Shell Asset Management Co. Has $2.54 Million Position in Tractor Supply Company $TSCO

Shell Asset Management Co. lifted its holdings in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) by 50.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,074 shares of the specialty retailer's stock after purchasing an additional 16,151 shares during the quarter. Shell Asset Management Co.'s holdings in Tractor Supply were worth $2,537,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. raised its position in shares of Tractor Supply by 4.1% during the first 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 during the period. Wellington Management Group LLP grew its holdings in shares of Tractor Supply by 16.0% during the first 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. Alliancebernstein L.P. grew its holdings in shares of Tractor Supply by 10.8% during the first quarter. Alliancebernstein L.P. now owns 24,664,907 shares of the specialty retailer's stock worth $1,359,036,000 after buying an additional 2,408,373 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Tractor Supply by 14.5% during the first 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. Finally, Select Equity Group L.P. grew its holdings in shares of Tractor Supply by 16.8% during the first quarter. Select Equity Group L.P. now owns 8,959,995 shares of the specialty retailer's stock worth $493,696,000 after buying an additional 1,290,771 shares in the last quarter. Institutional investors and hedge funds own 98.72% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. UBS Group increased their price objective on Tractor Supply from $54.00 to $61.00 and gave the stock a "neutral" rating in a report on Friday, July 25th. Evercore ISI decreased their price objective on Tractor Supply from $65.00 to $60.00 and set an "in-line" rating for the company in a report on Tuesday. Wells Fargo & Company increased their price objective on Tractor Supply from $63.00 to $65.00 and gave the stock an "overweight" rating in a report on Friday, July 25th. 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 research note on Thursday, July 24th. Finally, Wall Street Zen upgraded Tractor Supply from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th. Fourteen analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $61.90.

Tractor Supply Stock Performance

TSCO opened at $53.92 on Thursday. Tractor Supply Company has a 12-month low of $46.85 and a 12-month high of $63.99. The stock has a market cap of $28.57 billion, a price-to-earnings ratio of 26.46, a PEG ratio of 2.75 and a beta of 0.73. The business has a 50 day moving average of $59.20 and a 200-day moving average of $54.91. The company has a quick ratio of 0.16, a current ratio of 1.28 and a debt-to-equity ratio of 0.68.

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 (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 during the quarter, compared to analysts' expectations of $4.40 billion. During the same period last year, the firm posted $3.93 earnings per share. The business's 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 expect that Tractor Supply Company will post 2.17 earnings per share for the current year.

Tractor Supply Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Monday, August 25th. Tractor Supply's dividend payout ratio (DPR) is presently 45.10%.

Insiders Place Their Bets

In related news, EVP Colin Yankee sold 6,680 shares of Tractor Supply 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 sale, the executive vice president directly owned 40,142 shares of the company's stock, valued at approximately $2,344,292.80. This trade represents a 14.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Denise L. Jackson sold 1,165 shares of Tractor Supply stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $58.50, for a total value of $68,152.50. Following the sale, the director directly owned 31,123 shares of the company's stock, valued at approximately $1,820,695.50. The trade was a 3.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 103,045 shares of company stock valued at $6,547,257. Corporate 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.

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