Tractor Supply Company $TSCO Shares Sold by Amundi

Key Points

• Amundi has decreased its holdings in Tractor Supply Company (TSCO) by 7.4%, now owning 3,840,048 shares valued at approximately $214 million.
• Several institutional investors have significantly increased their positions, with Select Equity Group L.P. raising their stake by 405.6% during the last quarter.
• Tractor Supply's latest quarterly earnings revealed a net margin of 7.18%, with a revenue increase of 4.5% year-over-year, surpassing analyst expectations.

Amundi lowered its holdings in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 7.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,840,048 shares of the specialty retailer's stock after selling 305,944 shares during the quarter. Amundi owned 0.72% of Tractor Supply worth $214,159,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its stake in Tractor Supply by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 66,631,422 shares of the specialty retailer's stock worth $3,671,391,000 after purchasing an additional 2,597,450 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of Tractor Supply by 16.0% during the 1st quarter. Wellington Management Group LLP now owns 27,604,769 shares of the specialty retailer's stock worth $1,521,023,000 after buying an additional 3,815,520 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Tractor Supply by 14.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,927,641 shares of the specialty retailer's stock worth $657,214,000 after buying an additional 1,510,489 shares in the last quarter. Select Equity Group L.P. increased its stake in Tractor Supply by 405.6% in the 4th quarter. Select Equity Group L.P. now owns 7,669,224 shares of the specialty retailer's stock valued at $406,929,000 after purchasing an additional 6,152,333 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Tractor Supply by 476.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,910,178 shares of the specialty retailer's stock worth $260,534,000 after buying an additional 4,058,875 shares in the last quarter. 98.72% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Tractor Supply

In other news, EVP Colin Yankee sold 6,680 shares of the company's stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $58.40, for a total transaction of $390,112.00. Following the completion of the transaction, the executive vice president directly owned 40,142 shares of the company's stock, valued at approximately $2,344,292.80. This represents a 14.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Noni L. Ellison sold 5,200 shares of the firm's stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $63.96, for a total value of $332,592.00. Following the completion of the sale, the senior vice president owned 28,639 shares in the company, valued at approximately $1,831,750.44. This represents a 15.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 204,680 shares of company stock valued at $12,071,552. 0.65% of the stock is owned by insiders.

Tractor Supply Stock Performance

NASDAQ:TSCO traded down $0.12 during trading hours on Friday, reaching $60.52. 3,211,804 shares of the stock were exchanged, compared to its average volume of 3,968,003. The company has a quick ratio of 0.16, a current ratio of 1.28 and a debt-to-equity ratio of 0.68. The firm has a 50 day simple moving average of $58.87 and a 200-day simple moving average of $54.38. Tractor Supply Company has a 52 week low of $46.85 and a 52 week high of $63.99. The stock has a market capitalization of $32.07 billion, a P/E ratio of 29.70, a P/E/G ratio of 3.11 and a beta of 0.76.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last released its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.80 by $0.01. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%.The company had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.40 billion. During the same quarter last year, the business posted $3.93 EPS. Tractor Supply's quarterly revenue was up 4.5% compared to the same quarter last year. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, sell-side analysts forecast that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th will be issued a dividend of $0.23 per share. The ex-dividend date of this dividend is Monday, August 25th. This represents a $0.92 annualized dividend and a dividend yield of 1.5%. Tractor Supply's dividend payout ratio is 45.10%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Truist Financial raised their price objective on Tractor Supply from $60.00 to $66.00 and gave the stock a "buy" rating in a report on Friday, July 25th. The Goldman Sachs Group restated a "buy" rating on shares of Tractor Supply in a research note on Friday, July 25th. JPMorgan Chase & Co. boosted their price objective on Tractor Supply from $56.00 to $65.00 and gave the stock a "neutral" rating in a research note on Monday, July 21st. Piper Sandler increased their target price on Tractor Supply from $66.00 to $67.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Finally, DA Davidson increased their target price on Tractor Supply from $65.00 to $70.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Thirteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $61.80.

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.