Tractor Supply Company $TSCO Stock Position Lowered by MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH

Key Points

• MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH reduced its stake in Tractor Supply Company (TSCO) by 11.8%, now owning approximately 682,288 shares valued at $36 million.
• Tractor Supply recently reported earnings of $0.81 per share, exceeding analysts' expectations, with a revenue of $4.44 billion for the quarter, marking a 4.5% year-over-year increase.
• The stock receives a consensus rating of "Moderate Buy" from analysts, with a target price averaging around $62.15.

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH lessened its position in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 11.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 682,288 shares of the specialty retailer's stock after selling 91,098 shares during the quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH owned approximately 0.13% of Tractor Supply worth $36,004,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Wellington Management Group LLP increased its stake in shares of Tractor Supply by 16.0% during the 1st 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 during the last quarter. Vanguard Group Inc. lifted its holdings 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 valued at $3,671,391,000 after purchasing an additional 2,597,450 shares during the last quarter. Alliancebernstein L.P. raised its stake in shares of Tractor Supply by 10.8% in the first quarter. Alliancebernstein L.P. now owns 24,664,907 shares of the specialty retailer's stock worth $1,359,036,000 after acquiring an additional 2,408,373 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake 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 worth $657,214,000 after acquiring an additional 1,510,489 shares during the last quarter. Finally, Select Equity Group L.P. grew its position in shares of Tractor Supply by 16.8% during the 1st quarter. Select Equity Group L.P. now owns 8,959,995 shares of the specialty retailer's stock worth $493,696,000 after buying an additional 1,290,771 shares during the period. Hedge funds and other institutional investors own 98.72% of the company's stock.

Tractor Supply Trading Down 2.1%

NASDAQ:TSCO opened at $57.35 on Thursday. The firm's fifty day moving average is $59.72 and its 200-day moving average is $54.72. 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 52 week low of $46.85 and a 52 week high of $63.99. The firm has a market cap of $30.39 billion, a P/E ratio of 28.14, a P/E/G ratio of 3.01 and a beta of 0.76.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last released 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 for the quarter, compared to the consensus estimate of $4.40 billion. During the same quarter in the previous year, the company earned $3.93 EPS. Tractor Supply'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. Equities analysts expect that Tractor Supply Company will post 2.17 earnings per share for the current year.

Tractor Supply Dividend Announcement

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 dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Monday, August 25th. Tractor Supply's payout ratio is presently 45.10%.

Insider Activity at Tractor Supply

In related news, EVP Jonathan S. Estep sold 35,825 shares of the business's stock in a transaction on Monday, July 7th. The shares were sold at an average price of $56.00, for a total transaction of $2,006,200.00. Following the transaction, the executive vice president owned 74,605 shares in the company, valued at $4,177,880. The trade was a 32.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Kurt D. Barton sold 90,000 shares of the company's stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $63.96, for a total transaction of $5,756,400.00. Following the transaction, the chief financial officer owned 47,715 shares in the company, valued at approximately $3,051,851.40. The trade was a 65.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 148,050 shares of company stock worth $9,070,162 over the last ninety days. 0.65% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on TSCO shares. UBS Group boosted their price objective on shares of Tractor Supply from $54.00 to $61.00 and gave the company a "neutral" rating in a report on Friday, July 25th. Loop Capital raised their target price on shares of Tractor Supply from $48.00 to $60.00 and gave the stock a "hold" rating in a research note on Friday, July 25th. 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 research report on Thursday, July 24th. Raymond James Financial reissued an "outperform" rating and issued a $65.00 target price (up from $57.00) on shares of Tractor Supply in a report on Friday, July 25th. Finally, Robert W. Baird boosted their price objective on shares of Tractor Supply from $56.00 to $61.00 and gave the company an "outperform" rating in a research report on Monday, July 21st. Thirteen equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $62.15.

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.

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