Tractor Supply’s (TSCO) Buy (B) Rating Reiterated at Weiss Ratings

Weiss Ratings reaffirmed their buy (b) rating on shares of Tractor Supply (NASDAQ:TSCO) in a research report released on Wednesday,Weiss Ratings reports.

A number of other brokerages have also weighed in on TSCO. UBS Group boosted their price objective on shares of Tractor Supply from $54.00 to $61.00 and gave the stock a “neutral” rating in a report on Friday, July 25th. Telsey Advisory Group set a $70.00 target price on shares of Tractor Supply in a research note on Friday, July 25th. Truist Financial boosted their target price on shares of Tractor Supply from $60.00 to $66.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Piper Sandler boosted their target price on shares of Tractor Supply from $66.00 to $67.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Tractor Supply in a research note on Friday, July 25th. Fifteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $62.45.

Tractor Supply Price Performance

Shares of NASDAQ TSCO opened at $54.24 on Wednesday. Tractor Supply has a twelve month low of $46.85 and a twelve month high of $63.99. The firm has a market cap of $28.74 billion, a P/E ratio of 26.61, a PEG ratio of 2.79 and a beta of 0.73. The company has a 50 day moving average of $59.08 and a 200 day moving average of $54.92. 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 data on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The company had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.40 billion. During the same period in the previous year, the business earned $3.93 EPS. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. As a group, research analysts expect that Tractor Supply will post 2.17 EPS for the current fiscal year.

Tractor Supply Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were given a dividend of $0.23 per share. The ex-dividend date of this dividend 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 presently 45.10%.

Insider Buying and Selling at Tractor Supply

In other news, EVP Colin Yankee sold 6,680 shares of the business’s stock in a transaction on Monday, July 28th. The shares were sold at an average price of $58.40, for a total transaction of $390,112.00. Following the completion of the sale, the executive vice president owned 40,142 shares of the company’s stock, valued at $2,344,292.80. The trade was a 14.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Noni L. Ellison sold 5,200 shares of the business’s stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $63.96, for a total transaction of $332,592.00. Following the sale, the senior vice president directly owned 28,639 shares of the company’s stock, valued at approximately $1,831,750.44. The trade was a 15.37% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 103,045 shares of company stock worth $6,547,257. 0.65% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. GW&K Investment Management LLC boosted its holdings in Tractor Supply by 89.3% in the 1st quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer’s stock worth $26,000 after buying an additional 226 shares during the period. Delos Wealth Advisors LLC bought a new position in Tractor Supply in the 2nd quarter worth $26,000. Opal Wealth Advisors LLC bought a new position in Tractor Supply in the 2nd quarter worth $35,000. Financial Gravity Asset Management Inc. bought a new position in Tractor Supply in the 1st quarter worth $39,000. Finally, Financial Gravity Companies Inc. bought a new position in Tractor Supply in the 2nd quarter worth $38,000. Institutional investors own 98.72% of the company’s stock.

About Tractor Supply

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.