Tractor Supply (NASDAQ:TSCO) Research Coverage Started at Bank of America

Bank of America initiated coverage on shares of Tractor Supply (NASDAQ:TSCO) in a research note released on Tuesday morning. The brokerage issued a neutral rating and a $47.00 price objective on the specialty retailer’s stock.

A number of other research firms have also recently weighed in on TSCO. Mizuho lowered their price objective on shares of Tractor Supply from $65.00 to $58.00 and set an “outperform” rating for the company in a research report on Friday, January 30th. Gordon Haskett lowered shares of Tractor Supply from an “accumulate” rating to a “hold” rating and reduced their target price for the stock from $57.00 to $50.00 in a report on Thursday, January 8th. Truist Financial set a $55.00 target price on shares of Tractor Supply and gave the stock a “hold” rating in a report on Friday, January 16th. Argus reduced their target price on shares of Tractor Supply from $67.00 to $64.00 and set a “buy” rating on the stock in a report on Monday, February 2nd. Finally, Evercore reiterated an “outperform” rating and set a $60.00 target price on shares of Tractor Supply in a report on Friday, January 30th. Fourteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $58.52.

Tractor Supply Stock Performance

Tractor Supply stock opened at $45.64 on Tuesday. The firm has a 50 day simple moving average of $49.75 and a 200-day simple moving average of $52.30. Tractor Supply has a 1-year low of $43.23 and a 1-year high of $63.99. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.34 and a quick ratio of 0.16. The stock has a market cap of $24.01 billion, a price-to-earnings ratio of 22.05, a price-to-earnings-growth ratio of 2.41 and a beta of 0.75.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings results on Thursday, January 29th. The specialty retailer reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.03). The firm had revenue of $3.90 billion during the quarter, compared to analysts’ expectations of $4.03 billion. Tractor Supply had a net margin of 7.06% and a return on equity of 44.36%. The business’s quarterly revenue was up 3.3% on a year-over-year basis. During the same period last year, the company earned $0.44 EPS. On average, analysts expect that Tractor Supply will post 2.17 EPS for the current year.

Tractor Supply Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Tuesday, February 24th. This is a positive change from Tractor Supply’s previous quarterly dividend of $0.23. Tractor Supply’s dividend payout ratio (DPR) is 46.38%.

Insider Activity

In related news, CEO Harry A. Lawton III sold 84,670 shares of Tractor Supply stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $53.16, for a total transaction of $4,501,057.20. Following the sale, the chief executive officer directly owned 606,842 shares in the company, valued at $32,259,720.72. This trade represents a 12.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Kurt D. Barton sold 1,884 shares of Tractor Supply stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $53.81, for a total transaction of $101,378.04. Following the sale, the chief financial officer owned 52,562 shares in the company, valued at $2,828,361.22. This represents a 3.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 222,348 shares of company stock worth $11,959,621 over the last three months. Company insiders own 0.64% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Wellington Management Group LLP grew its position in Tractor Supply by 1.6% during the 3rd quarter. Wellington Management Group LLP now owns 25,931,699 shares of the specialty retailer’s stock worth $1,474,736,000 after purchasing an additional 420,731 shares during the last quarter. Capital International Investors boosted its holdings in shares of Tractor Supply by 3.9% in the fourth quarter. Capital International Investors now owns 24,279,046 shares of the specialty retailer’s stock valued at $1,214,390,000 after acquiring an additional 902,659 shares in the last quarter. State Street Corp boosted its holdings in shares of Tractor Supply by 0.7% in the fourth quarter. State Street Corp now owns 23,051,776 shares of the specialty retailer’s stock valued at $1,152,819,000 after acquiring an additional 162,774 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Tractor Supply by 18.4% in the fourth quarter. Invesco Ltd. now owns 17,433,611 shares of the specialty retailer’s stock valued at $871,855,000 after acquiring an additional 2,706,819 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Tractor Supply by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 15,873,514 shares of the specialty retailer’s stock valued at $791,703,000 after acquiring an additional 184,457 shares in the last quarter. 98.72% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Tractor Supply

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

• Positive Sentiment: Positive take on TSCO’s “Life Out Here” brand strategy and steady sales/growth supports longer-term confidence in the business model. Tractor Supply Bets on Life Out Here: Is Brand Strategy Paying Off?
• Positive Sentiment: Zacks also highlights the brand/expansion thesis and steady customer engagement as a reason to view TSCO’s long-term value creation favorably. Tractor Supply Bets on Life Out Here: Is Brand Strategy Paying Off?
• Positive Sentiment: Local retail execution: a new Redmond, OR Tractor Supply grand opening with community events (adoptions, promotions) underscores ongoing store-level growth and local customer engagement. Grand opening of new Redmond Tractor Supply store features free treats and adoptable dogs
• Neutral Sentiment: Analysts remain split on consumer cyclicals; a Globe & Mail piece summarizes contrasting views on TSCO’s prospects versus peers, keeping sentiment mixed. Analysts Conflicted on These Consumer Cyclical Names: Tractor Supply (TSCO) and CarMax (KMX)
• Neutral Sentiment: Comparative valuation pieces (WOOF vs TSCO) and Zacks coverage present TSCO as a viable retail option but largely frame it as a relative-choice decision rather than a clear buy signal. WOOF or TSCO: Which Is the Better Value Stock Right Now?
• Neutral Sentiment: General investing roundup that flags cash-generating names (unclear whether TSCO is the highlighted pick) — useful background but not a direct catalyst. 1 Cash-Producing Stock with Exciting Potential and 2 We Brush Off
• Negative Sentiment: Bank of America initiated coverage on TSCO with a Neutral rating and a $47 target, a tone and target that can cap upside and contributed to caution among investors. Bank of America Begins Coverage on Tractor Supply (NASDAQ:TSCO)
• Negative Sentiment: Citigroup issued a pessimistic forecast/price-target action that signals concerns about demand and trims expectations — another headwind for near-term sentiment. Citigroup Issues Pessimistic Forecast for Tractor Supply (NASDAQ:TSCO) Stock Price
• Negative Sentiment: Social and data summaries note recent analyst target cuts (Citi, Evercore) and visible insider selling and institutional trimming — items that can weigh on the stock until earnings/demand clarity returns. Tractor Supply Company Stock (TSCO) Opinions on Analyst Price Target Cuts and Demand Warnings
• Neutral Sentiment: Note: a separate Reuters/Yahoo-style piece about Tesco (LSE: TSCO) surfaced — ticker overlap can create confusing headlines but is unrelated to U.S. Tractor Supply. Evolving Narrative For Tesco (LSE:TSCO) As Analysts Weigh Upside Against Execution Risks

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.