Tractor Supply (NASDAQ:TSCO) Price Target Lowered to $40.00 at Gordon Haskett

Tractor Supply (NASDAQ:TSCO) had its target price lowered by Gordon Haskett from $50.00 to $40.00 in a report released on Wednesday morning,MarketScreener reports. The brokerage currently has a hold rating on the specialty retailer’s stock.

A number of other analysts have also weighed in on the company. JPMorgan Chase & Co. dropped their price objective on Tractor Supply from $55.00 to $48.00 and set a “neutral” rating for the company in a research note on Wednesday. DA Davidson dropped their price objective on Tractor Supply from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday. Stephens dropped their price objective on Tractor Supply from $53.00 to $43.00 and set an “equal weight” rating for the company in a research note on Wednesday. Mizuho dropped their price objective on Tractor Supply from $58.00 to $50.00 and set an “outperform” rating for the company in a research note on Wednesday. Finally, The Goldman Sachs Group set a $59.00 target price on Tractor Supply and gave the company a “buy” rating in a report on Friday, January 30th. Fifteen analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Tractor Supply presently has an average rating of “Moderate Buy” and an average target price of $49.08.

Tractor Supply Trading Down 3.6%

Shares of NASDAQ:TSCO traded down $1.37 during trading on Wednesday, reaching $36.81. 7,358,568 shares of the company traded hands, compared to its average volume of 7,320,823. The firm has a market capitalization of $19.36 billion, a price-to-earnings ratio of 18.06, a P/E/G ratio of 2.09 and a beta of 0.75. Tractor Supply has a 52-week low of $36.86 and a 52-week 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 business’s fifty day moving average is $47.59 and its 200-day moving average is $51.34.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). The company had revenue of $3.59 billion for the quarter, compared to analysts’ expectations 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 last year, the company posted $0.34 EPS. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, analysts forecast that Tractor Supply will post 2.17 EPS for the current year.

Tractor Supply Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th were issued a dividend of $0.24 per share. This is a boost from Tractor Supply’s previous quarterly dividend of $0.23. 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. Tractor Supply’s dividend payout ratio is currently 47.06%.

Insider Activity at Tractor Supply

In other Tractor Supply news, CFO Kurt D. Barton sold 1,929 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $53.94, for a total value of $104,050.26. Following the completion of the transaction, the chief financial officer owned 44,736 shares in the company, valued at approximately $2,413,059.84. This represents a 4.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Colin Yankee sold 11,170 shares of the 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 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 trade represents a 19.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 222,348 shares of company stock valued at $11,959,621 over the last 90 days. Company insiders own 0.64% of the company’s stock.

Hedge Funds Weigh In On Tractor Supply

A number of institutional investors have recently added to or reduced their stakes in the company. IFM Investors Pty Ltd raised its holdings in Tractor Supply by 4.6% in the first quarter. IFM Investors Pty Ltd now owns 122,114 shares of the specialty retailer’s stock worth $5,532,000 after purchasing an additional 5,418 shares in the last quarter. Premier Path Wealth Partners LLC raised its holdings in Tractor Supply by 33.4% in the first quarter. Premier Path Wealth Partners LLC now owns 6,191 shares of the specialty retailer’s stock worth $280,000 after purchasing an additional 1,551 shares in the last quarter. AMI Asset Management Corp bought a new position in Tractor Supply in the first quarter worth $583,000. McMillan Office Inc. raised its holdings in Tractor Supply by 16.3% in the first quarter. McMillan Office Inc. now owns 2,326 shares of the specialty retailer’s stock worth $105,000 after purchasing an additional 326 shares in the last quarter. Finally, Klein Pavlis & Peasley Financial Inc. raised its holdings in Tractor Supply by 6.0% in the first quarter. Klein Pavlis & Peasley Financial Inc. now owns 42,200 shares of the specialty retailer’s stock worth $1,912,000 after purchasing an additional 2,393 shares in the last quarter. Institutional investors own 98.72% of the company’s stock.

Key Headlines 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.