Tractor Supply (NASDAQ:TSCO) Stock Unloaded Sen. Tommy Tuberville

Senator Tommy Tuberville (R-Alabama) recently sold shares of Tractor Supply (NASDAQ:TSCO). In a filing disclosed on February 14th, the Senator disclosed that they had sold between $15,001 and $50,000 in Tractor Supply stock on January 10th.

Senator Tommy Tuberville also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Apple (NASDAQ:AAPL) on 1/10/2025.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 1/10/2025.
• Sold $15,001 – $50,000 in shares of Diageo (NYSE:DEO) on 1/10/2025.
• Sold $15,001 – $50,000 in shares of Texas Instruments (NASDAQ:TXN) on 1/10/2025.
• Sold $1,001 – $15,000 in shares of Carrier Global (NYSE:CARR) on 1/10/2025.

Tractor Supply Price Performance

Shares of NASDAQ TSCO opened at $57.14 on Friday. The stock has a market capitalization of $30.51 billion, a price-to-earnings ratio of 28.01, a price-to-earnings-growth ratio of 2.70 and a beta of 0.84. The company has a quick ratio of 0.20, a current ratio of 1.43 and a debt-to-equity ratio of 0.82. Tractor Supply has a 52 week low of $46.76 and a 52 week high of $61.53. The firm has a 50-day simple moving average of $54.84 and a 200-day simple moving average of $55.30.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings data on Thursday, January 30th. The specialty retailer reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $2.28 by ($1.84). Tractor Supply had a return on equity of 49.01% and a net margin of 7.40%. On average, equities analysts predict that Tractor Supply will post 2.17 earnings per share for the current fiscal year.

Tractor Supply declared that its board has authorized a stock repurchase program on Thursday, February 13th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the specialty retailer to reacquire up to 3.3% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Tractor Supply Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Wednesday, February 26th will be paid a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a dividend yield of 6.44%. This is an increase from Tractor Supply’s previous quarterly dividend of $0.22. Tractor Supply’s dividend payout ratio is presently 43.14%.

Insider Buying and Selling

In other news, EVP Colin Yankee sold 24,602 shares of the business’s stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $54.15, for a total value of $1,332,198.30. Following the completion of the transaction, the executive vice president now directly owns 33,645 shares of the company’s stock, valued at $1,821,876.75. The trade was a 42.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Harry A. Lawton III sold 88,095 shares of the business’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $54.59, for a total transaction of $4,809,106.05. Following the completion of the transaction, the chief executive officer now directly owns 488,852 shares of the company’s stock, valued at $26,686,430.68. The trade was a 15.27 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 134,143 shares of company stock worth $7,315,961 in the last ninety days. Insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

TSCO has been the subject of several recent analyst reports. Raymond James lifted their price target on shares of Tractor Supply from $57.00 to $58.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Barclays dropped their target price on shares of Tractor Supply from $262.00 to $52.00 and set an “equal weight” rating for the company in a report on Monday, December 30th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $67.00 price objective on shares of Tractor Supply in a research note on Thursday, January 30th. Truist Financial dropped their price objective on Tractor Supply from $63.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, January 31st. Finally, Mizuho lifted their target price on Tractor Supply from $60.00 to $62.00 and gave the company an “outperform” rating in a research report on Thursday, January 23rd. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Tractor Supply currently has an average rating of “Moderate Buy” and a consensus price target of $59.22.

Institutional Investors Weigh In On Tractor Supply

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. CWM LLC lifted its position in shares of Tractor Supply by 2.6% during the 3rd quarter. CWM LLC now owns 2,620 shares of the specialty retailer’s stock valued at $762,000 after acquiring an additional 66 shares during the period. Creative Planning raised its stake in shares of Tractor Supply by 2.7% during the 3rd quarter. Creative Planning now owns 32,004 shares of the specialty retailer’s stock worth $9,311,000 after buying an additional 842 shares during the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd raised its stake in shares of Tractor Supply by 14.6% during the 3rd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 13,042 shares of the specialty retailer’s stock worth $3,794,000 after buying an additional 1,662 shares during the last quarter. Good Life Advisors LLC raised its stake in shares of Tractor Supply by 10.4% during the 3rd quarter. Good Life Advisors LLC now owns 888 shares of the specialty retailer’s stock worth $258,000 after buying an additional 84 shares during the last quarter. Finally, LifeSteps Financial Inc. raised its stake in shares of Tractor Supply by 6.8% during the 3rd quarter. LifeSteps Financial Inc. now owns 1,025 shares of the specialty retailer’s stock worth $298,000 after buying an additional 65 shares during the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

About Senator Tuberville

Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville’s career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.

Tractor Supply Company 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.