Gradient Investments LLC Takes Position in Tractor Supply Company $TSCO

Key Points

• Gradient Investments acquired 492,490 Tractor Supply shares in the second quarter, worth approximately $15.6 million and representing 0.09% of the company. Institutional investors collectively own 98.72% of TSCO.
• Insiders purchased 20,310 shares worth $652,411 over the past 90 days, including purchases by CEO Harry Lawton and Director Andre Hawaux, signaling management confidence despite the stock’s decline.
• Tractor Supply reported a slight quarterly EPS and revenue miss and reduced its 2026 outlook amid weaker discretionary demand and elevated costs. The company maintained a quarterly dividend of $0.24 per share, equivalent to a 2.8% annualized yield.

Gradient Investments LLC acquired a new position in Tractor Supply Company (NASDAQ:TSCO - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 492,490 shares of the specialty retailer's stock, valued at approximately $15,568,000. Gradient Investments LLC owned 0.09% of Tractor Supply as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in Tractor Supply in the 4th quarter worth approximately $303,862,000. Select Equity Group L.P. grew its holdings in Tractor Supply by 41.9% during the 2nd quarter. Select Equity Group L.P. now owns 12,713,409 shares of the specialty retailer's stock valued at $670,887,000 after buying an additional 3,753,414 shares in the last quarter. Invesco Ltd. grew its holdings in Tractor Supply by 18.4% during the 4th quarter. Invesco Ltd. now owns 17,433,611 shares of the specialty retailer's stock valued at $871,855,000 after buying an additional 2,706,819 shares in the last quarter. Franklin Resources Inc. raised its position in shares of Tractor Supply by 37.1% during the fourth quarter. Franklin Resources Inc. now owns 7,705,579 shares of the specialty retailer's stock valued at $385,356,000 after buying an additional 2,086,472 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its position in shares of Tractor Supply by 46.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,046,977 shares of the specialty retailer's stock valued at $252,400,000 after buying an additional 1,595,803 shares during the last quarter. Hedge funds and other institutional investors own 98.72% of the company's stock.

Insider Activity at Tractor Supply

In other news, CEO Harry A. Lawton III acquired 15,600 shares of the company's stock in a transaction on Tuesday, August 4th. The stock was bought at an average cost of $32.15 per share, with a total value of $501,540.00. Following the completion of the purchase, the chief executive officer directly owned 15,600 shares of the company's stock, valued at $501,540. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Andre J. Hawaux acquired 3,150 shares of the business's stock in a transaction on Monday, August 3rd. The shares were purchased at an average price of $31.83 per share, for a total transaction of $100,264.50. Following the transaction, the director directly owned 3,150 shares of the company's stock, valued at approximately $100,264.50. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have purchased 20,310 shares of company stock worth $652,411. Company insiders own 0.64% of the company's stock.

Tractor Supply Trading Up 1.4%

TSCO opened at $34.56 on Friday. The stock has a 50-day moving average of $30.83 and a 200 day moving average of $39.94. 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 $62.89. The firm has a market cap of $18.12 billion, a P/E ratio of 18.00, a P/E/G ratio of 11.24 and a beta of 0.47.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.82 by ($0.01). The company 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 company's revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter last year, the company earned $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. As a group, research analysts forecast that Tractor Supply Company will post 1.93 EPS for the current year.

Tractor Supply Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.96 annualized dividend and a dividend yield of 2.8%. Tractor Supply's payout ratio is currently 50.00%.

More Tractor Supply News

Here are the key news stories impacting Tractor Supply this week:

• Positive Sentiment: The board declared a quarterly dividend of $0.24 per share, payable September 8 to shareholders of record August 24. The dividend supports a roughly 2.8% annualized yield and may appeal to income-focused investors. Tractor Supply Company declares quarterly dividend
• Positive Sentiment: Company insiders continued buying shares, including Director Edna Morris’s purchase of 1,560 shares at an average price of $32.44. Recent purchases by the CEO and another director may signal that management views the depressed valuation as attractive. Tractor Supply insider buying
• Neutral Sentiment: Tractor Supply is expanding executive responsibilities after its chief technology officer’s resignation, with the board approving new equity awards for executive vice presidents. The move may improve accountability but also highlights a leadership transition. Tractor Supply expands executive roles
• Negative Sentiment: Tractor Supply reduced its 2026 sales, comparable-store sales and earnings outlook as discretionary demand weakens and labor, freight and other costs remain elevated. The update reinforces concerns following the company’s recent revenue and EPS miss.
• Negative Sentiment: Zacks Research repeatedly cut EPS estimates across late 2026 through 2028, lowering fiscal 2026 EPS to $1.93 from $2.15, fiscal 2027 EPS to $2.09 from $2.36 and fiscal 2028 EPS to $2.45 from $2.66. Zacks maintained a “Strong Sell” rating, creating an overhang for TSCO shares. Tractor Supply cuts 2026 outlook

Analyst Ratings Changes

TSCO has been the subject of a number of research reports. Robert W. Baird dropped their target price on shares of Tractor Supply from $50.00 to $38.00 and set an "outperform" rating for the company in a research report on Monday, July 20th. Evercore reiterated an "outperform" rating and issued a $40.00 price target on shares of Tractor Supply in a report on Tuesday, July 7th. Wells Fargo & Company decreased their price target on shares of Tractor Supply from $47.00 to $35.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 15th. Piper Sandler set a $31.00 price target on shares of Tractor Supply and gave the stock a "neutral" rating in a research note on Friday, July 24th. Finally, Wall Street Zen downgraded shares of Tractor Supply from a "hold" rating to a "sell" rating in a report on Sunday, July 12th. Thirteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average 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.

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