Handelsbanken Fonder AB Has $4.31 Million Holdings in Tractor Supply Company $TSCO

Handelsbanken Fonder AB decreased its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 11.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 136,428 shares of the specialty retailer’s stock after selling 18,218 shares during the quarter. Handelsbanken Fonder AB’s holdings in Tractor Supply were worth $4,312,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Community Financial Services Group LLC grew its stake in shares of Tractor Supply by 3,240.0% in the 2nd quarter. Community Financial Services Group LLC now owns 835 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 810 shares in the last quarter. Gradient Investments LLC bought a new stake in shares of Tractor Supply during the 2nd quarter worth about $15,568,000. Elevation Wealth Partners LLC raised its position in shares of Tractor Supply by 1,253.4% in the second quarter. Elevation Wealth Partners LLC now owns 785 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 727 shares during the period. Czech National Bank raised its holdings in Tractor Supply by 3.7% in the 2nd quarter. Czech National Bank now owns 149,279 shares of the specialty retailer’s stock worth $4,719,000 after acquiring an additional 5,370 shares during the period. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in Tractor Supply by 39.9% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 10,597 shares of the specialty retailer’s stock worth $335,000 after acquiring an additional 3,020 shares during the period. 98.72% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Harry A. Lawton III acquired 15,600 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average cost of $32.15 per share, for a total transaction of $501,540.00. Following the completion of the acquisition, the chief executive officer directly owned 15,600 shares in the company, valued at approximately $501,540. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Andre J. Hawaux bought 3,150 shares of Tractor Supply stock in a transaction that occurred on Monday, August 3rd. The shares were acquired at an average price of $31.83 per share, with a total value of $100,264.50. Following the acquisition, the director directly owned 3,150 shares of the company’s stock, valued at $100,264.50. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired 20,310 shares of company stock worth $652,411 over the last ninety days. 0.64% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on TSCO shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a $51.00 price target on shares of Tractor Supply in a research report on Tuesday, April 21st. Evercore reissued an “outperform” rating and issued a $40.00 price objective on shares of Tractor Supply in a research report on Tuesday, July 7th. JPMorgan Chase & Co. dropped their target price on shares of Tractor Supply from $55.00 to $48.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. UBS Group set a $33.00 target price on shares of Tractor Supply and gave the company a “neutral” rating in a research note on Tuesday, July 14th. Finally, Telsey Advisory Group lowered their price target on Tractor Supply from $40.00 to $38.00 and set an “outperform” rating on the stock in a research note on Friday, July 24th. Thirteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $39.31.

Tractor Supply Trading Down 0.9%

TSCO opened at $35.83 on Friday. The company has a current ratio of 1.33, a quick ratio of 0.23 and a debt-to-equity ratio of 0.83. The firm has a 50-day moving average price of $31.39 and a two-hundred day moving average price of $39.34. Tractor Supply Company has a 1-year low of $28.36 and a 1-year high of $62.89. The stock has a market capitalization of $18.79 billion, a PE ratio of 18.66, a PEG ratio of 11.77 and a beta of 0.47.

Tractor Supply (NASDAQ:TSCO) last released its earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.01). Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The firm had revenue of $4.54 billion during the quarter, compared to analyst estimates of $4.58 billion. During the same period last year, the business posted $0.81 earnings per share. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. As a group, equities analysts anticipate that Tractor Supply Company will post 1.93 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Monday, August 24th. Tractor Supply’s dividend payout ratio (DPR) is currently 50.00%.

About Tractor Supply

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.