Confluence Wealth Services Inc. Decreases Holdings in Tractor Supply Company $TSCO

Confluence Wealth Services Inc. reduced its position in Tractor Supply Company (NASDAQ:TSCO) by 4.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,410 shares of the specialty retailer’s stock after selling 565 shares during the period. Confluence Wealth Services Inc.’s holdings in Tractor Supply were worth $708,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. GW&K Investment Management LLC raised its stake in shares of Tractor Supply by 89.3% during the 1st 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 purchased a new position in Tractor Supply during the 2nd quarter valued at about $35,000. Financial Gravity Asset Management Inc. acquired a new position in Tractor Supply during the first quarter worth about $39,000. Zions Bancorporation National Association UT purchased a new stake in shares of Tractor Supply in the first quarter valued at about $41,000. Finally, Smallwood Wealth Investment Management LLC acquired a new stake in shares of Tractor Supply in the first quarter valued at approximately $41,000. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Tractor Supply

In other Tractor Supply news, SVP Noni L. Ellison sold 5,200 shares of the company’s stock in a transaction dated 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 directly owned 28,639 shares in the company, valued at $1,831,750.44. This represents a 15.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Colin Yankee sold 6,680 shares of the firm’s stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $58.40, for a total value of $390,112.00. Following the completion of the transaction, the executive vice president 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 disclosure for this sale can be found here. Insiders sold 106,045 shares of company stock valued at $6,719,757 over the last quarter. 0.65% of the stock is currently owned by corporate insiders.

Tractor Supply Stock Down 2.0%

Shares of NASDAQ:TSCO opened at $54.69 on Tuesday. The company has a current ratio of 1.28, a quick ratio of 0.16 and a debt-to-equity ratio of 0.68. The firm has a market cap of $28.98 billion, a price-to-earnings ratio of 26.84, a PEG ratio of 2.86 and a beta of 0.73. The stock’s 50-day moving average price is $59.38 and its two-hundred day moving average price is $54.92. Tractor Supply Company has a 12-month low of $46.85 and a 12-month high of $63.99.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $4.40 billion. During the same period in the prior year, the firm posted $3.93 EPS. The company’s revenue was up 4.5% on a year-over-year basis. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. On average, research analysts forecast that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on TSCO shares. UBS Group lifted their price objective on Tractor Supply from $54.00 to $61.00 and gave the stock a “neutral” rating in a research report on Friday, July 25th. The Goldman Sachs Group restated a “buy” rating on shares of Tractor Supply in a research report on Friday, July 25th. Wolfe Research initiated coverage on Tractor Supply in a research note on Thursday, September 18th. They set an “outperform” rating and a $70.00 price objective on the stock. Evercore ISI boosted their target price on shares of Tractor Supply from $60.00 to $65.00 and gave the company an “in-line” rating in a research note on Friday, July 25th. Finally, Robert W. Baird raised their price target on shares of Tractor Supply from $56.00 to $61.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Fourteen 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 presently has an average rating of “Moderate Buy” and an average target price 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.