Wedbush Securities Inc. Raises Stock Position in Tractor Supply Company $TSCO

Key Points

• Wedbush Securities increased its Tractor Supply position by 552.3% in the second quarter, ending with 49,039 shares valued at approximately $1.55 million. Institutional investors collectively own 98.72% of the company.
• Tractor Supply reported quarterly revenue of $4.54 billion and earnings of $0.81 per share, narrowly missing analyst estimates, while revenue grew 2.3% year over year. The company maintained fiscal 2026 EPS guidance of $1.90–$2.00.
• The company declared a quarterly dividend of $0.24, equivalent to a 2.8% yield, and insiders purchased more than 20,000 shares worth approximately $652,000 in the latest quarter. Analysts’ consensus rating is Hold, with an average price target of $39.31.

Wedbush Securities Inc. lifted its holdings in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 552.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 49,039 shares of the specialty retailer's stock after buying an additional 41,521 shares during the period. Wedbush Securities Inc.'s holdings in Tractor Supply were worth $1,550,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in TSCO. Advyzon Investment Management LLC lifted its holdings in shares of Tractor Supply by 4.3% in the 4th quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer's stock valued at $223,000 after acquiring an additional 183 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in Tractor Supply by 22.7% during the second quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer's stock worth $63,000 after acquiring an additional 220 shares during the last quarter. Aptus Capital Advisors LLC raised its position in Tractor Supply by 0.4% during the fourth quarter. Aptus Capital Advisors LLC now owns 56,698 shares of the specialty retailer's stock valued at $2,835,000 after purchasing an additional 222 shares during the period. Larson Financial Group LLC raised its position in Tractor Supply by 10.0% during the fourth quarter. Larson Financial Group LLC now owns 2,477 shares of the specialty retailer's stock valued at $124,000 after purchasing an additional 225 shares during the period. Finally, TD Private Client Wealth LLC raised its position in 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 purchasing an additional 228 shares during the period. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Tractor Supply Price Performance

TSCO opened at $34.90 on Tuesday. The company has a market capitalization of $18.30 billion, a price-to-earnings ratio of 18.18, a PEG ratio of 11.29 and a beta of 0.47. 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 $62.87. The business's fifty day simple moving average is $32.41 and its 200-day simple moving average is $37.77.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last released its quarterly earnings data 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). Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The firm had revenue of $4.54 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter in the previous year, the firm earned $0.81 earnings per share. The business'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, equities research analysts anticipate that Tractor Supply Company will post 1.93 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th will be issued a $0.24 dividend. The ex-dividend date 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%.

Analyst Ratings Changes

A number of equities analysts have recently commented on TSCO shares. Telsey Advisory Group dropped their target price on Tractor Supply from $40.00 to $38.00 and set an "outperform" rating for the company in a report on Friday, July 24th. Weiss Ratings upgraded Tractor Supply from a "sell (d+)" rating to a "hold (c-)" rating in a report on Wednesday, August 26th. Robert W. Baird lowered their price target on Tractor Supply from $50.00 to $38.00 and set an "outperform" rating for the company in a research report on Monday, July 20th. Zacks Research lowered shares of Tractor Supply from a "hold" rating to a "strong sell" rating in a research note on Monday, July 13th. Finally, DA Davidson dropped their price objective on shares of Tractor Supply from $50.00 to $40.00 and set a "buy" rating for the company in a research note on Monday, June 22nd. 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. According to data from MarketBeat, Tractor Supply presently has an average rating of "Hold" and a consensus target price of $39.31.

Insider Activity

In other Tractor Supply news, Director Edna Morris acquired 1,560 shares of the business's stock in a transaction that occurred on Tuesday, August 4th. The shares were bought at an average cost of $32.44 per share, with a total value of $50,606.40. Following the completion of the acquisition, the director directly owned 279,720 shares in the company, valued at $9,074,116.80. This represents a 0.56% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Harry A. Lawton III acquired 15,600 shares of the business's stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average cost of $32.15 per share, for a total transaction of $501,540.00. Following the completion of the acquisition, the chief executive officer owned 15,600 shares of the company's stock, valued at $501,540. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders acquired 20,310 shares of company stock worth $652,411. 0.64% of the stock is currently owned by corporate insiders.

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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