5,181 Shares in Tractor Supply Company $TSCO Bought by Plancorp LLC

Key Points

• Plancorp LLC has acquired a new stake in Tractor Supply Company, purchasing 5,181 shares worth approximately $285,000 in the first quarter.
• A significant boost in share holdings was noted from several hedge funds, with Jacobs Levy Equity Management Inc. increasing its position by 41.6%, now owning over 4 million shares valued at nearly $230 million.
• Tractor Supply announced a quarterly dividend of $0.23 per share, with a 1.5% dividend yield, set to be paid on September 9th, and insiders have sold a total of 204,680 shares in the last quarter.

Plancorp LLC bought a new position in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 5,181 shares of the specialty retailer's stock, valued at approximately $285,000.

Several other hedge funds have also recently modified their holdings of TSCO. Schonfeld Strategic Advisors LLC lifted its position in shares of Tractor Supply by 40.3% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 10,810 shares of the specialty retailer's stock worth $574,000 after buying an additional 3,106 shares in the last quarter. Bison Wealth LLC lifted its position in shares of Tractor Supply by 356.1% during the 4th quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer's stock worth $341,000 after buying an additional 5,017 shares in the last quarter. Cary Street Partners Financial LLC bought a new position in shares of Tractor Supply during the 4th quarter worth approximately $178,000. Cetera Investment Advisers lifted its position in shares of Tractor Supply by 417.5% during the 4th quarter. Cetera Investment Advisers now owns 157,914 shares of the specialty retailer's stock worth $8,379,000 after buying an additional 127,400 shares in the last quarter. Finally, Crestline Management LP purchased a new stake in shares of Tractor Supply during the 4th quarter worth approximately $764,000. Institutional investors own 98.72% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Truist Financial raised their price target on shares of Tractor Supply from $60.00 to $66.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Piper Sandler raised their price target 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. The Goldman Sachs Group restated a "buy" rating on shares of Tractor Supply in a research note 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 price target for the company in a research note on Thursday, July 24th. Finally, DA Davidson raised their price target on shares of Tractor Supply from $65.00 to $70.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Thirteen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Tractor Supply currently has a consensus rating of "Moderate Buy" and a consensus price target of $61.80.

Tractor Supply Stock Performance

Tractor Supply stock traded up $0.26 during mid-day trading on Friday, reaching $60.28. The company's stock had a trading volume of 1,612,197 shares, compared to its average volume of 5,416,214. Tractor Supply Company has a 12-month low of $46.85 and a 12-month high of $63.99. The company has a market capitalization of $31.95 billion, a P/E ratio of 29.59, a PEG ratio of 3.00 and a beta of 0.76. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.16 and a current ratio of 1.28. The firm's fifty day moving average price is $59.28 and its two-hundred day moving average price is $54.49.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last released its quarterly earnings data 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. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The business had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.40 billion. During the same period in the previous year, the business earned $3.93 EPS. Tractor Supply'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. Sell-side analysts predict that Tractor Supply Company will post 2.17 EPS for the current fiscal year.

Tractor Supply Announces Dividend

The company also recently declared 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. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Monday, August 25th. Tractor Supply's payout ratio is 45.10%.

Insider Activity

In other news, SVP Noni L. Ellison sold 5,200 shares of the business's stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $63.96, for a total transaction of $332,592.00. Following the completion of the transaction, the senior vice president directly owned 28,639 shares in the company, valued at $1,831,750.44. The trade was a 15.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Denise L. Jackson sold 4,630 shares of the business's stock in a transaction on 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 of the company's stock, valued at $1,973,657.84. This trade represents a 11.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 204,680 shares of company stock worth $12,071,552. Company insiders own 0.65% of the company's stock.

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.