Tredje AP fonden Has $18.15 Million Position in Tractor Supply Company $TSCO

Tredje AP fonden raised its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 608.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 362,956 shares of the specialty retailer’s stock after buying an additional 311,710 shares during the period. Tredje AP fonden’s holdings in Tractor Supply were worth $18,151,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Bison Wealth LLC lifted its stake in shares of Tractor Supply by 356.1% in the fourth quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock valued at $341,000 after buying an additional 5,017 shares in the last quarter. Woodline Partners LP increased its position in shares of Tractor Supply by 40.7% during the first quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock worth $2,487,000 after acquiring an additional 13,051 shares in the last quarter. Intech Investment Management LLC increased its position in shares of Tractor Supply by 26.9% during the first quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock worth $1,442,000 after acquiring an additional 5,542 shares in the last quarter. Sei Investments Co. raised its holdings in shares of Tractor Supply by 1.2% in the 2nd quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock worth $16,676,000 after acquiring an additional 3,631 shares during the last quarter. Finally, Glenview Trust co lifted its position in Tractor Supply by 36.0% in the 2nd quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock valued at $1,036,000 after acquiring an additional 5,194 shares in the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on TSCO shares. Wall Street Zen upgraded Tractor Supply from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Loop Capital lowered their price objective on Tractor Supply from $51.00 to $41.00 and set a “hold” rating for the company in a research note on Wednesday, April 22nd. Guggenheim restated a “buy” rating and issued a $60.00 target price (down from $65.00) on shares of Tractor Supply in a report on Thursday, April 23rd. Daiwa Securities Group cut their target price on Tractor Supply from $52.00 to $41.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Finally, Evercore decreased their price target on Tractor Supply from $55.00 to $50.00 and set an “outperform” rating for the company in a report on Thursday, April 23rd. Fourteen analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $47.38.

Tractor Supply Trading Up 3.8%

Shares of TSCO stock opened at $31.72 on Tuesday. Tractor Supply Company has a 52-week low of $29.42 and a 52-week high of $63.99. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.16 and a current ratio of 1.38. The company has a 50-day simple moving average of $41.62 and a two-hundred day simple moving average of $48.91. The company has a market capitalization of $16.64 billion, a price-to-earnings ratio of 15.55, a PEG ratio of 1.76 and a beta of 0.51.

Tractor Supply (NASDAQ:TSCO) last posted its 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). Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The firm had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $3.64 billion. During the same period in the prior year, the business earned $0.34 EPS. Tractor Supply’s quarterly revenue was up 3.6% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Research analysts anticipate that Tractor Supply Company will post 2.14 EPS for the current fiscal year.

Tractor Supply Announces Dividend

The firm 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 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Wednesday, May 27th. Tractor Supply’s dividend payout ratio (DPR) is 47.06%.

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.