Hsbc Holdings PLC Has $74.34 Million Position in Tractor Supply Company $TSCO

Hsbc Holdings PLC grew its holdings in Tractor Supply Company (NASDAQ:TSCO) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,486,935 shares of the specialty retailer’s stock after purchasing an additional 22,163 shares during the period. Hsbc Holdings PLC owned approximately 0.28% of Tractor Supply worth $74,336,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. JPL Wealth Management LLC purchased a new stake in Tractor Supply in the 3rd quarter worth about $28,000. Garner Asset Management Corp acquired a new stake in Tractor Supply during the 4th quarter worth about $25,000. Reflection Asset Management purchased a new position in Tractor Supply during the 4th quarter valued at about $26,000. Core Wealth Advisors LLC purchased a new position in Tractor Supply during the 4th quarter valued at about $27,000. Finally, Aventura Private Wealth LLC acquired a new position in shares of Tractor Supply in the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Wall Street Analysts Forecast Growth

TSCO has been the subject of a number of research analyst reports. Bank of America assumed coverage on shares of Tractor Supply in a research report on Tuesday, April 7th. They issued a “neutral” rating and a $47.00 price target for the company. BNP Paribas Exane lowered their price objective on shares of Tractor Supply from $58.00 to $45.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 22nd. Wells Fargo & Company dropped their price objective on shares of Tractor Supply from $55.00 to $47.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. TD Cowen reiterated a “hold” rating and issued a $38.00 target price (down from $53.00) on shares of Tractor Supply in a research report on Monday, April 27th. Finally, Gordon Haskett increased their target price on shares of Tractor Supply from $40.00 to $50.00 in a research report on Friday, June 12th. Fourteen research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.50.

Tractor Supply Stock Performance

Tractor Supply stock opened at $31.76 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 0.16. The company has a market capitalization of $16.66 billion, a price-to-earnings ratio of 15.57, a PEG ratio of 2.41 and a beta of 0.46. Tractor Supply Company has a one year low of $28.36 and a one year high of $63.99. The company’s fifty day moving average price is $31.46 and its two-hundred day moving average price is $43.46.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The company had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.64 billion. During the same period in the prior year, the firm earned $0.34 EPS. Tractor Supply’s quarterly revenue was up 3.6% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. On average, analysts forecast that Tractor Supply Company will post 2.11 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Wednesday, May 27th. 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.