Lansforsakringar Fondforvaltning AB publ Increases Position in Tractor Supply Company $TSCO

Lansforsakringar Fondforvaltning AB publ lifted its stake in Tractor Supply Company (NASDAQ:TSCO) by 19.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 638,048 shares of the specialty retailer’s stock after purchasing an additional 104,099 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in Tractor Supply were worth $28,903,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. JPL Wealth Management LLC purchased a new position in Tractor Supply in the third quarter valued at about $28,000. Garner Asset Management Corp acquired a new stake in shares of Tractor Supply during the 4th quarter valued at approximately $25,000. Reflection Asset Management purchased a new stake in shares of Tractor Supply during the 4th quarter worth approximately $26,000. Core Wealth Advisors LLC purchased a new stake in shares of Tractor Supply during the 4th quarter worth approximately $27,000. Finally, Aventura Private Wealth LLC acquired a new stake in shares of Tractor Supply in the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Tractor Supply Stock Down 0.0%

Shares of NASDAQ:TSCO opened at $31.20 on Tuesday. The company has a quick ratio of 0.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $16.36 billion, a P/E ratio of 15.29, a P/E/G ratio of 2.37 and a beta of 0.47. Tractor Supply Company has a 52-week low of $28.36 and a 52-week high of $63.99. The stock’s fifty day simple moving average is $32.28 and its 200-day simple moving average is $43.97.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). The company had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $3.64 billion. Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The company’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.34 EPS. 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 2.11 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th were paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $0.96 annualized dividend and a dividend yield of 3.1%. Tractor Supply’s dividend payout ratio is presently 47.06%.

Analysts Set New Price Targets

TSCO has been the subject of several research analyst reports. Telsey Advisory Group dropped their price objective on Tractor Supply from $63.00 to $52.00 and set an “outperform” rating for the company in a research note on Wednesday, April 22nd. Wall Street Zen upgraded Tractor Supply from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. BNP Paribas Exane lowered their target price on Tractor Supply from $58.00 to $45.00 and set an “outperform” rating on the stock in a report on Wednesday, April 22nd. Argus dropped their price target on Tractor Supply from $64.00 to $50.00 and set a “buy” rating for the company in a research report on Monday, April 27th. Finally, Loop Capital decreased their price objective on shares of Tractor Supply from $41.00 to $35.00 and set a “hold” rating on the stock in a research report on Tuesday, June 16th. Fourteen analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat, Tractor Supply has a consensus rating of “Moderate Buy” and a consensus price target of $45.50.

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.