Rafferty Asset Management LLC Lowers Stock Position in Tractor Supply Company $TSCO

Key Points

• Rafferty Asset Management LLC reduced its stock position in Tractor Supply Company (TSCO) by 21.6%, now holding 44,628 shares valued at approximately $2.46 million.
• Multiple institutional investors increased their stakes in TSCO during Q4, with The Manufacturers Life Insurance Company and AQR Capital Management LLC boosting positions by over 300%.
• Tractor Supply recently reported earnings of $0.81 per share, exceeding expectations, and declared a quarterly dividend of $0.23, indicating a strong financial performance.

Rafferty Asset Management LLC lessened its holdings in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 21.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,628 shares of the specialty retailer's stock after selling 12,304 shares during the quarter. Rafferty Asset Management LLC's holdings in Tractor Supply were worth $2,459,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in TSCO. The Manufacturers Life Insurance Company boosted its stake in shares of Tractor Supply by 336.5% during the 4th quarter. The Manufacturers Life Insurance Company now owns 400,962 shares of the specialty retailer's stock worth $21,275,000 after acquiring an additional 309,109 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Tractor Supply by 421.0% during the 4th quarter. AQR Capital Management LLC now owns 140,974 shares of the specialty retailer's stock worth $7,480,000 after acquiring an additional 113,914 shares in the last quarter. Schonfeld Strategic Advisors LLC boosted its stake 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 acquiring an additional 3,106 shares in the last quarter. Comerica Bank boosted its stake in shares of Tractor Supply by 471.3% during the 4th quarter. Comerica Bank now owns 170,295 shares of the specialty retailer's stock worth $9,036,000 after acquiring an additional 140,486 shares in the last quarter. Finally, Bison Wealth LLC boosted its stake 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 acquiring an additional 5,017 shares in the last quarter. Hedge funds and other institutional investors own 98.72% of the company's stock.

Wall Street Analyst Weigh In

TSCO has been the topic of several research analyst reports. Wells Fargo & Company boosted their price target on Tractor Supply from $63.00 to $65.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Piper Sandler boosted their price target on Tractor Supply from $66.00 to $67.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Telsey Advisory Group set a $70.00 price target on Tractor Supply in a research note on Friday, July 25th. UBS Group upped 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. Finally, Raymond James Financial reaffirmed an "outperform" rating and issued a $65.00 target price (up previously from $57.00) on shares of Tractor Supply in a research note on Friday, July 25th. Thirteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $61.80.

Tractor Supply Trading Down 1.4%

Shares of TSCO opened at $61.76 on Friday. The stock has a fifty day moving average of $58.05 and a two-hundred day moving average of $54.28. 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 company has a market capitalization of $32.73 billion, a PE ratio of 30.30, a price-to-earnings-growth ratio of 3.17 and a beta of 0.75. Tractor Supply Company has a fifty-two week low of $46.85 and a fifty-two week high of $63.99.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share 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%.Tractor Supply's revenue was up 4.5% on a year-over-year basis. During the same period in the previous year, the firm posted $3.93 EPS. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, analysts forecast that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 9th. Shareholders of record on Monday, August 25th will be issued a $0.23 dividend. The ex-dividend date is Monday, August 25th. This represents a $0.92 annualized dividend and a yield of 1.5%. Tractor Supply's payout ratio is 45.10%.

Insider Buying and Selling

In other Tractor Supply news, EVP Colin Yankee sold 6,680 shares of the business's stock in a transaction on Monday, July 28th. The stock was sold at an average price of $58.40, for a total value of $390,112.00. Following the completion of the transaction, the executive vice president directly owned 40,142 shares in the company, valued at approximately $2,344,292.80. The trade was a 14.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Jonathan S. Estep sold 56,630 shares of the business's stock in a transaction on Monday, June 23rd. The shares were sold at an average price of $53.00, for a total value of $3,001,390.00. Following the completion of the transaction, the executive vice president owned 74,605 shares of the company's stock, valued at $3,954,065. This trade represents a 43.15% 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 in the last three months. 0.65% of the stock is currently owned by insiders.

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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