Envestnet Asset Management Inc. Cuts Stock Holdings in Tractor Supply Company $TSCO

Key Points

• Envestnet Asset Management cut its Tractor Supply stake by 90.6% in the second quarter, selling 3.92 million shares and retaining 405,195 shares worth about $12.8 million. Institutional investors collectively own 98.72% of TSCO.
• Tractor Supply narrowly missed quarterly expectations, reporting $0.81 EPS versus $0.82 expected and revenue of $4.54 billion versus $4.58 billion expected, while revenue still rose 2.3% year over year. The company maintained fiscal 2026 EPS guidance of $1.90–$2.00.
• The company pays a quarterly dividend of $0.24 per share, equivalent to a 3.1% yield at the time of the report. Analysts have a consensus “Hold” rating and a $39.31 target price, while insiders purchased 20,310 shares during the quarter.

Envestnet Asset Management Inc. lessened its stake in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 90.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 405,195 shares of the specialty retailer's stock after selling 3,917,507 shares during the period. Envestnet Asset Management Inc. owned 0.08% of Tractor Supply worth $12,808,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TSCO. Reflection Asset Management purchased a new position in Tractor Supply during the 4th quarter worth $26,000. Bayban purchased a new position in shares of Tractor Supply during the fourth quarter valued at $28,000. Elevation Wealth Partners LLC raised its holdings in shares of Tractor Supply by 1,253.4% in the second quarter. Elevation Wealth Partners LLC now owns 785 shares of the specialty retailer's stock valued at $25,000 after acquiring an additional 727 shares in the last quarter. Comprehensive Financial Planning Inc. PA bought a new stake in shares of Tractor Supply in the second quarter valued at about $26,000. Finally, Community Financial Services Group LLC lifted its stake in Tractor Supply by 3,240.0% in the second quarter. Community Financial Services Group LLC now owns 835 shares of the specialty retailer's stock worth $27,000 after acquiring an additional 810 shares during the period. Institutional investors own 98.72% of the company's stock.

Insiders Place Their Bets

In related news, CEO Harry Lawton, III purchased 15,600 shares of the business's stock in a transaction on Tuesday, August 4th. The shares were acquired at an average price of $32.15 per share, for a total transaction of $501,540.00. Following the purchase, the chief executive officer owned 15,600 shares of the company's stock, valued at $501,540. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Edna Morris purchased 1,560 shares of the firm's stock in a transaction on Tuesday, August 4th. The stock was bought at an average cost of $32.44 per share, with a total value 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. The trade was a 0.56% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have purchased 20,310 shares of company stock valued at $652,411. Insiders own 0.64% of the company's stock.

Tractor Supply Stock Performance

Shares of TSCO stock opened at $31.29 on Thursday. The business's fifty day simple moving average is $33.57 and its 200-day simple moving average is $34.86. The company has a market cap of $16.41 billion, a PE ratio of 16.30, a PEG ratio of 3.40 and a beta of 0.48. The company has a current ratio of 1.33, a quick ratio of 0.23 and a debt-to-equity ratio of 0.83. Tractor Supply Company has a 12-month low of $28.36 and a 12-month high of $58.21.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last posted 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 business had revenue of $4.54 billion during the quarter, compared to analyst estimates 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 period in the previous year, the business earned $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Analysts expect that Tractor Supply Company will post 1.93 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Monday, August 24th. Tractor Supply's payout ratio is currently 50.00%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Mizuho set a $28.00 target price on shares of Tractor Supply and gave the stock a "neutral" rating in a report on Friday, July 24th. Piper Sandler set a $31.00 price target on shares of Tractor Supply and gave the company a "neutral" rating in a report on Friday, July 24th. Telsey Advisory Group lowered their price target on shares of Tractor Supply from $40.00 to $38.00 and set an "outperform" rating for the company in a research report on Friday, July 24th. Evercore reiterated an "outperform" rating and set a $40.00 price objective on shares of Tractor Supply in a research note on Tuesday, July 7th. Finally, Argus set a $41.00 price objective on shares of Tractor Supply in a report on Tuesday, July 28th. Thirteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $39.31.

About Tractor Supply

Tractor Supply Company NASDAQ: TSCO is a retailer focused on the needs of farmers, ranchers, homeowners, gardeners, pet owners and other customers who lead rural and suburban lifestyles. The company operates under the Tractor Supply banner and serves communities across the United States through stores and digital channels.

Its merchandise includes agricultural and livestock supplies, animal feed, fencing, hardware, tools, workwear, outdoor power equipment, lawn and garden products, home improvement goods, automotive products and seasonal merchandise.

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