Tractor Supply (NASDAQ:TSCO) Price Target Lowered to $50.00 at DA Davidson

Tractor Supply (NASDAQ:TSCO) had its price objective dropped by investment analysts at DA Davidson from $60.00 to $50.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the specialty retailer’s stock. DA Davidson’s target price suggests a potential upside of 30.08% from the company’s current price.

A number of other equities analysts also recently commented on the company. Robert W. Baird set a $60.00 price objective on Tractor Supply and gave the stock an “outperform” rating in a report on Friday, April 17th. Bank of America began coverage on Tractor Supply in a report on Tuesday, April 7th. They set a “neutral” rating and a $47.00 target price on the stock. JPMorgan Chase & Co. dropped their target price on Tractor Supply from $62.00 to $59.00 and set a “neutral” rating on the stock in a report on Friday, January 30th. Wall Street Zen downgraded Tractor Supply from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Finally, Telsey Advisory Group dropped their target price on Tractor Supply from $63.00 to $52.00 and set an “outperform” rating on the stock in a report on Wednesday. Fourteen equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $54.43.

Tractor Supply Trading Down 2.9%

Shares of Tractor Supply stock traded down $1.13 during trading hours on Wednesday, reaching $38.44. The stock had a trading volume of 9,566,789 shares, compared to its average volume of 7,206,905. The firm has a 50 day simple moving average of $48.23 and a two-hundred day simple moving average of $51.52. The firm has a market capitalization of $20.22 billion, a price-to-earnings ratio of 18.59, a P/E/G ratio of 2.39 and a beta of 0.75. The company has a current ratio of 1.34, a quick ratio of 0.16 and a debt-to-equity ratio of 0.70. Tractor Supply has a 1 year low of $38.41 and a 1 year high of $63.99.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). The firm had revenue of $3.59 billion during the quarter, compared to analysts’ expectations of $3.64 billion. Tractor Supply had a return on equity of 44.36% and a net margin of 7.06%.The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, equities research analysts anticipate that Tractor Supply will post 2.18 earnings per share for the current year.

Insider Activity at Tractor Supply

In other Tractor Supply news, CEO Harry A. Lawton III sold 84,670 shares of Tractor Supply stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $53.16, for a total transaction of $4,501,057.20. Following the sale, the chief executive officer directly owned 606,842 shares in the company, valued at $32,259,720.72. The trade was a 12.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Jonathan S. Estep sold 59,745 shares of Tractor Supply stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $54.03, for a total value of $3,228,022.35. Following the sale, the executive vice president 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. Additional details regarding this sale are available in the official SEC disclosure. 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 Investors Weigh In On Tractor Supply

Several hedge funds and other institutional investors have recently bought and sold shares of TSCO. Norges Bank purchased a new stake in Tractor Supply during the 4th quarter worth approximately $303,862,000. Victory Capital Management Inc. increased its holdings 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 worth $256,408,000 after purchasing an additional 3,958,205 shares during the last quarter. Select Equity Group L.P. increased its holdings 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 purchasing an additional 3,753,414 shares during the last quarter. APG Asset Management N.V. increased its holdings 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 purchasing an additional 3,614,097 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in Tractor Supply by 18.4% during the 4th quarter. Invesco Ltd. now owns 17,433,611 shares of the specialty retailer’s stock worth $871,855,000 after purchasing an additional 2,706,819 shares during the last quarter. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

More Tractor Supply News

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

• Positive Sentiment: Management reaffirmed fiscal 2026 guidance (EPS $2.13–$2.23) and highlighted steady revenue growth and a consistent dividend history — reasons some investors view the pullback as a buying opportunity. Businesswire: Q1 Results MarketBeat: Bruise, Not a Break
• Neutral Sentiment: Wall Street trimmed price targets across multiple firms but many maintained Overweight/Outperform stances — the adjustments lower near‑term expectations while leaving meaningful upside in several analysts’ models. (Examples: Piper Sandler, Wells Fargo, Mizuho, Telsey; Morgan Stanley cut its target and moved to Equal Weight.) Benzinga: Analyst Moves TickerReport
• Negative Sentiment: Q1 results missed consensus: EPS $0.31 vs $0.35 expected and revenue roughly $3.59B vs ~$3.64B forecast. Comparable‑store sales were modest (+0.5%), operating income fell and SG&A grew faster than sales — signaling margin pressure. Press Release / Q1 PDF Earnings Call Transcript
• Negative Sentiment: Market reaction amplified the move: shares slid sharply after the miss as investors weighed near‑term profitability headwinds (tariffs, delivery/transportation costs) and fewer transactions; higher trading volume suggests active repositioning. Benzinga: Stock Reaction
• Negative Sentiment: Insider selling and notable institutional reductions were highlighted in coverage, which can increase short‑term selling pressure and investor caution. QuiverQuant: Insider/Institutional Activity

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.