Quantbot Technologies LP Lowers Stock Position in Tractor Supply Company $TSCO

Key Points

• Quantbot Technologies LP reduced its stake in Tractor Supply Company by 80.9%, selling 43,024 shares and now owning 10,164 shares valued at approximately $560,000.
• Analysts have increased their price targets for Tractor Supply, with Wells Fargo and Raymond James setting targets of $65.00 and others following suit, indicating a strong outlook for the stock.
• Tractor Supply reported earnings of $0.81 per share, surpassing estimates, and revealed a quarterly dividend of $0.23, highlighting its financial stability.

Quantbot Technologies LP lessened its stake in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) by 80.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,164 shares of the specialty retailer's stock after selling 43,024 shares during the quarter. Quantbot Technologies LP's holdings in Tractor Supply were worth $560,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. GW&K Investment Management LLC lifted its position in shares of Tractor Supply by 89.3% during the first 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 in the last quarter. Dunhill Financial LLC lifted its position in shares of Tractor Supply by 325.8% during the fourth quarter. Dunhill Financial LLC now owns 511 shares of the specialty retailer's stock worth $27,000 after purchasing an additional 391 shares in the last quarter. Pacific Center for Financial Services lifted its position in shares of Tractor Supply by 400.0% during the fourth 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 in the last quarter. LRI Investments LLC lifted its position in shares of Tractor Supply by 400.0% during the fourth quarter. LRI Investments LLC now owns 615 shares of the specialty retailer's stock worth $33,000 after purchasing an additional 492 shares in the last quarter. Finally, Financial Gravity Asset Management Inc. acquired a new stake in shares of Tractor Supply during the first quarter worth about $39,000. Institutional investors and hedge funds own 98.72% of the company's stock.

Tractor Supply Stock Up 0.4%

TSCO stock traded up $0.27 during midday trading on Thursday, reaching $62.65. 3,708,318 shares of the company were exchanged, compared to its average volume of 4,085,563. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.16 and a current ratio of 1.28. Tractor Supply Company has a 1-year low of $46.85 and a 1-year high of $63.99. The stock's 50-day simple moving average is $57.86 and its 200 day simple moving average is $54.24. The company has a market cap of $33.20 billion, a price-to-earnings ratio of 30.74, a price-to-earnings-growth ratio of 3.20 and a beta of 0.75.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last released its quarterly earnings data 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. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The company had revenue of $4.44 billion for the quarter, compared to analysts' expectations of $4.40 billion. During the same quarter last year, the company earned $3.93 earnings per share. The firm's revenue for the quarter 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 analysts forecast that Tractor Supply Company will post 2.17 earnings per share 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. The ex-dividend date of this dividend is Monday, August 25th. This represents a $0.92 dividend on an annualized basis and a yield of 1.5%. Tractor Supply's dividend payout ratio (DPR) is presently 45.10%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Evercore ISI increased their price target on shares of Tractor Supply from $60.00 to $65.00 and gave the stock an "in-line" rating in a research report on Friday, July 25th. Telsey Advisory Group set a $70.00 target price on shares of Tractor Supply in a report on Friday, July 25th. Truist Financial boosted their price target on shares of Tractor Supply from $60.00 to $66.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Raymond James Financial reissued an "outperform" rating and issued a $65.00 price objective (up from $57.00) on shares of Tractor Supply in a research report on Friday, July 25th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Tractor Supply from $56.00 to $65.00 and gave the company a "neutral" rating in a research report on Monday, July 21st. Thirteen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $61.80.

Insider Activity at Tractor Supply

In other Tractor Supply news, CFO Kurt D. Barton sold 90,000 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 transaction of $5,756,400.00. Following the sale, the chief financial officer owned 47,715 shares of the company's stock, valued at approximately $3,051,851.40. This trade represents a 65.35% 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 this link. Also, EVP Colin Yankee sold 6,680 shares of the firm'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 sale, 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 position. The disclosure for this sale can be found here. Insiders have sold 204,680 shares of company stock valued at $12,071,552 in the last quarter. Company insiders own 0.65% of the company's stock.

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.