1,176,330 Shares in Tractor Supply Company $TSCO Purchased by Zurich Insurance Group Ltd FI

Key Points

• Zurich Insurance Group Ltd FI has invested approximately $64.82 million in Tractor Supply Company by acquiring 1,176,330 shares during the first quarter, representing roughly 0.22% ownership in the company.
• Analysts have shown strong support for Tractor Supply, with thirteen analysts rating it as "Buy", raising the price target from $57.00 to $65.00, reflecting growing confidence in the stock's performance.
• Tractor Supply reported $0.81 earnings per share (EPS) for the last quarter, exceeding analysts' estimates, while also announcing a quarterly dividend of $0.23 to be paid out in September.

Zurich Insurance Group Ltd FI acquired a new position in Tractor Supply Company (NASDAQ:TSCO - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,176,330 shares of the specialty retailer's stock, valued at approximately $64,816,000. Zurich Insurance Group Ltd FI owned 0.22% of Tractor Supply at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Hancock Whitney Corp grew its holdings in shares of Tractor Supply by 2.0% in the first quarter. Hancock Whitney Corp now owns 9,849 shares of the specialty retailer's stock worth $543,000 after acquiring an additional 194 shares during the period. Nissay Asset Management Corp Japan ADV grew its holdings in shares of Tractor Supply by 0.3% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 66,483 shares of the specialty retailer's stock worth $3,663,000 after acquiring an additional 208 shares during the period. Wedmont Private Capital grew its holdings in shares of Tractor Supply by 2.5% in the first quarter. Wedmont Private Capital now owns 8,714 shares of the specialty retailer's stock worth $450,000 after acquiring an additional 212 shares during the period. Creative Financial Designs Inc. ADV grew its holdings in shares of Tractor Supply by 30.1% in the first quarter. Creative Financial Designs Inc. ADV now owns 920 shares of the specialty retailer's stock worth $51,000 after acquiring an additional 213 shares during the period. Finally, Independent Wealth Network Inc. grew its holdings in shares of Tractor Supply by 5.2% in the first quarter. Independent Wealth Network Inc. now owns 4,335 shares of the specialty retailer's stock worth $239,000 after acquiring an additional 215 shares during the period. Institutional investors own 98.72% of the company's stock.

Insiders Place Their Bets

In other news, EVP Colin Yankee sold 6,680 shares of the business's stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $58.40, for a total value of $390,112.00. Following the transaction, the executive vice president directly owned 40,142 shares in the company, valued at $2,344,292.80. The trade was a 14.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Noni L. Ellison sold 5,200 shares of the business'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 $332,592.00. Following the completion of the transaction, 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 disclosure for this sale can be found here. Over the last ninety days, insiders sold 204,680 shares of company stock valued at $12,071,552. Insiders own 0.65% of the company's stock.

Analyst Upgrades and Downgrades

TSCO has been the subject of several research analyst reports. Robert W. Baird lifted their price objective on Tractor Supply from $56.00 to $61.00 and gave the stock an "outperform" rating in a report on Monday, July 21st. Telsey Advisory Group set a $70.00 price objective on Tractor Supply in a report on Friday, July 25th. Wells Fargo & Company lifted their target price on Tractor Supply from $63.00 to $65.00 and gave the company an "overweight" rating in a research report on Friday, July 25th. UBS Group lifted their target price on Tractor Supply from $54.00 to $61.00 and gave the company a "neutral" rating in a research report on Friday, July 25th. Finally, Evercore ISI lifted their target price on Tractor Supply from $60.00 to $65.00 and gave the company an "in-line" rating in a research report on Friday, July 25th. Thirteen investment 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 a consensus rating of "Moderate Buy" and an average target price of $61.80.

Tractor Supply Stock Performance

NASDAQ TSCO traded up $0.59 on Friday, hitting $60.61. 4,395,306 shares of the company traded hands, compared to its average volume of 5,433,133. The business's 50 day moving average price is $59.28 and its 200-day moving average price is $54.49. Tractor Supply Company has a 52-week low of $46.85 and a 52-week high of $63.99. The company has a market capitalization of $32.12 billion, a price-to-earnings ratio of 29.74, a P/E/G ratio of 3.00 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.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $0.81 EPS for the quarter, beating the consensus estimate of $0.80 by $0.01. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%.The business 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 business earned $3.93 earnings per share. The business's 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. Equities analysts expect that Tractor Supply Company will post 2.17 earnings per share for the current year.

Tractor Supply Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Monday, August 25th. Tractor Supply's payout ratio is presently 45.10%.

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.