JGP Wealth Management LLC Lowers Position in Tractor Supply Company $TSCO

JGP Wealth Management LLC cut its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 24.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 198,908 shares of the specialty retailer’s stock after selling 62,833 shares during the period. JGP Wealth Management LLC’s holdings in Tractor Supply were worth $6,287,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Goldman Sachs Group Inc. grew its stake in Tractor Supply by 6.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,121,526 shares of the specialty retailer’s stock valued at $156,108,000 after acquiring an additional 184,146 shares in the last quarter. Swedbank AB increased its holdings in Tractor Supply by 3.3% during the 4th quarter. Swedbank AB now owns 1,129,182 shares of the specialty retailer’s stock worth $56,470,000 after acquiring an additional 36,495 shares during the period. Nomura Asset Management Co. Ltd. lifted its stake in Tractor Supply by 44.2% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 727,125 shares of the specialty retailer’s stock worth $36,364,000 after purchasing an additional 222,750 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Tractor Supply by 4.4% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,103,395 shares of the specialty retailer’s stock worth $56,086,000 after purchasing an additional 46,010 shares in the last quarter. Finally, King Luther Capital Management Corp boosted its holdings in Tractor Supply by 1.6% in the 4th quarter. King Luther Capital Management Corp now owns 2,387,723 shares of the specialty retailer’s stock valued at $119,410,000 after purchasing an additional 36,778 shares during the period. 98.72% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Edna Morris acquired 1,560 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was purchased at an average cost 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 $9,074,116.80. This trade represents a 0.56% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Andre J. Hawaux acquired 3,150 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was purchased at an average price of $31.83 per share, with a total value of $100,264.50. Following the completion of the acquisition, the director directly owned 3,150 shares in the company, valued at approximately $100,264.50. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 20,310 shares of company stock valued at $652,411 over the last 90 days. Insiders own 0.64% of the company’s stock.

Tractor Supply Price Performance

Shares of NASDAQ:TSCO opened at $33.41 on Thursday. The company’s fifty day moving average price is $30.71 and its 200-day moving average price is $40.09. 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 firm has a market capitalization of $17.52 billion, a price-to-earnings ratio of 17.40, a PEG ratio of 10.77 and a beta of 0.47. Tractor Supply Company has a one year low of $28.36 and a one year high of $62.89.

Tractor Supply (NASDAQ:TSCO) last posted 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 return on equity of 41.74% and a net margin of 6.42%.The company had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.58 billion. During the same period in the prior year, the firm posted $0.81 earnings per share. The business’s 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, equities research analysts anticipate that Tractor Supply Company will post 1.93 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Wednesday, May 27th were given a dividend of $0.24 per share. The ex-dividend date was Wednesday, May 27th. This represents a $0.96 dividend on an annualized basis and a yield of 2.9%. Tractor Supply’s dividend payout ratio (DPR) is presently 50.00%.

Key Stories Impacting Tractor Supply

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

• Positive Sentiment: CEO Harry A. Lawton III purchased 15,600 shares for approximately $501,540 at an average price of $32.15. Director Edna Morris also bought 1,560 shares for about $50,606, while Director Andre Hawaux purchased 3,150 shares for roughly $100,265. The purchases may reassure investors that company insiders view recent price levels as attractive. CEO and director insider purchase filings
• Positive Sentiment: Tractor Supply announced more than 200 new dog and cat products, including food, treats, toys and everyday essentials. The broader assortment could support customer traffic, market share and sales growth in the pet category. Tractor Supply expands pet assortment
• Neutral Sentiment: The stock trades near $33, below its 200-day moving average of $40.22 but above its 50-day average of $30.66. Analysts’ consensus rating is “Hold,” with an average price target of $39.31, suggesting potential upside but limited conviction.
• Neutral Sentiment: Tractor Supply continues to pay a quarterly dividend of $0.24, or $0.96 annually, representing a yield of approximately 2.9% at recent prices. Institutional investors own about 98.7% of the shares, indicating strong professional ownership but potentially less incremental buying support.
• Negative Sentiment: The company’s latest quarterly results modestly missed expectations: EPS was $0.81 versus $0.82 expected, while revenue of $4.54 billion fell short of the $4.58 billion consensus. Revenue still increased 2.3% year over year, and fiscal 2026 EPS guidance remains $1.90–$2.00, but the miss highlights ongoing execution and growth concerns.

Analysts Set New Price Targets

A number of research analysts have recently commented on TSCO shares. Raymond James Financial reduced their price target on shares of Tractor Supply from $48.00 to $40.00 and set an “outperform” rating for the company in a research report on Friday, July 17th. Evercore reissued an “outperform” rating and set a $40.00 price objective on shares of Tractor Supply in a research note on Tuesday, July 7th. Gordon Haskett boosted their target price on Tractor Supply from $40.00 to $50.00 in a research report on Friday, June 12th. UBS Group set a $33.00 target price on Tractor Supply and gave the stock a “neutral” rating in a research note on Tuesday, July 14th. Finally, Loop Capital lowered their price target on Tractor Supply from $41.00 to $35.00 and set a “hold” rating on the stock in a report on Tuesday, June 16th. Thirteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target 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.