Fjarde AP Fonden Fourth Swedish National Pension Fund Sells 6,600 Shares of Tractor Supply Company $TSCO

Key Points

• Fjarde AP Fonden Fourth Swedish National Pension Fund reduced its stake in Tractor Supply Company by 5.0%, selling 6,600 shares, leaving it with 126,445 shares valued at approximately $6.97 million.
• Several hedge funds, including Vanguard Group Inc. and Capital World Investors, increased their stakes in Tractor Supply, indicating strong institutional interest in the stock.
• Tractor Supply recently announced a quarterly dividend of $0.23 per share, with an annualized yield of 1.5%, and reported earnings of $0.81 per share, surpassing expectations.

Fjarde AP Fonden Fourth Swedish National Pension Fund lowered its position in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 5.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 126,445 shares of the specialty retailer's stock after selling 6,600 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Tractor Supply were worth $6,967,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Coppell Advisory Solutions LLC increased its holdings in shares of Tractor Supply by 944.4% in the fourth quarter. Coppell Advisory Solutions LLC now owns 470 shares of the specialty retailer's stock worth $25,000 after purchasing an additional 425 shares during the period. GW&K Investment Management LLC increased its stake in Tractor Supply by 89.3% in the first quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer's stock valued at $26,000 after acquiring an additional 226 shares during the last quarter. Dunhill Financial LLC increased its stake in Tractor Supply by 325.8% in the fourth quarter. Dunhill Financial LLC now owns 511 shares of the specialty retailer's stock valued at $27,000 after acquiring an additional 391 shares during the last quarter. Pacific Center for Financial Services increased its stake in Tractor Supply by 400.0% in the fourth quarter. Pacific Center for Financial Services now owns 550 shares of the specialty retailer's stock valued at $29,000 after acquiring an additional 440 shares during the last quarter. Finally, LRI Investments LLC increased its stake in Tractor Supply by 400.0% in the fourth quarter. LRI Investments LLC now owns 615 shares of the specialty retailer's stock valued at $33,000 after acquiring an additional 492 shares during the last quarter. Institutional investors own 98.72% of the company's stock.

Insiders Place Their Bets

In other Tractor Supply news, EVP Jonathan S. Estep sold 35,825 shares of the firm's stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $56.00, for a total value of $2,006,200.00. Following the completion of the sale, the executive vice president directly owned 74,605 shares in the company, valued at $4,177,880. This trade represents a 32.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Denise L. Jackson sold 1,165 shares of the firm's stock in a transaction dated Tuesday, July 22nd. The stock was sold at an average price of $58.50, for a total transaction of $68,152.50. Following the completion of the sale, the director owned 31,123 shares of the company's stock, valued at $1,820,695.50. This trade represents a 3.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 204,680 shares of company stock valued at $12,071,552 over the last ninety days. 0.65% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

TSCO has been the topic of a number of research analyst reports. Citigroup reduced their target price on Tractor Supply from $59.00 to $51.00 and set a "neutral" rating on the stock in a research note on Friday, April 25th. Evercore ISI increased their target price on Tractor Supply from $60.00 to $65.00 and gave the company an "in-line" rating in a research note on Friday, July 25th. DA Davidson increased their target price on Tractor Supply from $65.00 to $70.00 and gave the company a "buy" rating in a research note on Friday, July 25th. UBS Group increased their target price on Tractor Supply from $54.00 to $61.00 and gave the company a "neutral" rating in a research note on Friday, July 25th. Finally, Raymond James Financial restated an "outperform" rating and set a $65.00 price target (up from $57.00) on shares of Tractor Supply in a research report on Friday, July 25th. Thirteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, Tractor Supply currently has an average rating of "Moderate Buy" and an average price target of $61.80.

Tractor Supply Trading Up 1.9%

Shares of Tractor Supply stock traded up $1.18 during trading on Tuesday, reaching $62.28. 4,393,089 shares of the stock were exchanged, compared to its average volume of 5,590,215. The company has a quick ratio of 0.16, a current ratio of 1.28 and a debt-to-equity ratio of 0.68. The stock's fifty day moving average is $56.23 and its 200 day moving average is $53.80. The firm has a market cap of $33.01 billion, a price-to-earnings ratio of 30.56, a price-to-earnings-growth ratio of 3.11 and a beta of 0.75. Tractor Supply Company has a 1 year low of $46.85 and a 1 year high of $63.99.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last posted its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.01. The company had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.40 billion. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. Tractor Supply's revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the prior year, the business posted $3.93 earnings per share. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, equities research analysts expect that Tractor Supply Company will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 9th. Shareholders of record on Monday, August 25th will be issued a $0.23 dividend. The ex-dividend date is Monday, August 25th. This represents a $0.92 annualized dividend and a yield of 1.5%. Tractor Supply's dividend payout ratio (DPR) is 45.10%.

About Tractor Supply

Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers various merchandise, including livestock and equine feed and equipment, poultry, fencing, and sprayers and chemicals; food, treats, and equipment for dogs, cats, and other small animals, as well as dog wellness products; seasonal and recreation products comprising tractors and riders, lawn and garden, bird feeding, power equipment, and other recreational products; truck, tool, and hardware products, such as truck accessories, trailers, generators, lubricants, batteries, and hardware and tools; and clothing, gift, and décor products consist of clothing, footwear, toys, snacks, and decorative merchandise.