Truvestments Capital LLC Acquires 7,302 Shares of Tractor Supply Company $TSCO

Key Points

• Truvestments Capital LLC increased its position in Tractor Supply Company by 37.1%, acquiring an additional 7,302 shares to total 26,963 shares, valued at $1,486,000.
• Tractor Supply reported a quarterly EPS of $0.81, exceeding analysts' estimates, and generated revenue of $4.44 billion, marking a 4.5% year-over-year increase.
• The company announced a quarterly dividend of $0.23, with an annualized yield of 1.5%, scheduled to be paid on September 9th to shareholders of record on August 25th.

Truvestments Capital LLC lifted its position in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 37.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,963 shares of the specialty retailer's stock after purchasing an additional 7,302 shares during the quarter. Truvestments Capital LLC's holdings in Tractor Supply were worth $1,486,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Nicolet Bankshares Inc. acquired a new position in shares of Tractor Supply in the first quarter valued at $207,000. Caisse DE Depot ET Placement DU Quebec acquired a new position in shares of Tractor Supply in the first quarter valued at $35,916,000. APG Asset Management N.V. raised its stake in shares of Tractor Supply by 33.3% in the first quarter. APG Asset Management N.V. now owns 475,484 shares of the specialty retailer's stock valued at $24,254,000 after purchasing an additional 118,884 shares in the last quarter. Bahl & Gaynor Inc. raised its stake in shares of Tractor Supply by 31.0% in the first quarter. Bahl & Gaynor Inc. now owns 177,636 shares of the specialty retailer's stock valued at $9,788,000 after purchasing an additional 41,989 shares in the last quarter. Finally, Groupe la Francaise raised its stake in shares of Tractor Supply by 20.1% in the first quarter. Groupe la Francaise now owns 88,405 shares of the specialty retailer's stock valued at $4,788,000 after purchasing an additional 14,810 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Tractor Supply Price Performance

Tractor Supply stock opened at $61.69 on Wednesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.16 and a current ratio of 1.28. The firm has a market cap of $32.69 billion, a P/E ratio of 30.27, a P/E/G ratio of 3.16 and a beta of 0.75. The business's fifty day moving average is $57.44 and its two-hundred day moving average is $54.13. Tractor Supply Company has a 52 week low of $46.85 and a 52 week high of $63.99.

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

Tractor Supply Announces Dividend

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

Insider Buying and Selling

In other news, EVP Jonathan S. Estep sold 56,630 shares of the business's stock in a transaction on Monday, June 23rd. The stock was sold at an average price of $53.00, for a total transaction of $3,001,390.00. Following the completion of the sale, 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Denise L. Jackson sold 4,630 shares of the business's stock in a transaction 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. The trade was a 11.60% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 204,680 shares of company stock valued at $12,071,552. Insiders own 0.65% of the company's stock.

Analyst Upgrades and Downgrades

TSCO has been the subject of a number of recent research reports. Raymond James Financial restated an "outperform" rating and issued a $65.00 target price (up from $57.00) on shares of Tractor Supply in a research note on Friday, July 25th. Loop Capital upped their target price on Tractor Supply from $48.00 to $60.00 and gave the company a "hold" 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 report on Friday, July 25th. Evercore ISI upped their price target on Tractor Supply from $60.00 to $65.00 and gave the company an "in-line" rating in a research report on Friday, July 25th. Finally, JPMorgan Chase & Co. upped their price target on Tractor Supply from $56.00 to $65.00 and gave the company a "neutral" rating in a research report on Monday, July 21st. Thirteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat, Tractor Supply has a consensus rating of "Moderate Buy" and an average target price of $61.80.

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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