Tractor Supply Company $TSCO Shares Sold by Forsta AP Fonden

Forsta AP Fonden decreased its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 8.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 272,600 shares of the specialty retailer’s stock after selling 25,800 shares during the period. Forsta AP Fonden owned approximately 0.05% of Tractor Supply worth $13,633,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPL Wealth Management LLC acquired a new position in Tractor Supply during the 3rd quarter worth approximately $28,000. Garner Asset Management Corp acquired a new position in Tractor Supply during the 4th quarter worth approximately $25,000. Aventura Private Wealth LLC acquired a new stake in shares of Tractor Supply in the 4th quarter worth approximately $27,000. Valley Wealth Managers Inc. acquired a new stake in shares of Tractor Supply in the 4th quarter worth approximately $32,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of Tractor Supply in the 4th quarter worth approximately $35,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

Analysts Set New Price Targets

TSCO has been the topic of a number of research reports. BNP Paribas Exane lowered their price target on Tractor Supply from $58.00 to $45.00 and set an “outperform” rating on the stock in a report on Wednesday, April 22nd. Wells Fargo & Company lowered their price target on Tractor Supply from $55.00 to $47.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Loop Capital lowered their price target on Tractor Supply from $51.00 to $41.00 and set a “hold” rating on the stock in a report on Wednesday, April 22nd. TD Cowen restated a “hold” rating and issued a $38.00 price target (down from $53.00) on shares of Tractor Supply in a report on Monday, April 27th. Finally, The Goldman Sachs Group lowered their price target on Tractor Supply from $59.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Fourteen investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.19.

Tractor Supply Price Performance

TSCO stock opened at $31.53 on Friday. Tractor Supply Company has a 1 year low of $29.42 and a 1 year 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 stock’s 50 day moving average price is $38.48 and its 200 day moving average price is $47.54. The firm has a market cap of $16.54 billion, a P/E ratio of 15.46, a PEG ratio of 2.36 and a beta of 0.51.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The business had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $3.64 billion. During the same period in the prior year, the company earned $0.34 EPS. The company’s revenue for the quarter 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. On average, sell-side analysts expect that Tractor Supply Company will post 2.14 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

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

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.