Tractor Supply Company (NASDAQ:TSCO) Given Average Rating of “Hold” by Brokerages

Tractor Supply Company (NASDAQ:TSCO) has earned an average rating of “Hold” from the twenty-eight ratings firms that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and thirteen have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $39.3077.

Several analysts recently issued reports on TSCO shares. JPMorgan Chase & Co. cut their target price on shares of Tractor Supply from $55.00 to $48.00 and set a “neutral” rating for the company in a research report on Wednesday, April 22nd. Raymond James Financial decreased their price target on shares of Tractor Supply from $48.00 to $40.00 and set an “outperform” rating on the stock in a research report on Friday, July 17th. Piper Sandler set a $31.00 price target on shares of Tractor Supply and gave the stock a “neutral” rating in a research note on Friday, July 24th. Jefferies Financial Group reissued a “buy” rating and set a $51.00 price objective on shares of Tractor Supply in a research report on Tuesday, April 21st. Finally, Wells Fargo & Company reduced their price objective on Tractor Supply from $47.00 to $35.00 and set an “overweight” rating for the company in a research note on Wednesday, July 15th.

Insiders Place Their Bets

In related news, Director Andre J. Hawaux acquired 3,150 shares of the stock in a transaction dated Monday, August 3rd. The shares were purchased at an average cost of $31.83 per share, with a total value of $100,264.50. Following the transaction, the director directly owned 3,150 shares in the company, valued at approximately $100,264.50. This represents a ? increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Edna Morris acquired 1,560 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were bought at an average price of $32.44 per share, with a total value of $50,606.40. Following the completion of the purchase, the director owned 279,720 shares in the company, valued at $9,074,116.80. This trade represents a 0.56% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 20,310 shares of company stock worth $652,411 over the last quarter. 0.64% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Tractor Supply

Hedge funds have recently modified their holdings of the company. Advyzon Investment Management LLC increased its holdings in Tractor Supply by 4.3% in the 4th quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer’s stock valued at $223,000 after acquiring an additional 183 shares during the last quarter. Field & Main Bank lifted its stake in Tractor Supply by 1.1% in the 4th quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock worth $942,000 after purchasing an additional 200 shares in the last quarter. Oak Thistle LLC boosted its holdings in shares of Tractor Supply by 0.9% during the 4th quarter. Oak Thistle LLC now owns 24,911 shares of the specialty retailer’s stock valued at $1,246,000 after purchasing an additional 215 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of Tractor Supply by 22.7% during the second quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer’s stock valued at $63,000 after purchasing an additional 220 shares in the last quarter. Finally, Aptus Capital Advisors LLC increased its holdings in shares of Tractor Supply by 0.4% in the fourth quarter. Aptus Capital Advisors LLC now owns 56,698 shares of the specialty retailer’s stock worth $2,835,000 after purchasing an additional 222 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors.

Tractor Supply Stock Up 3.2%

TSCO stock opened at $36.43 on Thursday. The company has a market cap of $19.11 billion, a price-to-earnings ratio of 18.97, a P/E/G ratio of 11.48 and a beta of 0.47. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.23 and a current ratio of 1.33. The business’s 50-day moving average is $31.13 and its two-hundred day moving average is $39.50. Tractor Supply has a fifty-two week low of $28.36 and a fifty-two week high of $62.89.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The firm had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter in the prior year, the firm earned $0.81 earnings per share. The company’s revenue for the quarter was up 2.3% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. As a group, analysts forecast that Tractor Supply will post 1.93 earnings per share for the current year.

Tractor Supply Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Monday, August 24th. Tractor Supply’s payout ratio is currently 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.