Kingstone Capital Partners Texas LLC Makes New Investment in Tractor Supply Company $TSCO

Key Points

• Kingstone Capital Partners Texas LLC has invested approximately $4.7 million in Tractor Supply Company by acquiring 88,411 shares during the second quarter, reflecting a growing interest from institutional investors.
• Insider selling activity has been notable, with director Denise L. Jackson and SVP Noni L. Ellison selling shares, alongside a total of 204,680 shares sold by insiders over the last three months.
• Analysts are generally bullish on Tractor Supply, with several raising their price targets to between $61.00 and $70.00, indicating a positive outlook for the company.

Kingstone Capital Partners Texas LLC bought a new position in Tractor Supply Company (NASDAQ:TSCO - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 88,411 shares of the specialty retailer's stock, valued at approximately $4,665,000.

Other institutional investors have also bought and sold shares of the company. GW&K Investment Management LLC lifted its stake 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 worth $26,000 after purchasing an additional 226 shares in the last quarter. Financial Gravity Asset Management Inc. purchased a new position in Tractor Supply in the 1st quarter worth approximately $39,000. Zions Bancorporation National Association UT purchased a new position in Tractor Supply in the 1st quarter worth approximately $41,000. Smallwood Wealth Investment Management LLC purchased a new position in Tractor Supply in the 1st quarter worth approximately $41,000. Finally, Golden State Wealth Management LLC raised its position in shares of Tractor Supply by 502.7% during the 1st quarter. Golden State Wealth Management LLC now owns 904 shares of the specialty retailer's stock valued at $50,000 after buying an additional 754 shares during the period. 98.72% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Tractor Supply

In other news, Director Denise L. Jackson sold 1,165 shares of the stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $58.50, for a total transaction of $68,152.50. Following the completion of the sale, the director owned 31,123 shares in the company, valued at approximately $1,820,695.50. This represents a 3.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Noni L. Ellison sold 5,200 shares of the stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $63.96, for a total transaction of $332,592.00. Following the sale, the senior vice president owned 28,639 shares of the company's stock, valued at $1,831,750.44. This trade represents a 15.37% 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. 0.65% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Robert W. Baird lifted their price target on shares of Tractor Supply from $56.00 to $61.00 and gave the company an "outperform" rating in a research report on Monday, July 21st. Telsey Advisory Group set a $70.00 target price on shares of Tractor Supply in a report on Friday, July 25th. Bank of America upgraded shares of Tractor Supply from an "underperform" rating to a "buy" rating and set a $70.00 target price for the company in a report on Thursday, July 24th. UBS Group lifted their target price on shares of Tractor Supply from $54.00 to $61.00 and gave the company a "neutral" rating in a report on Friday, July 25th. Finally, The Goldman Sachs Group reiterated a "buy" rating on shares of Tractor Supply in a report on Friday, July 25th. Fourteen equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $62.19.

Tractor Supply Stock Down 0.4%

TSCO opened at $59.66 on Friday. The business's 50-day simple moving average is $59.64 and its 200-day simple moving average is $54.67. 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 one year low of $46.85 and a one year high of $63.99. The stock has a market capitalization of $31.62 billion, a P/E ratio of 29.27, a price-to-earnings-growth ratio of 3.06 and a beta of 0.76.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last posted its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 EPS 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 analysts' expectations of $4.40 billion. During the same quarter in the previous year, the firm earned $3.93 earnings per share. The business's 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. Analysts anticipate that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were given a dividend of $0.23 per share. The ex-dividend date was 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 45.10%.

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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