Tractor Supply (NASDAQ:TSCO) Price Target Lowered to $48.00 at JPMorgan Chase & Co.

Tractor Supply (NASDAQ:TSCO) had its price objective reduced by JPMorgan Chase & Co. from $55.00 to $48.00 in a report issued on Wednesday,MarketScreener reports. JPMorgan Chase & Co. currently has a neutral rating on the specialty retailer’s stock.

A number of other equities analysts also recently issued reports on the stock. Gordon Haskett downgraded shares of Tractor Supply from an “accumulate” rating to a “hold” rating and cut their price objective for the stock from $57.00 to $50.00 in a report on Thursday, January 8th. Raymond James Financial cut their price objective on shares of Tractor Supply from $60.00 to $48.00 and set an “outperform” rating on the stock in a report on Wednesday. Jefferies Financial Group reaffirmed a “buy” rating and set a $51.00 price objective on shares of Tractor Supply in a report on Tuesday. Stephens cut their price objective on shares of Tractor Supply from $53.00 to $43.00 and set an “equal weight” rating on the stock in a report on Wednesday. Finally, Wells Fargo & Company cut their price objective on shares of Tractor Supply from $55.00 to $47.00 and set an “overweight” rating on the stock in a report on Wednesday. Fifteen investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, Tractor Supply presently has a consensus rating of “Moderate Buy” and a consensus price target of $49.08.

Tractor Supply Stock Down 3.6%

NASDAQ TSCO traded down $1.37 during mid-day trading on Wednesday, hitting $36.81. The company’s stock had a trading volume of 7,358,568 shares, compared to its average volume of 7,320,823. The company’s 50 day simple moving average is $47.59 and its 200 day simple moving average is $51.34. Tractor Supply has a twelve month low of $36.86 and a twelve month high of $63.99. The company has a current ratio of 1.38, a quick ratio of 0.16 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $19.36 billion, a price-to-earnings ratio of 18.06, a PEG ratio of 2.09 and a beta of 0.75.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly 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). The business had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.64 billion. Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.34 EPS. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Analysts anticipate that Tractor Supply will post 2.17 earnings per share for the current year.

Tractor Supply Increases Dividend

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

Insider Activity at Tractor Supply

In other news, CEO Harry A. Lawton III sold 84,670 shares of Tractor Supply stock in a transaction 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 SEC, which is available at this hyperlink. Also, EVP Colin Yankee sold 11,170 shares of Tractor Supply stock in a transaction on Friday, February 13th. The stock was sold at an average price of $55.35, for a total value of $618,259.50. Following the sale, the executive vice president owned 45,515 shares in the company, valued at $2,519,255.25. The trade was a 19.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 222,348 shares of company stock worth $11,959,621. 0.64% of the stock is owned by company insiders.

Institutional Investors Weigh In On Tractor Supply

A number of hedge funds have recently made changes to their positions in the business. Financial Network Wealth Advisors LLC raised its stake in shares of Tractor Supply by 8.0% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 2,465 shares of the specialty retailer’s stock worth $140,000 after purchasing an additional 182 shares during the period. Advyzon Investment Management LLC raised its stake in shares of Tractor Supply by 4.3% during the 4th quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer’s stock worth $223,000 after purchasing an additional 183 shares during the period. Perigon Wealth Management LLC raised its stake in shares of Tractor Supply by 0.6% during the 3rd quarter. Perigon Wealth Management LLC now owns 34,036 shares of the specialty retailer’s stock worth $1,936,000 after purchasing an additional 200 shares during the period. Field & Main Bank raised its stake in shares of Tractor Supply by 1.1% during 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 during the period. Finally, Oak Thistle LLC raised its stake in Tractor Supply by 0.9% in the 4th quarter. Oak Thistle LLC now owns 24,911 shares of the specialty retailer’s stock valued at $1,246,000 after acquiring an additional 215 shares during the period. 98.72% of the stock is currently owned by institutional investors.

Key Stories Impacting Tractor Supply

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

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.