Barclays Lowers Tractor Supply (NASDAQ:TSCO) Price Target to $44.00

24 Apr 2026, 14:34 by Amy Steele · The Cerbat Gem

Tractor Supply (NASDAQ:TSCO – Get Free Report) had its target price cut by stock analysts at Barclays from $51.00 to $44.00 in a note issued to investors on Wednesday,MarketScreener reports. The brokerage presently has an “equal weight” rating on the specialty retailer’s stock. Barclays‘s price objective would suggest a potential upside of 19.41% from the stock’s previous close.

Several other research analysts have also issued reports on the company. Wolfe Research reaffirmed an “outperform” rating and set a $57.00 target price on shares of Tractor Supply in a research report on Friday, January 30th. Truist Financial set a $44.00 target price on Tractor Supply and gave the company a “hold” rating in a research report on Tuesday. Robert W. Baird set a $60.00 target price on Tractor Supply and gave the company an “outperform” rating in a research report on Friday, April 17th. The Goldman Sachs Group set a $59.00 target price on Tractor Supply and gave the company a “buy” rating in a research report on Friday, January 30th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Tractor Supply in a research note on Monday, December 29th. Fifteen investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat.com, Tractor Supply presently has a consensus rating of “Moderate Buy” and an average price target of $49.08.

Read Our Latest Stock Report on Tractor Supply

Tractor Supply Stock Down 3.5%

Shares of NASDAQ:TSCO traded down $1.32 during trading on Wednesday, reaching $36.85. The stock had a trading volume of 7,232,407 shares, compared to its average volume of 7,320,823. Tractor Supply has a one year low of $36.86 and a one year high of $63.99. The company has a market capitalization of $19.38 billion, a P/E ratio of 18.06, a PEG ratio of 2.09 and a beta of 0.75. The company has a current ratio of 1.38, a quick ratio of 0.16 and a debt-to-equity ratio of 0.86. The firm’s 50-day simple moving average is $47.59 and its 200 day simple moving average is $51.34.

Tractor Supply (NASDAQ:TSCO – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The firm had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $3.64 billion. During the same quarter in the prior year, the business posted $0.34 earnings per share. The firm’s quarterly revenue was up 3.6% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, research analysts expect that Tractor Supply will post 2.17 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Robert D. Mills sold 62,950 shares of Tractor Supply stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $54.12, for a total value of $3,406,854.00. Following the completion of the sale, the executive vice president directly owned 122,834 shares in the company, valued at $6,647,776.08. This trade represents a 33.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Kurt D. Barton sold 1,884 shares of Tractor Supply stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $53.81, for a total transaction of $101,378.04. Following the completion of the sale, the chief financial officer owned 52,562 shares of the company’s stock, valued at $2,828,361.22. This trade represents a 3.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 222,348 shares of company stock worth $11,959,621 over the last ninety days. Company insiders own 0.64% of the company’s stock.

Institutional Trading of Tractor Supply

Several institutional investors and hedge funds have recently bought and sold shares of TSCO. Norges Bank acquired a new stake in Tractor Supply during the 4th quarter valued at approximately $303,862,000. Victory Capital Management Inc. lifted its stake in Tractor Supply by 719.1% during the 3rd quarter. Victory Capital Management Inc. now owns 4,508,661 shares of the specialty retailer’s stock valued at $256,408,000 after acquiring an additional 3,958,205 shares during the period. Select Equity Group L.P. lifted its stake 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 valued at $670,887,000 after acquiring an additional 3,753,414 shares during the period. APG Asset Management N.V. grew its position in Tractor Supply by 505.1% during the third quarter. APG Asset Management N.V. now owns 4,329,556 shares of the specialty retailer’s stock valued at $246,222,000 after buying an additional 3,614,097 shares during the period. Finally, Invesco Ltd. grew its position in Tractor Supply by 18.4% during the fourth quarter. Invesco Ltd. now owns 17,433,611 shares of the specialty retailer’s stock valued at $871,855,000 after buying an additional 2,706,819 shares during the period. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Tractor Supply News Roundup

Here are the key news stories impacting Tractor Supply this week:

Positive Sentiment: Reaffirmed guidance, store growth and digital momentum: Q1 results showed net sales up 3.6% driven by 40 new stores and double‑digit digital growth; management kept FY 2026 guidance intact, which limits near‑term downside risk. Earnings Highlights
Positive Sentiment: Income/contrarian angle: the stock’s drop has pushed yield higher and some retail commentary calls the name “oversold,” supporting a potential value/dividend trade for income investors. Fool: Dividend Opportunity
Positive Sentiment: Some brokers still maintain bullish stances (Citigroup retained a buy rating despite cutting its target; DA Davidson has also kept a buy-oriented view even after lowering its target), indicating pockets of analyst support for upside—though targets were trimmed. (Benzinga coverage)
Neutral Sentiment: Valuation comparison: analyses comparing Tractor Supply to peers like Petco (WOOF) suggest mixed signals on which is the better value right now—useful background but not a direct catalyst. Zacks: WOOF vs TSCO
Negative Sentiment: Q1 miss and flat comps sparked the selloff: EPS and revenue both missed Street expectations and same‑store sales were essentially flat, the primary immediate driver of the decline. Why TSCO Is Down
Negative Sentiment: Multiple analyst downgrades/target cuts: several large brokers trimmed price targets or lowered expectations (UBS, Mizuho, Morgan Stanley, Wells Fargo, Telsey, Piper Sandler, DA Davidson among others), increasing selling pressure and reducing near‑term upside consensus. Examples: UBS Pessimistic Mizuho Lowers Expectations Morgan Stanley Forecast
Negative Sentiment: Technical/market reaction: the post‑earnings move set a new 52‑week low and triggered further momentum selling, amplifying the price decline. New 1-Year Low

Tractor Supply Company Profile

(Get Free Report)

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.