Independent Wealth Network Inc. Purchases 221 Shares of Tractor Supply Company $TSCO

Independent Wealth Network Inc. increased its holdings in Tractor Supply Company (NASDAQ:TSCO) by 5.1% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,556 shares of the specialty retailer’s stock after buying an additional 221 shares during the period. Independent Wealth Network Inc.’s holdings in Tractor Supply were worth $240,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of TSCO. Bison Wealth LLC increased its holdings in Tractor Supply by 356.1% during the fourth quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock valued at $341,000 after buying an additional 5,017 shares during the period. GTS Securities LLC boosted its stake in shares of Tractor Supply by 1,950.2% in the 4th quarter. GTS Securities LLC now owns 4,237 shares of the specialty retailer’s stock valued at $225,000 after buying an additional 4,466 shares during the period. MassMutual Private Wealth & Trust FSB boosted its holdings in Tractor Supply by 21.8% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,829 shares of the specialty retailer’s stock valued at $101,000 after purchasing an additional 327 shares in the last quarter. First Hawaiian Bank grew its holdings in shares of Tractor Supply by 13.3% during the first quarter. First Hawaiian Bank now owns 7,194 shares of the specialty retailer’s stock worth $396,000 after buying an additional 844 shares during the last quarter. Finally, Versant Capital Management Inc lifted its position in Tractor Supply by 116.5% in the first quarter. Versant Capital Management Inc now owns 1,862 shares of the specialty retailer’s stock valued at $103,000 after purchasing an additional 1,002 shares during the period. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Tractor Supply Stock Up 0.2%

Shares of NASDAQ TSCO opened at $56.52 on Friday. 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 Company has a 52-week low of $46.85 and a 52-week high of $63.99. The firm has a market capitalization of $29.95 billion, a price-to-earnings ratio of 27.73, a PEG ratio of 2.90 and a beta of 0.76. The stock has a 50 day moving average price of $59.71 and a 200 day moving average price of $54.75.

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

Tractor Supply Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, August 25th were given 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 dividend payout ratio (DPR) is presently 45.10%.

Insider Transactions at Tractor Supply

In other news, CFO Kurt D. Barton sold 90,000 shares of the company’s stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $63.96, for a total transaction of $5,756,400.00. Following the completion of the transaction, the chief financial officer directly owned 47,715 shares in the company, valued at approximately $3,051,851.40. This represents a 65.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Denise L. Jackson sold 1,165 shares of the stock in a transaction on Tuesday, July 22nd. The shares were sold at an average price of $58.50, for a total value of $68,152.50. Following the transaction, the director directly owned 31,123 shares of the company’s stock, 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. Over the last quarter, insiders sold 148,050 shares of company stock worth $9,070,162. 0.65% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on TSCO shares. Bank of America raised shares of Tractor Supply from an “underperform” rating to a “buy” rating and set a $70.00 target price on the stock in a research report on Thursday, July 24th. Evercore ISI increased their target price on shares of Tractor Supply from $60.00 to $65.00 and gave the stock an “in-line” rating in a research report on Friday, July 25th. Truist Financial upped their target price 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. Raymond James Financial restated an “outperform” rating and issued a $65.00 price target (up from $57.00) on shares of Tractor Supply in a research note 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 report on Friday, July 25th. Thirteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Tractor Supply currently has a consensus rating of “Moderate Buy” and an average price target of $62.15.

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.