Tractor Supply (NASDAQ:TSCO) Price Target Increased to $275.00 by Analysts at Telsey Advisory Group

Tractor Supply (NASDAQ:TSCO) had its price target lifted by Telsey Advisory Group from $250.00 to $275.00 in a research report released on Friday morning, Marketbeat.com reports. The brokerage currently has an outperform rating on the specialty retailer’s stock. Telsey Advisory Group also issued estimates for Tractor Supply’s Q1 2025 earnings at $1.91 EPS, Q2 2025 earnings at $4.32 EPS, Q3 2025 earnings at $2.53 EPS and Q4 2025 earnings at $2.62 EPS.

A number of other equities analysts have also weighed in on the stock. The Goldman Sachs Group lifted their price objective on shares of Tractor Supply from $230.00 to $262.00 and gave the company a buy rating in a research report on Friday, February 2nd. Guggenheim raised their price objective on shares of Tractor Supply from $210.00 to $255.00 and gave the company a buy rating in a research report on Friday, February 2nd. Truist Financial boosted their target price on Tractor Supply from $256.00 to $277.00 and gave the stock a buy rating in a research report on Tuesday, April 2nd. Morgan Stanley reissued an underweight rating and set a $195.00 target price on shares of Tractor Supply in a research note on Tuesday, January 16th. Finally, Raymond James downgraded Tractor Supply from a strong-buy rating to an outperform rating and lifted their price target for the company from $230.00 to $250.00 in a research note on Friday, February 2nd. Two analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of Hold and a consensus target price of $241.65.

Tractor Supply Stock Up 0.2 %

Shares of NASDAQ TSCO opened at $253.38 on Friday. The stock has a market cap of $27.35 billion, a PE ratio of 25.11, a price-to-earnings-growth ratio of 3.80 and a beta of 0.84. Tractor Supply has a 52-week low of $185.00 and a 52-week high of $268.02. The business has a 50-day moving average price of $250.24 and a 200 day moving average price of $225.24. The company has a quick ratio of 0.28, a current ratio of 1.50 and a debt-to-equity ratio of 0.82.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings results on Thursday, February 1st. The specialty retailer reported $2.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.22 by $0.06. The firm had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.67 billion. Tractor Supply had a return on equity of 53.60% and a net margin of 7.61%. The business’s revenue was down 8.6% on a year-over-year basis. During the same quarter last year, the company posted $2.43 earnings per share. Equities research analysts forecast that Tractor Supply will post 10.2 earnings per share for the current year.

Tractor Supply Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 12th. Stockholders of record on Monday, February 26th were given a $1.10 dividend. The ex-dividend date was Friday, February 23rd. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.74%. This is an increase from Tractor Supply’s previous quarterly dividend of $1.03. Tractor Supply’s payout ratio is currently 43.61%.

Insider Buying and Selling

In other news, CFO Kurt D. Barton sold 4,335 shares of the company’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $257.00, for a total transaction of $1,114,095.00. Following the completion of the transaction, the chief financial officer now owns 20,678 shares of the company’s stock, valued at approximately $5,314,246. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, CEO Harry A. Lawton III sold 20,500 shares of the business’s stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $232.93, for a total transaction of $4,775,065.00. Following the completion of the sale, the chief executive officer now owns 95,192 shares in the company, valued at approximately $22,173,072.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Kurt D. Barton sold 4,335 shares of the business’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $257.00, for a total transaction of $1,114,095.00. Following the sale, the chief financial officer now owns 20,678 shares of the company’s stock, valued at $5,314,246. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 90,090 shares of company stock worth $21,201,877. 0.24% of the stock is owned by company insiders.

Institutional Trading of Tractor Supply

Institutional investors have recently added to or reduced their stakes in the business. Citizens National Bank Trust Department boosted its position in Tractor Supply by 0.5% in the 4th quarter. Citizens National Bank Trust Department now owns 9,700 shares of the specialty retailer’s stock valued at $2,086,000 after buying an additional 45 shares during the last quarter. Wedmont Private Capital raised its position in shares of Tractor Supply by 3.6% in the 1st quarter. Wedmont Private Capital now owns 1,309 shares of the specialty retailer’s stock valued at $331,000 after purchasing an additional 45 shares in the last quarter. Wahed Invest LLC boosted its stake in shares of Tractor Supply by 2.8% during the 4th quarter. Wahed Invest LLC now owns 1,783 shares of the specialty retailer’s stock valued at $383,000 after buying an additional 49 shares during the last quarter. Allen Capital Group LLC increased its stake in shares of Tractor Supply by 0.6% in the third quarter. Allen Capital Group LLC now owns 8,869 shares of the specialty retailer’s stock worth $1,805,000 after buying an additional 53 shares during the last quarter. Finally, Fidelis Capital Partners LLC boosted its stake in Tractor Supply by 5.0% during the 4th quarter. Fidelis Capital Partners LLC now owns 1,116 shares of the specialty retailer’s stock valued at $240,000 after acquiring an additional 53 shares during the last quarter. 98.72% of the stock is owned by hedge funds and other 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.