BI Asset Management Fondsmaeglerselskab A S Has $63.93 Million Stock Position in Tractor Supply Company $TSCO

BI Asset Management Fondsmaeglerselskab A S grew its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 31.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,278,292 shares of the specialty retailer’s stock after buying an additional 306,697 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Tractor Supply were worth $63,927,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. PBU The Pension Fund of Early Childhood & Youth Educators acquired a new position in shares of Tractor Supply during the fourth quarter valued at about $7,159,000. WINTON GROUP Ltd purchased a new position in Tractor Supply during the fourth quarter worth about $1,443,000. Vise Technologies Inc. boosted its holdings in Tractor Supply by 57.7% during the fourth quarter. Vise Technologies Inc. now owns 9,794 shares of the specialty retailer’s stock worth $490,000 after purchasing an additional 3,585 shares during the last quarter. Daiwa Securities Group Inc. boosted its holdings in Tractor Supply by 12.1% during the fourth quarter. Daiwa Securities Group Inc. now owns 112,157 shares of the specialty retailer’s stock worth $5,609,000 after purchasing an additional 12,132 shares during the last quarter. Finally, Verus Capital Partners LLC purchased a new position in Tractor Supply during the fourth quarter worth about $204,000. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TSCO has been the topic of several analyst reports. Weiss Ratings cut shares of Tractor Supply from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 8th. Piper Sandler cut shares of Tractor Supply from an “overweight” rating to a “neutral” rating and cut their price target for the stock from $51.00 to $36.00 in a report on Tuesday, May 5th. Jefferies Financial Group restated a “buy” rating and set a $51.00 price target on shares of Tractor Supply in a report on Tuesday, April 21st. The Goldman Sachs Group cut their price target on shares of Tractor Supply from $59.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Finally, UBS Group cut their price target on shares of Tractor Supply from $55.00 to $44.00 and set a “neutral” rating on the stock in a report on Wednesday, April 22nd. Fourteen research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $46.81.

Tractor Supply Stock Performance

Shares of TSCO stock opened at $29.78 on Friday. The stock has a market capitalization of $15.62 billion, a P/E ratio of 14.60, a PEG ratio of 2.20 and a beta of 0.47. The company has a current ratio of 1.38, a quick ratio of 0.16 and a debt-to-equity ratio of 0.86. The firm’s 50 day moving average is $36.90 and its 200 day moving average is $46.63. Tractor Supply Company has a 12 month low of $28.36 and a 12 month high of $63.99.

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

Tractor Supply Dividend Announcement

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