Tractor Supply Company (NASDAQ:TSCO) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Tractor Supply Company (NASDAQ:TSCO) have received an average rating of “Moderate Buy” from the twenty-one brokerages that are covering the stock, MarketBeat.com reports. Eight investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $61.80.

TSCO has been the topic of several research reports. Bank of America raised Tractor Supply from an “underperform” rating to a “buy” rating and set a $70.00 price objective on the stock in a research report on Thursday, July 24th. Evercore ISI lifted their price objective on Tractor Supply from $60.00 to $65.00 and gave the company an “in-line” rating in a research report on Friday, July 25th. Robert W. Baird lifted their price objective on Tractor Supply from $56.00 to $61.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. UBS Group lifted their price objective on Tractor Supply from $54.00 to $61.00 and gave the company a “neutral” rating in a research report on Friday, July 25th. Finally, JPMorgan Chase & Co. lifted their price objective on Tractor Supply from $56.00 to $65.00 and gave the company a “neutral” rating in a research report on Monday, July 21st.

Insider Activity

In other news, Director Denise L. Jackson sold 4,630 shares of Tractor Supply stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $55.93, for a total transaction of $258,955.90. Following the completion of the transaction, the director directly owned 35,288 shares in the company, valued at approximately $1,973,657.84. This trade represents a 11.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Colin Yankee sold 6,680 shares of Tractor Supply stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $58.40, for a total transaction of $390,112.00. Following the transaction, the executive vice president owned 40,142 shares of the company’s stock, valued at $2,344,292.80. The trade was a 14.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 204,680 shares of company stock valued at $12,071,552. 0.65% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Tractor Supply

Several large investors have recently made changes to their positions in the business. GPS Wealth Strategies Group LLC raised its position in Tractor Supply by 1.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 17,908 shares of the specialty retailer’s stock valued at $945,000 after purchasing an additional 175 shares during the last quarter. Bennett Selby Investments LP raised its position in Tractor Supply by 1.3% in the 2nd quarter. Bennett Selby Investments LP now owns 14,932 shares of the specialty retailer’s stock valued at $788,000 after purchasing an additional 191 shares during the last quarter. Hancock Whitney Corp raised its position in Tractor Supply by 2.0% in the 1st quarter. Hancock Whitney Corp now owns 9,849 shares of the specialty retailer’s stock valued at $543,000 after purchasing an additional 194 shares during the last quarter. Mount Vernon Associates Inc. MD raised its position in Tractor Supply by 0.3% in the 2nd quarter. Mount Vernon Associates Inc. MD now owns 67,570 shares of the specialty retailer’s stock valued at $3,566,000 after purchasing an additional 200 shares during the last quarter. Finally, Nissay Asset Management Corp Japan ADV raised its position in Tractor Supply by 0.3% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 66,483 shares of the specialty retailer’s stock valued at $3,663,000 after purchasing an additional 208 shares during the last quarter. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Tractor Supply Stock Up 1.0%

Shares of NASDAQ:TSCO opened at $60.61 on Monday. The company has a current ratio of 1.28, a quick ratio of 0.16 and a debt-to-equity ratio of 0.68. The stock’s 50-day moving average price is $59.40 and its 200-day moving average price is $54.51. The stock has a market capitalization of $32.12 billion, a P/E ratio of 29.74, a price-to-earnings-growth ratio of 3.11 and a beta of 0.76. Tractor Supply has a 12-month low of $46.85 and a 12-month high of $63.99.

Tractor Supply (NASDAQ:TSCO) last posted its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. The company had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.40 billion. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. Tractor Supply’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the prior year, the business posted $3.93 earnings per share. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. On average, equities analysts anticipate that Tractor Supply will post 2.17 earnings per share for the current year.

Tractor Supply Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Monday, August 25th. Tractor Supply’s dividend payout ratio (DPR) is presently 45.10%.

About Tractor Supply

Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers various merchandise, including livestock and equine feed and equipment, poultry, fencing, and sprayers and chemicals; food, treats, and equipment for dogs, cats, and other small animals, as well as dog wellness products; seasonal and recreation products comprising tractors and riders, lawn and garden, bird feeding, power equipment, and other recreational products; truck, tool, and hardware products, such as truck accessories, trailers, generators, lubricants, batteries, and hardware and tools; and clothing, gift, and décor products consist of clothing, footwear, toys, snacks, and decorative merchandise.