GHP Investment Advisors Inc. Decreases Stake in Tractor Supply Company $TSCO

GHP Investment Advisors Inc. decreased its stake in Tractor Supply Company (NASDAQ:TSCO) by 30.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 139,690 shares of the specialty retailer’s stock after selling 62,598 shares during the period. GHP Investment Advisors Inc.’s holdings in Tractor Supply were worth $4,416,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in TSCO. Bison Wealth LLC boosted its stake in shares of Tractor Supply by 356.1% during the 4th quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock worth $341,000 after acquiring an additional 5,017 shares in the last quarter. Woodline Partners LP grew its holdings in shares of Tractor Supply by 40.7% in the 1st quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock worth $2,487,000 after acquiring an additional 13,051 shares during the period. Intech Investment Management LLC increased its stake in Tractor Supply by 26.9% in the 1st quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock valued at $1,442,000 after purchasing an additional 5,542 shares in the last quarter. Sei Investments Co. increased its stake in Tractor Supply by 1.2% in the 2nd quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock valued at $16,676,000 after purchasing an additional 3,631 shares in the last quarter. Finally, Glenview Trust co raised its holdings in Tractor Supply by 36.0% during the second quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock worth $1,036,000 after purchasing an additional 5,194 shares during the last quarter. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Tractor Supply Price Performance

TSCO opened at $36.43 on Thursday. Tractor Supply Company has a 52-week low of $28.36 and a 52-week high of $62.89. The company has a 50 day moving average of $31.13 and a two-hundred day moving average of $39.50. The company has a market cap of $19.11 billion, a P/E ratio of 18.97, a P/E/G ratio of 11.48 and a beta of 0.47. The company has a quick ratio of 0.23, a current ratio of 1.33 and a debt-to-equity ratio of 0.83.

Tractor Supply (NASDAQ:TSCO) last announced its earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.01). Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The company had revenue of $4.54 billion for the quarter, compared to analysts’ expectations of $4.58 billion. During the same quarter in the previous year, the business posted $0.81 earnings per share. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. On average, analysts expect that Tractor Supply Company will post 1.93 earnings per share for the current year.

Tractor Supply Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Monday, August 24th. Tractor Supply’s payout ratio is 50.00%.

Insider Activity at Tractor Supply

In other news, Director Edna Morris purchased 1,560 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average cost of $32.44 per share, with a total value of $50,606.40. Following the transaction, the director owned 279,720 shares in the company, valued at approximately $9,074,116.80. The trade was a 0.56% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Harry A. Lawton III acquired 15,600 shares of Tractor Supply stock in a transaction that occurred on Tuesday, August 4th. The shares were purchased at an average price of $32.15 per share, for a total transaction of $501,540.00. Following the completion of the purchase, the chief executive officer directly owned 15,600 shares of the company’s stock, valued at $501,540. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have bought 20,310 shares of company stock valued at $652,411. Corporate insiders own 0.64% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on TSCO. Gordon Haskett boosted their target price on Tractor Supply from $40.00 to $50.00 in a research report on Friday, June 12th. Evercore restated an “outperform” rating and issued a $40.00 price target on shares of Tractor Supply in a research report on Tuesday, July 7th. Morgan Stanley reaffirmed a “negative” rating and set a $35.00 price target on shares of Tractor Supply in a research note on Friday, July 24th. Daiwa Securities Group decreased their price objective on shares of Tractor Supply from $52.00 to $41.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Finally, Weiss Ratings cut shares of Tractor Supply from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, July 23rd. Thirteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $39.31.

About Tractor Supply

Tractor Supply Company (NASDAQ: TSCO) is a specialty retailer focused on products for the home, farm, ranch and outdoors. The company operates a network of physical retail locations complemented by an e-commerce platform, offering a one-stop source of supplies and equipment for customers with rural and suburban lifestyles. Its merchandise assortment targets a range of needs, from animal and livestock care to maintenance, outdoor power equipment, and seasonal products.

Product categories include animal feed and supplies, pet products, fencing and fencing supplies, equine equipment, lawn and garden tools, work clothing and footwear, and small agricultural and outdoor power equipment.