Tractor Supply (NASDAQ:TSCO – Free Report) had its target price decreased by Citigroup from $61.00 to $55.00 in a research note published on Tuesday morning,Benzinga reports. Citigroup currently has a buy rating on the specialty retailer’s stock.
Other equities research analysts also recently issued reports about the stock. Stephens set a $53.00 price objective on shares of Tractor Supply and gave the stock an “equal weight” rating in a research report on Thursday, January 22nd. Wolfe Research reissued an “outperform” rating and set a $57.00 target price on shares of Tractor Supply in a report on Friday, January 30th. Weiss Ratings reissued a “hold (c+)” rating on shares of Tractor Supply in a report on Monday, December 29th. TD Cowen dropped their target price on Tractor Supply from $55.00 to $53.00 and set a “hold” rating for the company in a report on Friday, January 30th. Finally, JPMorgan Chase & Co. dropped their target price on Tractor Supply from $62.00 to $59.00 and set a “neutral” rating for the company in a report on Friday, January 30th. Fourteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $58.52.
View Our Latest Research Report on TSCO
Tractor Supply Trading Down 3.9%
Tractor Supply (NASDAQ:TSCO – Get Free Report) last issued its quarterly earnings data on Thursday, January 29th. The specialty retailer reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.03). The company had revenue of $3.90 billion for the quarter, compared to analyst estimates of $4.03 billion. Tractor Supply had a return on equity of 44.36% and a net margin of 7.06%.The company’s revenue was up 3.3% on a year-over-year basis. During the same quarter last year, the business earned $0.44 earnings per share. As a group, analysts predict that Tractor Supply will post 2.17 earnings per share for the current year.
Tractor Supply Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were given a $0.24 dividend. The ex-dividend date was Tuesday, February 24th. This is a positive change 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 2.2%. Tractor Supply’s dividend payout ratio (DPR) is presently 46.38%.
Insider Buying and Selling
In related news, EVP Jonathan S. Estep sold 59,745 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $54.03, for a total value of $3,228,022.35. Following the completion of the transaction, the executive vice president owned 80,931 shares of the company’s stock, valued at $4,372,701.93. The trade was a 42.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Harry A. Lawton III sold 84,670 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $53.16, for a total value of $4,501,057.20. Following the completion of the transaction, the chief executive officer directly owned 606,842 shares of the company’s stock, valued at approximately $32,259,720.72. This trade represents a 12.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 222,348 shares of company stock valued at $11,959,621 in the last quarter. Corporate insiders own 0.65% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of TSCO. Garner Asset Management Corp acquired a new position in Tractor Supply during the fourth quarter valued at approximately $25,000. Delos Wealth Advisors LLC acquired a new position in Tractor Supply during the second quarter valued at approximately $26,000. Reflection Asset Management acquired a new position in Tractor Supply during the fourth quarter valued at approximately $26,000. Aventura Private Wealth LLC acquired a new position in Tractor Supply during the fourth quarter valued at approximately $27,000. Finally, Core Wealth Advisors LLC acquired a new position in Tractor Supply during the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds 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: Citigroup reaffirmed a Buy rating and set a $55 price target (from $61), leaving a meaningful upside case vs. current levels despite trimming its target. Citigroup lowers PT to $55, keeps Buy
- Positive Sentiment: Analyst/market commentary highlights TSCO as a potentially discounted, defensive retailer with a track record of dividend increases and longer‑term rebound potential, which could attract value investors on pullbacks. 3 Discounted Stocks With Strong Rebound Potential (TSCO)
- Neutral Sentiment: Tractor Supply launched an FFA tote design contest and other community/marketing initiatives (Harvest Fest), which support brand engagement but are unlikely to move near‑term earnings. Tractor Supply Invites FFA Members Nationwide…
- Neutral Sentiment: Market commentary is weighing whether recent weakness makes TSCO a better entry point; this is interpretive and depends on investor risk tolerance and timing. Has Tractor Supply (TSCO) Now Reached A More Attractive Entry Point…
- Negative Sentiment: Bank of America reinstated coverage with a Neutral rating and a $47 price target, explicitly flagging subdued discretionary spending and limited EPS upside — a clear headwind for near‑term share appreciation. Tractor Supply Reinstated at Neutral by BofA…
- Negative Sentiment: Coverage reiterates BofA’s view that weaker discretionary spending and an uncertain macro backdrop will constrain near‑term EPS upside, reinforcing caution among investors. Tractor Supply faces risk from subdued discretionary spending—BofA Securities
- Negative Sentiment: MarketWatch notes TSCO is underperforming peers today, reflecting sector rotation away from discretionary retail exposure after TSCO’s Q4 revenue and EPS shortfall earlier this year. Tractor Supply Co. stock underperforms Tuesday when compared to competitors
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
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