EP Wealth Advisors LLC Makes New Investment in Tractor Supply Company $TSCO

Key Points

• EP Wealth Advisors LLC has invested approximately $3.78 million in Tractor Supply Company, purchasing 68,518 shares.
• Tractor Supply has received several analyst upgrades, with reports from Raymond James and Telsey Advisory Group increasing their target prices to $65.00 and $70.00, respectively.
• The company declared a quarterly dividend of $0.23 per share, with an annualized yield of 1.5%, reflecting a payout ratio of 45.10%.

EP Wealth Advisors LLC purchased a new stake in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 68,518 shares of the specialty retailer's stock, valued at approximately $3,775,000.

Other large investors also recently made changes to their positions in the company. GW&K Investment Management LLC lifted its position in shares of Tractor Supply by 89.3% during the first quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer's stock valued at $26,000 after purchasing an additional 226 shares in the last quarter. Dunhill Financial LLC lifted its position in shares of Tractor Supply by 325.8% during the fourth quarter. Dunhill Financial LLC now owns 511 shares of the specialty retailer's stock valued at $27,000 after purchasing an additional 391 shares in the last quarter. Pacific Center for Financial Services lifted its position in shares of Tractor Supply by 400.0% during the fourth quarter. Pacific Center for Financial Services now owns 550 shares of the specialty retailer's stock valued at $29,000 after purchasing an additional 440 shares in the last quarter. LRI Investments LLC lifted its position in shares of Tractor Supply by 400.0% during the fourth quarter. LRI Investments LLC now owns 615 shares of the specialty retailer's stock valued at $33,000 after purchasing an additional 492 shares in the last quarter. Finally, Financial Gravity Asset Management Inc. bought a new position in shares of Tractor Supply during the first quarter valued at about $39,000. 98.72% of the stock is owned by institutional investors.

Tractor Supply Stock Performance

Shares of TSCO traded down $0.12 during trading hours on Friday, hitting $60.52. The company's stock had a trading volume of 3,211,804 shares, compared to its average volume of 3,971,287. The company has a market cap of $32.07 billion, a price-to-earnings ratio of 29.70, a PEG 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. The business has a 50 day simple moving average of $58.87 and a two-hundred day simple moving average of $54.40. Tractor Supply Company has a 52-week low of $46.85 and a 52-week high of $63.99.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last posted 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. The firm had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.40 billion. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The company's revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the company earned $3.93 earnings per share. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. On average, equities analysts expect that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

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

Insider Buying and Selling

In other news, EVP Jonathan S. Estep sold 56,630 shares of the firm's stock in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of $53.00, for a total value of $3,001,390.00. Following the completion of the transaction, the executive vice president directly owned 74,605 shares in the company, valued at approximately $3,954,065. This trade represents a 43.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Colin Yankee sold 6,680 shares of the firm's stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $58.40, for a total transaction 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 $2,344,292.80. This trade represents a 14.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 204,680 shares of company stock valued at $12,071,552 in the last three months. Insiders own 0.65% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TSCO. Wall Street Zen upgraded shares of Tractor Supply from a "sell" rating to a "hold" rating in a report on Saturday, July 26th. Truist Financial lifted their price objective on shares of Tractor Supply from $60.00 to $66.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Telsey Advisory Group set a $70.00 price objective on shares of Tractor Supply in a research report on Friday, July 25th. UBS Group lifted their price objective on shares of Tractor Supply from $54.00 to $61.00 and gave the stock a "neutral" rating in a research report on Friday, July 25th. Finally, DA Davidson lifted their price objective on shares of Tractor Supply from $65.00 to $70.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Thirteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, Tractor Supply currently has an average rating of "Moderate Buy" and an average target price of $61.80.

Tractor Supply Company 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.