Ilmarinen Mutual Pension Insurance Co Boosts Holdings in Tractor Supply Company $TSCO

Key Points

• Ilmarinen Mutual Pension Insurance Co increased its stake in Tractor Supply Company by 31.1% in Q1, acquiring a total of 147,525 shares worth approximately $8.13 million.
• Tractor Supply reported a quarterly earnings per share (EPS) of $0.81, surpassing analysts' expectations, with revenues of $4.44 billion, up 4.5% from the previous year.
• The company recently announced a quarterly dividend of $0.23, translating to an annualized dividend of $0.92 and a yield of 1.6%, with a payout ratio of 45.10%.

Ilmarinen Mutual Pension Insurance Co boosted its position in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 31.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 147,525 shares of the specialty retailer's stock after buying an additional 35,000 shares during the period. Ilmarinen Mutual Pension Insurance Co's holdings in Tractor Supply were worth $8,129,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. GW&K Investment Management LLC grew its position in Tractor Supply by 89.3% in the 1st quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer's stock valued at $26,000 after buying an additional 226 shares during the last quarter. Pacific Center for Financial Services boosted its position in shares of Tractor Supply by 400.0% during the 4th quarter. Pacific Center for Financial Services now owns 550 shares of the specialty retailer's stock worth $29,000 after purchasing an additional 440 shares in the last quarter. LRI Investments LLC boosted its position in shares of Tractor Supply by 400.0% during the 4th quarter. LRI Investments LLC now owns 615 shares of the specialty retailer's stock worth $33,000 after purchasing an additional 492 shares in the last quarter. Financial Gravity Asset Management Inc. purchased a new position in Tractor Supply in the first quarter valued at about $39,000. Finally, Smallwood Wealth Investment Management LLC purchased a new position in Tractor Supply in the first quarter valued at about $41,000. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Tractor Supply Trading Down 1.7%

NASDAQ TSCO opened at $59.08 on Wednesday. Tractor Supply Company has a 12 month low of $46.85 and a 12 month high of $63.99. The company has a 50-day moving average of $59.11 and a 200-day moving average of $54.44. 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 company has a market cap of $31.31 billion, a P/E ratio of 28.99, a P/E/G ratio of 3.09 and a beta of 0.76.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.80 by $0.01. The company 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 quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.93 EPS. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, equities analysts predict that Tractor Supply Company will post 2.17 earnings per share for the current year.

Tractor Supply Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, August 25th. Tractor Supply's dividend payout ratio (DPR) is currently 45.10%.

Insiders Place Their Bets

In other Tractor Supply news, CFO Kurt D. Barton sold 90,000 shares of the stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $63.96, for a total value of $5,756,400.00. Following the completion of the sale, the chief financial officer owned 47,715 shares of the company's stock, valued at $3,051,851.40. This trade represents a 65.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Colin Yankee sold 6,680 shares of the 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 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 90 days, insiders have sold 204,680 shares of company stock worth $12,071,552. 0.65% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on TSCO. Evercore ISI increased their target price on shares of Tractor Supply from $60.00 to $65.00 and gave the company an "in-line" rating in a report on Friday, July 25th. Loop Capital boosted their price objective on shares of Tractor Supply from $48.00 to $60.00 and gave the stock a "hold" rating in a research report on Friday, July 25th. Robert W. Baird boosted their price objective on shares of Tractor Supply from $56.00 to $61.00 and gave the stock an "outperform" rating in a research report on Monday, July 21st. Wells Fargo & Company boosted their price objective on shares of Tractor Supply from $63.00 to $65.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Finally, Piper Sandler boosted their price objective on shares of Tractor Supply from $66.00 to $67.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Thirteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus 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.

Want to see what other hedge funds are holding TSCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tractor Supply Company (NASDAQ:TSCO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.