BNP Paribas Exane Cuts Tractor Supply (NASDAQ:TSCO) Price Target to $45.00

Tractor Supply (NASDAQ:TSCOFree Report) had its price objective reduced by BNP Paribas Exane from $58.00 to $45.00 in a research note published on Wednesday,MarketScreener reports. BNP Paribas Exane currently has an outperform rating on the specialty retailer’s stock.

TSCO has been the topic of a number of other reports. Telsey Advisory Group decreased their price objective on shares of Tractor Supply from $63.00 to $52.00 and set an “outperform” rating on the stock in a research note on Wednesday. Zacks Research raised shares of Tractor Supply from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. UBS Group decreased their price objective on shares of Tractor Supply from $55.00 to $44.00 and set a “neutral” rating on the stock in a research note on Wednesday. Weiss Ratings reissued a “hold (c+)” rating on shares of Tractor Supply in a research note on Monday, December 29th. Finally, DA Davidson decreased their price objective on shares of Tractor Supply from $60.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday. Fifteen investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $49.08.

Read Our Latest Stock Analysis on Tractor Supply

Tractor Supply Stock Performance

Shares of NASDAQ:TSCO opened at $36.73 on Wednesday. The company’s 50 day simple moving average is $47.22 and its 200 day simple moving average is $51.22. The stock has a market capitalization of $19.32 billion, a price-to-earnings ratio of 18.00, a price-to-earnings-growth ratio of 2.18 and a beta of 0.75. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 0.16. Tractor Supply has a 1 year low of $36.60 and a 1 year high of $63.99.

Tractor Supply (NASDAQ:TSCOGet Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). The firm had revenue of $3.59 billion during the quarter, compared to the consensus estimate 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 was up 3.6% compared to the same quarter last year. During the same period last year, the business earned $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, research analysts predict that Tractor Supply will post 2.16 EPS for the current fiscal year.

Tractor Supply Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th were given a $0.24 dividend. This is an increase from Tractor Supply’s previous quarterly dividend of $0.23. This represents a $0.96 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Tuesday, February 24th. Tractor Supply’s dividend payout ratio (DPR) is 47.06%.

Insider Transactions at Tractor Supply

In other Tractor Supply news, CEO Harry A. Lawton III sold 84,670 shares of the firm’s stock in a transaction that occurred 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 owned 606,842 shares in the company, valued at $32,259,720.72. This trade represents a 12.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Colin Yankee sold 11,170 shares of the firm’s 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 completion of the sale, the executive vice president owned 45,515 shares in the company, valued at $2,519,255.25. This represents a 19.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 222,348 shares of company stock valued at $11,959,621. Corporate insiders own 0.64% of the company’s stock.

Institutional Trading of Tractor Supply

A number of hedge funds have recently added to or reduced their stakes in TSCO. Financial Network Wealth Advisors LLC lifted its holdings in shares of Tractor Supply by 8.0% during the third quarter. Financial Network Wealth Advisors LLC now owns 2,465 shares of the specialty retailer’s stock worth $140,000 after purchasing an additional 182 shares during the period. Advyzon Investment Management LLC lifted its holdings in Tractor Supply by 4.3% in the fourth quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer’s stock valued at $223,000 after buying an additional 183 shares during the period. Perigon Wealth Management LLC lifted its holdings in Tractor Supply by 0.6% in the third quarter. Perigon Wealth Management LLC now owns 34,036 shares of the specialty retailer’s stock valued at $1,936,000 after buying an additional 200 shares during the period. Field & Main Bank lifted its holdings in Tractor Supply by 1.1% in the fourth quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock valued at $942,000 after buying an additional 200 shares during the period. Finally, Oak Thistle LLC lifted its holdings in Tractor Supply by 0.9% in the fourth quarter. Oak Thistle LLC now owns 24,911 shares of the specialty retailer’s stock valued at $1,246,000 after buying an additional 215 shares during the period. Institutional investors and hedge funds own 98.72% of the company’s stock.

More Tractor Supply News

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Tractor Supply Company Profile

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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.

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Analyst Recommendations for Tractor Supply (NASDAQ:TSCO)

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