Northwestern Mutual Wealth Management Co. Sells 15,824 Shares of Tractor Supply Company $TSCO

Northwestern Mutual Wealth Management Co. lowered its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 19.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,338 shares of the specialty retailer’s stock after selling 15,824 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Tractor Supply were worth $2,129,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Wedbush Securities Inc. boosted its stake in Tractor Supply by 552.3% in the second quarter. Wedbush Securities Inc. now owns 49,039 shares of the specialty retailer’s stock valued at $1,550,000 after buying an additional 41,521 shares in the last quarter. Greenleaf Trust raised its stake in Tractor Supply by 20.4% during the second quarter. Greenleaf Trust now owns 14,863 shares of the specialty retailer’s stock worth $470,000 after acquiring an additional 2,519 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Tractor Supply by 3.1% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,944,848 shares of the specialty retailer’s stock worth $156,307,000 after acquiring an additional 150,285 shares during the last quarter. New Mexico Educational Retirement Board boosted its stake in shares of Tractor Supply by 9.1% in the 2nd quarter. New Mexico Educational Retirement Board now owns 26,300 shares of the specialty retailer’s stock valued at $831,000 after purchasing an additional 2,200 shares in the last quarter. Finally, Mufg Securities Americas Inc. grew its holdings in shares of Tractor Supply by 8.0% during the 2nd quarter. Mufg Securities Americas Inc. now owns 15,796 shares of the specialty retailer’s stock valued at $499,000 after purchasing an additional 1,175 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors.

Tractor Supply Stock Performance

Shares of TSCO stock opened at $34.99 on Friday. The firm has a market capitalization of $18.35 billion, a PE ratio of 18.22, a price-to-earnings-growth ratio of 3.73 and a beta of 0.48. The firm has a fifty day simple moving average of $32.76 and a two-hundred day simple moving average of $37.33. 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 Company has a 12 month low of $28.36 and a 12 month high of $60.87.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings data 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). The business had revenue of $4.54 billion during the quarter, compared to the consensus estimate of $4.58 billion. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period last year, the business posted $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Analysts forecast that Tractor Supply Company will post 1.93 EPS for the current fiscal year.

Tractor Supply Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be paid a dividend of $0.24 per share. The ex-dividend date is Monday, August 24th. This represents a $0.96 dividend on an annualized basis and a yield of 2.7%. Tractor Supply’s payout ratio is 50.00%.

Insider Buying and Selling at Tractor Supply

In related news, Director Andre Hawaux acquired 3,150 shares of the stock in a transaction dated 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 completion of the purchase, the director directly owned 3,150 shares in the company, valued at $100,264.50. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Harry Lawton, III bought 15,600 shares of the company’s stock in a transaction dated Tuesday, August 4th. The stock was bought at an average price of $32.15 per share, for a total transaction of $501,540.00. Following the acquisition, the chief executive officer directly owned 15,600 shares of the company’s stock, valued at approximately $501,540. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders purchased 20,310 shares of company stock worth $652,411. Insiders own 0.64% of the company’s stock.

Analyst Ratings Changes

TSCO has been the topic of several recent research reports. Wall Street Zen downgraded Tractor Supply from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. Piper Sandler set a $31.00 price target on Tractor Supply and gave the stock a “neutral” rating in a report on Friday, July 24th. UBS Group set a $33.00 target price on shares of Tractor Supply and gave the stock a “neutral” rating in a report on Tuesday, July 14th. Barclays set a $35.00 price target on shares of Tractor Supply and gave the company an “equal weight” rating in a research note on Monday, July 13th. Finally, Truist Financial set a $32.00 price objective on Tractor Supply and gave the company a “hold” rating in a report on Tuesday, June 16th. Thirteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price 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.