Heartland Bank & Trust Co Reduces Stock Holdings in Tractor Supply Company $TSCO

Heartland Bank & Trust Co decreased its stake in Tractor Supply Company (NASDAQ:TSCO) by 3.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 15,476 shares of the specialty retailer’s stock after selling 523 shares during the quarter. Heartland Bank & Trust Co’s holdings in Tractor Supply were worth $817,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Tractor Supply by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 66,631,422 shares of the specialty retailer’s stock valued at $3,671,391,000 after acquiring an additional 2,597,450 shares during the period. Wellington Management Group LLP boosted its holdings in Tractor Supply by 16.0% during the 1st quarter. Wellington Management Group LLP now owns 27,604,769 shares of the specialty retailer’s stock valued at $1,521,023,000 after acquiring an additional 3,815,520 shares during the period. Alliancebernstein L.P. boosted its holdings 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 valued at $1,359,036,000 after acquiring an additional 2,408,373 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings 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 valued at $657,214,000 after acquiring an additional 1,510,489 shares during the period. Finally, Select Equity Group L.P. boosted its holdings 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 valued at $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 Trading Up 1.2%

TSCO opened at $54.91 on Tuesday. The firm has a market cap of $29.10 billion, a price-to-earnings ratio of 26.94, a PEG ratio of 2.78 and a beta of 0.73. The company has a current ratio of 1.28, a quick ratio of 0.16 and a debt-to-equity ratio of 0.68. Tractor Supply Company has a 12 month low of $46.85 and a 12 month high of $63.99. The stock has a fifty day moving average price of $58.99 and a 200-day moving average price of $54.94.

Tractor Supply (NASDAQ:TSCO) last announced its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $4.40 billion. During the same period in the prior year, the company posted $3.93 EPS. The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, equities research analysts anticipate that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, August 25th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Monday, August 25th. Tractor Supply’s dividend payout ratio is currently 45.10%.

Wall Street Analyst Weigh In

TSCO has been the subject of a number of recent analyst reports. Raymond James Financial restated an “outperform” rating and set a $65.00 price objective (up previously from $57.00) on shares of Tractor Supply in a report on Friday, July 25th. Wolfe Research began coverage on Tractor Supply in a report on Thursday, September 18th. They issued an “outperform” rating and a $70.00 target price for the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Tractor Supply in a report on Wednesday, October 8th. Piper Sandler upped their target price on Tractor Supply from $66.00 to $67.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Finally, JPMorgan Chase & Co. upped their target price on Tractor Supply from $56.00 to $65.00 and gave the stock a “neutral” rating in a report on Monday, July 21st. Fifteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Tractor Supply has an average rating of “Moderate Buy” and an average target price of $62.45.

Insiders Place Their Bets

In related news, CFO Kurt D. Barton sold 90,000 shares of the company’s stock in a transaction dated 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 transaction, the chief financial officer directly owned 47,715 shares of the company’s stock, valued at $3,051,851.40. This represents a 65.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Noni L. Ellison sold 5,200 shares of the company’s stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $63.96, for a total value of $332,592.00. Following the transaction, the senior vice president directly owned 28,639 shares in the company, valued at $1,831,750.44. This represents a 15.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 103,045 shares of company stock valued at $6,547,257. 0.65% of the stock is currently owned by corporate insiders.

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.