Tractor Supply Company $TSCO Shares Sold by Trexquant Investment LP

Key Points

• Trexquant Investment LP reduced its holdings in Tractor Supply Company by 38.3%, selling 112,071 shares during the first quarter, leaving them with a total of 180,712 shares valued at approximately $9.96 million.
• Several institutional investors significantly increased their stakes in Tractor Supply, with Select Equity Group L.P. growing its position by 405.6% and UBS AM increasing by 476.8% during the fourth quarter.
• Tractor Supply recently reported a quarterly EPS of $0.81, slightly exceeding analyst expectations, and announced a quarterly dividend of $0.23 per share, indicating a yield of 1.5%.

Trexquant Investment LP reduced its stake in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 38.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 180,712 shares of the specialty retailer's stock after selling 112,071 shares during the quarter. Trexquant Investment LP's holdings in Tractor Supply were worth $9,957,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in TSCO. GW&K Investment Management LLC boosted its holdings in 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 purchasing an additional 226 shares in the last quarter. Dunhill Financial LLC boosted its holdings in Tractor Supply by 325.8% in the 4th quarter. Dunhill Financial LLC now owns 511 shares of the specialty retailer's stock valued at $27,000 after purchasing an additional 391 shares in the last quarter. Pacific Center for Financial Services boosted its holdings in Tractor Supply by 400.0% in the 4th quarter. Pacific Center for Financial Services now owns 550 shares of the specialty retailer's stock valued at $29,000 after purchasing an additional 440 shares in the last quarter. LRI Investments LLC boosted its holdings in Tractor Supply by 400.0% in the 4th quarter. LRI Investments LLC now owns 615 shares of the specialty retailer's stock valued at $33,000 after purchasing an additional 492 shares in the last quarter. Finally, Financial Gravity Asset Management Inc. purchased a new stake in Tractor Supply in the 1st quarter valued at approximately $39,000. Hedge funds and other institutional investors own 98.72% of the company's stock.

Insiders Place Their Bets

In other news, CFO Kurt D. Barton sold 90,000 shares of the stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $63.96, for a total value of $5,756,400.00. Following the completion of the sale, the chief financial officer owned 47,715 shares in the company, 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 filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Colin Yankee sold 6,680 shares of the stock in a transaction dated 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 sale, the executive vice president 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 disclosure for this sale can be found here. In the last quarter, insiders have sold 204,680 shares of company stock valued at $12,071,552. Company insiders own 0.65% of the company's stock.

Tractor Supply Trading Down 2.3%

Shares of NASDAQ TSCO traded down $1.43 during midday trading on Wednesday, hitting $60.09. The stock had a trading volume of 3,268,368 shares, compared to its average volume of 5,471,214. The company has a market capitalization of $31.85 billion, a price-to-earnings ratio of 29.49, a PEG ratio of 3.17 and a beta of 0.76. Tractor Supply Company has a 1-year low of $46.85 and a 1-year high of $63.99. The company has a quick ratio of 0.16, a current ratio of 1.28 and a debt-to-equity ratio of 0.68. The company has a fifty day moving average price of $58.37 and a 200 day moving average price of $54.34.

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, beating the consensus estimate of $0.80 by $0.01. The business had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.40 billion. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%.The company's revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the company posted $3.93 EPS. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. On average, analysts predict that Tractor Supply Company will post 2.17 earnings per share for the current year.

Tractor Supply Announces Dividend

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

Analysts Set New Price Targets

A number of research firms recently commented on TSCO. The Goldman Sachs Group reissued a "buy" rating on shares of Tractor Supply in a report on Friday, July 25th. Wall Street Zen raised Tractor Supply from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th. DA Davidson lifted their price target on Tractor Supply from $65.00 to $70.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. 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 note on Friday, July 25th. Finally, Bank of America raised 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. Thirteen research 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 presently has an average rating of "Moderate Buy" and a consensus price target of $61.80.

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.