HighTower Advisors LLC Buys 4,739 Shares of Tractor Supply Company $TSCO

Key Points

• HighTower Advisors LLC increased its stake in Tractor Supply Company by 2.1%, bringing their total holdings to approximately $12.99 million after acquiring an additional 4,739 shares in the first quarter.
• Tractor Supply recently reported earnings of $0.81 per share, exceeding analyst expectations, with a revenue of $4.44 billion, marking a 4.5% year-over-year increase.
• Insider selling activity includes significant transactions by executives who sold over 204,680 shares worth approximately $12.07 million in the last three months.

HighTower Advisors LLC lifted its holdings in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) by 2.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 235,879 shares of the specialty retailer's stock after acquiring an additional 4,739 shares during the quarter. HighTower Advisors LLC's holdings in Tractor Supply were worth $12,997,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Public Sector Pension Investment Board increased its position in shares of Tractor Supply by 9.9% during the 1st quarter. Public Sector Pension Investment Board now owns 72,579 shares of the specialty retailer's stock valued at $3,999,000 after purchasing an additional 6,554 shares during the last quarter. Meridian Wealth Management LLC grew its position in Tractor Supply by 34.1% during the first quarter. Meridian Wealth Management LLC now owns 11,282 shares of the specialty retailer's stock valued at $622,000 after buying an additional 2,872 shares during the period. SouthState Corp increased its holdings in Tractor Supply by 14.3% during the first quarter. SouthState Corp now owns 34,288 shares of the specialty retailer's stock worth $1,889,000 after buying an additional 4,288 shares during the last quarter. Nuveen LLC bought a new stake in Tractor Supply in the first quarter worth about $70,890,000. Finally, Entropy Technologies LP purchased a new position in Tractor Supply in the first quarter valued at about $658,000. Hedge funds and other institutional investors own 98.72% of the company's stock.

Insider Transactions at Tractor Supply

In other Tractor Supply news, Director Denise L. Jackson sold 4,630 shares of the business's stock in a transaction on Monday, July 7th. The shares were sold at an average price of $55.93, for a total transaction of $258,955.90. Following the transaction, the director directly owned 35,288 shares of the company's stock, valued at approximately $1,973,657.84. The trade was a 11.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Colin Yankee sold 6,680 shares of the business's stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $58.40, for a total transaction of $390,112.00. Following the transaction, the executive vice president owned 40,142 shares in the company, valued at $2,344,292.80. This represents a 14.27% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 204,680 shares of company stock valued at $12,071,552. Company insiders own 0.65% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on TSCO. The Goldman Sachs Group restated a "buy" rating on shares of Tractor Supply in a research note on Friday, July 25th. Telsey Advisory Group set a $70.00 target price on Tractor Supply in a research note on Friday, July 25th. Loop Capital increased their price target on Tractor Supply from $48.00 to $60.00 and gave the stock a "hold" rating in a research note on Friday, July 25th. Wells Fargo & Company boosted their price objective on Tractor Supply from $63.00 to $65.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Finally, Robert W. Baird increased their target price on shares of Tractor Supply from $56.00 to $61.00 and gave the stock an "outperform" rating in a research report on Monday, July 21st. Thirteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $61.80.

Tractor Supply Price Performance

TSCO traded up $1.18 on Tuesday, reaching $62.28. The company had a trading volume of 4,393,089 shares, compared to its average volume of 5,700,147. Tractor Supply Company has a 52-week low of $46.85 and a 52-week high of $63.99. The company has a market cap of $33.01 billion, a price-to-earnings ratio of 30.56, a P/E/G ratio of 3.14 and a beta of 0.75. 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 business has a 50 day simple moving average of $56.45 and a 200 day simple moving average of $53.86.

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 (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.01. The firm had revenue of $4.44 billion during 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%.The company's revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.93 earnings per share. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, sell-side analysts anticipate that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th will be paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, August 25th. Tractor Supply's dividend payout ratio is 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.