Windward Capital Management Co. CA Has $562,000 Holdings in Tractor Supply (NASDAQ:TSCO)

Windward Capital Management Co. CA trimmed its holdings in shares of Tractor Supply (NASDAQ:TSCO) by 11.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,081 shares of the specialty retailer’s stock after selling 282 shares during the quarter. Windward Capital Management Co. CA’s holdings in Tractor Supply were worth $562,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of TSCO. Vanguard Group Inc. lifted its stake in shares of Tractor Supply by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 12,804,873 shares of the specialty retailer’s stock worth $2,753,432,000 after buying an additional 48,439 shares during the last quarter. Capital International Investors raised its holdings in Tractor Supply by 7.6% in the 4th quarter. Capital International Investors now owns 6,233,852 shares of the specialty retailer’s stock worth $1,340,589,000 after acquiring an additional 439,954 shares during the period. Capital World Investors lifted its position in Tractor Supply by 10.0% during the 4th quarter. Capital World Investors now owns 5,849,188 shares of the specialty retailer’s stock worth $1,257,751,000 after acquiring an additional 531,170 shares during the last quarter. Wellington Management Group LLP boosted its holdings in Tractor Supply by 63.2% during the fourth quarter. Wellington Management Group LLP now owns 4,606,455 shares of the specialty retailer’s stock valued at $990,526,000 after acquiring an additional 1,784,304 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its position in shares of Tractor Supply by 12.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,330,621 shares of the specialty retailer’s stock valued at $871,691,000 after purchasing an additional 368,859 shares during the last quarter. 98.72% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Tractor Supply

In other Tractor Supply news, SVP Matthew L. Rubin sold 540 shares of the business’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $262.35, for a total value of $141,669.00. Following the transaction, the senior vice president now owns 5,170 shares of the company’s stock, valued at $1,356,349.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.24% of the company’s stock.

Tractor Supply Stock Down 0.1 %

Shares of NASDAQ TSCO opened at $270.59 on Friday. The business has a fifty day moving average of $265.32 and a two-hundred day moving average of $264.71. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.25 and a current ratio of 1.43. Tractor Supply has a 52-week low of $185.00 and a 52-week high of $290.38. The stock has a market cap of $29.19 billion, a PE ratio of 26.35, a PEG ratio of 3.42 and a beta of 0.80.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings results on Thursday, July 25th. The specialty retailer reported $3.93 earnings per share (EPS) for the quarter, meeting the consensus estimate of $3.93. The firm had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.28 billion. Tractor Supply had a net margin of 7.65% and a return on equity of 51.84%. The firm’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period last year, the firm posted $3.83 EPS. As a group, equities research analysts expect that Tractor Supply will post 10.23 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 10th. Investors of record on Monday, August 26th will be given a dividend of $1.10 per share. The ex-dividend date of this dividend is Monday, August 26th. This represents a $4.40 dividend on an annualized basis and a yield of 1.63%. Tractor Supply’s dividend payout ratio (DPR) is presently 42.84%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Truist Financial boosted their price objective on Tractor Supply from $289.00 to $293.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Wedbush reissued a “neutral” rating and issued a $270.00 price objective on shares of Tractor Supply in a research report on Friday, July 26th. Evercore ISI dropped their target price on shares of Tractor Supply from $290.00 to $280.00 and set an “outperform” rating on the stock in a research report on Friday, July 26th. Loop Capital increased their price target on shares of Tractor Supply from $250.00 to $260.00 and gave the company a “hold” rating in a report on Friday. Finally, Wells Fargo & Company boosted their price objective on shares of Tractor Supply from $285.00 to $295.00 and gave the stock an “overweight” rating in a report on Monday, July 22nd. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $256.72.

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.