Tractor Supply (NASDAQ:TSCO) Announces Quarterly Earnings Results

Tractor Supply (NASDAQ:TSCO) issued its quarterly earnings data on Tuesday. The specialty retailer reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.03), FiscalAI reports. The company had revenue of $3.59 billion for the quarter, compared to analyst estimates of $3.64 billion. Tractor Supply had a net margin of 7.06% and a return on equity of 44.36%. Tractor Supply updated its FY 2026 guidance to 2.130-2.230 EPS.

Tractor Supply Trading Down 0.4%

Shares of Tractor Supply stock opened at $44.81 on Tuesday. The company’s fifty day simple moving average is $48.52 and its 200-day simple moving average is $51.64. The company has a market cap of $23.57 billion, a price-to-earnings ratio of 21.65, a PEG ratio of 2.40 and a beta of 0.75. The company has a current ratio of 1.34, a quick ratio of 0.16 and a debt-to-equity ratio of 0.70. Tractor Supply has a 1 year low of $43.23 and a 1 year high of $63.99.

Tractor Supply Increases Dividend

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

Analyst Upgrades and Downgrades

TSCO has been the topic of a number of analyst reports. Zacks Research lowered Tractor Supply from a “hold” rating to a “strong sell” rating in a report on Monday, February 2nd. Telsey Advisory Group dropped their price target on shares of Tractor Supply from $70.00 to $63.00 and set an “outperform” rating on the stock in a research report on Thursday, January 29th. Wolfe Research reissued an “outperform” rating and issued a $57.00 price target on shares of Tractor Supply in a research report on Friday, January 30th. TD Cowen cut their target price on shares of Tractor Supply from $55.00 to $53.00 and set a “hold” rating for the company in a research report on Friday, January 30th. Finally, JPMorgan Chase & Co. cut their target price on shares of Tractor Supply from $62.00 to $59.00 and set a “neutral” rating for the company in a research report on Friday, January 30th. Fourteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $57.78.

Insiders Place Their Bets

In other news, EVP Robert D. Mills sold 62,950 shares of the firm’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $54.12, for a total value of $3,406,854.00. Following the sale, the executive vice president owned 122,834 shares in the company, valued at approximately $6,647,776.08. This trade represents a 33.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Jonathan S. Estep sold 59,745 shares of the firm’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $54.03, for a total transaction of $3,228,022.35. Following the completion of the sale, the executive vice president owned 80,931 shares in the company, valued at $4,372,701.93. This represents a 42.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 222,348 shares of company stock valued at $11,959,621 in the last 90 days. 0.64% of the stock is currently owned by corporate insiders.

Institutional Trading of Tractor Supply

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. State Street Corp grew its position in Tractor Supply by 0.7% in the 4th quarter. State Street Corp now owns 23,051,776 shares of the specialty retailer’s stock worth $1,152,819,000 after purchasing an additional 162,774 shares during the last quarter. Invesco Ltd. grew its position in Tractor Supply by 18.4% in the 4th quarter. Invesco Ltd. now owns 17,433,611 shares of the specialty retailer’s stock worth $871,855,000 after purchasing an additional 2,706,819 shares during the last quarter. Select Equity Group L.P. grew its position in Tractor Supply by 41.9% in the 2nd quarter. Select Equity Group L.P. now owns 12,713,409 shares of the specialty retailer’s stock worth $670,887,000 after purchasing an additional 3,753,414 shares during the last quarter. Morgan Stanley boosted its stake in Tractor Supply by 16.4% during the fourth quarter. Morgan Stanley now owns 10,622,335 shares of the specialty retailer’s stock worth $531,223,000 after buying an additional 1,497,130 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in Tractor Supply by 12.7% during the fourth quarter. Victory Capital Management Inc. now owns 5,080,713 shares of the specialty retailer’s stock worth $254,086,000 after buying an additional 572,052 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors and hedge funds.

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.