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

Chilton Capital Management LLC decreased its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 27.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,940 shares of the specialty retailer’s stock after selling 745 shares during the quarter. Chilton Capital Management LLC’s holdings in Tractor Supply were worth $102,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. GW&K Investment Management LLC lifted its position 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 last quarter. Opal Wealth Advisors LLC bought a new position in shares of Tractor Supply in the 2nd quarter valued at approximately $35,000. Financial Gravity Asset Management Inc. acquired a new stake in Tractor Supply in the 1st quarter worth approximately $39,000. Zions Bancorporation National Association UT bought a new stake in Tractor Supply during the first quarter worth approximately $41,000. Finally, Smallwood Wealth Investment Management LLC acquired a new position in Tractor Supply during the first quarter valued at approximately $41,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

Tractor Supply Stock Performance

NASDAQ:TSCO opened at $56.28 on Monday. The firm’s 50-day moving average is $58.21 and its 200-day moving average is $55.14. The company has a market cap of $29.83 billion, a price-to-earnings ratio of 27.06, a PEG 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. 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 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. Tractor Supply had a return on equity of 46.18% and a net margin of 7.18%.The business had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.72 billion. During the same period last year, the business earned $0.45 earnings per share. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. Tractor Supply has set its FY 2025 guidance at 2.060-2.130 EPS. Equities research analysts anticipate that Tractor Supply Company will post 2.17 earnings per share for the current 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 given a dividend of $0.23 per share. The ex-dividend date was Monday, August 25th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.6%. Tractor Supply’s payout ratio is currently 44.23%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on TSCO. The Goldman Sachs Group restated a “buy” rating on shares of Tractor Supply in a research note on Friday, July 25th. Piper Sandler boosted their target price 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 report on Friday, July 25th. Weiss Ratings reiterated a “buy (b)” rating on shares of Tractor Supply in a research note on Friday. Finally, Citigroup increased their target price on Tractor Supply from $62.00 to $66.00 and gave the company a “buy” rating in a research note on Friday. Fifteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $63.60.

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.