Flputnam Investment Management Co. Acquires 23,922 Shares of Tractor Supply Company $TSCO

Flputnam Investment Management Co. boosted its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 221.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,727 shares of the specialty retailer’s stock after buying an additional 23,922 shares during the quarter. Flputnam Investment Management Co.’s holdings in Tractor Supply were worth $1,098,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. increased its holdings in Tractor Supply by 6.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,121,526 shares of the specialty retailer’s stock worth $156,108,000 after purchasing an additional 184,146 shares during the period. Swedbank AB lifted its holdings in shares of Tractor Supply by 3.3% in the 4th quarter. Swedbank AB now owns 1,129,182 shares of the specialty retailer’s stock worth $56,470,000 after buying an additional 36,495 shares during the period. Nomura Asset Management Co. Ltd. grew its position in shares of Tractor Supply by 44.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 727,125 shares of the specialty retailer’s stock worth $36,364,000 after buying an additional 222,750 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Tractor Supply by 4.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,103,395 shares of the specialty retailer’s stock worth $56,086,000 after buying an additional 46,010 shares in the last quarter. Finally, King Luther Capital Management Corp increased its stake in shares of Tractor Supply by 1.6% during the fourth quarter. King Luther Capital Management Corp now owns 2,387,723 shares of the specialty retailer’s stock valued at $119,410,000 after buying an additional 36,778 shares during the period. 98.72% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Tractor Supply

In other news, Director Edna Morris acquired 1,560 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were purchased at an average price of $32.44 per share, with a total value of $50,606.40. Following the transaction, the director directly owned 279,720 shares in the company, valued at approximately $9,074,116.80. This represents a 0.56% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andre J. Hawaux acquired 3,150 shares of Tractor Supply stock in a transaction that occurred on Monday, August 3rd. The shares were purchased at an average price of $31.83 per share, with a total value of $100,264.50. Following the purchase, the director owned 3,150 shares in the company, valued at $100,264.50. This represents a ? increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought a total of 20,310 shares of company stock valued at $652,411 in the last 90 days. Insiders own 0.64% of the company’s stock.

Tractor Supply Stock Performance

Shares of NASDAQ TSCO opened at $34.72 on Monday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.33 and a quick ratio of 0.23. The stock has a market capitalization of $18.21 billion, a P/E ratio of 18.08, a price-to-earnings-growth ratio of 11.29 and a beta of 0.47. Tractor Supply Company has a 1-year low of $28.36 and a 1-year high of $62.87. The business has a fifty day moving average price of $32.31 and a 200 day moving average price of $37.91.

Tractor Supply (NASDAQ:TSCO) last posted its earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.01). Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The company had revenue of $4.54 billion during the quarter, compared to analysts’ expectations of $4.58 billion. During the same quarter last year, the firm earned $0.81 EPS. Tractor Supply’s revenue for the quarter was up 2.3% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Equities research analysts expect that Tractor Supply Company will post 1.93 EPS for the current fiscal year.

Tractor Supply Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Monday, August 24th. Tractor Supply’s dividend payout ratio (DPR) is currently 50.00%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on TSCO. Robert W. Baird decreased their price objective on Tractor Supply from $50.00 to $38.00 and set an “outperform” rating for the company in a report on Monday, July 20th. The Goldman Sachs Group reissued a “buy” rating and set a $38.00 target price (down from $43.00) on shares of Tractor Supply in a research report on Friday, July 24th. Argus set a $41.00 price target on shares of Tractor Supply in a report on Tuesday, July 28th. Wall Street Zen lowered shares of Tractor Supply from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. Finally, Raymond James Financial lowered their price target on shares of Tractor Supply from $48.00 to $40.00 and set an “outperform” rating for the company in a research report on Friday, July 17th. Thirteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $39.31.

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.