PBU The Pension Fund of Early Childhood & Youth Educators Invests $7.16 Million in Tractor Supply Company $TSCO

PBU The Pension Fund of Early Childhood & Youth Educators bought a new position in shares of Tractor Supply Company (NASDAQ:TSCO) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 143,150 shares of the specialty retailer’s stock, valued at approximately $7,159,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Garner Asset Management Corp bought a new stake in shares of Tractor Supply during the fourth quarter worth $25,000. Aventura Private Wealth LLC bought a new stake in shares of Tractor Supply during the fourth quarter worth $27,000. Core Wealth Advisors LLC bought a new stake in shares of Tractor Supply during the fourth quarter worth $27,000. JPL Wealth Management LLC bought a new stake in shares of Tractor Supply during the third quarter worth $28,000. Finally, Valley Wealth Managers Inc. bought a new stake in shares of Tractor Supply during the fourth quarter worth $32,000. 98.72% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

TSCO has been the subject of several research analyst reports. Piper Sandler downgraded Tractor Supply from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $51.00 to $36.00 in a research report on Tuesday, May 5th. Jefferies Financial Group restated a “buy” rating and issued a $51.00 price objective on shares of Tractor Supply in a report on Tuesday, April 21st. Robert W. Baird set a $60.00 price objective on Tractor Supply and gave the company an “outperform” rating in a report on Friday, April 17th. Bank of America began coverage on Tractor Supply in a report on Tuesday, April 7th. They issued a “neutral” rating and a $47.00 price objective for the company. Finally, Guggenheim restated a “buy” rating and issued a $50.00 price objective (down from $60.00) on shares of Tractor Supply in a report on Friday. Fourteen investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat.com, Tractor Supply has an average rating of “Moderate Buy” and an average target price of $46.81.

Tractor Supply Stock Performance

TSCO stock opened at $29.78 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 0.16. The business has a 50-day moving average price of $36.90 and a 200 day moving average price of $46.63. The company has a market capitalization of $15.62 billion, a P/E ratio of 14.60, a PEG ratio of 2.23 and a beta of 0.47. Tractor Supply Company has a 1-year low of $28.36 and a 1-year high of $63.99.

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

Tractor Supply Announces Dividend

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

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.