Tractor Supply Company $TSCO Shares Sold by Morey & Quinn Wealth Partners LLC

Morey & Quinn Wealth Partners LLC cut its position in Tractor Supply Company (NASDAQ:TSCO) by 3.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,287 shares of the specialty retailer’s stock after selling 250 shares during the quarter. Morey & Quinn Wealth Partners LLC’s holdings in Tractor Supply were worth $385,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. GW&K Investment Management LLC grew its stake in shares of Tractor Supply by 89.3% in the first quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 226 shares in the last quarter. Opal Wealth Advisors LLC acquired a new stake in shares of Tractor Supply in the second quarter valued at $35,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Tractor Supply in the first quarter valued at $39,000. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Tractor Supply in the first quarter valued at $41,000. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of Tractor Supply in the first quarter valued at $41,000. 98.72% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Tractor Supply

In other news, CFO Kurt D. Barton sold 90,000 shares of the business’s stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $63.96, for a total value of $5,756,400.00. Following the completion of the sale, the chief financial officer directly owned 47,715 shares of the company’s stock, valued at approximately $3,051,851.40. The trade was a 65.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Colin Yankee sold 6,680 shares of the business’s stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $58.40, for a total value of $390,112.00. Following the completion of the sale, the executive vice president directly owned 40,142 shares of the company’s stock, valued at $2,344,292.80. The trade was a 14.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 103,045 shares of company stock valued at $6,547,257 over the last quarter. Company insiders own 0.65% of the company’s stock.

Tractor Supply Stock Up 0.4%

Shares of NASDAQ TSCO opened at $53.92 on Thursday. The company has a market capitalization of $28.57 billion, a price-to-earnings ratio of 26.46, a price-to-earnings-growth ratio of 2.75 and a beta of 0.73. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.28 and a quick ratio of 0.16. The business has a 50-day moving average of $59.20 and a two-hundred day moving average of $54.91. Tractor Supply Company has a 1 year low of $46.85 and a 1 year high of $63.99.

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

Tractor Supply Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Raymond James Financial reaffirmed an “outperform” rating and issued a $65.00 price objective (up from $57.00) on shares of Tractor Supply in a research note on Friday, July 25th. Wells Fargo & Company boosted their target price on Tractor Supply from $63.00 to $65.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Weiss Ratings reissued a “buy (b)” rating on shares of Tractor Supply in a research note on Wednesday. Robert W. Baird boosted their target price on Tractor Supply from $56.00 to $61.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Finally, JPMorgan Chase & Co. boosted their target price on Tractor Supply from $56.00 to $65.00 and gave the stock a “neutral” rating in a research note on Monday, July 21st. Fourteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, Tractor Supply presently has a consensus rating of “Moderate Buy” and an average target price of $61.90.

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.