Versor Investments LP Acquires 7,100 Shares of Tractor Supply Company $TSCO

Key Points

• Versor Investments LP increased its holdings in Tractor Supply Company by 91.0%, acquiring an additional 7,100 shares during the 1st quarter, bringing its total to 14,900 shares valued at approximately $821,000.
• Several large investors, including Coppell Advisory Solutions and Dunhill Financial LLC, made substantial increases in their positions, with some experiencing growth in holdings of up to 944.4%.
• Tractor Supply announced a $0.23 quarterly dividend to be paid on September 9th, representing an annualized dividend of $0.92 and a yield of 1.5%.

Versor Investments LP increased its position in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 91.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,900 shares of the specialty retailer's stock after acquiring an additional 7,100 shares during the quarter. Versor Investments LP's holdings in Tractor Supply were worth $821,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of TSCO. Price T Rowe Associates Inc. MD boosted its position in shares of Tractor Supply by 287.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 10,417,152 shares of the specialty retailer's stock valued at $552,735,000 after acquiring an additional 7,729,628 shares during the period. Stifel Financial Corp boosted its position in shares of Tractor Supply by 398.6% in the fourth quarter. Stifel Financial Corp now owns 8,233,999 shares of the specialty retailer's stock valued at $436,899,000 after acquiring an additional 6,582,562 shares during the period. Select Equity Group L.P. raised its stake in Tractor Supply by 405.6% in the fourth quarter. Select Equity Group L.P. now owns 7,669,224 shares of the specialty retailer's stock valued at $406,929,000 after purchasing an additional 6,152,333 shares in the last quarter. Northern Trust Corp raised its stake in Tractor Supply by 503.4% in the fourth quarter. Northern Trust Corp now owns 6,025,677 shares of the specialty retailer's stock valued at $319,722,000 after purchasing an additional 5,026,980 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Tractor Supply by 415.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,936,251 shares of the specialty retailer's stock valued at $314,969,000 after purchasing an additional 4,783,840 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TSCO has been the topic of a number of recent analyst reports. Loop Capital raised their target price on shares of Tractor Supply from $48.00 to $60.00 and gave the company a "hold" rating in a research note on Friday, July 25th. Telsey Advisory Group set a $70.00 target price on shares of Tractor Supply in a research note on Friday, July 25th. JPMorgan Chase & Co. raised their target price on shares of Tractor Supply from $56.00 to $65.00 and gave the company a "neutral" rating in a research note on Monday, July 21st. Piper Sandler raised their target price on shares of Tractor Supply from $66.00 to $67.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Finally, Truist Financial raised their target price on shares of Tractor Supply from $60.00 to $66.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Thirteen analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $61.80.

Insider Buying and Selling

In related news, SVP Noni L. Ellison sold 5,200 shares of Tractor Supply stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $63.96, for a total value of $332,592.00. Following the sale, the senior vice president owned 28,639 shares in the company, valued at $1,831,750.44. The trade was a 15.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Jonathan S. Estep sold 56,630 shares of Tractor Supply stock in a transaction on Monday, June 23rd. The shares were 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 approximately $3,954,065. This trade represents a 43.15% decrease in their position. The disclosure for this sale can be found here. Insiders sold 204,680 shares of company stock valued at $12,071,552 over the last quarter. Company insiders own 0.65% of the company's stock.

Tractor Supply Price Performance

Shares of TSCO stock traded up $0.61 during trading hours on Friday, hitting $61.61. 3,230,182 shares of the company's stock were exchanged, compared to its average volume of 5,547,283. The company has a current ratio of 1.28, a quick ratio of 0.16 and a debt-to-equity ratio of 0.68. Tractor Supply Company has a 12-month low of $46.85 and a 12-month high of $63.99. The business's 50 day simple moving average is $56.83 and its 200-day simple moving average is $53.96. The company has a market capitalization of $32.65 billion, a PE ratio of 30.23, a PEG ratio of 3.14 and a beta of 0.75.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last issued its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 EPS for the quarter, topping the consensus estimate 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 period in the previous year, the firm earned $3.93 earnings per share. The firm's revenue for the quarter 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, equities research analysts anticipate that Tractor Supply Company will post 2.17 earnings per share for the current year.

Tractor Supply Dividend Announcement

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

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.