Vestmark Advisory Solutions Inc. Buys Shares of 7,678 Tractor Supply Company $TSCO

Key Points

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Vestmark Advisory Solutions Inc. purchased a new position in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 7,678 shares of the specialty retailer's stock, valued at approximately $423,000.

A number of other large investors also recently bought and sold shares of TSCO. Summit Investment Advisors Inc. raised its stake in Tractor Supply by 379.3% during the fourth quarter. Summit Investment Advisors Inc. now owns 6,250 shares of the specialty retailer's stock worth $332,000 after purchasing an additional 4,946 shares during the period. Guggenheim Capital LLC raised its stake in Tractor Supply by 381.5% during the fourth quarter. Guggenheim Capital LLC now owns 11,632 shares of the specialty retailer's stock worth $617,000 after purchasing an additional 9,216 shares during the period. Canada Pension Plan Investment Board lifted its holdings in shares of Tractor Supply by 1,590.5% during the 4th quarter. Canada Pension Plan Investment Board now owns 112,990 shares of the specialty retailer's stock valued at $5,995,000 after acquiring an additional 106,306 shares in the last quarter. GeoWealth Management LLC grew its stake in shares of Tractor Supply by 411.7% in the fourth quarter. GeoWealth Management LLC now owns 4,314 shares of the specialty retailer's stock valued at $229,000 after buying an additional 3,471 shares in the last quarter. Finally, Freedom Investment Management Inc. grew its stake in shares of Tractor Supply by 403.6% in the fourth quarter. Freedom Investment Management Inc. now owns 6,386 shares of the specialty retailer's stock valued at $339,000 after buying an additional 5,118 shares in the last quarter. Hedge funds and other institutional investors own 98.72% of the company's stock.

Insider Activity at Tractor Supply

In other Tractor Supply news, EVP Jonathan S. Estep sold 56,630 shares of the firm's 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 transaction, the executive vice president directly owned 74,605 shares of the company's stock, valued at $3,954,065. This trade represents a 43.15% decrease in their position. The sale 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 Tractor Supply stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $63.96, for a total transaction of $5,756,400.00. Following the completion of the transaction, the chief financial officer directly owned 47,715 shares of the company's stock, valued at $3,051,851.40. This trade represents a 65.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 204,680 shares of company stock worth $12,071,552 over the last 90 days. Company insiders own 0.65% of the company's stock.

Tractor Supply Stock Up 1.0%

TSCO stock traded up $0.61 during mid-day trading on Friday, hitting $61.61. 3,230,182 shares of the company were exchanged, compared to its average volume of 5,547,283. The company has a market capitalization of $32.65 billion, a PE ratio of 30.23, a price-to-earnings-growth ratio of 3.14 and a beta of 0.75. 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 twelve month low of $46.85 and a twelve month high of $63.99. The firm has a fifty day simple moving average of $56.83 and a 200 day simple moving average of $53.96.

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

Tractor Supply Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TSCO. The Goldman Sachs Group reiterated a "buy" rating on shares of Tractor Supply in a research note on Friday, July 25th. JPMorgan Chase & Co. increased their target price on Tractor Supply from $56.00 to $65.00 and gave the company a "neutral" rating in a research note on Monday, July 21st. Telsey Advisory Group set a $70.00 target price on Tractor Supply in a research note on Friday, July 25th. Raymond James Financial reaffirmed an "outperform" rating and set a $65.00 price target (up previously from $57.00) on shares of Tractor Supply in a research note on Friday, July 25th. Finally, Piper Sandler lifted their price target on shares of Tractor Supply from $66.00 to $67.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Thirteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, Tractor Supply presently has a consensus rating of "Moderate Buy" and a consensus 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.