Northwest & Ethical Investments L.P. Sells 20,852 Shares of Tractor Supply Company $TSCO

Key Points

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Northwest & Ethical Investments L.P. reduced its position in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 46.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,378 shares of the specialty retailer's stock after selling 20,852 shares during the period. Northwest & Ethical Investments L.P.'s holdings in Tractor Supply were worth $1,343,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Coppell Advisory Solutions LLC boosted its stake in shares of 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 boosted its stake in Tractor Supply by 89.3% during the 1st quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer's stock valued at $26,000 after purchasing an additional 226 shares during the period. Dunhill Financial LLC lifted its position in shares of Tractor Supply by 325.8% in the 4th quarter. Dunhill Financial LLC now owns 511 shares of the specialty retailer's stock worth $27,000 after acquiring an additional 391 shares during the period. Pacific Center for Financial Services lifted its position in shares of Tractor Supply by 400.0% in the 4th quarter. Pacific Center for Financial Services now owns 550 shares of the specialty retailer's stock worth $29,000 after acquiring an additional 440 shares during the period. Finally, LRI Investments LLC lifted its position in shares of Tractor Supply by 400.0% in the 4th quarter. LRI Investments LLC now owns 615 shares of the specialty retailer's stock worth $33,000 after acquiring an additional 492 shares during the period. 98.72% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on TSCO shares. UBS Group raised their price objective on Tractor Supply from $54.00 to $61.00 and gave the stock a "neutral" rating in a research report on Friday, July 25th. Truist Financial raised their price objective on Tractor Supply from $60.00 to $66.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Telsey Advisory Group set a $70.00 target price on Tractor Supply in a report on Friday, July 25th. The Goldman Sachs Group reissued a "buy" rating on shares of Tractor Supply in a report on Friday, July 25th. Finally, Guggenheim dropped their target price on Tractor Supply from $60.00 to $55.00 and set a "buy" rating for the company in a report on Friday, April 25th. Thirteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, Tractor Supply presently has an average rating of "Moderate Buy" and an average target price of $61.80.

Tractor Supply Price Performance

TSCO stock traded up $0.61 during midday trading on Friday, reaching $61.61. 3,230,182 shares of the company's stock traded hands, compared to its average volume of 5,547,283. The company has a 50-day simple moving average of $56.83 and a two-hundred day simple moving average of $53.96. Tractor Supply Company has a 1-year low of $46.85 and a 1-year high of $63.99. The company has a market cap of $32.65 billion, a price-to-earnings ratio of 30.23, a PEG ratio of 3.14 and a beta of 0.75. The company has a quick ratio of 0.16, a current ratio of 1.28 and a debt-to-equity ratio of 0.68.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.01. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%.The firm had revenue of $4.44 billion during the quarter, compared to analysts' expectations of $4.40 billion. During the same period last year, the firm posted $3.93 EPS. The business's revenue was up 4.5% on a year-over-year basis. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. On average, analysts anticipate that Tractor Supply Company will post 2.17 earnings per share for the current year.

Tractor Supply Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 9th. Shareholders of record on Monday, August 25th will be given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, August 25th. Tractor Supply's dividend payout ratio (DPR) is presently 45.10%.

Insider Transactions at Tractor Supply

In other Tractor Supply news, EVP Colin Yankee sold 6,680 shares of the stock in a transaction on Monday, July 28th. The stock was sold at an average price of $58.40, for a total value of $390,112.00. Following the transaction, the executive vice president directly owned 40,142 shares in the company, valued at approximately $2,344,292.80. This trade represents a 14.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Jonathan S. Estep sold 56,630 shares of the stock in a transaction 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 transaction, the executive vice president owned 74,605 shares in the company, 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. In the last three months, insiders sold 204,680 shares of company stock worth $12,071,552. Corporate insiders own 0.65% of the company's stock.

Tractor Supply 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.