Northwestern Mutual Wealth Management Co. Takes Position in Tractor Supply Company $TSCO

Northwestern Mutual Wealth Management Co. bought a new position in Tractor Supply Company (NASDAQ:TSCO - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 67,338 shares of the specialty retailer's stock, valued at approximately $2,129,000.

A number of other large investors have also bought and sold shares of TSCO. Quantbot Technologies LP bought a new stake in shares of Tractor Supply during the second quarter worth $643,000. Landscape Capital Management L.L.C. bought a new position in shares of Tractor Supply in the second quarter valued at about $758,000. Korea Investment CORP bought a new position in shares of Tractor Supply in the second quarter valued at about $6,928,000. EP Wealth Advisors LLC acquired a new position in Tractor Supply during the 2nd quarter worth about $1,625,000. Finally, Callan Family Office LLC acquired a new position in Tractor Supply during the 2nd quarter worth about $822,000. 98.72% of the stock is currently owned by institutional investors.

Insider Activity at Tractor Supply

In related news, Director Andre J. Hawaux acquired 3,150 shares of the company's stock in a transaction that occurred on Monday, August 3rd. The stock was acquired at an average price of $31.83 per share, for a total transaction of $100,264.50. Following the completion of the acquisition, the director owned 3,150 shares of the company's stock, valued at $100,264.50. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Edna Morris bought 1,560 shares of Tractor Supply stock in a transaction on Tuesday, August 4th. The shares were 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. The trade was a 0.56% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders purchased 20,310 shares of company stock worth $652,411. 0.64% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Truist Financial set a $32.00 price objective on shares of Tractor Supply and gave the company a "hold" rating in a research report on Tuesday, June 16th. Evercore reiterated an "outperform" rating and set a $40.00 target price on shares of Tractor Supply in a research report on Tuesday, July 7th. Loop Capital decreased their price target on shares of Tractor Supply from $41.00 to $35.00 and set a "hold" rating on the stock in a research note on Tuesday, June 16th. Wells Fargo & Company lowered their price target on shares of Tractor Supply from $47.00 to $35.00 and set an "overweight" rating for the company in a report on Wednesday, July 15th. Finally, Zacks Research downgraded Tractor Supply from a "hold" rating to a "strong sell" rating in a report on Monday, July 13th. Thirteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $39.31.

Tractor Supply Trading Up 2.7%

TSCO opened at $35.92 on Tuesday. 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 company has a market cap of $18.84 billion, a price-to-earnings ratio of 18.71, a price-to-earnings-growth ratio of 11.38 and a beta of 0.47. The firm has a 50 day simple moving average of $31.92 and a 200 day simple moving average of $38.47. Tractor Supply Company has a fifty-two week low of $28.36 and a fifty-two week high of $62.89.

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 (EPS) for the quarter, missing analysts' consensus estimates of $0.82 by ($0.01). Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The business had revenue of $4.54 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same period in the previous year, the business posted $0.81 earnings per share. Tractor Supply's revenue was up 2.3% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. On average, sell-side analysts anticipate that Tractor Supply Company will post 1.93 earnings per share for the current year.

Tractor Supply Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.7%. Tractor Supply's payout ratio is 50.00%.

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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