Tractor Supply Company $TSCO Shares Sold by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund decreased its holdings in Tractor Supply Company (NASDAQ:TSCO) by 10.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 145,550 shares of the specialty retailer’s stock after selling 16,900 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Tractor Supply were worth $7,279,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of TSCO. Garner Asset Management Corp acquired a new position in shares of Tractor Supply in the fourth quarter worth about $25,000. Aventura Private Wealth LLC acquired a new position in shares of Tractor Supply in the fourth quarter worth about $27,000. Core Wealth Advisors LLC acquired a new position in shares of Tractor Supply in the fourth quarter worth about $27,000. JPL Wealth Management LLC acquired a new position in shares of Tractor Supply in the third quarter worth about $28,000. Finally, Valley Wealth Managers Inc. acquired a new position in shares of Tractor Supply in the fourth quarter worth about $32,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Robert W. Baird set a $60.00 price target on Tractor Supply and gave the stock an “outperform” rating in a research note on Friday, April 17th. Wells Fargo & Company cut their price target on Tractor Supply from $55.00 to $47.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Morgan Stanley cut their price target on Tractor Supply from $57.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 22nd. The Goldman Sachs Group lowered their price objective on Tractor Supply from $59.00 to $55.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Finally, Weiss Ratings lowered Tractor Supply from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 8th. Fourteen equities 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 has a consensus rating of “Moderate Buy” and an average price target of $46.81.

Tractor Supply Price Performance

Shares of Tractor Supply stock opened at $29.78 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. The firm has a market cap of $15.62 billion, a P/E ratio of 14.60, a P/E/G ratio of 2.23 and a beta of 0.47. Tractor Supply Company has a fifty-two week low of $28.36 and a fifty-two week high of $63.99. The business has a 50-day moving average price of $36.90 and a 200 day moving average price of $46.58.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.04). The firm had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $3.64 billion. Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. On average, sell-side analysts forecast that Tractor Supply Company will post 2.14 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.96 annualized dividend and a dividend yield of 3.2%. Tractor Supply’s dividend payout ratio is 47.06%.

Tractor Supply Company 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.