Tractor Supply (NASDAQ:TSCO) Price Target Cut to $51.00 by Analysts at Piper Sandler

Tractor Supply (NASDAQ:TSCO) had its price target lowered by Piper Sandler from $59.00 to $51.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has an overweight rating on the specialty retailer’s stock.

Other equities research analysts also recently issued research reports about the company. Wells Fargo & Company reissued an “overweight” rating and issued a $55.00 price objective (down from $60.00) on shares of Tractor Supply in a report on Tuesday, April 14th. Citigroup cut their price objective on Tractor Supply from $61.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday, April 7th. Gordon Haskett downgraded Tractor Supply from an “accumulate” rating to a “hold” rating and cut their price target for the company from $57.00 to $50.00 in a report on Thursday, January 8th. Morgan Stanley cut their price target on Tractor Supply from $60.00 to $57.00 and set an “equal weight” rating for the company in a report on Friday, January 30th. Finally, DA Davidson reaffirmed a “buy” rating and set a $60.00 price target on shares of Tractor Supply in a report on Thursday, April 16th. Fourteen investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $53.96.

Tractor Supply Trading Down 1.5%

NASDAQ TSCO opened at $38.96 on Wednesday. The company has a market cap of $20.49 billion, a PE ratio of 19.10, a PEG ratio of 2.10 and a beta of 0.75. The company has a current ratio of 1.38, a quick ratio of 0.16 and a debt-to-equity ratio of 0.86. Tractor Supply has a 12 month low of $38.29 and a 12 month high of $63.99. The stock has a 50 day moving average of $47.91 and a 200-day moving average of $51.44.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.04). The company had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.64 billion. Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The company’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.34 EPS. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. On average, equities research analysts anticipate that Tractor Supply will post 2.18 EPS for the current fiscal year.

Tractor Supply Increases Dividend

The firm also recently declared 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. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $0.96 annualized dividend and a yield of 2.5%. This is a positive change from Tractor Supply’s previous quarterly dividend of $0.23. Tractor Supply’s payout ratio is 46.38%.

Insider Buying and Selling at Tractor Supply

In other Tractor Supply news, CFO Kurt D. Barton sold 1,884 shares of the firm’s stock in a transaction 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 completion of the sale, the chief financial officer owned 52,562 shares of the company’s stock, valued at $2,828,361.22. This trade represents a 3.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Harry A. Lawton III sold 84,670 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer directly owned 606,842 shares of the company’s stock, valued at $32,259,720.72. This represents a 12.24% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 222,348 shares of company stock worth $11,959,621. 0.64% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Garner Asset Management Corp bought a new position in Tractor Supply during the 4th quarter worth $25,000. Reflection Asset Management bought a new position in Tractor Supply during the 4th quarter worth $26,000. Aventura Private Wealth LLC bought a new position in Tractor Supply during the 4th quarter worth $27,000. Core Wealth Advisors LLC bought a new position in Tractor Supply during the 4th quarter worth $27,000. Finally, Bayban bought a new position in Tractor Supply during the 4th quarter worth $28,000. 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: Company reaffirmed full‑year 2026 guidance (EPS $2.13–$2.23) and said it will continue store openings and digital investment — signals that management sees the slowdown as temporary. Earnings Highlights
• Positive Sentiment: Retail commentary and some investors call the pullback “oversold,” which can attract bargain hunters and support a rebound if fundamentals stabilize. Analyst & Retail Reaction
• Neutral Sentiment: Q1 results: revenue +3.6% to $3.59B, comparable‑store sales about +0.5%, diluted EPS $0.31 vs. $0.34 a year ago — solid top‑line growth but weaker margin mix. Q1 Snapshot
• Neutral Sentiment: Earnings call highlighted record store openings and digital progress but also flagged cost pressures; management said “decisive action” is needed to fix near‑term weakness. Earnings Call Summary
• Negative Sentiment: Earnings and revenue missed consensus (EPS short by $0.04; revenue slightly below estimates), and operating income and margins contracted — the immediate catalyst for the stock decline. Why TSCO Is Down
• Negative Sentiment: Multiple Wall Street firms cut price targets and turned cautious or trimmed ratings after the print (UBS, Morgan Stanley, Wells Fargo, Piper, Mizuho, Telsey, DA Davidson among others), increasing near‑term selling pressure. Analyst Price Target Moves
• Negative Sentiment: High intraday volume and notable insider selling highlighted in coverage — adds to downside momentum while the market digests whether earnings weakness is transient. Trading & Insider Notes

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.