Tractor Supply Company (NASDAQ:TSCO) Stock Now Rated "Hold" by Wall Street Brokerages

Key Points

• Wall Street rates Tractor Supply “Hold” overall: Of 28 analysts, 14 recommend holding, 13 recommend buying and one recommends selling. The average 12-month price target is $39, compared with the stock’s reported price of $32.81.
• Insiders have been buying shares: CEO Harry Lawton purchased 15,600 shares for about $501,540, while Director Edna Morris bought 1,560 shares. Insiders acquired 20,310 shares worth approximately $652,411 over the past 90 days.
• Recent results slightly missed expectations: Quarterly EPS came in at $0.81 versus the $0.82 consensus estimate, while revenue of $4.54 billion was below the $4.58 billion forecast but rose 2.3% year over year. The company also pays a quarterly dividend of $0.24 per share, yielding about 2.9% annually.

Tractor Supply Company (NASDAQ:TSCO - Get Free Report) has received an average recommendation of "Hold" from the twenty-eight brokerages that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating and thirteen have given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $39.00.

Several equities research analysts recently weighed in on the company. Wolfe Research set a $34.00 price objective on Tractor Supply in a research note on Thursday, July 16th. Barclays set a $35.00 price objective on shares of Tractor Supply and gave the company an "equal weight" rating in a report on Monday, July 13th. Evercore reiterated an "outperform" rating and set a $40.00 target price on shares of Tractor Supply in a research report on Tuesday, July 7th. Telsey Advisory Group reduced their target price on shares of Tractor Supply from $40.00 to $38.00 and set an "outperform" rating for the company in a research note on Friday, July 24th. Finally, Morgan Stanley reiterated a "negative" rating and issued a $35.00 target price on shares of Tractor Supply in a research note on Friday, July 24th.

Insider Buying and Selling

In other Tractor Supply news, CEO Harry A. Lawton III acquired 15,600 shares of Tractor Supply stock in a transaction that occurred on Tuesday, August 4th. The stock was acquired at an average cost of $32.15 per share, for a total transaction of $501,540.00. Following the purchase, the chief executive officer owned 15,600 shares of the company's stock, valued at approximately $501,540. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Edna Morris bought 1,560 shares of the stock in a transaction on Tuesday, August 4th. The shares were acquired at an average cost of $32.44 per share, for a total transaction of $50,606.40. Following the acquisition, the director directly owned 279,720 shares in the company, valued at approximately $9,074,116.80. This trade represents a 0.56% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders acquired 20,310 shares of company stock valued at $652,411. Company insiders own 0.64% of the company's stock.

Institutional Investors Weigh In On Tractor Supply

Several institutional investors have recently made changes to their positions in the stock. Elevation Wealth Partners LLC lifted its position in Tractor Supply by 1,253.4% during the second quarter. Elevation Wealth Partners LLC now owns 785 shares of the specialty retailer's stock valued at $25,000 after purchasing an additional 727 shares during the last quarter. Reflection Asset Management bought a new position in shares of Tractor Supply in the 4th quarter worth $26,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of Tractor Supply in the 2nd quarter worth $26,000. Community Financial Services Group LLC raised its position in shares of Tractor Supply by 3,240.0% during the 2nd quarter. Community Financial Services Group LLC now owns 835 shares of the specialty retailer's stock valued at $27,000 after buying an additional 810 shares in the last quarter. Finally, Bayban purchased a new stake in shares of Tractor Supply during the 4th quarter valued at $28,000. Hedge funds and other institutional investors own 98.72% of the company's stock.

Tractor Supply Price Performance

Shares of NASDAQ TSCO opened at $32.81 on Tuesday. The company has a current ratio of 1.33, a quick ratio of 0.23 and a debt-to-equity ratio of 0.83. The stock has a fifty day simple moving average of $33.71 and a two-hundred day simple moving average of $33.63. Tractor Supply has a 1-year low of $28.36 and a 1-year high of $58.21. The firm has a market cap of $17.21 billion, a price-to-earnings ratio of 17.09, a price-to-earnings-growth ratio of 2.14 and a beta of 0.52.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last issued its earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.01). Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The firm had revenue of $4.54 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter in the previous year, the firm earned $0.81 earnings per share. The business's quarterly revenue was up 2.3% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Analysts anticipate that Tractor Supply will post 1.93 earnings per share for the current year.

Tractor Supply Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Monday, August 24th were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Monday, August 24th. Tractor Supply's dividend payout ratio is presently 50.00%.

Tractor Supply Company Profile

Tractor Supply Company NASDAQ: TSCO is a specialty retailer serving the needs of farmers, ranchers, hobby farmers, pet owners, gardeners and other rural lifestyle customers. The company operates under the Tractor Supply banner and focuses on products that support everyday rural living, land maintenance and animal care.

Its merchandise includes livestock and pet feed, animal health and care products, fencing, hardware, tools, power equipment, lawn and garden supplies, work clothing, footwear, automotive products and seasonal goods.

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