Northwestern Mutual Wealth Management Co. Sells 8,322 Shares of Tractor Supply Company $TSCO

Key Points

• Northwestern Mutual Wealth Management Co. reduced its stake in Tractor Supply Company by 9.2%, selling 8,322 shares and now holds 82,624 shares worth $4,553,000.
• Several analysts have issued positive ratings for Tractor Supply, with a consensus rating of "Moderate Buy" and a price target averaging $61.80.
• The company announced a quarterly dividend of $0.23 per share, resulting in a dividend yield of 1.5%, with the ex-dividend date on August 25th.

Northwestern Mutual Wealth Management Co. trimmed its position in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 9.2% in the first quarter, according to its most recent filing with the SEC. The fund owned 82,624 shares of the specialty retailer's stock after selling 8,322 shares during the period. Northwestern Mutual Wealth Management Co.'s holdings in Tractor Supply were worth $4,553,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Groupe la Francaise lifted its holdings in Tractor Supply by 20.1% during the 1st quarter. Groupe la Francaise now owns 88,405 shares of the specialty retailer's stock worth $4,788,000 after buying an additional 14,810 shares during the period. Allstate Corp increased its stake in shares of Tractor Supply by 25.3% in the first quarter. Allstate Corp now owns 20,021 shares of the specialty retailer's stock valued at $1,103,000 after buying an additional 4,046 shares during the period. Kestra Advisory Services LLC raised its position in shares of Tractor Supply by 1.5% during the first quarter. Kestra Advisory Services LLC now owns 163,816 shares of the specialty retailer's stock worth $9,026,000 after acquiring an additional 2,462 shares during the last quarter. Compound Planning Inc. lifted its stake in shares of Tractor Supply by 43.6% in the first quarter. Compound Planning Inc. now owns 5,503 shares of the specialty retailer's stock worth $303,000 after acquiring an additional 1,672 shares during the period. Finally, Ameriprise Financial Inc. boosted 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 acquiring an additional 335,563 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on TSCO shares. The Goldman Sachs Group restated a "buy" rating on shares of Tractor Supply in a report on Friday, July 25th. Telsey Advisory Group set a $70.00 price objective on shares of Tractor Supply in a research report on Friday, July 25th. Wall Street Zen upgraded shares of Tractor Supply from a "sell" rating to a "hold" rating in a report on Saturday, July 26th. Truist Financial boosted their target price on shares of Tractor Supply from $60.00 to $66.00 and gave the company a "buy" rating in a report on Friday, July 25th. Finally, Evercore ISI increased their price target on Tractor Supply from $60.00 to $65.00 and gave the stock an "in-line" rating in a 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. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $61.80.

Tractor Supply Stock Performance

Shares of Tractor Supply stock opened at $62.38 on Thursday. 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 business has a 50-day moving average price of $57.65 and a two-hundred day moving average price of $54.19. Tractor Supply Company has a 1-year low of $46.85 and a 1-year high of $63.99. The company has a market cap of $33.06 billion, a P/E ratio of 30.61, a PEG ratio of 3.17 and a beta of 0.75.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last issued its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 EPS for the quarter, beating the consensus estimate 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 return on equity of 46.83% and a net margin of 7.18%.The firm's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period last year, the business posted $3.93 EPS. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, analysts anticipate that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th will be paid a $0.23 dividend. The ex-dividend date is Monday, August 25th. This represents a $0.92 annualized dividend and a dividend yield of 1.5%. Tractor Supply's dividend payout ratio (DPR) is currently 45.10%.

Insider Buying and Selling

In other news, SVP Noni L. Ellison sold 5,200 shares of the firm'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 directly owned 28,639 shares in the company, valued at $1,831,750.44. This trade represents a 15.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Kurt D. Barton sold 90,000 shares of the firm's stock in a transaction dated 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 approximately $3,051,851.40. This represents a 65.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 204,680 shares of company stock worth $12,071,552 over the last 90 days. 0.65% of the stock is owned by company insiders.

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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