Tractor Supply Company $TSCO Stock Position Trimmed by Handelsbanken Fonder AB

Handelsbanken Fonder AB cut its position in Tractor Supply Company (NASDAQ:TSCO) by 16.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 151,910 shares of the specialty retailer’s stock after selling 30,427 shares during the quarter. Handelsbanken Fonder AB’s holdings in Tractor Supply were worth $7,597,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Swedbank AB lifted its position in Tractor Supply by 3.3% in the 4th quarter. Swedbank AB now owns 1,129,182 shares of the specialty retailer’s stock valued at $56,470,000 after purchasing an additional 36,495 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Tractor Supply by 4.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,103,395 shares of the specialty retailer’s stock worth $56,086,000 after buying an additional 46,010 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Tractor Supply by 1.6% during the 3rd quarter. Wellington Management Group LLP now owns 25,931,699 shares of the specialty retailer’s stock worth $1,474,736,000 after buying an additional 420,731 shares in the last quarter. Speece Thorson Capital Group Inc. raised its position in shares of Tractor Supply by 22.0% during the 4th quarter. Speece Thorson Capital Group Inc. now owns 307,359 shares of the specialty retailer’s stock worth $15,371,000 after buying an additional 55,493 shares in the last quarter. Finally, First National Bank of Omaha bought a new stake in shares of Tractor Supply during the 3rd quarter worth about $5,069,000. 98.72% of the stock is currently owned by institutional investors.

Tractor Supply Stock Performance

Tractor Supply stock opened at $31.62 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 company has a market cap of $16.58 billion, a P/E ratio of 15.50, a price-to-earnings-growth ratio of 1.82 and a beta of 0.51. The firm’s 50 day simple moving average is $40.13 and its 200-day simple moving average is $48.32. Tractor Supply Company has a fifty-two week low of $29.42 and a fifty-two week high of $63.99.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.04). The company had revenue of $3.59 billion for 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% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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 predict that Tractor Supply Company will post 2.14 EPS for the current year.

Tractor Supply Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Wednesday, May 27th. Tractor Supply’s dividend payout ratio (DPR) is currently 47.06%.

Wall Street Analysts Forecast Growth

TSCO has been the topic of a number of recent analyst reports. Piper Sandler downgraded shares of Tractor Supply from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $51.00 to $36.00 in a research report on Tuesday, May 5th. Daiwa Securities Group dropped their price target on shares of Tractor Supply from $52.00 to $41.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Raymond James Financial dropped their price target on shares of Tractor Supply from $60.00 to $48.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 22nd. Truist Financial set a $44.00 price target on shares of Tractor Supply and gave the stock a “hold” rating in a research report on Tuesday, April 21st. Finally, Wells Fargo & Company dropped their price target on shares of Tractor Supply from $55.00 to $47.00 and set an “overweight” rating on the stock 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 company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $47.19.

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.