Childress Capital Advisors LLC lifted its holdings in Tractor Supply Company (NASDAQ:TSCO – Free Report) by 16.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,307 shares of the specialty retailer’s stock after purchasing an additional 601 shares during the period. Childress Capital Advisors LLC’s holdings in Tractor Supply were worth $227,000 as of its most recent filing with the SEC.
A number of other institutional investors have also made changes to their positions in TSCO. Vanguard Group Inc. increased its position in Tractor Supply by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 66,631,422 shares of the specialty retailer’s stock worth $3,671,391,000 after buying an additional 2,597,450 shares during the period. Wellington Management Group LLP increased its position in Tractor Supply by 16.0% during the first quarter. Wellington Management Group LLP now owns 27,604,769 shares of the specialty retailer’s stock worth $1,521,023,000 after acquiring an additional 3,815,520 shares during the period. Alliancebernstein L.P. increased its position in Tractor Supply by 10.8% during the first quarter. Alliancebernstein L.P. now owns 24,664,907 shares of the specialty retailer’s stock worth $1,359,036,000 after acquiring an additional 2,408,373 shares during the period. Price T Rowe Associates Inc. MD increased its position in Tractor Supply by 14.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 11,927,641 shares of the specialty retailer’s stock worth $657,214,000 after acquiring an additional 1,510,489 shares during the period. Finally, Select Equity Group L.P. increased its position in Tractor Supply by 16.8% during the first quarter. Select Equity Group L.P. now owns 8,959,995 shares of the specialty retailer’s stock worth $493,696,000 after acquiring an additional 1,290,771 shares during the period. 98.72% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Tractor Supply
In other news, EVP Colin Yankee sold 6,680 shares of the stock in a transaction on Monday, July 28th. The stock was 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. This represents a 14.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Denise L. Jackson sold 1,165 shares of the stock in a transaction dated Tuesday, July 22nd. The stock was sold at an average price of $58.50, for a total transaction of $68,152.50. Following the sale, the director directly owned 31,123 shares in the company, 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. Insiders sold 146,500 shares of company stock worth $8,984,912 over the last 90 days. Company insiders own 0.65% of the company’s stock.
Tractor Supply Stock Performance
Tractor Supply (NASDAQ:TSCO – Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%.The firm had revenue of $4.44 billion for the quarter, compared to analysts’ expectations of $4.40 billion. During the same period in the prior year, the business posted $3.93 earnings per share. The business’s revenue was up 4.5% compared to the same quarter last year. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, analysts predict that Tractor Supply Company will post 2.17 EPS for the current fiscal year.
Tractor Supply Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, August 25th were given a dividend of $0.23 per share. The ex-dividend date was Monday, August 25th. This represents a $0.92 dividend on an annualized basis and a yield of 1.6%. Tractor Supply’s dividend payout ratio is 45.10%.
Analysts Set New Price Targets
Several research analysts have recently issued reports on the stock. Truist Financial boosted their price objective on shares of Tractor Supply from $60.00 to $66.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Evercore ISI boosted their price target on Tractor Supply from $60.00 to $65.00 and gave the company an “in-line” rating in a research note on Friday, July 25th. Bank of America upgraded Tractor Supply from an “underperform” rating to a “buy” rating and set a $70.00 price target on the stock in a research note on Thursday, July 24th. The Goldman Sachs Group restated a “buy” rating on shares of Tractor Supply in a research note on Friday, July 25th. Finally, Wells Fargo & Company boosted their price objective on Tractor Supply from $63.00 to $65.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Thirteen analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $62.15.
Read Our Latest Analysis on Tractor Supply
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.
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