IFP Advisors Inc Sells 18,580 Shares of Tractor Supply Company $TSCO

Key Points

• IFP Advisors Inc has reduced its stake in Tractor Supply Company by 77.2%, selling 18,580 shares and leaving them with 5,492 shares valued at approximately $290,000.
• Several institutional investors, including Vanguard Group Inc and Wellington Management Group LLP, increased their holdings in Tractor Supply, indicating strong institutional interest in the stock.
• Tractor Supply recently announced a quarterly dividend of $0.23, reflecting an annualized yield of 1.7% and a dividend payout ratio of 45.10%.

IFP Advisors Inc decreased its stake in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 77.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,492 shares of the specialty retailer's stock after selling 18,580 shares during the period. IFP Advisors Inc's holdings in Tractor Supply were worth $290,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in shares of Tractor Supply by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 66,631,422 shares of the specialty retailer's stock worth $3,671,391,000 after purchasing an additional 2,597,450 shares during the period. Wellington Management Group LLP increased its position in 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 worth $1,521,023,000 after buying an additional 3,815,520 shares during the last quarter. Alliancebernstein L.P. raised its stake in shares of Tractor Supply by 10.8% in the first quarter. Alliancebernstein L.P. now owns 24,664,907 shares of the specialty retailer's stock valued at $1,359,036,000 after buying an additional 2,408,373 shares during the period. Price T Rowe Associates Inc. MD lifted its position in shares of Tractor Supply by 14.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,927,641 shares of the specialty retailer's stock valued at $657,214,000 after buying an additional 1,510,489 shares during the last quarter. Finally, Select Equity Group L.P. grew its stake in shares of Tractor Supply by 16.8% during the 1st quarter. Select Equity Group L.P. now owns 8,959,995 shares of the specialty retailer's stock worth $493,696,000 after acquiring an additional 1,290,771 shares during the period. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Tractor Supply

In other Tractor Supply news, SVP Noni L. Ellison sold 5,200 shares of Tractor Supply stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $63.96, for a total transaction of $332,592.00. Following the completion of the sale, the senior vice president directly owned 28,639 shares in the company, valued at $1,831,750.44. The trade was a 15.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 completion of the transaction, the director directly owned 31,123 shares in the company, valued at $1,820,695.50. The trade was a 3.61% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 103,045 shares of company stock valued at $6,547,257. Company insiders own 0.65% of the company's stock.

Tractor Supply Trading Down 1.2%

Shares of TSCO stock opened at $55.16 on Friday. The company has a market capitalization of $29.23 billion, a PE ratio of 27.07, a price-to-earnings-growth ratio of 2.86 and a beta of 0.73. Tractor Supply Company has a 52-week low of $46.85 and a 52-week high of $63.99. The business's fifty day moving average is $58.72 and its 200 day moving average is $54.95. 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 (NASDAQ:TSCO - Get Free Report) last announced its 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 period in the prior year, the company earned $3.93 EPS. The company'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, equities research analysts anticipate that Tractor Supply Company will post 2.17 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, August 25th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Monday, August 25th. Tractor Supply's dividend payout ratio is 45.10%.

Analyst Ratings Changes

A number of brokerages recently issued reports on TSCO. 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 note on Thursday, July 24th. Wall Street Zen raised shares of Tractor Supply from a "sell" rating to a "hold" rating in a research report on Saturday, July 26th. Weiss Ratings reiterated a "buy (b)" rating on shares of Tractor Supply in a research note on Wednesday, October 8th. Piper Sandler boosted their target price on shares of Tractor Supply from $66.00 to $67.00 and gave the company an "overweight" rating in a report on Friday, July 25th. Finally, Loop Capital raised their price target on Tractor Supply from $48.00 to $60.00 and gave the stock a "hold" rating in a report on Friday, July 25th. Fifteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $62.45.

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.

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