Ilmarinen Mutual Pension Insurance Co Trims Position in Tractor Supply Company $TSCO

Ilmarinen Mutual Pension Insurance Co decreased its holdings in shares of Tractor Supply Company (NASDAQ:TSCO) by 57.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 62,525 shares of the specialty retailer’s stock after selling 85,000 shares during the period. Ilmarinen Mutual Pension Insurance Co’s holdings in Tractor Supply were worth $3,127,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in TSCO. Victory Capital Management Inc. boosted its stake in shares of Tractor Supply by 719.1% during the third quarter. Victory Capital Management Inc. now owns 4,508,661 shares of the specialty retailer’s stock worth $256,408,000 after buying an additional 3,958,205 shares during the period. Select Equity Group L.P. lifted its position in Tractor Supply by 41.9% during the 2nd 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 period. APG Asset Management N.V. lifted its position in Tractor Supply by 505.1% during the 3rd quarter. APG Asset Management N.V. now owns 4,329,556 shares of the specialty retailer’s stock worth $246,222,000 after acquiring an additional 3,614,097 shares during the period. Holocene Advisors LP lifted its position in Tractor Supply by 771.0% during the 3rd quarter. Holocene Advisors LP now owns 2,421,674 shares of the specialty retailer’s stock worth $137,721,000 after acquiring an additional 2,143,627 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its position in Tractor Supply by 166.1% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,224,774 shares of the specialty retailer’s stock worth $111,261,000 after acquiring an additional 1,388,762 shares during the period. Institutional investors and hedge funds own 98.72% of the company’s stock.

Tractor Supply Stock Up 0.5%

TSCO opened at $31.53 on Friday. 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 business has a 50 day simple moving average of $38.48 and a 200-day simple moving average of $47.54. The stock has a market capitalization of $16.54 billion, a P/E ratio of 15.46, a P/E/G ratio of 2.35 and a beta of 0.51. Tractor Supply Company has a 12 month low of $29.42 and a 12 month high of $63.99.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 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 analyst estimates of $3.64 billion. Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. On average, equities analysts anticipate that Tractor Supply Company will post 2.14 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th will be paid a $0.24 dividend. The ex-dividend date is Wednesday, May 27th. This represents a $0.96 annualized dividend and a dividend yield of 3.0%. Tractor Supply’s dividend payout ratio (DPR) is 47.06%.

Analysts Set New Price Targets

A number of research firms have weighed in on TSCO. Loop Capital decreased their price objective on Tractor Supply from $51.00 to $41.00 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. JPMorgan Chase & Co. decreased their price objective on Tractor Supply from $55.00 to $48.00 and set a “neutral” rating for the company in a research report on Wednesday, April 22nd. Barclays reduced their target price on shares of Tractor Supply from $51.00 to $44.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 22nd. Piper Sandler cut shares of Tractor Supply from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $51.00 to $36.00 in a research note on Tuesday, May 5th. Finally, Telsey Advisory Group reduced their target price on shares of Tractor Supply from $63.00 to $52.00 and set an “outperform” rating for the company in a research note on Wednesday, April 22nd. Fourteen research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat.com, Tractor Supply presently has a consensus rating of “Moderate Buy” and an average price target of $47.19.

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.