Vident Advisory LLC Purchases 7,564 Shares of Tractor Supply Company $TSCO

Key Points

• Vident Advisory LLC increased its holdings in Tractor Supply Company by 32.8% after purchasing an additional 7,564 shares, now owning a total of 30,604 shares valued at approximately $1.69 million.
• Tractor Supply reported $4.44 billion in revenue for the last quarter, exceeding estimates, with an EPS of $0.81 which slightly beat the consensus of $0.80.
• The company announced a quarterly dividend of $0.23 per share, representing an annualized yield of 1.5%, set to be distributed on September 9th.

Vident Advisory LLC lifted its position in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 32.8% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 30,604 shares of the specialty retailer's stock after purchasing an additional 7,564 shares during the period. Vident Advisory LLC's holdings in Tractor Supply were worth $1,686,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. GW&K Investment Management LLC grew its holdings in shares of Tractor Supply by 89.3% in the first quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer's stock worth $26,000 after purchasing an additional 226 shares during the last quarter. Dunhill Financial LLC grew its holdings in shares of Tractor Supply by 325.8% in the fourth quarter. Dunhill Financial LLC now owns 511 shares of the specialty retailer's stock worth $27,000 after purchasing an additional 391 shares during the last quarter. Pacific Center for Financial Services grew its holdings in shares of Tractor Supply by 400.0% in the fourth quarter. Pacific Center for Financial Services now owns 550 shares of the specialty retailer's stock worth $29,000 after purchasing an additional 440 shares during the last quarter. LRI Investments LLC grew its holdings in shares of Tractor Supply by 400.0% in the fourth quarter. LRI Investments LLC now owns 615 shares of the specialty retailer's stock worth $33,000 after purchasing an additional 492 shares during the last quarter. Finally, Financial Gravity Asset Management Inc. bought a new position in shares of Tractor Supply in the first quarter worth approximately $39,000. Institutional investors own 98.72% of the company's stock.

Tractor Supply Stock Performance

Shares of TSCO stock opened at $61.52 on Wednesday. Tractor Supply Company has a 12 month low of $46.85 and a 12 month high of $63.99. The stock has a market cap of $32.60 billion, a PE ratio of 30.19, a price-to-earnings-growth ratio of 3.17 and a beta of 0.76. 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's fifty day moving average price is $58.37 and its 200-day moving average price is $54.34.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last announced its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 EPS for the quarter, beating 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 firm had revenue of $4.44 billion for the quarter, compared to analysts' expectations of $4.40 billion. During the same quarter in the previous year, the business 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. On average, equities analysts expect that Tractor Supply Company will post 2.17 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

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

Analyst Ratings Changes

Several research firms recently weighed in on TSCO. The Goldman Sachs Group reiterated a "buy" rating on shares of Tractor Supply in a report on Friday, July 25th. Telsey Advisory Group set a $70.00 price target on shares of Tractor Supply in a report on Friday, July 25th. Bank of America upgraded shares of Tractor Supply from an "underperform" rating to a "buy" rating and set a $70.00 price target on the stock in a report on Thursday, July 24th. Loop Capital lifted their price target on shares of Tractor Supply from $48.00 to $60.00 and gave the company a "hold" rating in a report on Friday, July 25th. Finally, Robert W. Baird lifted their price target on shares of Tractor Supply from $56.00 to $61.00 and gave the company an "outperform" rating in a report on Monday, July 21st. Thirteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $61.80.

Insider Activity

In other news, EVP Colin Yankee sold 6,680 shares of the business's stock in a transaction on Monday, July 28th. The shares were sold at an average price of $58.40, for a total transaction of $390,112.00. Following the sale, the executive vice president owned 40,142 shares in the company, valued at approximately $2,344,292.80. The trade was a 14.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Denise L. Jackson sold 1,165 shares of Tractor Supply stock in a transaction dated Tuesday, July 22nd. The stock was sold at an average price of $58.50, for a total value of $68,152.50. Following the completion of the transaction, the director directly owned 31,123 shares of the company's stock, valued at approximately $1,820,695.50. This represents a 3.61% 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 worth $12,071,552. 0.65% of the stock is currently owned by corporate insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.