Tractor Supply Company (NASDAQ:TSCO) Receives Consensus Rating of “Hold” from Brokerages

Tractor Supply Company (NASDAQ:TSCO) has received an average rating of “Hold” from the twenty-eight brokerages that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and thirteen have given a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $39.3077.

A number of research analysts have recently commented on the company. Weiss Ratings upgraded Tractor Supply from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday. DA Davidson reduced their price target on Tractor Supply from $50.00 to $40.00 and set a “buy” rating on the stock in a research note on Monday, June 22nd. TD Cowen reiterated a “hold” rating on shares of Tractor Supply in a report on Wednesday, July 15th. UBS Group set a $33.00 price objective on Tractor Supply and gave the stock a “neutral” rating in a report on Tuesday, July 14th. Finally, Wells Fargo & Company lowered their price objective on Tractor Supply from $47.00 to $35.00 and set an “overweight” rating for the company in a research report on Wednesday, July 15th.

Insider Activity at Tractor Supply

In other Tractor Supply news, CEO Harry A. Lawton III acquired 15,600 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average price of $32.15 per share, with a total value of $501,540.00. Following the completion of the purchase, the chief executive officer directly owned 15,600 shares of the company’s stock, valued at approximately $501,540. The trade was a ? increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Edna Morris bought 1,560 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were acquired at an average cost of $32.44 per share, with a total value of $50,606.40. Following the purchase, the director directly owned 279,720 shares of the company’s stock, valued at approximately $9,074,116.80. This represents a 0.56% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 20,310 shares of company stock valued at $652,411 in the last three months. Company insiders own 0.64% of the company’s stock.

Hedge Funds Weigh In On Tractor Supply

Several large investors have recently modified their holdings of TSCO. JPL Wealth Management LLC bought a new position in Tractor Supply in the 3rd quarter worth about $28,000. Garner Asset Management Corp bought a new stake in Tractor Supply during the 4th quarter valued at about $25,000. Reflection Asset Management purchased a new position in Tractor Supply in the fourth quarter worth about $26,000. Core Wealth Advisors LLC purchased a new position in Tractor Supply in the fourth quarter worth about $27,000. Finally, Bayban bought a new position in shares of Tractor Supply in the fourth quarter worth approximately $28,000. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Tractor Supply Price Performance

Shares of NASDAQ TSCO opened at $34.72 on Monday. Tractor Supply has a 1 year low of $28.36 and a 1 year high of $62.87. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.33 and a quick ratio of 0.23. The company’s 50-day moving average is $32.31 and its 200 day moving average is $37.91. The stock has a market capitalization of $18.21 billion, a P/E ratio of 18.08, a P/E/G ratio of 11.29 and a beta of 0.47.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.01). The company had revenue of $4.54 billion during the quarter, compared to analysts’ expectations of $4.58 billion. Tractor Supply had a return on equity of 41.74% and a net margin of 6.42%.The business’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the business earned $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. On average, sell-side analysts expect that Tractor Supply will post 1.93 earnings per share for the current year.

Tractor Supply Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Monday, August 24th. Tractor Supply’s dividend payout ratio (DPR) is presently 50.00%.

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.