Tractor Supply (NASDAQ:TSCO) Raised to Hold at Zacks Research

Tractor Supply (NASDAQ:TSCO) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Several other equities research analysts also recently issued reports on the stock. UBS Group set a $55.00 target price on shares of Tractor Supply in a research note on Friday, January 30th. Stephens set a $53.00 target price on shares of Tractor Supply and gave the company an “equal weight” rating in a research note on Thursday, January 22nd. Mizuho cut their price objective on shares of Tractor Supply from $65.00 to $58.00 and set an “outperform” rating for the company in a research report on Friday, January 30th. DA Davidson restated a “buy” rating and set a $60.00 price objective on shares of Tractor Supply in a research report on Thursday, April 16th. Finally, Robert W. Baird set a $60.00 price objective on shares of Tractor Supply and gave the stock an “outperform” rating in a research report on Friday, April 17th. Fourteen equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $55.22.

Tractor Supply Stock Performance

NASDAQ:TSCO traded down $0.69 during mid-day trading on Monday, hitting $38.88. The stock had a trading volume of 3,846,776 shares, compared to its average volume of 7,132,569. Tractor Supply has a twelve month low of $38.68 and a twelve month high of $63.99. The stock has a market cap of $20.45 billion, a price-to-earnings ratio of 18.76, a PEG ratio of 2.39 and a beta of 0.75. The company’s 50 day simple moving average is $48.23 and its 200 day simple moving average is $51.52. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.16 and a current ratio of 1.34.

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

Insider Activity

In other Tractor Supply news, EVP Robert D. Mills sold 62,950 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $54.12, for a total transaction 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Harry A. Lawton III sold 84,670 shares of Tractor Supply stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $53.16, for a total transaction of $4,501,057.20. Following the completion of the sale, the chief executive officer owned 606,842 shares of the company’s stock, valued at approximately $32,259,720.72. The trade was a 12.24% 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 and other institutional investors have recently made changes to their positions in TSCO. Norges Bank acquired a new stake in shares of Tractor Supply in the fourth quarter valued at approximately $303,862,000. Victory Capital Management Inc. raised its position in shares of Tractor Supply by 719.1% in the third quarter. Victory Capital Management Inc. now owns 4,508,661 shares of the specialty retailer’s stock valued at $256,408,000 after buying an additional 3,958,205 shares in the last quarter. Select Equity Group L.P. raised its position in shares of Tractor Supply by 41.9% in the second quarter. Select Equity Group L.P. now owns 12,713,409 shares of the specialty retailer’s stock valued at $670,887,000 after buying an additional 3,753,414 shares in the last quarter. APG Asset Management N.V. raised its position in shares of Tractor Supply by 505.1% in 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 in the last quarter. Finally, Invesco Ltd. raised its position in shares of Tractor Supply by 18.4% in 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 in the last quarter. 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: Company reaffirmed fiscal 2026 guidance (EPS $2.13–$2.23; revenue $16.1–$16.5B), which reduces uncertainty around FY outlook and limits downside from the quarter. Business Wire: Q1 Results & Guidance
• Positive Sentiment: Major sell-side firms kept constructive ratings (Overweight/Outperform) even after trimming price targets, implying analysts still see multi‑quarter upside. Benzinga: Analyst Coverage
• Neutral Sentiment: Zacks moved TSCO from “strong sell” to “hold,” a mixed signal that may stabilize selling pressure but doesn’t signal renewed conviction. Zacks: Rating Change
• Neutral Sentiment: Comparable‑store sales were modestly positive (+0.5%), showing demand is not collapsing but growth remains weak — a slow recovery narrative. Seeking Alpha: Earnings Transcript
• Negative Sentiment: Q1 results missed estimates: EPS $0.31 vs. $0.35 expected and revenue $3.59B vs. $3.64B consensus; net income and operating income declined and operating margin compressed as SG&A rose faster than sales. Yahoo Finance: Misses Q1 Sales Expectations
• Negative Sentiment: Analysts trimmed price targets (e.g., Wells Fargo to $47, Piper Sandler to $51, Telsey to $52). Even with maintained bullish ratings, lower targets reduce near‑term upside expectations. TickerReport: Price Target Cuts
• Negative Sentiment: Insider sales and reported large institutional reductions in recent quarters add to selling pressure and signal reduced confidence from some big holders. Quiver Quant: Slide & Ownership Moves

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.