Gordon Haskett Cuts Tractor Supply (NASDAQ:TSCO) Price Target to $40.00

Tractor Supply (NASDAQ:TSCO) had its price target trimmed by Gordon Haskett from $50.00 to $40.00 in a report issued on Wednesday,MarketScreener reports. The firm currently has a hold rating on the specialty retailer’s stock.

Several other equities research analysts have also commented on the company. BNP Paribas Exane dropped their price target on Tractor Supply from $58.00 to $45.00 and set an “outperform” rating for the company in a research note on Wednesday. Zacks Research upgraded Tractor Supply from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Barclays dropped their price target on Tractor Supply from $51.00 to $44.00 and set an “equal weight” rating for the company in a research note on Wednesday. Evercore dropped their price target on Tractor Supply from $55.00 to $50.00 and set an “outperform” rating for the company in a research note on Thursday. Finally, UBS Group dropped their price target on Tractor Supply from $55.00 to $44.00 and set a “neutral” rating for the company in a research note on Wednesday. Fifteen investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $49.08.

Tractor Supply Stock Performance

Shares of NASDAQ:TSCO opened at $36.73 on Wednesday. The firm has a market capitalization of $19.32 billion, a PE ratio of 18.00, a P/E/G 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. The business has a 50-day moving average of $47.22 and a two-hundred day moving average of $51.22. Tractor Supply has a 12 month low of $36.60 and a 12 month high of $63.99.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings results 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 firm had revenue of $3.59 billion for the quarter, compared to analyst estimates of $3.64 billion. Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The business’s revenue was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the company 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 forecast that Tractor Supply will post 2.16 earnings per share for the current year.

Tractor Supply Increases Dividend

The business also recently announced 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 of this dividend was Tuesday, February 24th. This is a positive change from Tractor Supply’s previous quarterly dividend of $0.23. This represents a $0.96 annualized dividend and a dividend yield of 2.6%. Tractor Supply’s dividend payout ratio (DPR) is currently 47.06%.

Insider Buying and Selling

In other news, CFO Kurt D. Barton sold 1,884 shares of the company’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $53.81, for a total value 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 represents a 3.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Colin Yankee sold 11,170 shares of the company’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $55.35, for a total value of $618,259.50. Following the completion of the sale, the executive vice president directly owned 45,515 shares of the company’s stock, valued at $2,519,255.25. The trade was 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. 0.64% of the stock is owned by insiders.

Institutional Investors Weigh In On Tractor Supply

Institutional investors and hedge funds have recently modified their holdings of the stock. JPL Wealth Management LLC purchased a new position in Tractor Supply in the third quarter valued at about $28,000. Garner Asset Management Corp purchased a new position in Tractor Supply in the fourth quarter valued at about $25,000. Reflection Asset Management purchased a new position in Tractor Supply in the fourth quarter valued at about $26,000. Core Wealth Advisors LLC purchased a new position in Tractor Supply in the fourth quarter valued at about $27,000. Finally, Aventura Private Wealth LLC purchased a new position in Tractor Supply in the fourth quarter valued at about $27,000. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Tractor Supply News Summary

Here are the key news stories impacting Tractor Supply this week:

• Positive Sentiment: Management reiterated FY2026 guidance and highlighted continued store expansion (40 new stores) and double‑digit digital sales growth, which investors can view as evidence of underlying sales initiatives and long‑term growth levers. Tractor Supply Co (TSCO) Q1 2026 Earnings Call Highlights: Record Store Openings and Digital …
• Positive Sentiment: Several firms kept constructive ratings (buy/outperform) even while lowering targets — e.g., Goldman Sachs (buy, PT trimmed to $55) and Raymond James/BNP Paribas maintained upside views — signaling some analysts still see material upside at depressed prices. Goldman Sachs adjusts price target on Tractor Supply to 55 from 59, maintains buy rating
• Neutral Sentiment: Some coverage frames TSCO as a relative value option vs. peers (e.g., Petco/WOOF), which may attract value/dividend investors if the price weakness persists. WOOF vs TSCO: Which Stock Is the Better Value Option?
• Neutral Sentiment: With the share decline, TSCO’s dividend yield has increased, prompting some investors to call it oversold and a potential income/value play — a longer‑horizon catalyst for some buyers. This Dividend Stock Is Getting Crushed. But With Its Dividend Yield Crossing 2.4%, Is It Time to Buy?
• Negative Sentiment: Q1 results disappointed: EPS $0.31 vs. $0.35 expected and revenue $3.59B vs. $3.64B expected; same‑store sales were essentially flat, which directly triggered the selloff. Why Tractor Supply (TSCO) Is Down 12.1% After Q1 Earnings Miss and Flat Same-Store Sales
• Negative Sentiment: Major brokerages moved quickly to cut price targets (many on 4/24) and issued more cautious notes — a coordinated analyst reset that amplifies selling pressure and reduces near‑term conviction. Representative cuts include Barclays, JPMorgan, UBS and others. Barclays adjusts price target on Tractor Supply to 44 from 51, maintains equalweight rating
• Negative Sentiment: The stock hit a new one‑year low and saw elevated trading volume following the miss and analyst reactions — technical weakness that can prolong downward pressure until fresh positive catalysts emerge. Tractor Supply (NASDAQ:TSCO) Sets New 1-Year Low After Earnings Miss

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.