MBB Public Markets I LLC Purchases New Position in Tractor Supply Company $TSCO

Key Points

• MBB Public Markets I LLC acquired a new stake in Tractor Supply Company by purchasing 5,965 shares valued at approximately $329,000 in the 1st quarter.
• Multiple institutional investors have significantly increased their holdings in Tractor Supply, with notable increases from Bison Wealth LLC (356.1%) and Cetera Investment Advisers (417.5%) in the 4th quarter.
• Bank of America upgraded Tractor Supply from "underperform" to "buy," setting a target price of $70.00, contributing to a consensus rating of "Moderate Buy" among analysts.

MBB Public Markets I LLC purchased a new stake in Tractor Supply Company (NASDAQ:TSCO - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,965 shares of the specialty retailer's stock, valued at approximately $329,000.

Several other institutional investors have also bought and sold shares of the stock. Bison Wealth LLC raised its position in Tractor Supply by 356.1% in the 4th quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer's stock valued at $341,000 after purchasing an additional 5,017 shares during the last quarter. Cary Street Partners Financial LLC bought a new position in Tractor Supply in the 4th quarter valued at $178,000. Cetera Investment Advisers raised its position in Tractor Supply by 417.5% in the 4th quarter. Cetera Investment Advisers now owns 157,914 shares of the specialty retailer's stock valued at $8,379,000 after purchasing an additional 127,400 shares during the last quarter. Cresset Asset Management LLC raised its position in Tractor Supply by 61.8% in the 4th quarter. Cresset Asset Management LLC now owns 14,996 shares of the specialty retailer's stock valued at $796,000 after purchasing an additional 5,725 shares during the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in Tractor Supply by 400.0% in the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 19,845 shares of the specialty retailer's stock valued at $1,053,000 after purchasing an additional 15,876 shares during the last quarter. Institutional investors and hedge funds own 98.72% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on TSCO shares. Bank of America upgraded Tractor Supply from an "underperform" rating to a "buy" rating and set a $70.00 price objective for the company in a research report on Thursday, July 24th. The Goldman Sachs Group reiterated a "buy" rating on shares of Tractor Supply in a research report on Friday, July 25th. Telsey Advisory Group set a $70.00 price objective on Tractor Supply in a research report on Friday, July 25th. Truist Financial boosted their target price on Tractor Supply from $60.00 to $66.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Finally, Wall Street Zen upgraded Tractor Supply from a "sell" rating to a "hold" rating in a research report on Saturday, July 26th. Thirteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat, Tractor Supply presently has a consensus rating of "Moderate Buy" and a consensus target price of $61.80.

Tractor Supply Trading Down 0.7%

TSCO stock opened at $60.09 on Tuesday. The company has a market cap of $31.84 billion, a P/E ratio of 29.48, a PEG ratio of 3.11 and a beta of 0.76. Tractor Supply Company has a twelve month low of $46.85 and a twelve month high of $63.99. The company has a quick ratio of 0.16, a current ratio of 1.28 and a debt-to-equity ratio of 0.68. The business has a fifty day moving average of $59.01 and a 200-day moving average of $54.40.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last released 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 business had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.40 billion. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%.The firm's revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.93 earnings per share. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, equities research analysts expect that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Dividend Announcement

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

Insiders Place Their Bets

In related news, SVP Noni L. Ellison sold 5,200 shares of the company's stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $63.96, for a total value of $332,592.00. Following the completion of the sale, the senior vice president owned 28,639 shares in the company, valued at approximately $1,831,750.44. This represents a 15.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Jonathan S. Estep sold 35,825 shares of the company's stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $56.00, for a total value 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. This represents a 32.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 204,680 shares of company stock valued at $12,071,552 in the last ninety days. 0.65% of the stock is currently owned by insiders.

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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