PBU The Pension Fund of Early Childhood & Youth Educators Makes New Investment in Tractor Supply Company $TSCO

PBU The Pension Fund of Early Childhood & Youth Educators bought a new position in Tractor Supply Company (NASDAQ:TSCO) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 143,150 shares of the specialty retailer’s stock, valued at approximately $7,159,000.

A number of other large investors have also added to or reduced their stakes in the company. Wellington Management Group LLP raised its holdings in Tractor Supply by 1.6% in the third quarter. Wellington Management Group LLP now owns 25,931,699 shares of the specialty retailer’s stock worth $1,474,736,000 after purchasing an additional 420,731 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Tractor Supply by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 15,873,514 shares of the specialty retailer’s stock worth $791,703,000 after acquiring an additional 184,457 shares during the last quarter. Select Equity Group L.P. grew its stake in shares of Tractor Supply by 41.9% during the second quarter. Select Equity Group L.P. now owns 12,713,409 shares of the specialty retailer’s stock worth $670,887,000 after acquiring an additional 3,753,414 shares during the last quarter. Norges Bank purchased a new stake in shares of Tractor Supply during the fourth quarter worth about $303,862,000. Finally, Franklin Resources Inc. grew its stake in shares of Tractor Supply by 3.2% during the third quarter. Franklin Resources Inc. now owns 5,619,107 shares of the specialty retailer’s stock worth $319,559,000 after acquiring an additional 174,641 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on TSCO shares. Jefferies Financial Group restated a “buy” rating and set a $51.00 price target on shares of Tractor Supply in a research note on Tuesday, April 21st. TD Cowen restated a “hold” rating and set a $38.00 price target (down from $53.00) on shares of Tractor Supply in a research note on Monday, April 27th. Wall Street Zen upgraded Tractor Supply from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Gordon Haskett dropped their price target on Tractor Supply from $50.00 to $40.00 and set a “hold” rating on the stock in a research note on Wednesday, April 22nd. Finally, Zacks Research upgraded Tractor Supply from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Fourteen research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.81.

Tractor Supply Price Performance

Shares of NASDAQ TSCO opened at $29.78 on Friday. The business’s 50 day moving average price is $36.90 and its 200 day moving average price is $46.63. 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 52 week low of $28.36 and a 52 week high of $63.99. 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 (NASDAQ:TSCO) last issued its earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). The firm had revenue of $3.59 billion during the quarter, compared to analysts’ expectations of $3.64 billion. Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. Tractor Supply’s quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.34 EPS. 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 year.

Tractor Supply Dividend Announcement

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