Handelsbanken Fonder AB Has $7.60 Million Stock Holdings in Tractor Supply Company $TSCO

Handelsbanken Fonder AB cut its holdings in Tractor Supply Company (NASDAQ:TSCO) by 16.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 151,910 shares of the specialty retailer’s stock after selling 30,427 shares during the quarter. Handelsbanken Fonder AB’s holdings in Tractor Supply were worth $7,597,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in TSCO. Bison Wealth LLC lifted its stake in Tractor Supply by 356.1% in the fourth quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock valued at $341,000 after acquiring an additional 5,017 shares during the last quarter. Woodline Partners LP lifted its stake in Tractor Supply by 40.7% in the first quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock valued at $2,487,000 after acquiring an additional 13,051 shares during the last quarter. Intech Investment Management LLC lifted its stake in Tractor Supply by 26.9% in the first quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock valued at $1,442,000 after acquiring an additional 5,542 shares during the last quarter. Sei Investments Co. lifted its stake in Tractor Supply by 1.2% in the second quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock valued at $16,676,000 after acquiring an additional 3,631 shares during the last quarter. Finally, Glenview Trust co lifted its stake in Tractor Supply by 36.0% in the second quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock valued at $1,036,000 after acquiring an additional 5,194 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have issued reports on the stock. UBS Group reduced their target price on shares of Tractor Supply from $55.00 to $44.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Wells Fargo & Company dropped their price target on shares of Tractor Supply from $55.00 to $47.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Guggenheim reissued a “buy” rating and issued a $60.00 price target (down from $65.00) on shares of Tractor Supply in a research report on Thursday, April 23rd. Stephens dropped their price target on shares of Tractor Supply from $53.00 to $43.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 22nd. Finally, Wolfe Research reissued an “outperform” rating and issued a $57.00 price target on shares of Tractor Supply in a research report on Friday, January 30th. Fourteen equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $47.19.

Tractor Supply Trading Down 0.2%

Shares of Tractor Supply stock opened at $31.62 on Friday. The firm has a market capitalization of $16.58 billion, a PE ratio of 15.50, a price-to-earnings-growth ratio of 1.82 and a beta of 0.51. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 0.16. The company’s fifty day moving average price is $40.13 and its two-hundred day moving average price is $48.32. Tractor Supply Company has a 52-week low of $29.42 and a 52-week high of $63.99.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.04). The business 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 company’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same period last year, the firm earned $0.34 EPS. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. On average, analysts expect that Tractor Supply Company will post 2.14 EPS for the current 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 issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Wednesday, May 27th. Tractor Supply’s payout ratio is 47.06%.

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.