OMERS ADMINISTRATION Corp Has $2.80 Million Stock Position in Tractor Supply Company $TSCO

Key Points

• OMERS ADMINISTRATION Corp increased its stock position in Tractor Supply Company (NASDAQ:TSCO) by 125.0% in the first quarter, owning a total of 50,858 shares valued at approximately $2.8 million.
• Multiple institutional investors have significantly raised their stakes in Tractor Supply, with Select Equity Group L.P. increasing theirs by 405.6% and UBS AM by 476.8% during the last quarter.
• The company recently announced a quarterly dividend of $0.23, resulting in an annualized payout of $0.92 and a dividend yield of 1.5%.

OMERS ADMINISTRATION Corp lifted its position in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 125.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,858 shares of the specialty retailer's stock after buying an additional 28,253 shares during the quarter. OMERS ADMINISTRATION Corp's holdings in Tractor Supply were worth $2,802,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TSCO. Vanguard Group Inc. lifted its holdings in Tractor Supply by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 66,631,422 shares of the specialty retailer's stock valued at $3,671,391,000 after purchasing an additional 2,597,450 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of Tractor Supply by 16.0% during the 1st quarter. Wellington Management Group LLP now owns 27,604,769 shares of the specialty retailer's stock worth $1,521,023,000 after buying an additional 3,815,520 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Tractor Supply by 14.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,927,641 shares of the specialty retailer's stock worth $657,214,000 after buying an additional 1,510,489 shares during the last quarter. Select Equity Group L.P. boosted its holdings in shares of Tractor Supply by 405.6% during the 4th quarter. Select Equity Group L.P. now owns 7,669,224 shares of the specialty retailer's stock worth $406,929,000 after buying an additional 6,152,333 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Tractor Supply by 476.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,910,178 shares of the specialty retailer's stock valued at $260,534,000 after buying an additional 4,058,875 shares during the last quarter. 98.72% of the stock is owned by institutional investors.

Insider Activity at Tractor Supply

In other news, Director Denise L. Jackson sold 4,630 shares of the company's stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $55.93, for a total transaction of $258,955.90. Following the transaction, the director owned 35,288 shares in the company, valued at approximately $1,973,657.84. This represents a 11.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Kurt D. Barton sold 90,000 shares of the stock in a transaction that occurred on Thursday, July 24th. The stock was 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 in the company, valued at approximately $3,051,851.40. The trade was a 65.35% decrease in their position. The disclosure for this sale can be found here. Insiders sold 204,680 shares of company stock valued at $12,071,552 over the last ninety days. Insiders own 0.65% of the company's stock.

Tractor Supply Price Performance

Shares of TSCO traded down $1.40 during midday trading on Wednesday, hitting $60.12. The company's stock had a trading volume of 2,928,838 shares, compared to its average volume of 5,470,219. The company has a quick ratio of 0.16, a current ratio of 1.28 and a debt-to-equity ratio of 0.68. 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 $31.86 billion, a price-to-earnings ratio of 29.52, a price-to-earnings-growth ratio of 3.17 and a beta of 0.76. The company's fifty day simple moving average is $58.37 and its two-hundred day simple moving average is $54.34.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last issued its earnings results 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. The firm had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.40 billion. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The company's quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the business posted $3.93 earnings per share. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, equities 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 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 presently 45.10%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TSCO. 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 report on Thursday, July 24th. Piper Sandler boosted their price target on Tractor Supply from $66.00 to $67.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Wells Fargo & Company upped their price objective on Tractor Supply from $63.00 to $65.00 and gave the company an "overweight" rating in a 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. Finally, Loop Capital boosted their target price on shares of Tractor Supply from $48.00 to $60.00 and gave the company a "hold" rating in a research report on Friday, July 25th. Thirteen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $61.80.

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.