Copeland Capital Management LLC Decreases Holdings in Tractor Supply Company $TSCO

Copeland Capital Management LLC trimmed its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 3.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,321 shares of the specialty retailer’s stock after selling 760 shares during the quarter. Copeland Capital Management LLC’s holdings in Tractor Supply were worth $1,072,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. APG Asset Management N.V. raised its position in shares of Tractor Supply by 33.3% during the 1st quarter. APG Asset Management N.V. now owns 475,484 shares of the specialty retailer’s stock valued at $24,254,000 after buying an additional 118,884 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of Tractor Supply by 19.4% during the 1st quarter. Ameriprise Financial Inc. now owns 2,064,224 shares of the specialty retailer’s stock valued at $113,745,000 after buying an additional 335,563 shares in the last quarter. Bahl & Gaynor Inc. raised its position in shares of Tractor Supply by 31.0% during the 1st quarter. Bahl & Gaynor Inc. now owns 177,636 shares of the specialty retailer’s stock valued at $9,788,000 after buying an additional 41,989 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Tractor Supply by 7.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 70,944 shares of the specialty retailer’s stock valued at $3,911,000 after buying an additional 5,184 shares in the last quarter. Finally, Sowell Financial Services LLC raised its position in shares of Tractor Supply by 49.3% during the 1st quarter. Sowell Financial Services LLC now owns 20,029 shares of the specialty retailer’s stock valued at $1,104,000 after buying an additional 6,612 shares in the last quarter. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Tractor Supply Stock Performance

Shares of NASDAQ:TSCO opened at $55.83 on Friday. The firm has a market cap of $29.59 billion, a PE ratio of 27.39, a price-to-earnings-growth ratio of 2.88 and a beta of 0.73. The firm’s 50 day simple moving average is $59.45 and its 200-day simple moving average is $54.87. Tractor Supply Company has a one year low of $46.85 and a one year high of $63.99. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.16 and a current ratio of 1.28.

Tractor Supply (NASDAQ:TSCO) last issued its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. The business had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.40 billion. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period last year, the company posted $3.93 earnings per share. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, equities analysts predict that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were paid 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 dividend yield of 1.6%. Tractor Supply’s dividend payout ratio (DPR) is currently 45.10%.

Insider Activity

In other news, Director Denise L. Jackson sold 4,630 shares of the stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $55.93, for a total transaction of $258,955.90. Following the transaction, the director directly owned 35,288 shares in the company, valued at approximately $1,973,657.84. This trade represents a 11.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Jonathan S. Estep sold 35,825 shares of the stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $56.00, for a total transaction of $2,006,200.00. Following the transaction, the executive vice president owned 74,605 shares in the company, valued at approximately $4,177,880. This represents a 32.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 146,500 shares of company stock valued at $8,984,912. 0.65% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

TSCO has been the topic of several recent research reports. Robert W. Baird upped their target price on shares of Tractor Supply from $56.00 to $61.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. Piper Sandler increased their price objective on shares of Tractor Supply from $66.00 to $67.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Truist Financial increased their price objective on shares of Tractor Supply from $60.00 to $66.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Bank of America raised shares of Tractor Supply from an “underperform” rating to a “buy” rating and set a $70.00 price objective on the stock in a research report on Thursday, July 24th. Finally, DA Davidson increased their price objective on shares of Tractor Supply from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Fourteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $62.15.

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.