J. Safra Sarasin Holding AG Takes Position in Tractor Supply Company $TSCO

J. Safra Sarasin Holding AG purchased a new stake in shares of Tractor Supply Company (NASDAQ:TSCO) during the second quarter, HoldingsChannel.com reports. The fund purchased 5,780 shares of the specialty retailer’s stock, valued at approximately $305,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GW&K Investment Management LLC boosted its holdings 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 purchased a new position in shares of Tractor Supply in the second quarter worth approximately $35,000. Financial Gravity Asset Management Inc. purchased a new position in shares of Tractor Supply in the first quarter worth approximately $39,000. Zions Bancorporation National Association UT purchased a new position in shares of Tractor Supply in the first quarter worth approximately $41,000. Finally, Smallwood Wealth Investment Management LLC purchased a new position in shares of Tractor Supply in the first quarter worth approximately $41,000. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TSCO. Wells Fargo & Company raised their price objective on shares of Tractor Supply from $63.00 to $65.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. UBS Group raised their target price on shares of Tractor Supply from $54.00 to $61.00 and gave the stock a “neutral” rating in a research note on Friday, July 25th. JPMorgan Chase & Co. raised their target price on shares of Tractor Supply from $56.00 to $65.00 and gave the stock a “neutral” rating in a research note on Monday, July 21st. Loop Capital raised their target price on shares of Tractor Supply from $48.00 to $60.00 and gave the stock a “hold” rating in a research note on Friday, July 25th. Finally, Bank of America upgraded shares of Tractor Supply from an “underperform” rating to a “buy” rating and set a $70.00 target price on the stock in a research note on Thursday, July 24th. Fourteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $62.15.

Insider Activity at Tractor Supply

In other Tractor Supply news, EVP Jonathan S. Estep sold 35,825 shares of Tractor Supply stock in a transaction on Monday, July 7th. The shares were sold at an average price of $56.00, for a total transaction of $2,006,200.00. Following the completion of the transaction, the executive vice president directly owned 74,605 shares of the company’s stock, valued at $4,177,880. The trade was a 32.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Noni L. Ellison sold 5,200 shares of Tractor Supply stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $63.96, for a total transaction of $332,592.00. Following the transaction, the senior vice president directly owned 28,639 shares of the company’s stock, valued at $1,831,750.44. The trade was a 15.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 146,500 shares of company stock valued at $8,984,912 over the last three months. Corporate insiders own 0.65% of the company’s stock.

Tractor Supply Trading Down 0.7%

TSCO stock opened at $55.83 on Friday. The firm has a fifty day moving average price of $59.45 and a 200 day moving average price of $54.89. Tractor Supply Company has a fifty-two week low of $46.85 and a fifty-two week high of $63.99. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.16 and a current ratio of 1.28. The firm has a market cap of $29.59 billion, a PE ratio of 27.39, a price-to-earnings-growth ratio of 2.86 and a beta of 0.73.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $0.81 EPS for the quarter, topping the consensus estimate of $0.80 by $0.01. The company had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.40 billion. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. Tractor Supply’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.93 earnings per share. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. Sell-side analysts anticipate that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Shareholders of record on Monday, August 25th were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Monday, August 25th. Tractor Supply’s payout ratio is presently 45.10%.

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.