an additional 3,815,520 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in shares of Tractor Supply in the fourth quarter valued at about $156,404,000. Finally, Vanguard Group Inc. grew its stake in shares of Tractor Supply by 4.1% in the first quarter. Vanguard Group Inc. now owns 66,631,422 shares of the specialty retailer's stock valued at $3,671,391,000 after buying an additional 2,597,450 shares in the last quarter. Institutional investors and hedge funds own 98.72% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on TSCO. Wall Street Zen upgraded Tractor Supply from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th. The Goldman Sachs Group restated a "buy" rating on shares of Tractor Supply in a research note 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 for the company in a research note on Thursday, July 24th. DA Davidson increased their target price on Tractor Supply from $65.00 to $70.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Finally, JPMorgan Chase & Co. increased their target price on Tractor Supply from $56.00 to $65.00 and gave the stock a "neutral" rating in a report on Monday, July 21st. 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.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $61.80.

Insider Buying and Selling at Tractor Supply

In related news, CFO Kurt D. Barton sold 90,000 shares of the business's stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $63.96, for a total transaction of $5,756,400.00. Following the completion of the transaction, the chief financial officer owned 47,715 shares of the company's stock, valued at approximately $3,051,851.40. The trade was a 65.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Jonathan S. Estep sold 56,630 shares of the firm's stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of $53.00, for a total value of $3,001,390.00. Following the completion of the sale, the executive vice president owned 74,605 shares of the company's stock, valued at $3,954,065. This represents a 43.15% decrease in their position. 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 ninety days. 0.65% of the stock is owned by insiders.

Tractor Supply Stock Up 0.6%

NASDAQ TSCO traded up $0.38 on Friday, reaching $60.40. The stock had a trading volume of 2,894,084 shares, compared to its average volume of 5,423,464. The business has a 50 day moving average price of $59.28 and a 200 day moving average price of $54.49. 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 Company has a 1 year low of $46.85 and a 1 year high of $63.99. The company has a market capitalization of $32.01 billion, a price-to-earnings ratio of 29.62, a P/E/G ratio of 3.00 and a beta of 0.76.

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, topping 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 company had revenue of $4.44 billion during the quarter, compared to analysts' expectations of $4.40 billion. During the same quarter in the previous year, the firm earned $3.93 earnings per share. The business's quarterly 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. On average, analysts forecast that Tractor Supply Company will post 2.17 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, August 25th were given 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 of this dividend was Monday, August 25th. Tractor Supply's payout ratio is currently 45.10%.

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.