<div id="readability-page-1"><p>DnB Asset Management AS grew its position in shares of  Tractor Supply (NASDAQ:TSCO - Free Report) by 414.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 93,310 shares of the specialty retailer's stock after purchasing an additional 75,186 shares during the quarter. DnB Asset Management AS's holdings in Tractor Supply were worth $4,951,000 as of its most recent filing with the SEC.</p><div><p><span></span><span>Get <strong>Tractor Supply</strong> alerts:</span></p></div><ul><li>3 Companies Buying Back Stock – Why They’re Doubling Down</li></ul><p>A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in  Tractor Supply by 392.5% in the fourth quarter. Vanguard Group Inc. now owns 64,033,972 shares of the specialty retailer's stock worth $3,397,643,000 after acquiring an additional 51,031,178 shares in the last quarter.  JPMorgan Chase &amp; Co. grew its stake in shares of  Tractor Supply by 391.0% in the 4th quarter. JPMorgan Chase &amp; Co. now owns 10,821,654 shares of the specialty retailer's stock worth $574,197,000 after purchasing an additional 8,617,869 shares during the last quarter.  Raymond James Financial Inc. bought a new stake in shares of  Tractor Supply in the 4th quarter worth approximately $329,458,000.  Norges Bank acquired a new stake in  Tractor Supply during the fourth quarter valued at approximately $289,491,000.  Finally, Meridiem Investment Management Ltd. boosted its holdings in  Tractor Supply by 398.9% during the fourth quarter. Meridiem Investment Management Ltd. now owns 5,118,785 shares of the specialty retailer's stock worth $271,674,000 after buying an additional 4,092,808 shares in the last quarter. Institutional investors own  98.72% of the company's stock. </p><h2>Tractor Supply Trading Down 1.3 %</h2><p>NASDAQ:TSCO opened at $53.47 on Monday. The company has a market capitalization of $28.55 billion, a P/E ratio of 26.21, a P/E/G ratio of 2.95 and a beta of 0.85. The stock's 50 day moving average price is $55.03 and its 200 day moving average price is $55.66. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.20 and a current ratio of 1.43. Tractor Supply has a 52 week low of $48.30 and a 52 week high of $61.53. </p><ul><li>2 Agriculture Stocks To Benefit From a Trump Presidency in 2025 </li></ul><p>Tractor Supply (NASDAQ:TSCO - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $0.44 earnings per share for the quarter, missing analysts' consensus estimates of $2.28 by ($1.84). Tractor Supply had a net margin of 7.40% and a return on equity of 49.01%.  On average, research analysts forecast that  Tractor Supply will post 2.17 EPS for the current fiscal year. </p><h2>Tractor Supply Increases Dividend</h2><p>The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Wednesday, February 26th were issued a dividend of $0.92 per share. This is a positive change from Tractor Supply's previous quarterly dividend of $0.22. The ex-dividend date  was Wednesday, February 26th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 6.88%. Tractor Supply's dividend payout ratio  is currently 45.10%. </p><ul><li>Tractor Supply Stock Pulls Back: A Prime Buying Opportunity</li></ul><p>Tractor Supply declared that its board has approved a stock buyback plan on Thursday, February 13th that authorizes the company to buyback $1.00 billion in    shares. This buyback authorization authorizes the specialty retailer to purchase up to 3.3% of its stock  through open market purchases. Stock  buyback plans are generally an indication that the company's board of directors believes its shares are undervalued. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several research analysts have issued reports on the company. Mizuho upped their price target on Tractor Supply from $60.00 to $62.00 and gave the company an &#34;outperform&#34; rating in a report on Thursday, January 23rd. Barclays cut their target price on Tractor Supply from $262.00 to $52.00 and set an &#34;equal weight&#34; rating on the stock in a research report on Monday, December 30th. Bank of America increased their price target on Tractor Supply from $44.00 to $53.00 and gave the company an &#34;underperform&#34; rating in a research report on Thursday, January 16th. JPMorgan Chase &amp; Co. boosted their price objective on Tractor Supply from $58.00 to $59.00 and gave the stock a &#34;neutral&#34; rating in a report on Friday, January 31st. Finally, Telsey Advisory Group  reiterated an &#34;outperform&#34; rating and issued a $67.00 target price on shares of Tractor Supply in a report on Thursday, January 30th. Two analysts have rated the stock with a sell rating, six have assigned  a hold rating, twelve have given a buy rating and one  has issued  a strong buy rating to the company's stock. According to MarketBeat, Tractor Supply currently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $59.22.</p><p><b>Check Out Our Latest Stock Analysis on Tractor Supply</b></p><h2>Insider Activity at Tractor Supply</h2><p>In other news, EVP Colin Yankee sold 24,602 shares of the firm's stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $54.15, for a total value of $1,332,198.30. Following the sale, the executive vice president now directly owns 33,645 shares of the company's stock, valued at approximately $1,821,876.75. This trade represents a 42.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Harry A. Lawton III sold 88,095 shares of Tractor Supply stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $54.59, for a total value of $4,809,106.05. Following the completion of the transaction, the chief executive officer now owns 488,852 shares in the company, valued at $26,686,430.68. The trade was a 15.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 137,993 shares of company stock valued at $7,538,068. Corporate insiders own  0.24% of the company's stock. </p><h2>Tractor Supply Profile</h2> (Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Tractor Supply</li><li>Using the MarketBeat Dividend Tax Calculator</li><li>Venezuelan Tariffs Could Power These 3 Diesel-Driven Winners</li><li>The 3 Best Retail Stocks to Shop for in August</li><li>MarketBeat Week in Review – 03/24 - 03/28</li><li>What is a Dividend Harvesting Strategy and How Can Investors Profit from it?</li><li>Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low</li></ul><p><strong>Want to see what other hedge funds are holding TSCO?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tractor Supply (NASDAQ:TSCO - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VFNDTw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VFNDTw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Tractor Supply Right Now?</h2><p>Before you consider Tractor Supply, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tractor Supply wasn't on the list.</p><p>While Tractor Supply currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

TSCO

<p>DnB Asset Management AS increased its stake in Tractor Supply (NASDAQ:TSCO) by 414.8% in Q4, owning 93,310 shares valued at $4.95 million. Other institutional investors also raised their positions significantly. The stock opened at $53.47, with a market cap of $28.55 billion. Tractor Supply recently reported earnings of $0.44 per share, missing estimates, and announced a dividend increase to $0.92 per share. The company also approved a $1 billion stock buyback plan, indicating confidence in its valuation. Analysts have mixed ratings and price targets for the stock.</p>

Tractor Supply (NASDAQ:TSCO) Shares Purchased by DnB Asset Management AS