Tractor Supply Company (NASDAQ:TSCO – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $30.50 and last traded at $30.7010, with a volume of 463179 shares trading hands. The stock had previously closed at $30.65.
Analyst Upgrades and Downgrades
Several analysts have issued reports on TSCO shares. Daiwa Securities Group dropped their target price on Tractor Supply from $52.00 to $41.00 and set a “neutral” rating for the company in a report on Thursday, April 23rd. BNP Paribas Exane decreased their price target on Tractor Supply from $58.00 to $45.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 22nd. Robert W. Baird set a $60.00 price target on Tractor Supply and gave the company an “outperform” rating in a research note on Friday, April 17th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $51.00 price target on shares of Tractor Supply in a research note on Tuesday, April 21st. Finally, Stephens decreased their price target on Tractor Supply from $53.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 22nd. Fourteen investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to data from MarketBeat, Tractor Supply has a consensus rating of “Moderate Buy” and an average target price of $47.38.
Check Out Our Latest Research Report on Tractor Supply
Tractor Supply Stock Down 1.0%
Tractor Supply (NASDAQ:TSCO – Get Free Report) last announced its earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The firm had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $3.64 billion. During the same quarter last year, the business earned $0.34 earnings per share. The business’s revenue was up 3.6% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Equities research analysts anticipate that Tractor Supply Company will post 2.14 EPS for the current year.
Tractor Supply Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders 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. The ex-dividend date was Tuesday, February 24th. This represents a $0.96 dividend on an annualized basis and a yield of 3.2%. Tractor Supply’s dividend payout ratio (DPR) is currently 47.06%.
Insider Buying and Selling at Tractor Supply
In other Tractor Supply news, EVP Colin Yankee sold 11,170 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $55.35, for a total transaction of $618,259.50. Following the sale, the executive vice president directly owned 45,515 shares in the company, valued at $2,519,255.25. This represents a 19.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Kurt D. Barton sold 1,884 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $53.81, for a total transaction of $101,378.04. Following the sale, the chief financial officer owned 52,562 shares in the company, valued at approximately $2,828,361.22. This trade represents a 3.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 135,749 shares of company stock valued at $7,354,514 in the last quarter. Corporate insiders own 0.64% of the company’s stock.
Institutional Investors Weigh In On Tractor Supply
A number of hedge funds have recently bought and sold shares of the stock. Financial Network Wealth Advisors LLC raised its position in Tractor Supply by 8.0% in the 3rd quarter. Financial Network Wealth Advisors LLC now owns 2,465 shares of the specialty retailer’s stock valued at $140,000 after purchasing an additional 182 shares in the last quarter. Advyzon Investment Management LLC raised its position 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 purchasing an additional 183 shares in the last quarter. Field & Main Bank raised its position in Tractor Supply by 1.1% in the 4th quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock valued at $942,000 after purchasing an additional 200 shares in the last quarter. Oak Thistle LLC raised its position 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 purchasing an additional 215 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. raised its position in Tractor Supply by 5.1% in the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 4,514 shares of the specialty retailer’s stock valued at $257,000 after purchasing an additional 218 shares in the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.
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.
Further Reading
- Five stocks we like better than Tractor Supply
- Before the Moon Base Gets Built, These 4 Companies Win
- Industrial Buybacks: Top Homebuilding Supplier Leads Buyback Increases
- 3 Stocks That Win If Inflation Surprises to the Downside
- MercadoLibre Boldly Invests in Growth: Discount Deepens
Receive News & Ratings for Tractor Supply Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tractor Supply and related companies with MarketBeat.com's FREE daily email newsletter.
