Landscape Capital Management L.L.C. Invests $758,000 in Tractor Supply Company $TSCO

Landscape Capital Management L.L.C. acquired a new stake in Tractor Supply Company (NASDAQ:TSCO) during the second quarter, Holdings Channel.com reports. The firm acquired 23,984 shares of the specialty retailer’s stock, valued at approximately $758,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. JPL Wealth Management LLC acquired a new stake in shares of Tractor Supply during the 3rd quarter worth approximately $28,000. Garner Asset Management Corp bought a new stake in shares of Tractor Supply in the 4th quarter valued at $25,000. Reflection Asset Management acquired a new position in shares of Tractor Supply during the 4th quarter valued at $26,000. Core Wealth Advisors LLC acquired a new position in shares of Tractor Supply during the 4th quarter valued at $27,000. Finally, Bayban acquired a new position in shares of Tractor Supply during the 4th quarter valued at $28,000. Institutional investors own 98.72% of the company’s stock.

Analysts Set New Price Targets

TSCO has been the subject of a number of research reports. Gordon Haskett raised their price target on shares of Tractor Supply from $40.00 to $50.00 in a report on Friday, June 12th. Evercore reiterated an “outperform” rating and set a $40.00 price objective on shares of Tractor Supply in a report on Tuesday, July 7th. Raymond James Financial cut their price objective on shares of Tractor Supply from $48.00 to $40.00 and set an “outperform” rating on the stock in a research report on Friday, July 17th. Wall Street Zen cut shares of Tractor Supply from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. Finally, UBS Group set a $33.00 target price on Tractor Supply and gave the company a “neutral” rating in a research note on Tuesday, July 14th. Thirteen 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. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $39.31.

Tractor Supply Price Performance

Shares of TSCO opened at $34.98 on Monday. Tractor Supply Company has a 12-month low of $28.36 and a 12-month high of $62.89. The business’s fifty day moving average is $31.82 and its 200 day moving average is $38.59. The company has a quick ratio of 0.23, a current ratio of 1.33 and a debt-to-equity ratio of 0.83. The stock has a market cap of $18.35 billion, a P/E ratio of 18.22, a P/E/G ratio of 11.38 and a beta of 0.47.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.01). The business had revenue of $4.54 billion during the quarter, compared to analyst estimates of $4.58 billion. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The business’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Sell-side 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 announced a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.96 annualized dividend and a dividend yield of 2.7%. Tractor Supply’s payout ratio is presently 50.00%.

Insider Transactions at Tractor Supply

In related news, Director Andre J. Hawaux purchased 3,150 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was acquired at an average price of $31.83 per share, for a total transaction of $100,264.50. Following the purchase, the director owned 3,150 shares of the company’s stock, valued at approximately $100,264.50. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Edna Morris acquired 1,560 shares of the firm’s stock in a transaction 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 approximately $9,074,116.80. This represents a 0.56% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired a total of 20,310 shares of company stock valued at $652,411 over the last three months. Corporate 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.