New York State Teachers Retirement System Decreases Position in Tractor Supply Company $TSCO

New York State Teachers Retirement System reduced its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 0.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 440,610 shares of the specialty retailer’s stock after selling 194 shares during the quarter. New York State Teachers Retirement System’s holdings in Tractor Supply were worth $23,251,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of TSCO. GW&K Investment Management LLC increased 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 worth $26,000 after buying an additional 226 shares during the period. Opal Wealth Advisors LLC purchased a new position in Tractor Supply during the 2nd quarter valued at about $35,000. Financial Gravity Asset Management Inc. bought a new position in Tractor Supply during the 1st quarter valued at approximately $39,000. Zions Bancorporation National Association UT purchased a new position in shares of Tractor Supply during the first quarter valued at approximately $41,000. Finally, Smallwood Wealth Investment Management LLC purchased a new stake in Tractor Supply in the first quarter worth $41,000. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Tractor Supply

In other Tractor Supply news, EVP Colin Yankee sold 6,680 shares of the stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $58.40, for a total value of $390,112.00. Following the transaction, the executive vice president directly owned 40,142 shares in the company, valued at approximately $2,344,292.80. This trade represents a 14.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Noni L. Ellison sold 5,200 shares of Tractor Supply stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $63.96, for a total value of $332,592.00. Following the transaction, the senior vice president owned 28,639 shares in the company, valued at $1,831,750.44. This trade represents a 15.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 103,045 shares of company stock worth $6,547,257. 0.65% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

TSCO has been the subject of several research reports. DA Davidson upped their price objective on shares of Tractor Supply from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Bank of America raised Tractor Supply from an “underperform” rating to a “buy” rating and set a $70.00 price objective for the company in a research report on Thursday, July 24th. Evercore ISI dropped their price target on Tractor Supply from $65.00 to $60.00 and set an “in-line” rating on the stock in a research report on Tuesday, October 7th. Citigroup upgraded Tractor Supply from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $60.00 to $62.00 in a research note on Thursday, October 9th. Finally, Piper Sandler raised their price target on Tractor Supply from $66.00 to $67.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Fifteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $62.45.

Tractor Supply Stock Performance

Shares of NASDAQ TSCO opened at $55.20 on Friday. The firm’s 50-day moving average price is $58.63 and its 200-day moving average price is $54.96. Tractor Supply Company has a 52-week low of $46.85 and a 52-week high of $63.99. The company has a market cap of $29.25 billion, a PE ratio of 27.09, a PEG ratio of 2.83 and a beta of 0.73. The company has a quick ratio of 0.16, a current ratio of 1.28 and a debt-to-equity ratio of 0.68.

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, beating 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 company had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.40 billion. During the same quarter in the prior year, the firm earned $3.93 earnings per share. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, analysts anticipate that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Dividend Announcement

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

Tractor Supply Company 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.