Tractor Supply Company $TSCO Shares Acquired by Swedbank AB

Swedbank AB grew its holdings in Tractor Supply Company (NASDAQ:TSCO) by 3.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,129,182 shares of the specialty retailer’s stock after buying an additional 36,495 shares during the quarter. Swedbank AB’s holdings in Tractor Supply were worth $56,470,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TSCO. Bison Wealth LLC increased its position in Tractor Supply by 356.1% during the fourth quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock worth $341,000 after purchasing an additional 5,017 shares during the last quarter. Woodline Partners LP increased its position in 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 purchasing an additional 13,051 shares during the last quarter. Intech Investment Management LLC increased its position in 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 purchasing an additional 5,542 shares during the last quarter. Sei Investments Co. increased its position in Tractor Supply by 1.2% during the second quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock worth $16,676,000 after purchasing an additional 3,631 shares during the last quarter. Finally, Glenview Trust co increased its position in Tractor Supply by 36.0% during the second quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock worth $1,036,000 after purchasing an additional 5,194 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Tractor Supply Stock Performance

Shares of TSCO stock opened at $31.62 on Monday. The company has a quick ratio of 0.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.86. Tractor Supply Company has a 52 week low of $29.42 and a 52 week high of $63.99. The stock has a market capitalization of $16.58 billion, a PE ratio of 15.50, a P/E/G ratio of 1.82 and a beta of 0.51. The firm has a 50 day moving average of $40.13 and a two-hundred day moving average of $48.29.

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

Tractor Supply Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders 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 yield of 3.0%. The ex-dividend date is Wednesday, May 27th. Tractor Supply’s payout ratio is 47.06%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on TSCO. Gordon Haskett dropped their price target on shares of Tractor Supply from $50.00 to $40.00 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. Robert W. Baird set a $60.00 price target on shares of Tractor Supply and gave the company an “outperform” rating in a research report on Friday, April 17th. UBS Group dropped their price target on shares of Tractor Supply from $55.00 to $44.00 and set a “neutral” rating for the company in a research report on Wednesday, April 22nd. Morgan Stanley dropped their price target on shares of Tractor Supply from $57.00 to $45.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 22nd. Finally, TD Cowen reiterated a “hold” rating and set a $38.00 price target (down from $53.00) on shares of Tractor Supply in a research report on Monday, April 27th. Fourteen research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Tractor Supply 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.