Tractor Supply Company $TSCO Shares Bought by GDS Wealth Management

Key Points

• GDS Wealth Management significantly increased its stake in Tractor Supply Company by acquiring an additional 52,058 shares, raising its total holdings to 85,212 shares valued at approximately $4.7 million.
• Several hedge funds have also boosted their positions in Tractor Supply, indicating strong institutional interest, with 98.72% of the stock owned by institutional investors and hedge funds.
• Analysts have mixed views on Tractor Supply's stock; while Mizuho lowered its target price to $58, Truist increased theirs to $66, highlighting varying projections on the company's future performance.

GDS Wealth Management increased its holdings in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 157.0% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 85,212 shares of the specialty retailer's stock after buying an additional 52,058 shares during the quarter. GDS Wealth Management's holdings in Tractor Supply were worth $4,695,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Credit Agricole S A boosted its position in Tractor Supply by 7.3% in the first quarter. Credit Agricole S A now owns 138,442 shares of the specialty retailer's stock worth $7,628,000 after purchasing an additional 9,371 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. raised its position in Tractor Supply by 3.0% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 12,727 shares of the specialty retailer's stock valued at $701,000 after purchasing an additional 371 shares during the period. BI Asset Management Fondsmaeglerselskab A S increased its position in shares of Tractor Supply by 622.0% during the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 155,739 shares of the specialty retailer's stock valued at $8,581,000 after purchasing an additional 134,169 shares during the last quarter. Colonial Trust Advisors increased its position in shares of Tractor Supply by 46.0% during the 1st quarter. Colonial Trust Advisors now owns 16,275 shares of the specialty retailer's stock valued at $897,000 after purchasing an additional 5,125 shares during the last quarter. Finally, Wellington Management Group LLP grew its position in Tractor Supply by 16.0% in the 1st quarter. Wellington Management Group LLP now owns 27,604,769 shares of the specialty retailer's stock valued at $1,521,023,000 after acquiring an additional 3,815,520 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Denise L. Jackson sold 4,630 shares of Tractor Supply stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $55.93, for a total transaction of $258,955.90. Following the transaction, the director owned 35,288 shares in the company, valued at approximately $1,973,657.84. This trade represents a 11.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Noni L. Ellison sold 5,200 shares of Tractor Supply stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $63.96, for a total value of $332,592.00. Following the transaction, the senior vice president owned 28,639 shares in the company, valued at approximately $1,831,750.44. The trade was a 15.37% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 204,680 shares of company stock valued at $12,071,552. 0.65% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have commented on TSCO. Evercore ISI upped their price objective on Tractor Supply from $60.00 to $65.00 and gave the company an "in-line" rating in a research report on Friday, July 25th. DA Davidson upped 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. Wall Street Zen upgraded Tractor Supply from a "sell" rating to a "hold" rating in a report on Saturday, July 26th. Loop Capital upped their price objective on Tractor Supply from $48.00 to $60.00 and gave the stock a "hold" rating in a research note on Friday, July 25th. Finally, Truist Financial increased their price target on Tractor Supply from $60.00 to $66.00 and gave the company a "buy" rating 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. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $61.80.

Tractor Supply Stock Performance

Tractor Supply stock traded up $0.61 during midday trading on Friday, hitting $61.61. 3,230,182 shares of the company were exchanged, compared to its average volume of 4,697,547. The firm has a market capitalization of $32.65 billion, a PE ratio of 30.23, a price-to-earnings-growth ratio of 3.13 and a beta of 0.75. The business has a fifty day simple moving average of $57.03 and a two-hundred day simple moving average of $54.01. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.16 and a current ratio of 1.28. Tractor Supply Company has a fifty-two week low of $46.85 and a fifty-two week high of $63.99.

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

Tractor Supply Dividend Announcement

The company also recently announced 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 annualized dividend 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%.

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.