Tractor Supply Company $TSCO Stock Holdings Decreased by Perigon Wealth Management LLC

Perigon Wealth Management LLC reduced its position in Tractor Supply Company (NASDAQ:TSCO) by 7.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,836 shares of the specialty retailer’s stock after selling 2,622 shares during the period. Perigon Wealth Management LLC’s holdings in Tractor Supply were worth $1,786,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Hancock Whitney Corp increased its position in shares of Tractor Supply by 2.0% in the first quarter. Hancock Whitney Corp now owns 9,849 shares of the specialty retailer’s stock worth $543,000 after acquiring an additional 194 shares in the last quarter. Nissay Asset Management Corp Japan ADV grew its position in Tractor Supply by 0.3% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 66,483 shares of the specialty retailer’s stock valued at $3,663,000 after purchasing an additional 208 shares in the last quarter. Wedmont Private Capital grew its position in Tractor Supply by 2.5% during the first quarter. Wedmont Private Capital now owns 8,714 shares of the specialty retailer’s stock valued at $450,000 after purchasing an additional 212 shares in the last quarter. Creative Financial Designs Inc. ADV grew its position in Tractor Supply by 30.1% during the first quarter. Creative Financial Designs Inc. ADV now owns 920 shares of the specialty retailer’s stock valued at $51,000 after purchasing an additional 213 shares in the last quarter. Finally, Independent Wealth Network Inc. grew its position in Tractor Supply by 5.2% during the first quarter. Independent Wealth Network Inc. now owns 4,335 shares of the specialty retailer’s stock valued at $239,000 after purchasing an additional 215 shares in the last quarter. 98.72% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Evercore ISI boosted their price objective on shares of Tractor Supply from $60.00 to $65.00 and gave the company an “in-line” rating in a research report on Friday, July 25th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Tractor Supply in a research report on Friday, July 25th. UBS Group boosted 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. Bank of America raised shares of Tractor Supply from an “underperform” rating to a “buy” rating and set a $70.00 price objective on the stock in a research report on Thursday, July 24th. Finally, Wolfe Research assumed coverage on shares of Tractor Supply in a research report on Thursday, September 18th. They set an “outperform” rating and a $70.00 price objective on the stock. Thirteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $62.15.

Insiders Place Their Bets

In other news, CFO Kurt D. Barton sold 90,000 shares of the business’s stock in a transaction 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 completion of the sale, the chief financial officer directly owned 47,715 shares in the company, valued at approximately $3,051,851.40. The trade was a 65.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Noni L. Ellison sold 5,200 shares of the business’s stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $63.96, for a total transaction of $332,592.00. Following the completion of the sale, the senior vice president owned 28,639 shares of the company’s stock, valued at $1,831,750.44. The trade was a 15.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 148,050 shares of company stock valued at $9,070,162 in the last three months. Company insiders own 0.65% of the company’s stock.

Tractor Supply Price Performance

NASDAQ TSCO opened at $56.52 on Friday. The company has a quick ratio of 0.16, a current ratio of 1.28 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $29.95 billion, a PE ratio of 27.73, a price-to-earnings-growth ratio of 2.90 and a beta of 0.76. The company has a 50 day moving average price of $59.71 and a two-hundred day moving average price of $54.75. Tractor Supply Company has a 12-month low of $46.85 and a 12-month high of $63.99.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share 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 during the quarter, compared to analysts’ expectations of $4.40 billion. During the same period in the previous year, the company earned $3.93 earnings per share. Tractor Supply’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. As a group, equities analysts predict that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Monday, August 25th. Tractor Supply’s payout ratio is presently 45.10%.

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.