Flputnam Investment Management Co. Makes New $1.10 Million Investment in Tractor Supply Company $TSCO

Flputnam Investment Management Co. purchased a new position in Tractor Supply Company (NASDAQ:TSCO) during the second quarter, Holdings Channel reports. The fund purchased 34,727 shares of the specialty retailer’s stock, valued at approximately $1,098,000.

Several other institutional investors have also bought and sold shares of TSCO. Advyzon Investment Management LLC boosted its position in Tractor Supply by 4.3% during the fourth quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer’s stock worth $223,000 after purchasing an additional 183 shares during the period. Field & Main Bank increased its holdings in shares of Tractor Supply by 1.1% in the fourth quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock worth $942,000 after purchasing an additional 200 shares during the period. Geneos Wealth Management Inc. increased its stake in Tractor Supply by 22.7% in the 2nd 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 increased its position in shares of Tractor Supply by 0.4% in the fourth quarter. Aptus Capital Advisors LLC now owns 56,698 shares of the specialty retailer’s stock worth $2,835,000 after purchasing an additional 222 shares during the last quarter. Finally, Larson Financial Group LLC increased its holdings in shares of Tractor Supply by 10.0% in the 4th quarter. Larson Financial Group LLC now owns 2,477 shares of the specialty retailer’s stock worth $124,000 after buying an additional 225 shares during the last quarter. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Tractor Supply Stock Performance

TSCO opened at $34.68 on Tuesday. Tractor Supply Company has a 12-month low of $28.36 and a 12-month high of $62.89. The company’s 50 day moving average is $31.48 and its 200 day moving average is $39.08. The company has a current ratio of 1.33, a quick ratio of 0.23 and a debt-to-equity ratio of 0.83. The company has a market cap of $18.19 billion, a price-to-earnings ratio of 18.06, a PEG ratio of 11.66 and a beta of 0.47.

Tractor Supply (NASDAQ:TSCO) 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 company had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter last year, the firm posted $0.81 earnings per share. The company’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 predict that Tractor Supply Company will post 1.93 EPS for the current year.

Tractor Supply Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Mizuho set a $28.00 price target on shares of Tractor Supply and gave the stock a “neutral” rating in a research note on Friday, July 24th. Telsey Advisory Group lowered their price target on Tractor Supply from $40.00 to $38.00 and set an “outperform” rating for the company in a research report on Friday, July 24th. Zacks Research cut shares of Tractor Supply from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. Jefferies Financial Group restated a “buy” rating and issued a $51.00 target price on shares of Tractor Supply in a research note on Tuesday, April 21st. Finally, Stephens dropped their price objective on shares of Tractor Supply from $53.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 22nd. Thirteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Tractor Supply presently has a consensus rating of “Hold” and an average target price of $39.31.

Insider Transactions at Tractor Supply

In related news, Director Andre J. Hawaux acquired 3,150 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were acquired at an average cost of $31.83 per share, for a total transaction of $100,264.50. Following the completion of the transaction, the director directly owned 3,150 shares in the company, valued at approximately $100,264.50. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Harry A. Lawton III purchased 15,600 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were purchased 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 owned 15,600 shares in the company, valued at $501,540. This trade represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 20,310 shares of company stock worth $652,411 in the last three months. Insiders own 0.64% of the company’s stock.

Tractor Supply Company 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.