Landscape Capital Management L.L.C. Makes New $758,000 Investment in Tractor Supply Company $TSCO

Landscape Capital Management L.L.C. purchased a new position in shares of Tractor Supply Company (NASDAQ:TSCO) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,984 shares of the specialty retailer’s stock, valued at approximately $758,000.

Other large investors also recently modified their holdings of the company. Garner Asset Management Corp bought a new stake in Tractor Supply during the 4th quarter worth $25,000. Elevation Wealth Partners LLC increased its holdings in Tractor Supply by 1,253.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 785 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 727 shares in the last quarter. Reflection Asset Management bought a new position in Tractor Supply in the fourth quarter valued at about $26,000. Comprehensive Financial Planning Inc. PA bought a new position in Tractor Supply in the second quarter valued at about $26,000. Finally, Core Wealth Advisors LLC acquired a new stake in shares of Tractor Supply during the fourth quarter valued at about $27,000. 98.72% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Tractor Supply

In other news, Director Andre J. Hawaux bought 3,150 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was acquired at an average price of $31.83 per share, with a total value of $100,264.50. Following the transaction, 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Edna Morris purchased 1,560 shares of the stock in a transaction on Tuesday, August 4th. The shares were purchased at an average price of $32.44 per share, with a total value of $50,606.40. Following the acquisition, the director owned 279,720 shares in the company, valued at approximately $9,074,116.80. The trade was a 0.56% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders bought 20,310 shares of company stock valued at $652,411. 0.64% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on TSCO. Citigroup restated a “buy” rating on shares of Tractor Supply in a report on Thursday, July 16th. Robert W. Baird dropped their price objective on shares of Tractor Supply from $50.00 to $38.00 and set an “outperform” rating for the company in a report on Monday, July 20th. TD Cowen reiterated a “hold” rating on shares of Tractor Supply in a research report on Wednesday, July 15th. Wells Fargo & Company reduced their target price on shares of Tractor Supply from $47.00 to $35.00 and set an “overweight” rating on the stock in a report on Wednesday, July 15th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $38.00 target price (down from $43.00) on shares of Tractor Supply in a report on Friday, July 24th. Thirteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $39.31.

Tractor Supply Price Performance

Shares of TSCO opened at $34.98 on Monday. The stock’s 50-day moving average price is $31.82 and its two-hundred day moving average price is $38.59. Tractor Supply Company has a 12 month low of $28.36 and a 12 month high of $62.89. The company has a market capitalization of $18.35 billion, a PE ratio of 18.22, a PEG ratio of 11.38 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 (NASDAQ:TSCO) last issued its quarterly earnings results 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 company had revenue of $4.54 billion during the quarter, compared to analyst estimates of $4.58 billion. During the same period in the previous year, the company posted $0.81 EPS. The company’s quarterly revenue was up 2.3% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. On average, analysts anticipate 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. Investors 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 yield of 2.7%. Tractor Supply’s dividend payout ratio is presently 50.00%.

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.