Janney Montgomery Scott LLC Cuts Holdings in Tractor Supply Company $TSCO

Janney Montgomery Scott LLC decreased its position in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 6.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 156,804 shares of the specialty retailer's stock after selling 10,306 shares during the period. Janney Montgomery Scott LLC's holdings in Tractor Supply were worth $8,275,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. APG Asset Management N.V. increased its holdings in Tractor Supply by 33.3% in 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 in the last quarter. Ameriprise Financial Inc. increased its holdings in Tractor Supply by 19.4% in 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 in the last quarter. Bahl & Gaynor Inc. increased its holdings in Tractor Supply by 31.0% in 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 in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Tractor Supply by 7.9% in 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 in the last quarter. Finally, Sowell Financial Services LLC increased its holdings in Tractor Supply by 49.3% in the first quarter. Sowell Financial Services LLC now owns 20,029 shares of the specialty retailer's stock valued at $1,104,000 after buying an additional 6,612 shares in the last quarter. Hedge funds and other institutional investors own 98.72% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on TSCO. Wolfe Research began coverage on shares of Tractor Supply in a research note on Thursday, September 18th. They set an "outperform" rating and a $70.00 target price for the company. The Goldman Sachs Group reissued a "buy" rating on shares of Tractor Supply in a research note on Friday, July 25th. Loop Capital boosted their target price on shares of Tractor Supply from $48.00 to $60.00 and gave the stock a "hold" rating in a research note on Friday, July 25th. Weiss Ratings reissued a "buy (b)" rating on shares of Tractor Supply in a research note on Saturday, September 27th. Finally, Wall Street Zen raised shares of Tractor Supply from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th. Fourteen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $62.15.

Insider Transactions at Tractor Supply

In related news, EVP Colin Yankee sold 6,680 shares of Tractor Supply stock in a transaction on Monday, July 28th. The stock was sold at an average price of $58.40, for a total value of $390,112.00. Following the completion of the transaction, the executive vice president directly owned 40,142 shares in the company, valued at approximately $2,344,292.80. This trade represents a 14.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Kurt D. Barton sold 90,000 shares of Tractor Supply stock in a transaction 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 transaction, the chief financial officer owned 47,715 shares of the company's stock, valued at approximately $3,051,851.40. This trade represents a 65.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 106,045 shares of company stock valued at $6,719,757. Corporate insiders own 0.65% of the company's stock.

Tractor Supply Trading Down 0.7%

Shares of NASDAQ TSCO opened at $55.83 on Monday. Tractor Supply Company has a twelve month low of $46.85 and a twelve month high of $63.99. The company has a current ratio of 1.28, a quick ratio of 0.16 and a debt-to-equity ratio of 0.68. The stock has a fifty day simple moving average of $59.45 and a 200-day simple moving average of $54.91. The stock has a market capitalization of $29.59 billion, a PE ratio of 27.39, a PEG ratio of 2.86 and a beta of 0.73.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share for the quarter, beating 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 during the quarter, compared to analysts' expectations of $4.40 billion. During the same period in the previous year, the firm posted $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. On average, equities 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 disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were paid a $0.23 dividend. The ex-dividend date of this dividend was Monday, August 25th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.6%. Tractor Supply's payout ratio is presently 45.10%.

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.

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