Tractor Supply Company $TSCO Shares Sold by Allianz Asset Management GmbH

Allianz Asset Management GmbH cut its holdings in Tractor Supply Company (NASDAQ:TSCO) by 3.0% in the second quarter, Holdings Channel reports. The institutional investor owned 818,425 shares of the specialty retailer’s stock after selling 25,096 shares during the quarter. Allianz Asset Management GmbH’s holdings in Tractor Supply were worth $43,188,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. APG Asset Management N.V. increased its position in shares of Tractor Supply by 33.3% in the first quarter. APG Asset Management N.V. now owns 475,484 shares of the specialty retailer’s stock valued at $24,254,000 after buying an additional 118,884 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Tractor Supply by 19.4% in the first quarter. Ameriprise Financial Inc. now owns 2,064,224 shares of the specialty retailer’s stock valued at $113,745,000 after buying an additional 335,563 shares in the last quarter. Bahl & Gaynor Inc. increased its position in shares of Tractor Supply by 31.0% in the first quarter. Bahl & Gaynor Inc. now owns 177,636 shares of the specialty retailer’s stock valued at $9,788,000 after buying an additional 41,989 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Tractor Supply by 7.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 70,944 shares of the specialty retailer’s stock valued at $3,911,000 after buying an additional 5,184 shares in the last quarter. Finally, Sequoia Financial Advisors LLC increased its position in shares of Tractor Supply by 9.2% in the first quarter. Sequoia Financial Advisors LLC now owns 112,233 shares of the specialty retailer’s stock valued at $6,184,000 after buying an additional 9,483 shares in the last quarter. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Tractor Supply news, EVP Colin Yankee sold 6,680 shares of the firm’s stock in a transaction on Monday, July 28th. The stock was 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 directly owned 40,142 shares of the company’s stock, valued at $2,344,292.80. This trade represents a 14.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Noni L. Ellison sold 5,200 shares of the firm’s stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $63.96, for a total value of $332,592.00. Following the completion of the sale, the senior vice president directly owned 28,639 shares of the company’s stock, valued at $1,831,750.44. This trade represents a 15.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 103,045 shares of company stock valued at $6,547,257 over the last 90 days. Insiders own 0.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on TSCO shares. Truist Financial boosted their price objective on Tractor Supply from $60.00 to $66.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Wall Street Zen upgraded Tractor Supply from a “sell” rating to a “hold” rating in a research report on Saturday, July 26th. Raymond James Financial reiterated an “outperform” rating and set a $65.00 price target (up from $57.00) on shares of Tractor Supply in a research report on Friday, July 25th. Wells Fargo & Company boosted their price target on Tractor Supply from $63.00 to $65.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Tractor Supply in a research report on Wednesday, October 8th. Fifteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Tractor Supply has an average rating of “Moderate Buy” and an average target price of $62.45.

Tractor Supply Stock Up 0.1%

Shares of TSCO opened at $55.20 on Friday. Tractor Supply Company has a 52-week low of $46.85 and a 52-week high of $63.99. The company has a market capitalization of $29.25 billion, a PE ratio of 27.09, a price-to-earnings-growth ratio of 2.83 and a beta of 0.73. The stock has a fifty day simple moving average of $58.63 and a two-hundred day simple moving average of $54.96. 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) last issued its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, topping 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 business had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.40 billion. During the same period last year, the company earned $3.93 EPS. The company’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. As a group, equities analysts forecast that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Announces Dividend

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

About Tractor Supply

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.