Tractor Supply (NASDAQ:TSCO) Stock Holdings Lifted by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC increased its position in Tractor Supply (NASDAQ:TSCO - Free Report) by 482.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,500 shares of the specialty retailer's stock after buying an additional 3,727 shares during the quarter. Moloney Securities Asset Management LLC's holdings in Tractor Supply were worth $1,309,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Henrickson Nauta Wealth Advisors Inc. raised its position in Tractor Supply by 3.2% in the third quarter. Henrickson Nauta Wealth Advisors Inc. now owns 1,127 shares of the specialty retailer's stock valued at $328,000 after purchasing an additional 35 shares during the period. Private Advisor Group LLC grew its stake in shares of Tractor Supply by 0.5% during the third quarter. Private Advisor Group LLC now owns 7,693 shares of the specialty retailer's stock valued at $2,238,000 after acquiring an additional 37 shares in the last quarter. Signature Wealth Management Group grew its stake in shares of Tractor Supply by 0.5% during the second quarter. Signature Wealth Management Group now owns 6,999 shares of the specialty retailer's stock valued at $1,890,000 after acquiring an additional 38 shares in the last quarter. X Square Capital LLC grew its stake in shares of Tractor Supply by 1.6% during the second quarter. X Square Capital LLC now owns 2,579 shares of the specialty retailer's stock valued at $696,000 after acquiring an additional 41 shares in the last quarter. Finally, TCI Wealth Advisors Inc. grew its stake in shares of Tractor Supply by 5.1% during the third quarter. TCI Wealth Advisors Inc. now owns 846 shares of the specialty retailer's stock valued at $246,000 after acquiring an additional 41 shares in the last quarter. 98.72% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, SVP Matthew L. Rubin sold 540 shares of Tractor Supply stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $262.35, for a total transaction of $141,669.00. Following the sale, the senior vice president now owns 5,170 shares of the company's stock, valued at approximately $1,356,349.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, CFO Kurt D. Barton sold 23,532 shares of the business's stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $295.64, for a total transaction of $6,957,000.48. Following the sale, the chief financial officer now owns 9,683 shares of the company's stock, valued at $2,862,682.12. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Matthew L. Rubin sold 540 shares of the business's stock in a transaction that occurred 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 sale, the senior vice president now directly owns 5,170 shares in the company, valued at approximately $1,356,349.50. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.58% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Robert W. Baird set a $320.00 target price on Tractor Supply in a research note on Thursday, October 17th. Wedbush restated a "neutral" rating and set a $270.00 target price on shares of Tractor Supply in a research note on Friday, October 25th. Mizuho raised their target price on Tractor Supply from $250.00 to $270.00 and gave the company a "neutral" rating in a research note on Friday, October 25th. JPMorgan Chase & Co. raised their target price on Tractor Supply from $260.00 to $290.00 and gave the company a "neutral" rating in a research note on Wednesday, October 16th. Finally, Piper Sandler lifted their price target on Tractor Supply from $300.00 to $332.00 and gave the stock an "overweight" rating in a research note on Monday, October 14th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Tractor Supply currently has a consensus rating of "Hold" and an average target price of $282.82.

Tractor Supply Stock Performance

Shares of TSCO traded up $12.74 during mid-day trading on Wednesday, reaching $288.95. 2,407,701 shares of the company's stock traded hands, compared to its average volume of 1,058,838. The business's 50-day moving average price is $282.44 and its 200-day moving average price is $274.43. The stock has a market capitalization of $31.17 billion, a P/E ratio of 27.46, a price-to-earnings-growth ratio of 3.39 and a beta of 0.82. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.17 and a current ratio of 1.48. Tractor Supply has a 12 month low of $193.60 and a 12 month high of $307.64.

Tractor Supply Company 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.