Vontobel Holding Ltd. Has $30.15 Million Stake in Tractor Supply Company $TSCO

Key Points

• Vontobel Holding Ltd. increased its stake in Tractor Supply Company by 1.6% to approximately $30.15 million, owning about 0.11% of the company.
• Multiple institutional investors, including GW&K Investment Management and Opal Wealth Advisors, have significantly raised their stakes in Tractor Supply, reflecting strong interest in the stock.
• Tractor Supply's stock recently opened at $54.22, with a market capitalization of $28.73 billion and a PE ratio of 26.60, while the company recently declared a quarterly dividend of $0.23.

Vontobel Holding Ltd. lifted its stake in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) by 1.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 571,266 shares of the specialty retailer's stock after purchasing an additional 9,162 shares during the period. Vontobel Holding Ltd. owned approximately 0.11% of Tractor Supply worth $30,146,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of TSCO. GW&K Investment Management LLC raised its stake in shares of Tractor Supply by 89.3% during the first quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer's stock worth $26,000 after buying an additional 226 shares during the last quarter. Opal Wealth Advisors LLC bought a new stake in shares of Tractor Supply during the second quarter worth approximately $35,000. Financial Gravity Asset Management Inc. bought a new stake in shares of Tractor Supply during the first quarter worth approximately $39,000. Smallwood Wealth Investment Management LLC bought a new stake in shares of Tractor Supply during the first quarter worth approximately $41,000. Finally, Zions Bancorporation National Association UT bought a new stake in shares of Tractor Supply during the first quarter worth approximately $41,000. 98.72% of the stock is owned by institutional investors.

Insider Activity at Tractor Supply

In other news, Director Denise L. Jackson sold 1,165 shares of the company's stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $58.50, for a total value of $68,152.50. Following the completion of the transaction, the director owned 31,123 shares in the company, valued at $1,820,695.50. This represents a 3.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Kurt D. Barton sold 90,000 shares of the company's stock in a transaction that occurred on 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 owned 47,715 shares of the company's stock, valued at $3,051,851.40. This trade represents a 65.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 103,045 shares of company stock worth $6,547,257 over the last ninety days. 0.65% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on TSCO shares. Wells Fargo & Company boosted their price target on shares of Tractor Supply from $63.00 to $65.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Piper Sandler upped 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. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Tractor Supply in a research note on Wednesday. Loop Capital upped 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. Finally, Bank of America raised shares of Tractor Supply from an "underperform" rating to a "buy" rating and set a $70.00 target price for the company in a research note on Thursday, July 24th. Fifteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $62.45.

Tractor Supply Stock Up 0.6%

Tractor Supply stock opened at $54.22 on Friday. The stock has a market capitalization of $28.73 billion, a PE ratio of 26.60, a price-to-earnings-growth ratio of 2.76 and a beta of 0.73. Tractor Supply Company has a twelve month low of $46.85 and a twelve month high of $63.99. The company has a quick ratio of 0.16, a current ratio of 1.28 and a debt-to-equity ratio of 0.68. The company has a 50 day moving average of $59.15 and a 200-day moving average of $54.91.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.01. The company had revenue of $4.44 billion during the quarter, compared to analysts' expectations of $4.40 billion. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The business's quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.93 earnings per share. 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 EPS for the current fiscal year.

Tractor Supply Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Monday, August 25th. Tractor Supply's dividend payout ratio is 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.

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