Creative Planning Has $9.05 Million Holdings in Tractor Supply Company $TSCO

Creative Planning raised its holdings in Tractor Supply Company (NASDAQ:TSCO) by 0.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 171,520 shares of the specialty retailer’s stock after acquiring an additional 1,456 shares during the period. Creative Planning’s holdings in Tractor Supply were worth $9,051,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of TSCO. SG Americas Securities LLC lifted its holdings in shares of Tractor Supply by 2,509.3% during the 2nd quarter. SG Americas Securities LLC now owns 524,126 shares of the specialty retailer’s stock valued at $27,658,000 after purchasing an additional 504,039 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Tractor Supply by 6.4% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 130,035 shares of the specialty retailer’s stock worth $6,862,000 after buying an additional 7,871 shares during the period. Security Financial Services INC. lifted its stake in Tractor Supply by 25.0% in the second quarter. Security Financial Services INC. now owns 7,426 shares of the specialty retailer’s stock valued at $392,000 after buying an additional 1,483 shares in the last quarter. Foundations Investment Advisors LLC acquired a new position in shares of Tractor Supply in the second quarter valued at approximately $322,000. Finally, Islay Capital Management LLC increased its position in shares of Tractor Supply by 2.5% during the second quarter. Islay Capital Management LLC now owns 19,174 shares of the specialty retailer’s stock worth $1,012,000 after acquiring an additional 475 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors.

Tractor Supply Stock Down 0.3%

Tractor Supply stock opened at $53.53 on Wednesday. The company has a current ratio of 1.30, a quick ratio of 0.14 and a debt-to-equity ratio of 0.69. Tractor Supply Company has a 1-year low of $46.85 and a 1-year high of $63.99. The company has a fifty day simple moving average of $55.94 and a 200 day simple moving average of $55.67. The company has a market cap of $28.29 billion, a P/E ratio of 25.74, a price-to-earnings-growth ratio of 2.90 and a beta of 0.71.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings results on Thursday, October 23rd. The specialty retailer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.48 by $0.01. Tractor Supply had a net margin of 7.18% and a return on equity of 46.18%. The firm had revenue of $3.72 billion for the quarter, compared to analysts’ expectations of $3.72 billion. During the same period in the previous year, the firm posted $0.45 EPS. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. Tractor Supply has set its FY 2025 guidance at 2.060-2.130 EPS. Research analysts anticipate that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 9th. Investors of record on Monday, November 24th will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Monday, November 24th. This represents a $0.92 annualized dividend and a yield of 1.7%. Tractor Supply’s dividend payout ratio is 44.23%.

Analysts Set New Price Targets

Several equities research analysts recently commented on TSCO shares. Morgan Stanley raised shares of Tractor Supply from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $50.00 to $60.00 in a research report on Friday, October 24th. Robert W. Baird lifted their price target on Tractor Supply from $65.00 to $67.00 and gave the company an “outperform” rating in a research note on Friday, October 24th. Raymond James Financial restated an “outperform” rating and issued a $65.00 price target (up from $57.00) on shares of Tractor Supply in a report on Friday, July 25th. UBS Group increased their price objective on Tractor Supply from $54.00 to $61.00 and gave the stock a “neutral” rating in a report on Friday, July 25th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Tractor Supply in a research report on Friday, July 25th. Fifteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $63.95.

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.