Connor Clark & Lunn Investment Management Ltd. Makes New $68.46 Million Investment in Tractor Supply Company $TSCO

Posted by Stanley Muller on Aug 24th, 2026

Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Tractor Supply Company (NASDAQ:TSCO – Free Report) during the second quarter, HoldingsChannel.com reports. The firm acquired 2,165,709 shares of the specialty retailer’s stock, valued at approximately $68,458,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in Tractor Supply during the 2nd quarter valued at $1,500,967,000. Capital International Investors increased its position in Tractor Supply by 3.9% during the fourth quarter. Capital International Investors now owns 24,279,046 shares of the specialty retailer’s stock valued at $1,214,390,000 after acquiring an additional 902,659 shares during the last quarter. State Street Corp raised its stake in shares of Tractor Supply by 0.7% in the fourth quarter. State Street Corp now owns 23,051,776 shares of the specialty retailer’s stock valued at $1,152,819,000 after acquiring an additional 162,774 shares during the period. Invesco Ltd. lifted its holdings in shares of Tractor Supply by 18.4% in the 4th quarter. Invesco Ltd. now owns 17,433,611 shares of the specialty retailer’s stock worth $871,855,000 after acquiring an additional 2,706,819 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Tractor Supply by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 15,873,514 shares of the specialty retailer’s stock worth $791,703,000 after purchasing an additional 184,457 shares during the period. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Tractor Supply Price Performance

Shares of NASDAQ TSCO opened at $34.98 on Monday. Tractor Supply Company has a 52-week low of $28.36 and a 52-week high of $62.89. The firm has a market capitalization of $18.35 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 11.38 and a beta of 0.47. The stock has a 50 day moving average price of $31.82 and a 200 day moving average price of $38.59. 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 – Get Free Report) last issued its 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 return on equity of 41.74% and a net margin of 6.42%.The firm had revenue of $4.54 billion during the quarter, compared to analysts’ expectations of $4.58 billion. During the same quarter in the prior year, the company posted $0.81 earnings per share. Tractor Supply’s quarterly revenue was up 2.3% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Sell-side analysts expect that Tractor Supply Company will post 1.93 earnings per share for the current year.

Tractor Supply Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Weiss Ratings downgraded shares of Tractor Supply from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, July 23rd. Morgan Stanley restated a “negative” rating and set a $35.00 target price on shares of Tractor Supply in a research report on Friday, July 24th. Citigroup reiterated a “buy” rating on shares of Tractor Supply in a report on Thursday, July 16th. UBS Group set a $33.00 price target on Tractor Supply and gave the stock a “neutral” rating in a research note on Tuesday, July 14th. Finally, Argus set a $41.00 target price on Tractor Supply in a research report on Tuesday, July 28th. Thirteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Tractor Supply has an average rating of “Hold” and a consensus target price of $39.31.

Read Our Latest Analysis on TSCO

Insiders Place Their Bets

In other Tractor Supply news, CEO Harry A. Lawton III purchased 15,600 shares of Tractor Supply stock in a transaction dated Tuesday, August 4th. The stock was acquired at an average price of $32.15 per share, for a total transaction of $501,540.00. Following the acquisition, the chief executive officer owned 15,600 shares in the company, valued at $501,540. This trade represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andre J. Hawaux purchased 3,150 shares of the stock in a transaction dated Monday, August 3rd. The stock was acquired at an average cost of $31.83 per share, with a total value of $100,264.50. Following the transaction, the director directly owned 3,150 shares in the company, valued at approximately $100,264.50. This trade represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 20,310 shares of company stock worth $652,411 in the last three months. Corporate insiders own 0.64% of the company’s stock.

About Tractor Supply

(Free Report)

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.