Tractor Supply (NASDAQ:TSCO) Given New $48.00 Price Target at Raymond James Financial

Tractor Supply (NASDAQ:TSCO) had its target price cut by Raymond James Financial from $60.00 to $48.00 in a report released on Wednesday,MarketScreener reports. They currently have an outperform rating on the specialty retailer’s stock.

Other analysts also recently issued reports about the stock. Robert W. Baird set a $60.00 target price on shares of Tractor Supply and gave the stock an “outperform” rating in a research report on Friday, April 17th. Argus decreased their target price on shares of Tractor Supply from $67.00 to $64.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. Truist Financial set a $44.00 target price on shares of Tractor Supply and gave the stock a “hold” rating in a research report on Tuesday. Jefferies Financial Group reissued a “buy” rating and issued a $51.00 target price on shares of Tractor Supply in a research report on Tuesday. Finally, Evercore decreased their target price on shares of Tractor Supply from $55.00 to $50.00 and set an “outperform” rating for the company in a research report on Thursday. Fifteen research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $49.08.

Tractor Supply Stock Down 3.6%

TSCO traded down $1.37 on Wednesday, reaching $36.81. 7,358,568 shares of the company traded hands, compared to its average volume of 7,320,823. The stock’s 50 day moving average price is $47.59 and its 200-day moving average price is $51.34. Tractor Supply has a 52-week low of $36.86 and a 52-week high of $63.99. The company has a market cap of $19.36 billion, a price-to-earnings ratio of 18.06, a PEG ratio of 2.09 and a beta of 0.75. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 0.16.

Tractor Supply (NASDAQ:TSCO) last announced 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). Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The company had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $3.64 billion. During the same period in the previous year, the firm posted $0.34 earnings per share. The business’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, sell-side analysts expect that Tractor Supply will post 2.17 EPS for the current fiscal year.

Tractor Supply Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th were given a $0.24 dividend. This is a positive change from Tractor Supply’s previous quarterly dividend of $0.23. This represents a $0.96 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Tuesday, February 24th. Tractor Supply’s payout ratio is presently 47.06%.

Insider Buying and Selling at Tractor Supply

In related news, CFO Kurt D. Barton sold 1,884 shares of the company’s stock in a transaction on Tuesday, February 10th. The shares were 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 directly owned 52,562 shares of the company’s stock, valued at approximately $2,828,361.22. This represents a 3.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Jonathan S. Estep sold 59,745 shares of the company’s stock in a transaction on Wednesday, February 11th. The stock was 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 of the company’s stock, valued at approximately $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 in the last quarter. 0.64% of the stock is owned by corporate insiders.

Institutional Trading of Tractor Supply

Large investors have recently modified their holdings of the company. Wellington Management Group LLP boosted its holdings in shares of Tractor Supply by 1.6% during the 3rd quarter. Wellington Management Group LLP now owns 25,931,699 shares of the specialty retailer’s stock worth $1,474,736,000 after buying an additional 420,731 shares during the period. First National Bank of Omaha acquired a new position in Tractor Supply during the 3rd quarter valued at $5,069,000. NEOS Investment Management LLC raised its stake in Tractor Supply by 49.9% during the 3rd quarter. NEOS Investment Management LLC now owns 63,881 shares of the specialty retailer’s stock valued at $3,633,000 after purchasing an additional 21,256 shares during the last quarter. HighTower Advisors LLC raised its stake in Tractor Supply by 9.2% during the 3rd quarter. HighTower Advisors LLC now owns 289,610 shares of the specialty retailer’s stock valued at $16,470,000 after purchasing an additional 24,312 shares during the last quarter. Finally, Montrusco Bolton Investments Inc. raised its stake in Tractor Supply by 7.5% during the 3rd quarter. Montrusco Bolton Investments Inc. now owns 1,000,530 shares of the specialty retailer’s stock valued at $56,900,000 after purchasing an additional 69,498 shares during the last quarter. 98.72% of the stock is owned by institutional investors.

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

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.