Tractor Supply (NASDAQ:TSCO) Receives Outperform Rating from Telsey Advisory Group

Telsey Advisory Group restated their outperform rating on shares of Tractor Supply (NASDAQ:TSCO) in a research note released on Friday morning,Benzinga reports. They currently have a $70.00 target price on the specialty retailer’s stock.

TSCO has been the subject of a number of other reports. Wolfe Research assumed coverage on Tractor Supply in a research note on Thursday, September 18th. They set an “outperform” rating and a $70.00 price target for the company. DA Davidson boosted their price target on Tractor Supply from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Weiss Ratings restated a “buy (b)” rating on shares of Tractor Supply in a research note on Wednesday, October 8th. Citigroup upgraded Tractor Supply from a “neutral” rating to a “buy” rating and boosted their price target for the company from $60.00 to $62.00 in a research note on Thursday, October 9th. Finally, Robert W. Baird boosted their price target on Tractor Supply from $56.00 to $61.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. Fifteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $62.45.

Tractor Supply Stock Performance

Shares of TSCO stock opened at $55.20 on Friday. The company has a 50 day moving average price of $58.63 and a 200-day moving average price of $54.96. Tractor Supply has a 52 week low of $46.85 and a 52 week high of $63.99. The firm has a market capitalization of $29.25 billion, a PE ratio of 27.09, a P/E/G ratio of 2.83 and a beta of 0.73. The company has a quick ratio of 0.16, a current ratio of 1.28 and a debt-to-equity ratio of 0.68.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings results on Thursday, July 24th. The specialty retailer reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. The firm had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.40 billion. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the previous year, the business posted $3.93 earnings per share. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, equities research analysts expect that Tractor Supply will post 2.17 earnings per share for the current year.

Tractor Supply Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, August 25th were paid a dividend of $0.23 per share. The ex-dividend date was Monday, August 25th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.7%. Tractor Supply’s payout ratio is 45.10%.

Insiders Place Their Bets

In other Tractor Supply news, EVP Colin Yankee sold 6,680 shares of the company’s stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $58.40, for a total value of $390,112.00. Following the completion of the transaction, the executive vice president directly owned 40,142 shares in the company, valued at $2,344,292.80. This represents a 14.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Kurt D. Barton sold 90,000 shares of the company’s stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $63.96, for a total value of $5,756,400.00. Following the completion of the transaction, the chief financial officer owned 47,715 shares of the company’s stock, valued at $3,051,851.40. The trade was a 65.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 103,045 shares of company stock valued at $6,547,257. 0.65% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. GPS Wealth Strategies Group LLC boosted its stake in Tractor Supply by 1.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 17,908 shares of the specialty retailer’s stock worth $945,000 after purchasing an additional 175 shares during the period. Bennett Selby Investments LP boosted its stake in Tractor Supply by 1.3% in the 2nd quarter. Bennett Selby Investments LP now owns 14,932 shares of the specialty retailer’s stock worth $788,000 after purchasing an additional 191 shares during the period. Hancock Whitney Corp boosted its stake in Tractor Supply by 2.0% in the 1st quarter. Hancock Whitney Corp now owns 9,849 shares of the specialty retailer’s stock worth $543,000 after purchasing an additional 194 shares during the period. Mount Vernon Associates Inc. MD boosted its stake in Tractor Supply by 0.3% in the 2nd quarter. Mount Vernon Associates Inc. MD now owns 67,570 shares of the specialty retailer’s stock worth $3,566,000 after purchasing an additional 200 shares during the period. Finally, Perigon Wealth Management LLC raised its holdings in shares of Tractor Supply by 0.6% during the 3rd quarter. Perigon Wealth Management LLC now owns 34,036 shares of the specialty retailer’s stock worth $1,936,000 after acquiring an additional 200 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors.

Tractor Supply Company Profile

Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers various merchandise, including livestock and equine feed and equipment, poultry, fencing, and sprayers and chemicals; food, treats, and equipment for dogs, cats, and other small animals, as well as dog wellness products; seasonal and recreation products comprising tractors and riders, lawn and garden, bird feeding, power equipment, and other recreational products; truck, tool, and hardware products, such as truck accessories, trailers, generators, lubricants, batteries, and hardware and tools; and clothing, gift, and décor products consist of clothing, footwear, toys, snacks, and decorative merchandise.