Stephens Cuts Tractor Supply (NASDAQ:TSCO) Price Target to $43.00

Tractor Supply (NASDAQ:TSCO) had its price objective reduced by Stephens from $53.00 to $43.00 in a research report sent to investors on Wednesday morning,MarketScreener reports. They currently have an equal weight rating on the specialty retailer’s stock.

Several other research analysts have also recently issued reports on TSCO. Telsey Advisory Group decreased their target price on shares of Tractor Supply from $63.00 to $52.00 and set an “outperform” rating for the company in a report on Wednesday. Wells Fargo & Company decreased their target price on shares of Tractor Supply from $55.00 to $47.00 and set an “overweight” rating for the company in a report on Wednesday. TD Cowen decreased their target price on shares of Tractor Supply from $55.00 to $53.00 and set a “hold” rating for the company in a report on Friday, January 30th. Bank of America began coverage on shares of Tractor Supply in a report on Tuesday, April 7th. They issued a “neutral” rating and a $47.00 target price for the company. Finally, Evercore decreased their target price on shares of Tractor Supply from $55.00 to $50.00 and set an “outperform” rating for the company in a report on Thursday. Fifteen investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, Tractor Supply has a consensus rating of “Moderate Buy” and an average price target of $49.08.

Tractor Supply Stock Down 3.8%

Shares of Tractor Supply stock opened at $36.73 on Wednesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.16 and a current ratio of 1.38. The stock has a market capitalization of $19.32 billion, a PE ratio of 18.00, a price-to-earnings-growth ratio of 2.18 and a beta of 0.75. Tractor Supply has a 52-week low of $36.60 and a 52-week high of $63.99. The company has a 50-day simple moving average of $47.22 and a two-hundred day simple moving average of $51.22.

Tractor Supply (NASDAQ:TSCO) last issued its earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.04). The firm had revenue of $3.59 billion during the quarter, compared to analysts’ expectations of $3.64 billion. Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The firm’s quarterly revenue was up 3.6% on a year-over-year basis. During the same period last year, the firm posted $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. On average, analysts anticipate that Tractor Supply will post 2.16 EPS for the current fiscal year.

Tractor Supply Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were paid a $0.24 dividend. This is a boost 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 2.6%. The ex-dividend date was Tuesday, February 24th. Tractor Supply’s dividend payout ratio (DPR) is presently 47.06%.

Insider Transactions at Tractor Supply

In other news, EVP Robert D. Mills sold 62,950 shares of Tractor Supply stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $54.12, for a total value of $3,406,854.00. Following the completion of the sale, the executive vice president directly owned 122,834 shares in the company, valued at $6,647,776.08. The trade was a 33.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Colin Yankee sold 11,170 shares of Tractor Supply stock in a transaction that occurred on Friday, February 13th. The stock was 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 of the company’s stock, valued at $2,519,255.25. This represents a 19.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 222,348 shares of company stock valued at $11,959,621. Company insiders own 0.64% of the company’s stock.

Institutional Trading of Tractor Supply

A number of large investors have recently made changes to their positions in the stock. Wellington Management Group LLP grew its position in Tractor Supply by 1.6% during the third quarter. Wellington Management Group LLP now owns 25,931,699 shares of the specialty retailer’s stock valued at $1,474,736,000 after buying an additional 420,731 shares during the period. First National Bank of Omaha bought a new stake in Tractor Supply during the third quarter valued at approximately $5,069,000. NEOS Investment Management LLC grew its position in Tractor Supply by 49.9% during the third quarter. NEOS Investment Management LLC now owns 63,881 shares of the specialty retailer’s stock valued at $3,633,000 after buying an additional 21,256 shares during the period. HighTower Advisors LLC grew its position in Tractor Supply by 9.2% during the third quarter. HighTower Advisors LLC now owns 289,610 shares of the specialty retailer’s stock valued at $16,470,000 after buying an additional 24,312 shares during the period. Finally, Montrusco Bolton Investments Inc. grew its position in Tractor Supply by 7.5% during the third quarter. Montrusco Bolton Investments Inc. now owns 1,000,530 shares of the specialty retailer’s stock valued at $56,900,000 after buying an additional 69,498 shares during the period. 98.72% of the stock is currently owned by institutional investors.

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

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.