Tractor Supply Company (NASDAQ:TSCO) Receives Average Recommendation of “Hold” from Brokerages

Shares of Tractor Supply Company (NASDAQ:TSCO) have received an average recommendation of “Hold” from the twenty-eight research firms that are covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and thirteen have assigned a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $39.31.

A number of equities analysts recently commented on TSCO shares. Zacks Research cut Tractor Supply from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. DA Davidson reduced their price target on shares of Tractor Supply from $50.00 to $40.00 and set a “buy” rating on the stock in a research report on Monday, June 22nd. The Goldman Sachs Group reissued a “buy” rating and issued a $38.00 price objective (down from $43.00) on shares of Tractor Supply in a research note on Friday, July 24th. Loop Capital dropped their price objective on shares of Tractor Supply from $41.00 to $35.00 and set a “hold” rating for the company in a report on Tuesday, June 16th. Finally, Wolfe Research set a $34.00 target price on shares of Tractor Supply in a research note on Thursday, July 16th.

Tractor Supply Trading Down 2.6%

TSCO opened at $31.44 on Friday. Tractor Supply has a 52 week low of $28.36 and a 52 week high of $58.21. The business has a fifty day simple moving average of $33.42 and a 200-day simple moving average of $35.36. The firm has a market cap of $16.49 billion, a P/E ratio of 16.38, a P/E/G ratio of 3.54 and a beta of 0.48. The company has a quick ratio of 0.23, a current ratio of 1.33 and a debt-to-equity ratio of 0.83.

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

Tractor Supply Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Monday, August 24th. Tractor Supply’s dividend payout ratio (DPR) is currently 50.00%.

Insiders Place Their Bets

In other Tractor Supply news, Director Edna Morris purchased 1,560 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was acquired at an average price of $32.44 per share, for a total transaction of $50,606.40. Following the completion of the purchase, the director directly owned 279,720 shares in the company, valued at approximately $9,074,116.80. The trade was a 0.56% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andre Hawaux acquired 3,150 shares of Tractor Supply stock in a transaction dated Monday, August 3rd. The stock was bought at an average price of $31.83 per share, for a total transaction of $100,264.50. Following the completion of the purchase, the director owned 3,150 shares of the company’s stock, valued at approximately $100,264.50. This represents a ∞ 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 worth $652,411 over the last 90 days. Corporate insiders own 0.64% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in TSCO. Reflection Asset Management acquired a new stake in shares of Tractor Supply during the 4th quarter valued at approximately $26,000. Core Wealth Advisors LLC purchased a new position in Tractor Supply in the 4th quarter valued at approximately $27,000. Bayban purchased a new position in Tractor Supply in the 4th quarter valued at approximately $28,000. Elevation Wealth Partners LLC raised its holdings in Tractor Supply by 1,253.4% during the second quarter. Elevation Wealth Partners LLC now owns 785 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 727 shares during the last quarter. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in Tractor Supply during the second quarter worth $26,000. 98.72% of the stock is currently owned by institutional investors and hedge funds.

About Tractor Supply

Tractor Supply Company (NASDAQ:TSCO) is a specialty retailer serving the needs of recreational farmers, ranchers, homeowners, pet owners and other customers who live a rural lifestyle. The company operates Tractor Supply stores across the United States, offering products designed for agriculture, home improvement, outdoor living and animal care.

Its merchandise includes livestock and pet supplies, agricultural and lawn-and-garden equipment, tools, hardware, fencing, workwear, footwear, outdoor power equipment, seasonal goods and home products.