The Goldman Sachs Group Cuts Tractor Supply (NASDAQ:TSCO) Price Target to $55.00

Tractor Supply (NASDAQ:TSCO) had its price objective reduced by The Goldman Sachs Group from $59.00 to $55.00 in a research report report published on Wednesday morning,MarketScreener reports. The Goldman Sachs Group currently has a buy rating on the specialty retailer’s stock.

Several other research firms also recently weighed in on TSCO. Argus decreased their price objective on Tractor Supply from $67.00 to $64.00 and set a “buy” rating for the company in a report on Monday, February 2nd. Raymond James Financial decreased their price objective on Tractor Supply from $60.00 to $48.00 and set an “outperform” rating for the company in a report on Wednesday. BNP Paribas Exane decreased their price objective on Tractor Supply from $58.00 to $45.00 and set an “outperform” rating for the company in a report on Wednesday. Weiss Ratings restated a “hold (c+)” rating on shares of Tractor Supply in a report on Monday, December 29th. Finally, Citigroup decreased their price objective on Tractor Supply from $55.00 to $46.00 and set a “buy” rating for the company in a report on Thursday. Fifteen equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, Tractor Supply presently has a consensus rating of “Moderate Buy” and an average target price of $49.08.

Tractor Supply Stock Down 3.8%

Shares of NASDAQ:TSCO opened at $36.73 on Wednesday. Tractor Supply has a 52-week low of $36.60 and a 52-week high of $63.99. The stock has a market cap of $19.32 billion, a P/E ratio of 18.00, a price-to-earnings-growth ratio of 2.18 and a beta of 0.75. The business’s 50 day moving average is $47.22 and its 200 day moving average is $51.22. The company has a quick ratio of 0.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.86.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings data 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). Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The firm had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $3.64 billion. During the same period last year, the company earned $0.34 EPS. The firm’s revenue for the quarter was up 3.6% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Sell-side analysts predict that Tractor Supply will post 2.16 EPS for the current year.

Tractor Supply Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th were issued 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 yield of 2.6%. The ex-dividend date was Tuesday, February 24th. Tractor Supply’s dividend payout ratio is presently 47.06%.

Insiders Place Their Bets

In other Tractor Supply news, EVP Robert D. Mills sold 62,950 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president directly owned 122,834 shares in the company, valued at approximately $6,647,776.08. The trade was a 33.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Colin Yankee sold 11,170 shares of the business’s stock in a transaction dated 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 transaction, 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. Insiders sold a total of 222,348 shares of company stock valued at $11,959,621 in the last three months. 0.64% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Tractor Supply

A number of large investors have recently added to or reduced their stakes in the company. Wellington Management Group LLP increased its holdings in shares of 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 acquiring an additional 420,731 shares in the last quarter. First National Bank of Omaha acquired a new position in shares of Tractor Supply during the third quarter valued at about $5,069,000. NEOS Investment Management LLC increased its holdings in shares of 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 acquiring an additional 21,256 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of 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 acquiring an additional 24,312 shares in the last quarter. Finally, Montrusco Bolton Investments Inc. increased its holdings in shares of 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 acquiring an additional 69,498 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors.

Tractor Supply News Roundup

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.