Tractor Supply (NASDAQ:TSCO) Given New $44.00 Price Target at Barclays
by Kim Johansen · The Markets Daily
Tractor Supply (NASDAQ:TSCO – Free Report) had its price objective trimmed by Barclays from $51.00 to $44.00 in a report published on Wednesday,MarketScreener reports. The firm currently has an equal weight rating on the specialty retailer’s stock.
Several other research firms also recently commented on TSCO. Telsey Advisory Group decreased their price target on shares of Tractor Supply from $63.00 to $52.00 and set an “outperform” rating on the stock in a research note on Wednesday. Daiwa Securities Group decreased their price target on shares of Tractor Supply from $52.00 to $41.00 and set a “neutral” rating on the stock in a research note on Thursday. Wells Fargo & Company reduced their price objective on shares of Tractor Supply from $55.00 to $47.00 and set an “overweight” rating on the stock in a research note on Wednesday. UBS Group reduced their price objective on shares of Tractor Supply from $55.00 to $44.00 and set a “neutral” rating on the stock in a research note on Wednesday. Finally, Piper Sandler reduced their price objective on shares of Tractor Supply from $59.00 to $51.00 and set an “overweight” rating on the stock in a research note on Wednesday. Fifteen investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $49.08.
View Our Latest Analysis on Tractor Supply
Tractor Supply Stock Performance
Shares of TSCO stock traded down $1.37 on Wednesday, hitting $36.81. The company’s stock had a trading volume of 7,358,568 shares, compared to its average volume of 7,320,823. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.16 and a current ratio of 1.38. The stock’s 50 day moving average is $47.59 and its 200-day moving average is $51.34. Tractor Supply has a fifty-two week low of $36.86 and a fifty-two week high of $63.99. The company has a market capitalization of $19.36 billion, a PE ratio of 18.06, a PEG ratio of 2.09 and a beta of 0.75.
Tractor Supply (NASDAQ:TSCO – Get Free Report) last released 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). Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The business had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.64 billion. During the same quarter last year, the company posted $0.34 earnings per share. The company’s 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. Equities research analysts expect that Tractor Supply will post 2.17 earnings per share for the current fiscal year.
Tractor Supply Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th were paid a dividend of $0.24 per share. The ex-dividend date was Tuesday, February 24th. This is a positive change from Tractor Supply’s previous quarterly dividend of $0.23. This represents a $0.96 dividend on an annualized basis and a yield of 2.6%. Tractor Supply’s dividend payout ratio is currently 47.06%.
Insider Activity
In other Tractor Supply news, EVP Jonathan S. Estep sold 59,745 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $54.03, for a total transaction of $3,228,022.35. Following the sale, the executive vice president directly owned 80,931 shares in the company, valued at $4,372,701.93. This represents a 42.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Kurt D. Barton sold 1,884 shares of the stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $53.81, for a total transaction of $101,378.04. Following the sale, the chief financial officer owned 52,562 shares in the company, valued at $2,828,361.22. The trade was a 3.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 222,348 shares of company stock valued at $11,959,621. Company insiders own 0.64% of the company’s stock.
Institutional Investors Weigh In On Tractor Supply
A number of hedge funds have recently made changes to their positions in TSCO. Norges Bank acquired a new stake in shares of Tractor Supply in the 4th quarter valued at approximately $303,862,000. Victory Capital Management Inc. boosted its stake in shares of Tractor Supply by 719.1% in 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 purchasing an additional 3,958,205 shares in the last quarter. Select Equity Group L.P. boosted its stake in shares of Tractor Supply by 41.9% in 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 purchasing an additional 3,753,414 shares in the last quarter. APG Asset Management N.V. boosted its stake in shares of Tractor Supply by 505.1% in the 3rd quarter. APG Asset Management N.V. now owns 4,329,556 shares of the specialty retailer’s stock valued at $246,222,000 after purchasing an additional 3,614,097 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Tractor Supply by 18.4% in the 4th quarter. Invesco Ltd. now owns 17,433,611 shares of the specialty retailer’s stock valued at $871,855,000 after purchasing an additional 2,706,819 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors and hedge funds.
More Tractor Supply News
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
About Tractor Supply
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.