True North Advisors LLC Sells 7,351 Shares of Tractor Supply Company $TSCO

Key Points

• True North Advisors LLC sold 7,351 shares of Tractor Supply Company, reducing their stake by 15.7% to a total of 39,359 shares valued at $2,077,000.
• Several hedge funds significantly increased their holdings in Tractor Supply, with Bison Wealth LLC growing their stake by 356.1%, and Mackenzie Financial Corp increasing theirs by 522.4% in the fourth quarter.
• Tractor Supply recently reported better-than-expected Q2 earnings, with an EPS of $0.81, surpassing the consensus estimate of $0.80, and projected a Q3 2025 EPS guidance of 2.000-2.180.

True North Advisors LLC reduced its position in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) by 15.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,359 shares of the specialty retailer's stock after selling 7,351 shares during the period. True North Advisors LLC's holdings in Tractor Supply were worth $2,077,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Bison Wealth LLC grew its stake in shares of Tractor Supply by 356.1% during the 4th quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer's stock worth $341,000 after acquiring an additional 5,017 shares in the last quarter. GTS Securities LLC grew its position in Tractor Supply by 1,950.2% in the fourth quarter. GTS Securities LLC now owns 4,237 shares of the specialty retailer's stock valued at $225,000 after purchasing an additional 4,466 shares in the last quarter. Toronto Dominion Bank grew its position in Tractor Supply by 371.9% in the fourth quarter. Toronto Dominion Bank now owns 191,480 shares of the specialty retailer's stock valued at $10,160,000 after purchasing an additional 150,905 shares in the last quarter. Forum Financial Management LP increased its stake in Tractor Supply by 415.4% in the 4th quarter. Forum Financial Management LP now owns 3,860 shares of the specialty retailer's stock valued at $205,000 after buying an additional 3,111 shares during the last quarter. Finally, Mackenzie Financial Corp lifted its position in Tractor Supply by 522.4% during the 4th quarter. Mackenzie Financial Corp now owns 122,765 shares of the specialty retailer's stock worth $6,514,000 after buying an additional 103,041 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors.

Tractor Supply Stock Performance

Shares of NASDAQ TSCO opened at $56.42 on Friday. 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 company has a market capitalization of $29.90 billion, a P/E ratio of 27.68, a P/E/G ratio of 2.95 and a beta of 0.76. Tractor Supply Company has a 12 month low of $46.85 and a 12 month high of $63.99. The stock has a 50 day moving average of $59.71 and a 200-day moving average of $54.72.

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, beating the consensus estimate of $0.80 by $0.01. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%.The business had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.40 billion. During the same quarter last year, the firm posted $3.93 EPS. The company's quarterly 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. As a group, equities research analysts predict that Tractor Supply Company will post 2.17 EPS 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 issued a dividend of $0.23 per share. The ex-dividend date of this dividend was Monday, August 25th. This represents a $0.92 annualized dividend and a dividend yield of 1.6%. Tractor Supply's payout ratio is presently 45.10%.

Wall Street Analysts Forecast Growth

TSCO has been the subject of several analyst reports. Wall Street Zen upgraded Tractor Supply from a "sell" rating to a "hold" rating in a report on Saturday, July 26th. Evercore ISI raised their price target on Tractor Supply from $60.00 to $65.00 and gave the company an "in-line" rating in a research note on Friday, July 25th. The Goldman Sachs Group reiterated a "buy" rating on shares of Tractor Supply in a research note on Friday, July 25th. Robert W. Baird increased their price objective on Tractor Supply from $56.00 to $61.00 and gave the company an "outperform" rating in a report on Monday, July 21st. Finally, UBS Group raised their target price on shares of Tractor Supply from $54.00 to $61.00 and gave the company a "neutral" rating in a research note on Friday, July 25th. Thirteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $62.15.

Insiders Place Their Bets

In other Tractor Supply news, CFO Kurt D. Barton sold 90,000 shares of the 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 transaction, the chief financial officer directly owned 47,715 shares of the company's stock, valued at $3,051,851.40. This represents a 65.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Denise L. Jackson sold 4,630 shares of the business's stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $55.93, for a total value of $258,955.90. Following the sale, the director owned 35,288 shares of the company's stock, valued at approximately $1,973,657.84. This represents a 11.60% 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 in the last 90 days. 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.

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