Hsbc Holdings PLC Acquires 22,163 Shares of Tractor Supply Company $TSCO

Hsbc Holdings PLC raised its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 1.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,486,935 shares of the specialty retailer’s stock after buying an additional 22,163 shares during the period. Hsbc Holdings PLC owned about 0.28% of Tractor Supply worth $74,336,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Garner Asset Management Corp bought a new stake in shares of Tractor Supply during the 4th quarter valued at $25,000. Reflection Asset Management bought a new position in Tractor Supply in the 4th quarter worth $26,000. Aventura Private Wealth LLC purchased a new position in Tractor Supply during the fourth quarter valued at $27,000. Core Wealth Advisors LLC purchased a new position in Tractor Supply during the fourth quarter valued at $27,000. Finally, Bayban bought a new stake in Tractor Supply during the fourth quarter valued at about $28,000. 98.72% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

TSCO has been the subject of a number of analyst reports. Telsey Advisory Group reduced their price target on Tractor Supply from $63.00 to $52.00 and set an “outperform” rating for the company in a research report on Wednesday, April 22nd. BNP Paribas Exane cut their price objective on Tractor Supply from $58.00 to $45.00 and set an “outperform” rating for the company in a research note on Wednesday, April 22nd. Guggenheim reissued a “buy” rating and issued a $50.00 target price (down from $60.00) on shares of Tractor Supply in a report on Friday, June 5th. Argus decreased their target price on shares of Tractor Supply from $64.00 to $50.00 and set a “buy” rating on the stock in a research note on Monday, April 27th. Finally, Daiwa Securities Group lowered their price target on shares of Tractor Supply from $52.00 to $41.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. Fourteen research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $45.50.

Tractor Supply Stock Performance

NASDAQ TSCO opened at $29.81 on Tuesday. The company has a quick ratio of 0.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.86. Tractor Supply Company has a twelve month low of $28.36 and a twelve month high of $63.99. The business has a 50-day moving average price of $33.72 and a 200-day moving average price of $44.78. The firm has a market cap of $15.63 billion, a price-to-earnings ratio of 14.61, a price-to-earnings-growth ratio of 2.29 and a beta of 0.47.

Tractor Supply (NASDAQ:TSCO) last issued its earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.04). Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The business had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $3.64 billion. During the same period last year, the business posted $0.34 EPS. The firm’s revenue for the quarter was up 3.6% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, equities research analysts predict that Tractor Supply Company will post 2.12 EPS for the current fiscal year.

Tractor Supply Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th were given a dividend of $0.24 per share. The ex-dividend date was Wednesday, May 27th. This represents a $0.96 annualized dividend and a dividend yield of 3.2%. Tractor Supply’s dividend payout ratio (DPR) is presently 47.06%.

Tractor Supply 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.