Chilton Capital Management LLC Sells 745 Shares of Tractor Supply Company $TSCO

Chilton Capital Management LLC trimmed its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 27.7% during the second quarter, Holdings Channel reports. The firm owned 1,940 shares of the specialty retailer’s stock after selling 745 shares during the period. Chilton Capital Management LLC’s holdings in Tractor Supply were worth $102,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Nisa Investment Advisors LLC lifted its position in shares of Tractor Supply by 4.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 153,797 shares of the specialty retailer’s stock worth $8,116,000 after buying an additional 6,953 shares during the period. Hixon Zuercher LLC raised its stake in Tractor Supply by 2.4% during the second quarter. Hixon Zuercher LLC now owns 28,013 shares of the specialty retailer’s stock worth $1,478,000 after acquiring an additional 649 shares in the last quarter. Richards Merrill & Peterson Inc. lifted its holdings in shares of Tractor Supply by 2.7% during the second quarter. Richards Merrill & Peterson Inc. now owns 16,740 shares of the specialty retailer’s stock valued at $883,000 after acquiring an additional 435 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Tractor Supply by 2.5% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,250,470 shares of the specialty retailer’s stock valued at $65,987,000 after purchasing an additional 31,065 shares in the last quarter. Finally, Moloney Securities Asset Management LLC grew its holdings in shares of Tractor Supply by 3.5% in the 2nd quarter. Moloney Securities Asset Management LLC now owns 12,530 shares of the specialty retailer’s stock worth $661,000 after purchasing an additional 422 shares during the last quarter. 98.72% of the stock is owned by institutional investors and hedge funds.

Tractor Supply Stock Down 0.1%

NASDAQ:TSCO opened at $56.28 on Monday. The company has a market cap of $29.83 billion, a price-to-earnings ratio of 27.06, a P/E/G ratio of 2.89 and a beta of 0.73. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.14 and a current ratio of 1.30. The stock’s fifty day moving average price is $58.21 and its two-hundred day moving average price is $55.14. Tractor Supply Company has a 52-week low of $46.85 and a 52-week high of $63.99.

Tractor Supply (NASDAQ:TSCO) last released its earnings results on Thursday, October 23rd. The specialty retailer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.48 by $0.01. Tractor Supply had a return on equity of 46.18% and a net margin of 7.18%.The company had revenue of $3.72 billion during the quarter, compared to analysts’ expectations of $3.72 billion. During the same period last year, the firm earned $0.45 EPS. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. Tractor Supply has set its FY 2025 guidance at 2.060-2.130 EPS. On average, analysts anticipate that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Shareholders of record on Monday, August 25th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Monday, August 25th. Tractor Supply’s payout ratio is currently 44.23%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TSCO. Mizuho lifted their price target on shares of Tractor Supply from $64.00 to $65.00 and gave the company an “outperform” rating in a report on Friday. Wall Street Zen upgraded shares of Tractor Supply from a “sell” rating to a “hold” rating in a research note on Saturday, July 26th. Weiss Ratings restated a “buy (b)” rating on shares of Tractor Supply in a research report on Friday. Raymond James Financial reiterated an “outperform” rating and issued a $65.00 price objective (up previously from $57.00) on shares of Tractor Supply in a research report on Friday, July 25th. Finally, Loop Capital boosted their price objective on Tractor Supply from $48.00 to $60.00 and gave the stock a “hold” rating in a research note on Friday, July 25th. Fifteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $63.60.

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.