Shell Asset Management Co. Reduces Holdings in Tractor Supply Company $TSCO

Shell Asset Management Co. lessened its holdings in Tractor Supply Company (NASDAQ:TSCO) by 53.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,157 shares of the specialty retailer’s stock after selling 25,917 shares during the period. Shell Asset Management Co.’s holdings in Tractor Supply were worth $1,260,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Bison Wealth LLC raised its holdings in shares of Tractor Supply by 356.1% in the fourth quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock worth $341,000 after acquiring an additional 5,017 shares during the last quarter. Woodline Partners LP raised its stake in Tractor Supply by 40.7% in the 1st quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock valued at $2,487,000 after purchasing an additional 13,051 shares during the last quarter. Intech Investment Management LLC boosted its stake in shares of Tractor Supply by 26.9% during the 1st quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock worth $1,442,000 after purchasing an additional 5,542 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Tractor Supply by 56.6% during the second quarter. Allspring Global Investments Holdings LLC now owns 111,118 shares of the specialty retailer’s stock worth $6,009,000 after buying an additional 40,174 shares in the last quarter. Finally, TD Asset Management Inc raised its position in shares of Tractor Supply by 2.4% in the second quarter. TD Asset Management Inc now owns 273,785 shares of the specialty retailer’s stock valued at $14,448,000 after buying an additional 6,368 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have commented on TSCO. JPMorgan Chase & Co. lowered their target price on shares of Tractor Supply from $62.00 to $59.00 and set a “neutral” rating for the company in a research note on Friday, January 30th. The Goldman Sachs Group set a $59.00 price objective on Tractor Supply and gave the company a “buy” rating in a research report on Friday, January 30th. Stephens set a $53.00 target price on Tractor Supply and gave the stock an “equal weight” rating in a research report on Thursday, January 22nd. Robert W. Baird lifted their price target on Tractor Supply from $65.00 to $67.00 and gave the company an “outperform” rating in a report on Friday, October 24th. Finally, Jefferies Financial Group cut their price objective on shares of Tractor Supply from $63.00 to $60.00 and set a “buy” rating on the stock in a report on Friday, January 30th. Fifteen analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $59.78.

Tractor Supply Price Performance

TSCO opened at $55.03 on Monday. The company has a 50 day moving average of $52.36 and a two-hundred day moving average of $55.40. Tractor Supply Company has a 52-week low of $46.85 and a 52-week high of $63.99. The company has a quick ratio of 0.16, a current ratio of 1.34 and a debt-to-equity ratio of 0.70. The company has a market cap of $29.08 billion, a P/E ratio of 26.58, a P/E/G ratio of 2.76 and a beta of 0.74.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings data on Thursday, January 29th. The specialty retailer reported $0.43 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.03). Tractor Supply had a net margin of 7.06% and a return on equity of 44.36%. The company had revenue of $3.90 billion during the quarter, compared to analysts’ expectations of $4.03 billion. During the same period last year, the business earned $0.44 earnings per share. The company’s revenue for the quarter was up 3.3% compared to the same quarter last year. On average, analysts expect that Tractor Supply Company will post 2.17 earnings per share for the current year.

Tractor Supply Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th will be issued a $0.24 dividend. The ex-dividend date is Tuesday, February 24th. This represents a $0.96 dividend on an annualized basis and a yield of 1.7%. This is a boost from Tractor Supply’s previous quarterly dividend of $0.23. Tractor Supply’s dividend payout ratio (DPR) is currently 44.44%.

Tractor Supply News Roundup

Here are the key news stories impacting Tractor Supply this week:

• Positive Sentiment: Board & capital return: Tractor Supply raised its quarterly dividend to $0.24 (a ~4.3% increase) and appointed Sonia Syngal to the board — a signal of shareholder return focus that typically supports income‑oriented buyers. Read More.
• Neutral Sentiment: Logistics strategy: Management is exploring final‑mile delivery capabilities to improve e‑commerce fulfillment. Potential long‑term upside for sales, but it requires investment and will take time to affect margins. Read More.
• Negative Sentiment: Analyst downgrades/estimates: Zacks Research issued multiple downward revisions to 2026–2028 quarterly and annual EPS forecasts and carries a “Strong Sell” stance — this increases downside risk to consensus expectations and can pressure the stock if other brokers follow. Read More.
• Negative Sentiment: Large insider selling: Two EVPs executed sizable mid‑February sales (Robert D. Mills sold ~62,950 shares; Jonathan S. Estep sold ~59,745 shares), a meaningful reduction in holdings that investors often view as bearish. SEC filings available for review. Read More. | Read More.
• Negative Sentiment: Additional insider sale: CFO Kurt Barton sold 1,884 shares (~$101k), a smaller but additive data point in the insider‑selling pattern. Read More.

Insider Activity

In other Tractor Supply news, EVP Jonathan S. Estep sold 59,745 shares of the company’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $54.03, for a total value of $3,228,022.35. Following the completion of the transaction, the executive vice president directly owned 80,931 shares of the company’s stock, valued at $4,372,701.93. This represents a 42.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Robert D. Mills sold 62,950 shares of Tractor Supply stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $54.12, for a total value of $3,406,854.00. Following the sale, the executive vice president directly owned 122,834 shares in the company, valued at approximately $6,647,776.08. The trade was a 33.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 211,178 shares of company stock worth $11,341,362 over the last three months. Insiders own 0.65% of the company’s stock.

Tractor Supply Company Profile

Tractor Supply Company (NASDAQ: TSCO) is a specialty retailer focused on products for the home, farm, ranch and outdoors. The company operates a network of physical retail locations complemented by an e-commerce platform, offering a one-stop source of supplies and equipment for customers with rural and suburban lifestyles. Its merchandise assortment targets a range of needs, from animal and livestock care to maintenance, outdoor power equipment, and seasonal products.

Product categories include animal feed and supplies, pet products, fencing and fencing supplies, equine equipment, lawn and garden tools, work clothing and footwear, and small agricultural and outdoor power equipment.