Cibc World Market Inc. Cuts Stock Position in Tractor Supply Company $TSCO

Cibc World Market Inc. reduced its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 9.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 151,876 shares of the specialty retailer’s stock after selling 15,370 shares during the period. Cibc World Market Inc.’s holdings in Tractor Supply were worth $8,637,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of TSCO. Delos Wealth Advisors LLC bought a new position in Tractor Supply during the 2nd quarter worth approximately $26,000. Financial Gravity Companies Inc. bought a new position in shares of Tractor Supply in the 2nd quarter worth approximately $38,000. Clayton Financial Group LLC purchased a new position in shares of Tractor Supply in the 3rd quarter valued at approximately $44,000. First Horizon Corp bought a new stake in shares of Tractor Supply during the third quarter valued at approximately $44,000. Finally, Evelyn Partners Asset Management Ltd purchased a new stake in Tractor Supply in the second quarter worth $46,000. 98.72% of the stock is owned by institutional investors.

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.

Tractor Supply Stock Performance

Shares of NASDAQ TSCO opened at $55.03 on Friday. The firm’s 50-day moving average price is $52.36 and its 200-day moving average price is $55.44. Tractor Supply Company has a 52-week low of $46.85 and a 52-week high of $63.99. The company has a market cap of $29.08 billion, a PE ratio of 26.58, a PEG ratio of 2.73 and a beta of 0.74. The company has a quick ratio of 0.16, a current ratio of 1.34 and a debt-to-equity ratio of 0.70.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings data on Thursday, January 29th. The specialty retailer reported $0.43 earnings per share 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 for the quarter, compared to analysts’ expectations of $4.03 billion. During the same period in the previous year, the firm earned $0.44 earnings per share. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. As a group, analysts anticipate that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Increases Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on TSCO. Evercore reaffirmed an “outperform” rating and set a $60.00 target price on shares of Tractor Supply in a research note on Friday, January 30th. Wolfe Research reiterated an “outperform” rating and issued a $57.00 price target on shares of Tractor Supply in a research note on Friday, January 30th. Citigroup restated a “buy” rating and set a $61.00 price objective (down from $66.00) on shares of Tractor Supply in a research note on Friday, January 16th. Gordon Haskett cut shares of Tractor Supply from an “accumulate” rating to a “hold” rating and decreased their target price for the stock from $57.00 to $50.00 in a report on Thursday, January 8th. Finally, TD Cowen cut their price target on shares of Tractor Supply from $55.00 to $53.00 and set a “hold” rating on the stock in a report on Friday, January 30th. Fifteen investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $59.78.

Insider Transactions at Tractor Supply

In related news, CEO Harry A. Lawton III sold 84,670 shares of the company’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $53.16, for a total transaction of $4,501,057.20. Following the completion of the sale, the chief executive officer owned 606,842 shares in the company, valued at approximately $32,259,720.72. This represents a 12.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Robert D. Mills sold 62,950 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $54.12, for a total value of $3,406,854.00. Following the completion of the transaction, the executive vice president directly owned 122,834 shares in the company, valued at approximately $6,647,776.08. This represents a 33.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 211,178 shares of company stock valued at $11,341,362. Corporate 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.