Tractor Supply Company $TSCO Stake Lowered by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund cut its stake in shares of Tractor Supply Company (NASDAQ:TSCO) by 10.4% in the 4th quarter, Holdings Channel reports. The firm owned 145,550 shares of the specialty retailer’s stock after selling 16,900 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Tractor Supply were worth $7,279,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Field & Main Bank grew its holdings in shares of Tractor Supply by 1.1% during the fourth quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock valued at $942,000 after purchasing an additional 200 shares during the last quarter. Oak Thistle LLC grew its holdings in shares of Tractor Supply by 0.9% during the fourth quarter. Oak Thistle LLC now owns 24,911 shares of the specialty retailer’s stock valued at $1,246,000 after purchasing an additional 215 shares during the last quarter. Vestmark Advisory Solutions Inc. grew its holdings in shares of Tractor Supply by 5.1% during the third quarter. Vestmark Advisory Solutions Inc. now owns 4,514 shares of the specialty retailer’s stock valued at $257,000 after purchasing an additional 218 shares during the last quarter. Johnson Investment Counsel Inc. grew its holdings in shares of Tractor Supply by 1.7% during the third quarter. Johnson Investment Counsel Inc. now owns 12,771 shares of the specialty retailer’s stock valued at $726,000 after purchasing an additional 219 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Tractor Supply by 22.7% during the second quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer’s stock valued at $63,000 after purchasing an additional 220 shares during the last quarter. 98.72% of the stock is owned by institutional investors.

Tractor Supply Stock Performance

Shares of NASDAQ TSCO opened at $29.78 on Monday. The company has a current ratio of 1.38, a quick ratio of 0.16 and a debt-to-equity ratio of 0.86. The stock has a 50 day simple moving average of $36.90 and a 200-day simple moving average of $46.58. The company has a market cap of $15.62 billion, a PE ratio of 14.60, a P/E/G ratio of 2.23 and a beta of 0.47. Tractor Supply Company has a 12-month low of $28.36 and a 12-month high of $63.99.

Tractor Supply (NASDAQ:TSCO) last released its earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). The firm had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.64 billion. Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The business’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter last year, the company earned $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. On average, equities research analysts forecast that Tractor Supply Company will post 2.14 EPS for the current year.

Tractor Supply Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.96 annualized dividend and a yield of 3.2%. Tractor Supply’s dividend payout ratio (DPR) is currently 47.06%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on TSCO shares. Piper Sandler downgraded Tractor Supply from an “overweight” rating to a “neutral” rating and reduced their price objective for the stock from $51.00 to $36.00 in a research report on Tuesday, May 5th. The Goldman Sachs Group reduced their price objective on Tractor Supply from $59.00 to $55.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Wells Fargo & Company reduced their price objective on Tractor Supply from $55.00 to $47.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Jefferies Financial Group reiterated a “buy” rating and set a $51.00 price objective on shares of Tractor Supply in a research report on Tuesday, April 21st. Finally, BNP Paribas Exane reduced their price objective on Tractor Supply from $58.00 to $45.00 and set an “outperform” rating for the company in a research report on Wednesday, April 22nd. Fourteen analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $46.81.

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.