Tractor Supply Company $TSCO Shares Sold by Northern Trust Corp

Key Points

• Northern Trust Corp sold 79,598 shares of Tractor Supply Company, reducing its stake to 5,946,079 shares, which is about 1.12% of the company, valued at $327.6 million.
• Tractor Supply reported quarterly earnings of $0.81 per share, beating estimates, with revenues of $4.44 billion, reflecting a year-over-year growth of 4.5%.
• Insiders have sold 204,680 shares of Tractor Supply stock valued at $12 million recently, while only 0.65% of the stock is owned by company insiders.

Northern Trust Corp lessened its stake in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 1.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,946,079 shares of the specialty retailer's stock after selling 79,598 shares during the quarter. Northern Trust Corp owned about 1.12% of Tractor Supply worth $327,629,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Coppell Advisory Solutions LLC grew its holdings in shares of Tractor Supply by 944.4% during the 4th quarter. Coppell Advisory Solutions LLC now owns 470 shares of the specialty retailer's stock worth $25,000 after purchasing an additional 425 shares during the period. GW&K Investment Management LLC grew its holdings in shares of Tractor Supply by 89.3% during the 1st quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer's stock worth $26,000 after purchasing an additional 226 shares during the period. Dunhill Financial LLC grew its holdings in shares of Tractor Supply by 325.8% during the 4th quarter. Dunhill Financial LLC now owns 511 shares of the specialty retailer's stock worth $27,000 after purchasing an additional 391 shares during the period. Pacific Center for Financial Services grew its holdings in shares of Tractor Supply by 400.0% during the 4th quarter. Pacific Center for Financial Services now owns 550 shares of the specialty retailer's stock worth $29,000 after purchasing an additional 440 shares during the period. Finally, LRI Investments LLC grew its holdings in shares of Tractor Supply by 400.0% during the 4th quarter. LRI Investments LLC now owns 615 shares of the specialty retailer's stock worth $33,000 after purchasing an additional 492 shares during the period. Institutional investors and hedge funds own 98.72% of the company's stock.

Tractor Supply Stock Up 1.0%

NASDAQ TSCO traded up $0.61 on Friday, reaching $61.61. The company had a trading volume of 3,230,182 shares, compared to its average volume of 4,697,547. The firm has a 50-day moving average of $57.03 and a 200-day moving average of $54.01. Tractor Supply Company has a 1 year low of $46.85 and a 1 year high of $63.99. The firm has a market capitalization of $32.65 billion, a PE ratio of 30.23, a P/E/G ratio of 3.17 and a beta of 0.75. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.28 and a quick ratio of 0.16.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last announced its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $4.40 billion. During the same period in the prior year, the company posted $3.93 EPS. Tractor Supply's quarterly revenue was up 4.5% on a year-over-year basis. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. On average, equities research analysts anticipate that Tractor Supply Company will post 2.17 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on TSCO. Robert W. Baird boosted their target price on Tractor Supply from $56.00 to $61.00 and gave the stock an "outperform" rating in a report on Monday, July 21st. Wall Street Zen upgraded Tractor Supply from a "sell" rating to a "hold" rating in a report on Saturday, July 26th. DA Davidson upped their price target on Tractor Supply from $65.00 to $70.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Loop Capital upped their price target on Tractor Supply from $48.00 to $60.00 and gave the stock a "hold" rating in a report on Friday, July 25th. Finally, Bank of America upgraded Tractor Supply from an "underperform" rating to a "buy" rating and set a $70.00 price target for the company in a report on Thursday, July 24th. Thirteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average 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 4,630 shares of the company's stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $55.93, for a total value of $258,955.90. Following the transaction, the director directly owned 35,288 shares of the company's stock, valued at $1,973,657.84. This represents a 11.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Colin Yankee sold 6,680 shares of the company's stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $58.40, for a total value of $390,112.00. Following the completion of the transaction, the executive vice president directly owned 40,142 shares in the company, valued at approximately $2,344,292.80. The trade was a 14.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 204,680 shares of company stock worth $12,071,552 over the last 90 days. 0.65% of the stock is currently owned by corporate 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.