Promethium Advisors LLC Has $1.76 Million Stake in Tractor Supply Company $TSCO

Key Points

• Promethium Advisors LLC increased its holding in Tractor Supply Company by 30.9%, acquiring an additional 7,510 shares during the first quarter, bringing its total shares to 31,845 with a value of about $1,755,000.
• Tractor Supply reported $4.44 billion in revenue for the latest quarter, exceeding analyst expectations, and announced a quarterly dividend of $0.23 to be paid on September 9th.
• Multiple analysts have upgraded their price targets for Tractor Supply, with recent estimates now ranging up to $65.00, reflecting strong earnings and favorable market positioning.

Promethium Advisors LLC increased its position in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) by 30.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,845 shares of the specialty retailer's stock after acquiring an additional 7,510 shares during the quarter. Promethium Advisors LLC's holdings in Tractor Supply were worth $1,755,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Tractor Supply by 4.1% during the first quarter. Vanguard Group Inc. now owns 66,631,422 shares of the specialty retailer's stock valued at $3,671,391,000 after acquiring an additional 2,597,450 shares during the period. Wellington Management Group LLP lifted its stake in shares of Tractor Supply by 16.0% during the first quarter. Wellington Management Group LLP now owns 27,604,769 shares of the specialty retailer's stock valued at $1,521,023,000 after acquiring an additional 3,815,520 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in shares of Tractor Supply by 14.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 11,927,641 shares of the specialty retailer's stock valued at $657,214,000 after acquiring an additional 1,510,489 shares during the period. Select Equity Group L.P. lifted its stake in shares of Tractor Supply by 405.6% during the fourth quarter. Select Equity Group L.P. now owns 7,669,224 shares of the specialty retailer's stock valued at $406,929,000 after acquiring an additional 6,152,333 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Tractor Supply by 476.8% during the fourth 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 acquiring an additional 4,058,875 shares during the period. Institutional investors and hedge funds own 98.72% of the company's stock.

Insiders Place Their Bets

In related news, EVP Jonathan S. Estep sold 35,825 shares of Tractor Supply stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $56.00, for a total value of $2,006,200.00. Following the sale, the executive vice president owned 74,605 shares of the company's stock, valued at approximately $4,177,880. This trade represents a 32.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Noni L. Ellison sold 5,200 shares of the stock in a transaction on Thursday, July 24th. The stock was 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. The trade was a 15.37% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 204,680 shares of company stock worth $12,071,552 in the last 90 days. Company insiders own 0.65% of the company's stock.

Analyst Upgrades and Downgrades

TSCO has been the topic of several research reports. Raymond James Financial reaffirmed an "outperform" rating and set a $65.00 price target (up previously from $57.00) on shares of Tractor Supply in a research note on Friday, July 25th. Bank of America raised Tractor Supply from an "underperform" rating to a "buy" rating and set a $70.00 price target on the stock in a research note on Thursday, July 24th. Telsey Advisory Group set a $70.00 target price on Tractor Supply in a research note on Friday, July 25th. Piper Sandler increased their target price on Tractor Supply from $66.00 to $67.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Finally, UBS Group increased their target price on Tractor Supply from $54.00 to $61.00 and gave the company a "neutral" 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 company's stock. Based on data from MarketBeat, Tractor Supply presently has a consensus rating of "Moderate Buy" and an average price target of $61.80.

Tractor Supply Stock Up 0.8%

Shares of NASDAQ TSCO traded up $0.50 during mid-day trading on Thursday, reaching $60.64. 4,677,108 shares of the company's stock were exchanged, compared to its average volume of 3,885,500. The firm has a market capitalization of $32.14 billion, a price-to-earnings ratio of 29.75, a PEG ratio of 3.09 and a beta of 0.76. 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 fifty day simple moving average of $58.69 and a 200 day simple moving average of $54.41. Tractor Supply Company has a twelve month low of $46.85 and a twelve month high of $63.99.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The specialty retailer reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.80 by $0.01. The company had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.40 billion. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%.Tractor Supply's revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the firm 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 EPS for the current fiscal year.

Tractor Supply Announces Dividend

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

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.