Mainstay Capital Management LLC ADV Buys Shares of 4,096 Tractor Supply Company $TSCO

Mainstay Capital Management LLC ADV bought a new stake in shares of Tractor Supply Company (NASDAQ:TSCO) in the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,096 shares of the specialty retailer’s stock, valued at approximately $216,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Tractor Supply by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 66,631,422 shares of the specialty retailer’s stock valued at $3,671,391,000 after purchasing an additional 2,597,450 shares during the period. Wellington Management Group LLP boosted its stake in Tractor Supply by 16.0% during the 1st quarter. Wellington Management Group LLP now owns 27,604,769 shares of the specialty retailer’s stock valued at $1,521,023,000 after purchasing an additional 3,815,520 shares during the period. Alliancebernstein L.P. boosted its stake in Tractor Supply by 10.8% during the 1st quarter. Alliancebernstein L.P. now owns 24,664,907 shares of the specialty retailer’s stock valued at $1,359,036,000 after purchasing an additional 2,408,373 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Tractor Supply by 14.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,927,641 shares of the specialty retailer’s stock valued at $657,214,000 after purchasing an additional 1,510,489 shares during the period. Finally, Select Equity Group L.P. boosted its stake in Tractor Supply by 16.8% during the 1st quarter. Select Equity Group L.P. now owns 8,959,995 shares of the specialty retailer’s stock valued at $493,696,000 after purchasing an additional 1,290,771 shares during the period. 98.72% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TSCO has been the subject of a number of analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Tractor Supply from $56.00 to $65.00 and gave the company a “neutral” rating in a research note on Monday, July 21st. Piper Sandler boosted their price target 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. Raymond James Financial restated an “outperform” rating and set a $65.00 price target (up from $57.00) on shares of Tractor Supply in a research report on Friday, July 25th. The Goldman Sachs Group restated a “buy” rating on shares of Tractor Supply in a research report on Friday, July 25th. Finally, Robert W. Baird boosted their price target on shares of Tractor Supply from $56.00 to $61.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. Fifteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $62.45.

Tractor Supply Stock Up 0.6%

NASDAQ TSCO opened at $54.22 on Friday. 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 company’s 50 day simple moving average is $59.15 and its 200 day simple moving average is $54.91. Tractor Supply Company has a 12 month low of $46.85 and a 12 month high of $63.99. The company has a market capitalization of $28.73 billion, a P/E ratio of 26.60, a PEG ratio of 2.76 and a beta of 0.73.

Tractor Supply (NASDAQ:TSCO) last released 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. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The business had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.40 billion. During the same period in the previous year, the firm earned $3.93 EPS. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. Equities research analysts expect that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The firm 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 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Monday, August 25th. Tractor Supply’s payout ratio is presently 45.10%.

Insider Buying and Selling at Tractor Supply

In other news, CFO Kurt D. Barton sold 90,000 shares of Tractor Supply stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $63.96, for a total value of $5,756,400.00. Following the transaction, the chief financial officer directly owned 47,715 shares of the company’s stock, valued at $3,051,851.40. This trade represents a 65.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Denise L. Jackson sold 1,165 shares of Tractor Supply stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $58.50, for a total transaction of $68,152.50. Following the completion of the transaction, the director directly owned 31,123 shares in the company, valued at approximately $1,820,695.50. This trade represents a 3.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 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 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.