Colonial Trust Advisors Increases Stock Position in Tractor Supply Company $TSCO

Key Points

• Colonial Trust Advisors increased its stake in Tractor Supply Company (TSCO) by 46.0%, acquiring an additional 5,125 shares and bringing their total holdings to 16,275 shares valued at approximately $897,000.
• Tractor Supply's recent quarterly earnings exceeded expectations, reporting $0.81 EPS and revenues of $4.44 billion, marking a 4.5% year-over-year increase.
• The company announced a quarterly dividend of $0.23 per share, with a yield of 1.5%, reflecting a payout ratio of 45.10%.

Colonial Trust Advisors boosted its position in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 46.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,275 shares of the specialty retailer's stock after buying an additional 5,125 shares during the quarter. Colonial Trust Advisors' holdings in Tractor Supply were worth $897,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wedmont Private Capital grew its stake in Tractor Supply by 2.5% during the first quarter. Wedmont Private Capital now owns 8,714 shares of the specialty retailer's stock worth $450,000 after buying an additional 212 shares during the last quarter. Creative Financial Designs Inc. ADV increased its holdings in shares of Tractor Supply by 30.1% in the first quarter. Creative Financial Designs Inc. ADV now owns 920 shares of the specialty retailer's stock worth $51,000 after acquiring an additional 213 shares in the last quarter. Independent Wealth Network Inc. raised its stake in shares of Tractor Supply by 5.2% in the 1st quarter. Independent Wealth Network Inc. now owns 4,335 shares of the specialty retailer's stock valued at $239,000 after purchasing an additional 215 shares during the period. GW&K Investment Management LLC boosted its holdings in Tractor Supply by 89.3% during the first quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer's stock worth $26,000 after purchasing an additional 226 shares during the last quarter. Finally, Assetmark Inc. increased its stake in Tractor Supply by 21.2% in the 1st quarter. Assetmark Inc. now owns 1,331 shares of the specialty retailer's stock valued at $73,000 after buying an additional 233 shares during the last quarter. 98.72% of the stock is owned by institutional investors and hedge funds.

Tractor Supply Trading Up 1.0%

Shares of TSCO stock traded up $0.61 during trading hours on Friday, reaching $61.61. The company's stock had a trading volume of 3,230,182 shares, compared to its average volume of 5,547,283. The firm's fifty day simple moving average is $56.83 and its 200 day simple moving average is $53.96. 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 stock has a market capitalization of $32.65 billion, a P/E ratio of 30.23, a P/E/G ratio of 3.14 and a beta of 0.75. Tractor Supply Company has a one year low of $46.85 and a one year high of $63.99.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last announced its quarterly 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. 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 for the quarter, compared to analysts' expectations of $4.40 billion. During the same quarter in the previous year, the business posted $3.93 EPS. Tractor Supply's 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. Equities research analysts expect 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 given 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 payout ratio is presently 45.10%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TSCO. Loop Capital raised their target price on shares of Tractor Supply from $48.00 to $60.00 and gave the company a "hold" rating in a research note on Friday, July 25th. Wall Street Zen raised Tractor Supply from a "sell" rating to a "hold" rating in a report on Saturday, July 26th. Telsey Advisory Group set a $70.00 price objective on Tractor Supply in a research note on Friday, July 25th. Piper Sandler upped their price objective 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, Bank of America upgraded shares of Tractor Supply from an "underperform" rating to a "buy" rating and set a $70.00 price target for the company in a report on Thursday, July 24th. 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 MarketBeat, Tractor Supply has an average rating of "Moderate Buy" and an average target price of $61.80.

Insider Buying and Selling

In other Tractor Supply news, Director Denise L. Jackson sold 4,630 shares of the stock in a transaction that occurred 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 completion of the sale, the director directly owned 35,288 shares of the company's stock, valued at $1,973,657.84. This trade represents a 11.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Jonathan S. Estep sold 56,630 shares of the firm's stock in a transaction that occurred 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 sale, the executive vice president directly owned 74,605 shares of the company's stock, valued at $3,954,065. The trade was a 43.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 204,680 shares of company stock worth $12,071,552 in the last three months. Corporate insiders own 0.65% of the company's stock.

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.