77,680 Shares in Tractor Supply Company $TSCO Acquired by Empowered Funds LLC

Key Points

• Empowered Funds LLC acquired 77,680 shares of Tractor Supply, valued at approximately $2.46 million, while institutional investors collectively own 98.72% of the company.
• Tractor Supply’s latest quarterly results slightly missed expectations, with $0.81 in earnings per share and $4.54 billion in revenue. The company maintained fiscal 2026 EPS guidance of $1.90–$2.00 and announced a quarterly dividend of $0.24 per share, yielding about 2.8%.
• Analyst sentiment is mixed, with the stock carrying a consensus “Hold” rating and an average price target of $39.31; several firms recently reduced their price targets. Company directors also purchased shares, with insiders buying 20,310 shares worth $652,411 over the past three months.

Empowered Funds LLC acquired a new stake in Tractor Supply Company (NASDAQ:TSCO - Free Report) in the second quarter, according to its most recent filing with the SEC. The fund acquired 77,680 shares of the specialty retailer's stock, valued at approximately $2,455,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Advyzon Investment Management LLC boosted its holdings in shares of Tractor Supply by 4.3% in the fourth quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer's stock worth $223,000 after acquiring an additional 183 shares during the period. Geneos Wealth Management Inc. raised its stake in shares of Tractor Supply by 22.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer's stock valued at $63,000 after purchasing an additional 220 shares during the period. Aptus Capital Advisors LLC lifted its holdings in Tractor Supply by 0.4% during the 4th quarter. Aptus Capital Advisors LLC now owns 56,698 shares of the specialty retailer's stock worth $2,835,000 after purchasing an additional 222 shares in the last quarter. Larson Financial Group LLC grew its holdings in Tractor Supply by 10.0% during the 4th quarter. Larson Financial Group LLC now owns 2,477 shares of the specialty retailer's stock valued at $124,000 after buying an additional 225 shares in the last quarter. Finally, TD Private Client Wealth LLC increased its position in shares of Tractor Supply by 11.6% during the fourth quarter. TD Private Client Wealth LLC now owns 2,201 shares of the specialty retailer's stock valued at $110,000 after buying an additional 228 shares during the period. Institutional investors own 98.72% of the company's stock.

Tractor Supply Price Performance

TSCO opened at $34.86 on Thursday. The company has a current ratio of 1.33, a quick ratio of 0.23 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $18.28 billion, a P/E ratio of 18.16, a PEG ratio of 3.74 and a beta of 0.48. The stock has a 50-day moving average price of $32.61 and a 200-day moving average price of $37.49. Tractor Supply Company has a 12-month low of $28.36 and a 12-month high of $61.55.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share for the quarter, missing analysts' consensus estimates of $0.82 by ($0.01). The firm had revenue of $4.54 billion for the quarter, compared to analysts' expectations of $4.58 billion. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The business's quarterly revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Equities analysts predict that Tractor Supply Company will post 1.93 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Monday, August 24th. Tractor Supply's dividend payout ratio (DPR) is presently 50.00%.

Insiders Place Their Bets

In related news, Director Andre J. Hawaux acquired 3,150 shares of Tractor Supply stock in a transaction dated Monday, August 3rd. The shares were purchased at an average cost of $31.83 per share, with a total value of $100,264.50. Following the completion of the purchase, the director owned 3,150 shares of the company's stock, valued at $100,264.50. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Edna Morris acquired 1,560 shares of the firm's stock in a transaction dated Tuesday, August 4th. The stock was bought at an average price of $32.44 per share, for a total transaction of $50,606.40. Following the acquisition, the director owned 279,720 shares of the company's stock, valued at approximately $9,074,116.80. This trade represents a 0.56% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired 20,310 shares of company stock valued at $652,411 over the last three months. Insiders own 0.64% of the company's stock.

Wall Street Analysts Forecast Growth

TSCO has been the subject of a number of analyst reports. Wells Fargo & Company cut their price objective on shares of Tractor Supply from $47.00 to $35.00 and set an "overweight" rating for the company in a research report on Wednesday, July 15th. Robert W. Baird cut their price target on shares of Tractor Supply from $50.00 to $38.00 and set an "outperform" rating for the company in a report on Monday, July 20th. Wall Street Zen lowered shares of Tractor Supply from a "hold" rating to a "sell" rating in a research report on Sunday, July 12th. Morgan Stanley reissued a "negative" rating and set a $35.00 price objective on shares of Tractor Supply in a research note on Friday, July 24th. Finally, Wolfe Research set a $34.00 target price on shares of Tractor Supply in a research report on Thursday, July 16th. Thirteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Tractor Supply currently has a consensus rating of "Hold" and an average price target of $39.31.

About Tractor Supply

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.

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