Tractor Supply (NASDAQ:TSCO) Given New $46.00 Price Target at Citigroup

Tractor Supply (NASDAQ:TSCO) had its price objective trimmed by Citigroup from $55.00 to $46.00 in a report published on Thursday,Benzinga reports. The firm currently has a buy rating on the specialty retailer’s stock.

Several other equities analysts also recently commented on the stock. Morgan Stanley decreased their price target on shares of Tractor Supply from $57.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Evercore restated an “outperform” rating and issued a $60.00 price target on shares of Tractor Supply in a research note on Friday, January 30th. Bank of America started coverage on shares of Tractor Supply in a research note on Tuesday, April 7th. They issued a “neutral” rating and a $47.00 price target on the stock. Argus cut their price objective 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. Finally, The Goldman Sachs Group set a $59.00 price objective on shares of Tractor Supply and gave the stock a “buy” rating in a research report on Friday, January 30th. Fourteen research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Tractor Supply presently has an average rating of “Moderate Buy” and a consensus target price of $53.35.

Tractor Supply Trading Down 2.0%

TSCO stock opened at $38.17 on Thursday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.16 and a current ratio of 1.38. 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 52 week low of $38.04 and a 52 week high of $63.99. The company has a market capitalization of $20.08 billion, a PE ratio of 18.71, a price-to-earnings-growth ratio of 2.09 and a beta of 0.75.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.04). Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The business had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.64 billion. During the same quarter last year, the company posted $0.34 earnings per share. The company’s revenue was up 3.6% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, sell-side analysts anticipate that Tractor Supply will post 2.17 earnings per share for the current year.

Tractor Supply Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.5%. This is an increase from Tractor Supply’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Tuesday, February 24th. Tractor Supply’s dividend payout ratio (DPR) is currently 47.06%.

Insider Transactions at Tractor Supply

In other news, EVP Colin Yankee sold 11,170 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $55.35, for a total value of $618,259.50. Following the completion of the transaction, the executive vice president owned 45,515 shares of the company’s stock, valued at approximately $2,519,255.25. This represents a 19.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Robert D. Mills sold 62,950 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $54.12, for a total transaction of $3,406,854.00. Following the completion of the transaction, the executive vice president directly owned 122,834 shares of the company’s stock, valued at $6,647,776.08. This trade represents a 33.88% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 222,348 shares of company stock valued at $11,959,621. 0.64% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in TSCO. Bison Wealth LLC lifted its holdings in shares of Tractor Supply by 356.1% in the fourth quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock worth $341,000 after acquiring an additional 5,017 shares during the last quarter. Woodline Partners LP lifted its holdings in shares of Tractor Supply by 40.7% in the first quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock worth $2,487,000 after acquiring an additional 13,051 shares during the last quarter. Intech Investment Management LLC lifted its holdings in shares of Tractor Supply by 26.9% in the first quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock worth $1,442,000 after acquiring an additional 5,542 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of Tractor Supply by 1.2% in the second quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock worth $16,676,000 after acquiring an additional 3,631 shares during the last quarter. Finally, Glenview Trust co raised its holdings in Tractor Supply by 36.0% in the 2nd quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock valued at $1,036,000 after buying an additional 5,194 shares during the last quarter. Institutional investors own 98.72% of the company’s stock.

Trending Headlines about Tractor Supply

Here are the key news stories impacting Tractor Supply this week:

• Positive Sentiment: Q1 sales growth and expansion: Net sales rose 3.6% to $3.59B, driven by a heavy store‑opening cadence (about 40 new Tractor Supply locations) and continued digital strength — signs the company still has top‑line momentum. Tractor Supply Co (TSCO) Q1 2026 Earnings Call Highlights: Record Store Openings and Digital …
• Positive Sentiment: Dividend and income appeal: As the share price has declined, the forward dividend yield has risen (reported above ~2.4% in coverage), which may attract income‑oriented investors looking for a value entry. This Dividend Stock Is Getting Crushed. But With Its Dividend Yield Crossing 2.4%, Is It Time to Buy?
• Neutral Sentiment: Management commentary available — growth vs. margin pressure: The earnings call/transcript outlines investments, category dynamics (companion animal weakness), and how management balances growth initiatives with margin strain. Useful for judging whether current weakness is temporary. Tractor Supply Company (TSCO) Q1 2026 Earnings Call Transcript
• Negative Sentiment: EPS and comp‑sales miss: Q1 EPS of $0.31 missed consensus (~$0.35) and same‑store sales were essentially flat — the immediate catalyst for the down move as investors punish missed execution. Why Tractor Supply (TSCO) Is Down 12.1% After Q1 Earnings Miss and Flat Same-Store Sales
• Negative Sentiment: New 1‑year low and market reaction: The stock hit a fresh one‑year low after the print, prompting momentum selling and retail commentary that the name looks oversold — but downside momentum is clear in the near term. Tractor Supply (NASDAQ:TSCO) Sets New 1-Year Low After Earnings Miss
• Negative Sentiment: Analyst cuts and cautious tone: Multiple brokerages trimmed price targets and adjusted ratings (examples in recent coverage), which amplifies selling pressure even when many firms still show upside — increased analyst caution is weighing on sentiment. TSCO stock: Analysts turn cautious on Tractor Supply after weak Q1 print, but retail says ‘oversold’

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.