JPMorgan Chase & Co. Cuts Tractor Supply (NASDAQ:TSCO) Price Target to $59.00

Tractor Supply (NASDAQ:TSCO) had its price objective trimmed by JPMorgan Chase & Co. from $62.00 to $59.00 in a report released on Friday,Benzinga reports. The brokerage currently has a neutral rating on the specialty retailer’s stock.

Several other research analysts also recently commented on the company. The Goldman Sachs Group set a $59.00 price objective on Tractor Supply and gave the stock a “buy” rating in a research note on Friday. Jefferies Financial Group upgraded Tractor Supply from a “hold” rating to a “buy” rating in a research report on Monday, November 24th. Guggenheim reissued a “buy” rating and issued a $65.00 price objective on shares of Tractor Supply in a research note on Thursday, January 22nd. UBS Group set a $55.00 target price on Tractor Supply in a report on Friday. Finally, Evercore ISI reaffirmed an “outperform” rating and set a $60.00 price target on shares of Tractor Supply in a research note on Friday. Fourteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $59.59.

Tractor Supply Stock Performance

Shares of NASDAQ TSCO opened at $50.88 on Friday. The company has a market cap of $26.88 billion, a PE ratio of 24.58, a PEG ratio of 2.54 and a beta of 0.74. The firm’s 50-day moving average price is $52.30 and its 200-day moving average price is $55.67. Tractor Supply has a 52-week low of $46.85 and a 52-week high of $63.99. The company has a quick ratio of 0.16, a current ratio of 1.34 and a debt-to-equity ratio of 0.70.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings results on Thursday, January 29th. The specialty retailer reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 return on equity of 44.36% and a net margin of 7.06%.The business’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter last year, the business earned $0.44 earnings per share. As a group, analysts anticipate that Tractor Supply will post 2.17 EPS for the current year.

Tractor Supply Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Shareholders of record on Monday, November 24th were paid a $0.23 dividend. The ex-dividend date was Monday, November 24th. This represents a $0.92 dividend on an annualized basis and a yield of 1.8%. Tractor Supply’s dividend payout ratio (DPR) is 44.44%.

Institutional Investors Weigh In On Tractor Supply

Institutional investors and hedge funds have recently modified their holdings of the company. GPS Wealth Strategies Group LLC boosted its holdings in Tractor Supply by 1.0% in the second quarter. GPS Wealth Strategies Group LLC now owns 17,908 shares of the specialty retailer’s stock valued at $945,000 after purchasing an additional 175 shares during the last quarter. Financial Network Wealth Advisors LLC grew its holdings in Tractor Supply by 8.0% in the third quarter. Financial Network Wealth Advisors LLC now owns 2,465 shares of the specialty retailer’s stock valued at $140,000 after purchasing an additional 182 shares during the period. Mount Vernon Associates Inc. MD grew 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 valued at $3,566,000 after acquiring an additional 200 shares during the period. Perigon Wealth Management LLC grew its position in shares of Tractor Supply by 0.6% in the third quarter. Perigon Wealth Management LLC now owns 34,036 shares of the specialty retailer’s stock valued at $1,936,000 after purchasing an additional 200 shares during the period. Finally, Field & Main Bank boosted its holdings in Tractor Supply by 1.1% in the 4th quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock worth $942,000 after buying an additional 200 shares during the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

More Tractor Supply News

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

• Positive Sentiment: Company signals ongoing capital returns and store expansion: Tractor Supply highlighted continued dividend growth (15 consecutive years of increases), raised buyback plans (guidance ~ $400M for 2026) and added stores (32 in the quarter, +100 Y/Y), supporting long‑term cash return and growth thesis. MarketBeat: Tractor Supply Company Can Plow New Highs in 2026
• Positive Sentiment: Some analysts reaffirm buys or keep above‑market targets, arguing weakness is transitory: DA Davidson reiterated a Buy with a $60 PT and Citi reaffirmed Buy at $61, citing normalization of sales and margin recovery potential. Street Insider: DA Davidson reiterates Buy
• Neutral Sentiment: Corporate and community actions: Tractor Supply Foundation donated $250,000 to Middle Tennessee winter storm recovery — modest reputational/PR positive but unlikely to move the stock materially. BusinessWire: Foundation donation
• Neutral Sentiment: Earnings call/transcript available: Management described headwinds (discretionary pullback, tariffs, delivery costs) and plans to drive traffic via store modernizations — useful for modeling but not an immediate catalyst. InsiderMonkey: Q4 earnings call transcript
• Negative Sentiment: Q4 results missed on EPS and revenue: TSCO reported $0.43 EPS vs. $0.46 expected and $3.90B revenue vs. $4.03B expected; comps rose only 0.3% and margin pressure was cited (tariffs, freight). This is the primary near‑term driver of today’s weakness. MarketBeat: Q4 results and press release
• Negative Sentiment: FY‑2026 guidance came in below consensus: management guided EPS $2.13–$2.23 (consensus ~ $2.31) and revenue around $16.1–$16.5B (vs. ~$16.6B consensus), prompting analyst reassessments. BusinessWire: Q4 results & FY2026 outlook
• Negative Sentiment: Multiple analyst price‑target cuts and some rating trims: JPMorgan cut its PT to $59 and set Neutral, Morgan Stanley trimmed to $57 (Equal Weight), TD Cowen cut to $53 (Hold), and other shops lowered PTs — adding selling pressure and dampening near‑term sentiment. TickerReport / Benzinga coverage of analyst action
• Negative Sentiment: Industry headwinds cited: management and coverage note discretionary spending pullback and tariff/delivery cost pressure that compressed margins — a risk to near‑term profitability until sales mix or margins improve. Benzinga: Discretionary spending & tariffs

Tractor Supply Company Profile

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.