Richwood Investment Advisors LLC Has $1.50 Million Stock Holdings in Tractor Supply Company $TSCO

Richwood Investment Advisors LLC increased its holdings in shares of Tractor Supply Company (NASDAQ:TSCOFree Report) by 1.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 28,355 shares of the specialty retailer’s stock after purchasing an additional 300 shares during the quarter. Tractor Supply makes up 1.2% of Richwood Investment Advisors LLC’s investment portfolio, making the stock its 16th largest position. Richwood Investment Advisors LLC’s holdings in Tractor Supply were worth $1,496,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. APG Asset Management N.V. grew its stake in 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 acquiring an additional 118,884 shares in the last quarter. Ameriprise Financial Inc. grew its position in Tractor Supply by 19.4% during the first quarter. Ameriprise Financial Inc. now owns 2,064,224 shares of the specialty retailer’s stock valued at $113,745,000 after purchasing an additional 335,563 shares in the last quarter. Bahl & Gaynor Inc. increased its stake in Tractor Supply by 31.0% in 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 during the period. Allspring Global Investments Holdings LLC lifted its position in Tractor Supply by 7.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 70,944 shares of the specialty retailer’s stock worth $3,911,000 after buying an additional 5,184 shares in the last quarter. Finally, Sowell Financial Services LLC boosted its stake 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 during the period. 98.72% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Denise L. Jackson sold 2,000 shares of the business’s stock in a transaction dated Thursday, July 10th. The stock was sold at an average price of $57.75, for a total transaction of $115,500.00. Following the completion of the transaction, the director owned 32,288 shares of the company’s stock, valued at approximately $1,864,632. The trade was a 5.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Colin Yankee sold 6,680 shares of the stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $58.40, for a total value of $390,112.00. Following the sale, the executive vice president owned 40,142 shares of the company’s stock, valued at approximately $2,344,292.80. The trade was a 14.27% decrease in their position. The disclosure for this sale can be found here. Insiders sold 106,045 shares of company stock worth $6,719,757 in the last 90 days. Insiders own 0.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TSCO. Truist Financial upped their price target on shares of Tractor Supply from $60.00 to $66.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Telsey Advisory Group set a $70.00 price target on Tractor Supply in a research note on Friday, July 25th. DA Davidson boosted their price target on Tractor Supply from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, July 25th. UBS Group raised their price objective on shares of Tractor Supply from $54.00 to $61.00 and gave the company a “neutral” rating in a research report on Friday, July 25th. Finally, Wolfe Research began coverage on shares of Tractor Supply in a research report on Thursday, September 18th. They issued an “outperform” rating and a $70.00 target price for the company. Fourteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $62.15.

View Our Latest Report on Tractor Supply

Tractor Supply Stock Down 2.0%

TSCO opened at $54.69 on Tuesday. The firm has a market cap of $28.98 billion, a P/E ratio of 26.84, a price-to-earnings-growth ratio of 2.86 and a beta of 0.73. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.16 and a current ratio of 1.28. The business has a 50 day moving average price of $59.38 and a 200 day moving average price of $54.92. Tractor Supply Company has a twelve month low of $46.85 and a twelve month high of $63.99.

Tractor Supply (NASDAQ:TSCOGet Free Report) last announced its quarterly earnings results 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 company had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.40 billion. During the same quarter last year, the company posted $3.93 earnings per share. The company’s revenue for the quarter 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. Research analysts forecast that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, August 25th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.7%. The ex-dividend date was Monday, August 25th. Tractor Supply’s dividend payout ratio (DPR) is 45.10%.

About Tractor Supply

(Free Report)

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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Institutional Ownership by Quarter for Tractor Supply (NASDAQ:TSCO)

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