Swedbank AB Has $44.85 Million Stake in Tractor Supply Company $TSCO

Key Points

• Swedbank AB has reduced its holdings in Tractor Supply Company (TSCO) by 2.2%, now owning 849,875 shares valued at approximately $44.85 million.
• Tractor Supply reported a quarterly earnings per share (EPS) of $0.81, surpassing analyst expectations, and showed a 4.5% year-over-year revenue increase.
• The company declared a quarterly dividend of $0.23 per share, reflecting a 1.5% dividend yield on an annualized basis.

Swedbank AB lowered its stake in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 2.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 849,875 shares of the specialty retailer's stock after selling 19,415 shares during the quarter. Swedbank AB owned approximately 0.16% of Tractor Supply worth $44,848,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of TSCO. Wellington Management Group LLP increased its stake in Tractor Supply by 16.0% in 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 purchasing an additional 3,815,520 shares in the last quarter. Vanguard Group Inc. increased its stake in Tractor Supply by 4.1% in 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. Alliancebernstein L.P. boosted its position in Tractor Supply by 10.8% during the 1st quarter. Alliancebernstein L.P. now owns 24,664,907 shares of the specialty retailer's stock worth $1,359,036,000 after acquiring an additional 2,408,373 shares during the period. Price T Rowe Associates Inc. MD boosted its position in 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 acquiring an additional 1,510,489 shares during the period. Finally, Select Equity Group L.P. boosted its position in Tractor Supply by 16.8% during the 1st quarter. Select Equity Group L.P. now owns 8,959,995 shares of the specialty retailer's stock worth $493,696,000 after acquiring an additional 1,290,771 shares during the period. Hedge funds and other institutional investors own 98.72% of the company's stock.

Tractor Supply Stock Performance

NASDAQ TSCO traded down $0.21 during trading on Friday, hitting $59.66. The company's stock had a trading volume of 6,769,867 shares, compared to its average volume of 4,013,089. The firm has a market cap of $31.62 billion, a P/E ratio of 29.27, a price-to-earnings-growth ratio of 3.06 and a beta of 0.76. 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 Company has a 52 week low of $46.85 and a 52 week high of $63.99. The firm has a 50 day moving average price of $59.64 and a 200 day moving average price of $54.67.

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. The business had revenue of $4.44 billion for the quarter, compared to analysts' expectations of $4.40 billion. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%.Tractor Supply's quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the previous year, the business posted $3.93 earnings per share. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. Equities research analysts forecast that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were given a dividend of $0.23 per share. The ex-dividend date was Monday, August 25th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.5%. Tractor Supply's payout ratio is currently 45.10%.

Analyst Ratings Changes

A number of brokerages recently weighed in on TSCO. Robert W. Baird raised their price objective on Tractor Supply from $56.00 to $61.00 and gave the company an "outperform" rating in a research note on Monday, July 21st. Wolfe Research began coverage on Tractor Supply in a research note on Thursday. They issued an "outperform" rating and a $70.00 price objective on the stock. DA Davidson raised their price objective on Tractor Supply from $65.00 to $70.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Telsey Advisory Group set a $70.00 price objective on Tractor Supply in a research note on Friday, July 25th. Finally, Evercore ISI lifted their price target on Tractor Supply from $60.00 to $65.00 and gave the stock an "in-line" rating in a research report on Friday, July 25th. Fourteen investment 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, Tractor Supply currently has a consensus rating of "Moderate Buy" and an average price target of $62.19.

Insider Buying and Selling at Tractor Supply

In other news, CFO Kurt D. Barton sold 90,000 shares of the business's stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $63.96, for a total transaction of $5,756,400.00. Following the sale, the chief financial officer directly owned 47,715 shares in the company, valued at approximately $3,051,851.40. The trade was a 65.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Jonathan S. Estep sold 35,825 shares of the business's stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $56.00, for a total value of $2,006,200.00. Following the sale, the executive vice president owned 74,605 shares in the company, valued at approximately $4,177,880. This represents a 32.44% 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 valued at $12,071,552 in the last quarter. 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.