UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Acquires 18,407 Shares of Tractor Supply Company $TSCO

Key Points

• UBS Asset Management acquired an additional 18,407 shares of Tractor Supply Company, raising its total ownership to approximately 4.93 million shares, valued at $271.57 million.
• Tractor Supply reported earnings of $0.81 per share, slightly exceeding analyst expectations, and achieved a net revenue of $4.44 billion for the quarter, up 4.5% year-over-year.
• The company recently announced a quarterly dividend of $0.23, translating to an annualized yield of 1.6%, with a payout ratio of 45.10% as of the last filing.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) by 0.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,928,585 shares of the specialty retailer's stock after acquiring an additional 18,407 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.93% of Tractor Supply worth $271,565,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in Tractor Supply by 4.1% during the first quarter. Vanguard Group Inc. now owns 66,631,422 shares of the specialty retailer's stock valued at $3,671,391,000 after acquiring an additional 2,597,450 shares during the last quarter. Wellington Management Group LLP boosted its position in Tractor Supply by 16.0% during the first quarter. Wellington Management Group LLP now owns 27,604,769 shares of the specialty retailer's stock valued at $1,521,023,000 after acquiring an additional 3,815,520 shares during the last quarter. Alliancebernstein L.P. boosted its position in Tractor Supply by 10.8% during the first quarter. Alliancebernstein L.P. now owns 24,664,907 shares of the specialty retailer's stock valued at $1,359,036,000 after acquiring an additional 2,408,373 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in Tractor Supply by 14.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 11,927,641 shares of the specialty retailer's stock valued at $657,214,000 after acquiring an additional 1,510,489 shares during the last quarter. Finally, Select Equity Group L.P. boosted its position in Tractor Supply by 16.8% during the first quarter. Select Equity Group L.P. now owns 8,959,995 shares of the specialty retailer's stock valued at $493,696,000 after acquiring an additional 1,290,771 shares during the last quarter. Institutional investors own 98.72% of the company's stock.

Tractor Supply Trading Down 1.1%

TSCO opened at $58.45 on Thursday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.28 and a quick ratio of 0.16. Tractor Supply Company has a fifty-two week low of $46.85 and a fifty-two week high of $63.99. The firm has a market capitalization of $30.98 billion, a PE ratio of 28.68, a P/E/G ratio of 3.03 and a beta of 0.76. The company's 50-day moving average is $59.18 and its 200 day moving average is $54.47.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last posted its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share for the quarter, topping 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 analyst estimates of $4.40 billion. During the same quarter in the prior year, the business posted $3.93 EPS. The firm's 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. As a group, research analysts predict that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, August 25th were issued a $0.23 dividend. 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 dividend payout ratio is currently 45.10%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on TSCO. Wall Street Zen raised shares of Tractor Supply from a "sell" rating to a "hold" rating in a research report on Saturday, July 26th. DA Davidson increased their price objective 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. Telsey Advisory Group set a $70.00 price objective on shares of Tractor Supply in a research report on Friday, July 25th. Piper Sandler increased their price objective on shares of Tractor Supply from $66.00 to $67.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Finally, Evercore ISI increased their price objective on shares of Tractor Supply from $60.00 to $65.00 and gave the stock an "in-line" rating in a research report on Friday, July 25th. Thirteen equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat, Tractor Supply currently has an average rating of "Moderate Buy" and a consensus price target of $61.80.

Insider Buying and Selling

In related news, CFO Kurt D. Barton sold 90,000 shares of the company'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 owned 47,715 shares in the company, 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 SEC, which is available at this link. Also, EVP Colin Yankee sold 6,680 shares of the stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $58.40, for a total transaction of $390,112.00. Following the completion of the sale, the executive vice president owned 40,142 shares of the company's stock, valued at approximately $2,344,292.80. This trade represents a 14.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 204,680 shares of company stock worth $12,071,552 over the last ninety days. Insiders own 0.65% of the company's stock.

Tractor Supply Company 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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