GKV Capital Management Co. Inc. Acquires 6,900 Shares of Tractor Supply Company $TSCO

Key Points

• GKV Capital Management Co. Inc. increased its holdings in Tractor Supply Company by 36.5%, acquiring an additional 6,900 shares to reach a total of 25,800 shares valued at approximately $1.42 million.
• Tractor Supply Company reported earnings of $0.81 per share for the last quarter, surpassing analyst expectations and showing a 4.5% increase in year-over-year revenue.
• The firm announced a quarterly dividend of $0.23 per share, set to be paid on September 9th, representing an annualized yield of 1.5%.

GKV Capital Management Co. Inc. raised its holdings in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) by 36.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,800 shares of the specialty retailer's stock after purchasing an additional 6,900 shares during the quarter. GKV Capital Management Co. Inc.'s holdings in Tractor Supply were worth $1,422,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. APG Asset Management N.V. increased its stake in shares of Tractor Supply by 33.3% during the first quarter. APG Asset Management N.V. now owns 475,484 shares of the specialty retailer's stock valued at $24,254,000 after buying an additional 118,884 shares during the period. Ameriprise Financial Inc. increased its stake in shares of Tractor Supply by 19.4% during the first quarter. Ameriprise Financial Inc. now owns 2,064,224 shares of the specialty retailer's stock valued at $113,745,000 after buying an additional 335,563 shares during the period. Bahl & Gaynor Inc. increased its stake in shares of Tractor Supply by 31.0% during the first quarter. Bahl & Gaynor Inc. now owns 177,636 shares of the specialty retailer's stock valued at $9,788,000 after buying an additional 41,989 shares during the period. FORA Capital LLC increased its stake in shares of Tractor Supply by 434.1% during the fourth quarter. FORA Capital LLC now owns 35,526 shares of the specialty retailer's stock valued at $1,885,000 after buying an additional 28,875 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its stake in shares of Tractor Supply by 7.9% during the first quarter. Allspring Global Investments Holdings LLC now owns 70,944 shares of the specialty retailer's stock valued at $3,911,000 after buying an additional 5,184 shares during the period. Hedge funds and other institutional investors own 98.72% of the company's stock.

Tractor Supply Price Performance

Shares of TSCO stock opened at $62.65 on Friday. Tractor Supply Company has a fifty-two week low of $46.85 and a fifty-two week high of $63.99. The firm has a market capitalization of $33.20 billion, a price-to-earnings ratio of 30.74, a PEG ratio of 3.20 and a beta of 0.75. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.16 and a current ratio of 1.28. The stock's 50-day simple moving average is $57.86 and its 200-day simple moving average is $54.24.

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 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 business had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.40 billion. During the same quarter in the previous year, the firm earned $3.93 earnings per share. The company's revenue was up 4.5% on a year-over-year basis. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, equities analysts forecast that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

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

Insider Buying and Selling at Tractor Supply

In related news, EVP Jonathan S. Estep sold 35,825 shares of Tractor Supply stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $56.00, for a total transaction of $2,006,200.00. Following the completion of the sale, the executive vice president owned 74,605 shares of the company's stock, valued at $4,177,880. The trade was a 32.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Colin Yankee sold 6,680 shares of Tractor Supply stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $58.40, for a total value of $390,112.00. Following the sale, the executive vice president directly owned 40,142 shares of the company's stock, valued at $2,344,292.80. This trade 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 valued at $12,071,552. Insiders own 0.65% of the company's stock.

Analyst Ratings Changes

TSCO has been the topic of several research reports. Evercore ISI raised their price target on Tractor Supply from $60.00 to $65.00 and gave the company an "in-line" rating in a research note on Friday, July 25th. Raymond James Financial reiterated an "outperform" rating and issued a $65.00 target price (up previously from $57.00) on shares of Tractor Supply in a research note on Friday, July 25th. Loop Capital lifted their target price on Tractor Supply from $48.00 to $60.00 and gave the company a "hold" rating in a research note on Friday, July 25th. DA Davidson lifted their target price on Tractor Supply from $65.00 to $70.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Finally, Robert W. Baird lifted their target price on Tractor Supply from $56.00 to $61.00 and gave the company an "outperform" rating in a research note on Monday, July 21st. Thirteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average 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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