Tractor Supply Company $TSCO Stock Holdings Lessened by Hsbc Holdings PLC

Key Points

• Hsbc Holdings PLC has decreased its stake in Tractor Supply Company by 12.1%, now holding about 1.7 million shares valued at approximately $93.71 million.
• Corporate insiders have sold 204,680 shares of Tractor Supply stock within the last 90 days, with significant sales from EVP Jonathan S. Estep and Director Denise L. Jackson.
• Tractor Supply recently reported earnings per share of $0.81 for the last quarter, surpassing analysts' expectations, and provided Q3 guidance anticipating 2.000-2.180 EPS.

Hsbc Holdings PLC trimmed its position in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 12.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,702,014 shares of the specialty retailer's stock after selling 235,159 shares during the quarter. Hsbc Holdings PLC owned 0.32% of Tractor Supply worth $93,712,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Wedmont Private Capital raised its holdings in Tractor Supply by 2.5% in the first quarter. Wedmont Private Capital now owns 8,714 shares of the specialty retailer's stock valued at $450,000 after buying an additional 212 shares during the period. Creative Financial Designs Inc. ADV increased its position in shares of Tractor Supply by 30.1% in the first quarter. Creative Financial Designs Inc. ADV now owns 920 shares of the specialty retailer's stock worth $51,000 after acquiring an additional 213 shares in the last quarter. Independent Wealth Network Inc. increased its position in shares of Tractor Supply by 5.2% in the first quarter. Independent Wealth Network Inc. now owns 4,335 shares of the specialty retailer's stock worth $239,000 after acquiring an additional 215 shares in the last quarter. GW&K Investment Management LLC raised its stake in shares of Tractor Supply by 89.3% in the 1st quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer's stock valued at $26,000 after acquiring an additional 226 shares during the period. Finally, Assetmark Inc. lifted its holdings in shares of Tractor Supply by 21.2% during the 1st quarter. Assetmark Inc. now owns 1,331 shares of the specialty retailer's stock valued at $73,000 after acquiring an additional 233 shares in the last quarter. 98.72% of the stock is owned by institutional investors and hedge funds.

Tractor Supply Stock Up 1.0%

TSCO stock traded up $0.61 during midday trading on Friday, hitting $61.61. 3,230,182 shares of the company's stock were exchanged, compared to its average volume of 4,697,547. The firm has a 50 day moving average price of $57.03 and a 200-day moving average price of $54.01. Tractor Supply Company has a 12-month low of $46.85 and a 12-month high of $63.99. The stock has a market capitalization of $32.65 billion, a price-to-earnings ratio of 30.23, a price-to-earnings-growth ratio of 3.17 and a beta of 0.75. The company has a current ratio of 1.28, a quick ratio of 0.16 and a debt-to-equity ratio of 0.68.

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

Tractor Supply Dividend Announcement

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

Wall Street Analyst Weigh In

TSCO has been the topic of several research reports. The Goldman Sachs Group reissued a "buy" rating on shares of Tractor Supply in a research report on Friday, July 25th. 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. Robert W. Baird raised their target price on Tractor Supply from $56.00 to $61.00 and gave the company an "outperform" rating in a report on Monday, July 21st. UBS Group upped their price target on Tractor Supply from $54.00 to $61.00 and gave the stock a "neutral" rating in a report on Friday, July 25th. Finally, Guggenheim lowered their price objective on shares of Tractor Supply from $60.00 to $55.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Thirteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $61.80.

Insider Buying and Selling

In other Tractor Supply news, Director Denise L. Jackson sold 1,165 shares of the company's stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $58.50, for a total transaction of $68,152.50. Following the sale, the director owned 31,123 shares in the company, valued at $1,820,695.50. This represents a 3.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Noni L. Ellison sold 5,200 shares of the stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $63.96, for a total value of $332,592.00. Following the transaction, the senior vice president directly owned 28,639 shares in the company, valued at approximately $1,831,750.44. This represents a 15.37% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 204,680 shares of company stock worth $12,071,552. 0.65% of the stock is currently owned by insiders.

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.