Baird Financial Group Inc. Has $17.36 Million Stock Holdings in Tractor Supply Company $TSCO

Key Points

• Baird Financial Group cut its Tractor Supply stake by 43.6% in the second quarter, selling 424,092 shares and retaining 549,044 shares worth approximately $17.36 million. Institutional investors collectively own 98.72% of the company.
• Tractor Supply insiders purchased 20,310 shares worth $652,411 during the past quarter, including purchases by CEO Harry Lawton and Director Edna Morris.
• Analysts have a consensus “Hold” rating on TSCO, with an average price target of $39.31. The company recently reported slightly weaker-than-expected quarterly earnings and revenue, while maintaining fiscal 2026 EPS guidance of $1.90–$2.00.

Baird Financial Group Inc. lessened its stake in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 43.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 549,044 shares of the specialty retailer's stock after selling 424,092 shares during the period. Baird Financial Group Inc. owned about 0.10% of Tractor Supply worth $17,355,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Elevation Wealth Partners LLC increased its position in Tractor Supply by 1,253.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 785 shares of the specialty retailer's stock valued at $25,000 after buying an additional 727 shares in the last quarter. Reflection Asset Management bought a new position in shares of Tractor Supply during the fourth quarter valued at about $26,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Tractor Supply in the 2nd quarter worth approximately $26,000. Core Wealth Advisors LLC purchased a new position in Tractor Supply in the fourth quarter worth $27,000. Finally, Community Financial Services Group LLC grew its position in Tractor Supply by 3,240.0% during the second quarter. Community Financial Services Group LLC now owns 835 shares of the specialty retailer's stock valued at $27,000 after buying an additional 810 shares during the period. Institutional investors own 98.72% of the company's stock.

Insider Buying and Selling

In related news, CEO Harry Lawton, III bought 15,600 shares of the business's stock in a transaction on Tuesday, August 4th. The stock was acquired at an average price of $32.15 per share, with a total value of $501,540.00. Following the transaction, the chief executive officer owned 15,600 shares in the company, valued at approximately $501,540. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Edna Morris purchased 1,560 shares of the company's stock in a transaction dated Tuesday, August 4th. The stock was purchased at an average price of $32.44 per share, for a total transaction of $50,606.40. Following the completion of the purchase, the director owned 279,720 shares in the company, valued at approximately $9,074,116.80. The trade was a 0.56% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have purchased 20,310 shares of company stock worth $652,411. 0.64% of the stock is owned by insiders.

Analysts Set New Price Targets

TSCO has been the topic of a number of research reports. Weiss Ratings upgraded Tractor Supply from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Wednesday, August 26th. Guggenheim set a $40.00 price objective on shares of Tractor Supply and gave the stock a "buy" rating in a research report on Friday, July 24th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $38.00 price target (down from $43.00) on shares of Tractor Supply in a research note on Friday, July 24th. Mizuho set a $28.00 price objective on shares of Tractor Supply and gave the company a "neutral" rating in a research note on Friday, July 24th. Finally, Telsey Advisory Group reduced their price target on Tractor Supply from $40.00 to $38.00 and set an "outperform" rating on the stock in a research report on Friday, July 24th. Thirteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $39.31.

Tractor Supply Stock Performance

Shares of Tractor Supply stock opened at $33.01 on Friday. 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 cap of $17.31 billion, a price-to-earnings ratio of 17.19, a PEG ratio of 3.62 and a beta of 0.48. Tractor Supply Company has a 1 year low of $28.36 and a 1 year high of $60.85. The firm's 50-day moving average is $33.00 and its 200 day moving average is $36.67.

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

Tractor Supply Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Monday, August 24th were given a dividend of $0.24 per share. The ex-dividend date was Monday, August 24th. This represents a $0.96 dividend on an annualized basis and a yield of 2.9%. Tractor Supply's dividend payout ratio is 50.00%.

About Tractor Supply

Tractor Supply Company NASDAQ: TSCO is a specialty retailer serving the needs of recreational farmers, ranchers, homeowners, pet owners and other customers who live a rural lifestyle. The company operates Tractor Supply stores across the United States, offering products designed for agriculture, home improvement, outdoor living and animal care.

Its merchandise includes livestock and pet supplies, agricultural and lawn-and-garden equipment, tools, hardware, fencing, workwear, footwear, outdoor power equipment, seasonal goods and home products.

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