NewEdge Advisors LLC Has $45.61 Million Holdings in Tractor Supply Company $TSCO

Key Points

• NewEdge Advisors LLC increased its holdings in Tractor Supply Company by 2.4%, acquiring an additional 19,763 shares to reach a total of 827,694 shares valued at $45.6 million.
• Insider sales included EVP Colin Yankee selling 6,680 shares and EVP Jonathan S. Estep selling 35,825 shares, reflecting notable decreases in their stock positions.
• Analysts have set a target price range for Tractor Supply shares between $60.00 and $70.00, with an average rating of "Moderate Buy."

NewEdge Advisors LLC raised its holdings in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) by 2.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 827,694 shares of the specialty retailer's stock after buying an additional 19,763 shares during the period. NewEdge Advisors LLC owned about 0.16% of Tractor Supply worth $45,606,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. GW&K Investment Management LLC boosted its holdings in Tractor Supply by 89.3% during the first quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer's stock worth $26,000 after buying an additional 226 shares in the last quarter. Dunhill Financial LLC boosted its holdings in Tractor Supply by 325.8% during the fourth quarter. Dunhill Financial LLC now owns 511 shares of the specialty retailer's stock worth $27,000 after buying an additional 391 shares in the last quarter. Pacific Center for Financial Services boosted its holdings in Tractor Supply by 400.0% during the fourth quarter. Pacific Center for Financial Services now owns 550 shares of the specialty retailer's stock worth $29,000 after buying an additional 440 shares in the last quarter. LRI Investments LLC boosted its holdings in Tractor Supply by 400.0% during the fourth quarter. LRI Investments LLC now owns 615 shares of the specialty retailer's stock worth $33,000 after buying an additional 492 shares in the last quarter. Finally, Financial Gravity Asset Management Inc. bought a new stake in Tractor Supply during the first quarter worth approximately $39,000. 98.72% of the stock is currently owned by institutional investors.

Tractor Supply Stock Down 0.2%

TSCO stock traded down $0.12 during midday trading on Friday, reaching $60.52. The company had a trading volume of 3,211,804 shares, compared to its average volume of 3,968,003. Tractor Supply Company has a 1 year low of $46.85 and a 1 year 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 company has a market capitalization of $32.07 billion, a P/E ratio of 29.70, a PEG ratio of 3.11 and a beta of 0.76. The company has a 50 day moving average of $58.87 and a two-hundred day moving average of $54.38.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last released its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.01. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The company had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.40 billion. During the same quarter in the prior year, the firm earned $3.93 EPS. The company'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. On average, equities research analysts expect that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

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

Insider Buying and Selling

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 in the company, valued at $3,051,851.40. This represents a 65.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Colin Yankee sold 6,680 shares of Tractor Supply stock in a transaction 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 approximately $2,344,292.80. The trade was a 14.27% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 204,680 shares of company stock worth $12,071,552. Insiders own 0.65% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Wall Street Zen raised shares of Tractor Supply from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th. JPMorgan Chase & Co. raised their price objective on shares of Tractor Supply from $56.00 to $65.00 and gave the stock a "neutral" rating in a research note on Monday, July 21st. Wells Fargo & Company raised their price objective on shares of Tractor Supply from $63.00 to $65.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. UBS Group raised their price objective on shares of Tractor Supply from $54.00 to $61.00 and gave the stock a "neutral" rating in a research note on Friday, July 25th. Finally, Piper Sandler raised their price objective on shares of Tractor Supply from $66.00 to $67.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Thirteen equities 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.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $61.80.

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.