RFG Advisory LLC Sells 5,830 Shares of Tractor Supply Company $TSCO

Key Points

• RFG Advisory LLC has reduced its stake in Tractor Supply Company by 49.0%, selling 5,830 shares during the second quarter and holding 6,074 shares worth approximately $321,000.
• Tractor Supply Company's most recent earnings report showed a $0.81 earnings per share, surpassing estimates and marking a 4.5% increase in revenue year-over-year, totaling $4.44 billion.
• The company declared a quarterly dividend of $0.23 per share, resulting in an annualized dividend yield of 1.7%, with a payout ratio of 45.10%.

RFG Advisory LLC cut its position in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) by 49.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,074 shares of the specialty retailer's stock after selling 5,830 shares during the period. RFG Advisory LLC's holdings in Tractor Supply were worth $321,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Tractor Supply by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 66,631,422 shares of the specialty retailer's stock worth $3,671,391,000 after acquiring an additional 2,597,450 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Tractor Supply by 16.0% in 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 acquiring an additional 3,815,520 shares in the last quarter. Alliancebernstein L.P. raised its position in shares of Tractor Supply by 10.8% in the 1st quarter. Alliancebernstein L.P. now owns 24,664,907 shares of the specialty retailer's stock worth $1,359,036,000 after acquiring an additional 2,408,373 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Tractor Supply by 14.5% in 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 acquiring an additional 1,510,489 shares in the last quarter. Finally, Select Equity Group L.P. raised its position in shares of Tractor Supply by 16.8% in the 1st quarter. Select Equity Group L.P. now owns 8,959,995 shares of the specialty retailer's stock worth $493,696,000 after acquiring an additional 1,290,771 shares in the last quarter. 98.72% of the stock is owned by institutional investors.

Tractor Supply Stock Up 0.1%

Shares of TSCO stock opened at $55.20 on Monday. Tractor Supply Company has a 1-year low of $46.85 and a 1-year high of $63.99. The stock's fifty day moving average price is $58.63 and its 200 day moving average price is $54.94. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.28 and a quick ratio of 0.16. The company has a market cap of $29.25 billion, a price-to-earnings ratio of 27.09, a price-to-earnings-growth ratio of 2.83 and a beta of 0.73.

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

Tractor Supply Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 9th. Shareholders of record on Monday, August 25th were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.7%. The ex-dividend date was Monday, August 25th. Tractor Supply's payout ratio is presently 45.10%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Telsey Advisory Group reissued an "outperform" rating and issued a $70.00 price target on shares of Tractor Supply in a research report on Friday. 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 report 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 for the company in a research report on Thursday, July 24th. Robert W. Baird boosted their price target on Tractor Supply from $56.00 to $61.00 and gave the stock an "outperform" rating in a research report on Monday, July 21st. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Tractor Supply in a research report on Wednesday, October 8th. Fifteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $62.45.

Insider Transactions at Tractor Supply

In other Tractor Supply news, SVP Noni L. Ellison sold 5,200 shares of the business's stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $63.96, for a total transaction of $332,592.00. Following the sale, the senior vice president owned 28,639 shares in the company, valued at approximately $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 can be accessed through the SEC website. Also, CFO Kurt D. Barton sold 90,000 shares of the business's stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $63.96, for a total value of $5,756,400.00. Following the sale, 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 have sold a total of 103,045 shares of company stock worth $6,547,257 in the last 90 days. 0.65% of the stock is owned by company insiders.

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.

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