SGL Investment Advisors Inc. Has $3.26 Million Stock Position in Tractor Supply Company $TSCO

Key Points

• SGL Investment Advisors Inc. reduced its position in Tractor Supply Company by 11.8% during the second quarter, now owning 57,445 shares valued at approximately $3.26 million.
• Tractor Supply recently reported $0.81 EPS for the quarter, exceeding analysts' expectations and showing a 4.5% increase in quarterly revenue compared to the previous year.
• The company's quarterly dividend of $0.23 was paid on September 9th, reflecting an annualized yield of 1.7% and a dividend payout ratio of 45.10%.

SGL Investment Advisors Inc. lowered its position in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 11.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 57,445 shares of the specialty retailer's stock after selling 7,708 shares during the period. Tractor Supply accounts for about 1.6% of SGL Investment Advisors Inc.'s holdings, making the stock its 27th biggest position. SGL Investment Advisors Inc.'s holdings in Tractor Supply were worth $3,261,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Bennett Selby Investments LP increased its holdings in Tractor Supply by 1.3% during the second quarter. Bennett Selby Investments LP now owns 14,932 shares of the specialty retailer's stock worth $788,000 after buying an additional 191 shares during the last quarter. Hancock Whitney Corp increased its holdings in Tractor Supply by 2.0% in the 1st quarter. Hancock Whitney Corp now owns 9,849 shares of the specialty retailer's stock worth $543,000 after acquiring an additional 194 shares during the last quarter. Mount Vernon Associates Inc. MD grew its holdings in shares of Tractor Supply by 0.3% during the second quarter. Mount Vernon Associates Inc. MD now owns 67,570 shares of the specialty retailer's stock worth $3,566,000 after purchasing an additional 200 shares in the last quarter. Nissay Asset Management Corp Japan ADV lifted its position in Tractor Supply by 0.3% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 66,483 shares of the specialty retailer's stock valued at $3,663,000 after purchasing an additional 208 shares during the last quarter. Finally, Wedmont Private Capital grew its stake in Tractor Supply by 2.5% in the first quarter. Wedmont Private Capital now owns 8,714 shares of the specialty retailer's stock worth $450,000 after purchasing an additional 212 shares during the period. 98.72% of the stock is owned by institutional investors.

Tractor Supply Price Performance

Shares of TSCO stock opened at $54.69 on Tuesday. 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 firm has a market capitalization of $28.98 billion, a price-to-earnings ratio of 26.84, a PEG ratio of 2.86 and a beta of 0.73. The firm's 50 day moving average is $59.38 and its 200-day moving average is $54.92.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last posted its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.01. The company 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%. Tractor Supply's quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the company posted $3.93 EPS. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. Sell-side analysts forecast that Tractor Supply Company will post 2.17 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

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

Insider Buying and Selling at Tractor Supply

In other news, CFO Kurt D. Barton sold 90,000 shares of the firm's stock in a transaction that occurred on 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 transaction, the chief financial officer owned 47,715 shares in the company, valued at approximately $3,051,851.40. This trade represents a 65.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Colin Yankee sold 6,680 shares of Tractor Supply stock in a transaction dated 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 of the company's stock, valued at approximately $2,344,292.80. This represents a 14.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 106,045 shares of company stock valued at $6,719,757 over the last ninety days. Insiders own 0.65% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on TSCO shares. Bank of America raised Tractor Supply from an "underperform" rating to a "buy" rating and set a $70.00 target price on the stock in a research note on Thursday, July 24th. Wall Street Zen upgraded Tractor Supply from a "sell" rating to a "hold" rating in a research report on Saturday, July 26th. Wolfe Research initiated coverage on Tractor Supply in a research note on Thursday, September 18th. They set an "outperform" rating and a $70.00 target price for the company. Piper Sandler raised their price target 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, Raymond James Financial reaffirmed an "outperform" rating and issued a $65.00 price objective (up previously from $57.00) on shares of Tractor Supply in a report on Friday, July 25th. Fourteen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $62.15.

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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