Stock Yards Bank & Trust Co. Acquires Shares of 6,750 Tractor Supply Company $TSCO

Key Points

• Stock Yards Bank & Trust Co. acquired 6,750 shares of Tractor Supply Company valued at approximately $356,000 during the 2nd quarter.
• Tractor Supply reported a net margin of 7.18% and earnings per share of $0.81 for the latest quarter, surpassing analysts' expectations.
• Recent insider transactions indicate a decrease in ownership among executives, with the company insiders selling a total of 106,045 shares valued at $6,719,757 in the last ninety days.

Stock Yards Bank & Trust Co. purchased a new position in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,750 shares of the specialty retailer's stock, valued at approximately $356,000.

Several other institutional investors also recently bought and sold shares of the company. Wellington Management Group LLP increased its position 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 worth $1,521,023,000 after purchasing an additional 3,815,520 shares in the last quarter. Vanguard Group Inc. boosted its stake in Tractor Supply by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 66,631,422 shares of the specialty retailer's stock worth $3,671,391,000 after purchasing an additional 2,597,450 shares during the last quarter. Alliancebernstein L.P. grew its holdings in shares of Tractor Supply by 10.8% during the first quarter. Alliancebernstein L.P. now owns 24,664,907 shares of the specialty retailer's stock worth $1,359,036,000 after buying 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 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 buying an additional 1,510,489 shares during the last quarter. Finally, Select Equity Group L.P. raised its position in shares of Tractor Supply by 16.8% in the first quarter. Select Equity Group L.P. now owns 8,959,995 shares of the specialty retailer's stock valued at $493,696,000 after buying an additional 1,290,771 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Tractor Supply Stock Down 0.7%

TSCO opened at $55.83 on Monday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.28 and a quick ratio of 0.16. Tractor Supply Company has a 12 month low of $46.85 and a 12 month high of $63.99. The stock has a market capitalization of $29.59 billion, a P/E ratio of 27.39, a P/E/G ratio of 2.86 and a beta of 0.73. The business has a 50 day simple moving average of $59.45 and a 200-day simple moving average of $54.91.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last issued its earnings results 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. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The company had revenue of $4.44 billion during the quarter, compared to analysts' expectations of $4.40 billion. During the same period last year, the company posted $3.93 earnings per share. The firm's quarterly revenue was up 4.5% compared to the same quarter last year. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. On average, equities analysts anticipate that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, August 25th were given a $0.23 dividend. The ex-dividend date of this dividend was Monday, August 25th. This represents a $0.92 annualized dividend and a dividend yield of 1.6%. Tractor Supply's dividend payout ratio (DPR) is currently 45.10%.

Insider Activity 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 completion of the sale, the senior vice president owned 28,639 shares of the company's stock, valued at approximately $1,831,750.44. The trade was a 15.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Colin Yankee sold 6,680 shares of the business's 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 sale, the executive vice president owned 40,142 shares of the company's stock, valued at $2,344,292.80. The trade was a 14.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 106,045 shares of company stock valued at $6,719,757 in the last ninety days. 0.65% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have commented on TSCO. Robert W. Baird increased their price objective on shares of Tractor Supply from $56.00 to $61.00 and gave the company an "outperform" rating in a report on Monday, July 21st. Wall Street Zen raised Tractor Supply from a "sell" rating to a "hold" rating in a report on Saturday, July 26th. Raymond James Financial reissued an "outperform" rating and set a $65.00 price objective (up previously from $57.00) on shares of Tractor Supply in a research note on Friday, July 25th. Wolfe Research began 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. Finally, Bank of America raised shares of Tractor Supply from an "underperform" rating to a "buy" rating and set a $70.00 target price on the stock in a report on Thursday, July 24th. Fourteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $62.15.

Tractor Supply Company 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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