1832 Asset Management L.P. Has $27.17 Million Stock Position in Tractor Supply Company $TSCO

Key Points

• 1832 Asset Management L.P. reduced its stake in Tractor Supply Company by 40.4%, now owning approximately 493,030 shares valued at around $27 million.
• A number of institutional investors have increased their positions in Tractor Supply, including Coppell Advisory Solutions LLC, which raised its holdings by 944.4% recently.
• Tractor Supply announced a quarterly dividend of $0.23 per share, representing a 1.5% dividend yield, with the payout scheduled for September 9th.

1832 Asset Management L.P. reduced its holdings in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) by 40.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 493,030 shares of the specialty retailer's stock after selling 333,925 shares during the quarter. 1832 Asset Management L.P. owned 0.09% of Tractor Supply worth $27,166,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Coppell Advisory Solutions LLC grew its holdings in Tractor Supply by 944.4% during the 4th quarter. Coppell Advisory Solutions LLC now owns 470 shares of the specialty retailer's stock worth $25,000 after acquiring an additional 425 shares in the last quarter. GW&K Investment Management LLC grew its stake in Tractor Supply by 89.3% in 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 in the last quarter. Dunhill Financial LLC grew its stake in Tractor Supply by 325.8% in the fourth quarter. Dunhill Financial LLC now owns 511 shares of the specialty retailer's stock worth $27,000 after purchasing an additional 391 shares in the last quarter. Pacific Center for Financial Services increased its holdings in Tractor Supply by 400.0% in the fourth quarter. Pacific Center for Financial Services now owns 550 shares of the specialty retailer's stock valued at $29,000 after buying an additional 440 shares during the last quarter. Finally, LRI Investments LLC raised its stake in Tractor Supply by 400.0% during the fourth quarter. LRI Investments LLC now owns 615 shares of the specialty retailer's stock valued at $33,000 after buying an additional 492 shares in the last quarter. Institutional investors own 98.72% of the company's stock.

Tractor Supply Stock Performance

Shares of NASDAQ:TSCO traded up $0.27 on Thursday, hitting $62.65. The company's stock had a trading volume of 3,594,134 shares, compared to its average volume of 5,492,120. The company has a market capitalization of $33.20 billion, a price-to-earnings ratio of 30.74, a price-to-earnings-growth ratio of 3.17 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. Tractor Supply Company has a 12 month low of $46.85 and a 12 month high of $63.99. The stock's 50-day moving average is $57.65 and its two-hundred day moving average is $54.19.

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

Tractor Supply Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 9th. Investors of record on Monday, August 25th will be issued a dividend of $0.23 per share. The ex-dividend date of this dividend is Monday, August 25th. This represents a $0.92 annualized dividend and a yield of 1.5%. Tractor Supply's payout ratio is presently 45.10%.

Wall Street Analyst Weigh In

TSCO has been the subject of a number of research analyst reports. Wells Fargo & Company boosted their price target on Tractor Supply from $63.00 to $65.00 and gave the company an "overweight" rating in a report on Friday, July 25th. Piper Sandler boosted their target price on shares of Tractor Supply from $66.00 to $67.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. DA Davidson raised their price target on shares of Tractor Supply from $65.00 to $70.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Truist Financial boosted their price objective on shares of Tractor Supply from $60.00 to $66.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Finally, Telsey Advisory Group set a $70.00 target price on shares of Tractor Supply in a report on Friday, July 25th. Thirteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $61.80.

Insider Activity at Tractor Supply

In other Tractor Supply news, 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 directly owned 47,715 shares in the company, valued at approximately $3,051,851.40. The trade was a 65.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Noni L. Ellison sold 5,200 shares of the firm's stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $63.96, for a total transaction of $332,592.00. Following the transaction, the senior vice president owned 28,639 shares of the company's stock, valued at approximately $1,831,750.44. This trade represents a 15.37% decrease in their position. The disclosure for this sale can be found here. Insiders sold 204,680 shares of company stock worth $12,071,552 in the last quarter. Company 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.