Prime Capital Investment Advisors LLC Sells 11,832 Shares of Tractor Supply Company $TSCO

Prime Capital Investment Advisors LLC lowered its holdings in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) by 13.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 76,850 shares of the specialty retailer's stock after selling 11,832 shares during the period. Prime Capital Investment Advisors LLC's holdings in Tractor Supply were worth $4,055,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of TSCO. Bison Wealth LLC raised its stake in shares of Tractor Supply by 356.1% during the fourth quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer's stock valued at $341,000 after acquiring an additional 5,017 shares during the last quarter. NBC Securities Inc. raised its stake in shares of Tractor Supply by 180,400.0% during the first quarter. NBC Securities Inc. now owns 1,805 shares of the specialty retailer's stock valued at $99,000 after acquiring an additional 1,804 shares during the last quarter. Wedmont Private Capital raised its stake in shares of Tractor Supply by 2.5% during the first quarter. Wedmont Private Capital now owns 8,714 shares of the specialty retailer's stock valued at $450,000 after acquiring an additional 212 shares during the last quarter. Park Avenue Securities LLC raised its stake in shares of Tractor Supply by 13.7% during the first quarter. Park Avenue Securities LLC now owns 8,690 shares of the specialty retailer's stock valued at $479,000 after acquiring an additional 1,047 shares during the last quarter. Finally, Portside Wealth Group LLC raised its stake in shares of Tractor Supply by 5.3% during the first quarter. Portside Wealth Group LLC now owns 10,605 shares of the specialty retailer's stock valued at $584,000 after acquiring an additional 536 shares during the last quarter. Institutional investors own 98.72% of the company's stock.

Insider Buying and Selling at Tractor Supply

In other news, Director Denise L. Jackson sold 2,000 shares of Tractor Supply stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of $57.75, for a total transaction of $115,500.00. Following the completion of the transaction, the director directly owned 32,288 shares in the company, valued at $1,864,632. This trade represents a 5.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Noni L. Ellison sold 5,200 shares of Tractor Supply stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $63.96, for a total transaction of $332,592.00. Following the transaction, the senior vice president owned 28,639 shares of the company's stock, valued at $1,831,750.44. This represents a 15.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 105,045 shares of company stock valued at $6,662,757 over the last three months. Corporate insiders own 0.65% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. UBS Group lifted their target price 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. Wall Street Zen raised shares of Tractor Supply from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th. Raymond James Financial reissued an "outperform" rating and set a $65.00 target price (up previously from $57.00) on shares of Tractor Supply in a research note on Friday, July 25th. Truist Financial lifted their target price 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. Finally, Loop Capital lifted their target price on shares of Tractor Supply from $48.00 to $60.00 and gave the stock a "hold" rating in a research note on Friday, July 25th. Fourteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $61.90.

Tractor Supply Trading Down 1.8%

TSCO opened at $53.71 on Wednesday. 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 cap of $28.46 billion, a P/E ratio of 26.35, a price-to-earnings-growth ratio of 2.80 and a beta of 0.73. The company has a fifty day moving average price of $59.28 and a two-hundred day moving average price of $54.91.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.01. The firm had revenue of $4.44 billion during the quarter, compared to analysts' expectations of $4.40 billion. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The business's revenue was up 4.5% on a year-over-year basis. During the same period last year, the company earned $3.93 earnings per share. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. Analysts predict that Tractor Supply Company will post 2.17 EPS for the current fiscal year.

Tractor Supply Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Monday, August 25th. Tractor Supply's dividend payout ratio (DPR) is currently 45.10%.

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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