Rakuten Investment Management Inc. Purchases Shares of 86,826 Tractor Supply Company $TSCO

Rakuten Investment Management Inc. acquired a new stake in Tractor Supply Company (NASDAQ:TSCO) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 86,826 shares of the specialty retailer’s stock, valued at approximately $2,709,000.

Several other institutional investors have also made changes to their positions in the business. Advyzon Investment Management LLC lifted its stake 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. Geneos Wealth Management Inc. raised its holdings in shares of 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 buying an additional 220 shares in the last quarter. Aptus Capital Advisors LLC raised its stake 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 worth $2,835,000 after acquiring an additional 222 shares in the last quarter. Larson Financial Group LLC lifted its holdings in Tractor Supply by 10.0% during the 4th 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 last quarter. Finally, TD Private Client Wealth LLC raised its position in Tractor Supply by 11.6% in the 4th 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 last quarter. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Tractor Supply

In related news, Director Edna Morris acquired 1,560 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The stock was acquired at an average price of $32.44 per share, with a total value of $50,606.40. Following the purchase, the director directly owned 279,720 shares in the company, valued at approximately $9,074,116.80. This trade represents a 0.56% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Andre J. Hawaux bought 3,150 shares of the stock in a transaction on Monday, August 3rd. The stock was purchased at an average cost of $31.83 per share, with a total value of $100,264.50. Following the acquisition, the director owned 3,150 shares in the company, valued at approximately $100,264.50. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have purchased 20,310 shares of company stock valued at $652,411. 0.64% of the stock is owned by insiders.

Wall Street Analyst Weigh In

TSCO has been the subject of several recent research reports. Barclays set a $35.00 price objective on Tractor Supply and gave the stock an “equal weight” rating in a report on Monday, July 13th. Guggenheim set a $40.00 price objective on Tractor Supply and gave the company a “buy” rating in a research report on Friday, July 24th. Morgan Stanley reiterated a “negative” rating and set a $35.00 target price on shares of Tractor Supply in a report on Friday, July 24th. Telsey Advisory Group cut their price target on shares of Tractor Supply from $40.00 to $38.00 and set an “outperform” rating for the company in a research note on Friday, July 24th. Finally, Mizuho set a $28.00 price objective on Tractor Supply and gave the company a “neutral” rating in a research note on Friday, July 24th. 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, the company currently has an average rating of “Hold” and a consensus price target of $39.31.

Tractor Supply Stock Performance

TSCO stock opened at $34.72 on Monday. Tractor Supply Company has a 52 week low of $28.36 and a 52 week high of $62.87. The company’s 50-day simple moving average is $32.31 and its 200 day simple moving average is $37.91. The company has a market capitalization of $18.21 billion, a PE ratio of 18.08, a price-to-earnings-growth ratio of 11.29 and a beta of 0.47. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.23 and a current ratio of 1.33.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share 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 analyst estimates of $4.58 billion. During the same quarter in the previous year, the firm posted $0.81 earnings per share. The firm’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. As a group, sell-side analysts anticipate that Tractor Supply Company will post 1.93 earnings per share for the current 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 paid 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 dividend payout ratio (DPR) is presently 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.