Piper Sandler Has Lowered Expectations for Tractor Supply (NASDAQ:TSCO) Stock Price

Tractor Supply (NASDAQ:TSCO) had its price objective reduced by research analysts at Piper Sandler from $67.00 to $59.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the specialty retailer’s stock. Piper Sandler’s price objective points to a potential upside of 15.78% from the company’s previous close.

Several other equities research analysts have also issued reports on TSCO. Stephens set a $53.00 target price on shares of Tractor Supply and gave the stock an “equal weight” rating in a research note on Thursday, January 22nd. Mizuho upped their price target on Tractor Supply from $64.00 to $65.00 and gave the stock an “outperform” rating in a report on Friday, October 24th. Telsey Advisory Group lowered their price target on Tractor Supply from $70.00 to $63.00 and set an “outperform” rating on the stock in a research report on Thursday. Wells Fargo & Company reissued an “overweight” rating and issued a $65.00 price objective on shares of Tractor Supply in a report on Thursday, October 23rd. Finally, UBS Group set a $57.00 target price on Tractor Supply and gave the stock a “neutral” rating in a research note on Friday, January 16th. Fourteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $61.52.

Tractor Supply Trading Down 7.6%

Tractor Supply stock opened at $50.96 on Friday. The firm has a market cap of $26.93 billion, a PE ratio of 24.50, a P/E/G ratio of 2.58 and a beta of 0.74. Tractor Supply has a 12 month low of $46.85 and a 12 month high of $63.99. The stock’s 50 day simple moving average is $52.34 and its two-hundred day simple moving average is $55.73. The company has a current ratio of 1.30, a quick ratio of 0.14 and a debt-to-equity ratio of 0.69.

Tractor Supply (NASDAQ:TSCO) last posted its earnings results on Thursday, January 29th. The specialty retailer reported $0.43 earnings per share (EPS) 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 analyst estimates of $4.03 billion. Tractor Supply had a net margin of 7.18% and a return on equity of 46.18%. Analysts anticipate that Tractor Supply will post 2.17 earnings per share for the current year.

Hedge Funds Weigh In On Tractor Supply

Several hedge funds and other institutional investors have recently modified their holdings of the business. Invesco Ltd. boosted its position in Tractor Supply by 123.4% during the second quarter. Invesco Ltd. now owns 15,079,313 shares of the specialty retailer’s stock worth $795,735,000 after acquiring an additional 8,329,462 shares during the last quarter. Norges Bank purchased a new position in Tractor Supply in the 2nd quarter worth approximately $274,959,000. Victory Capital Management Inc. boosted its holdings in shares of Tractor Supply by 719.1% during the 3rd quarter. Victory Capital Management Inc. now owns 4,508,661 shares of the specialty retailer’s stock worth $256,408,000 after purchasing an additional 3,958,205 shares during the last quarter. Select Equity Group L.P. grew its position in shares of Tractor Supply by 41.9% in the second quarter. Select Equity Group L.P. now owns 12,713,409 shares of the specialty retailer’s stock valued at $670,887,000 after purchasing an additional 3,753,414 shares in the last quarter. Finally, APG Asset Management N.V. increased its holdings in shares of Tractor Supply by 505.1% in the third quarter. APG Asset Management N.V. now owns 4,329,556 shares of the specialty retailer’s stock valued at $246,222,000 after purchasing an additional 3,614,097 shares during the last quarter. 98.72% of the stock is owned by hedge funds and other institutional investors.

Tractor Supply News Roundup

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

• Positive Sentiment: Analysts reaffirm Buy/Outperform ratings and upbeat price targets that cushion downside — Citi’s Steven Zaccone reiterated a Buy and $61 target. Article Title
• Positive Sentiment: Telsey Advisory reaffirmed an Outperform with a $70 price target, signaling some analysts see longer‑term upside despite the near‑term weakness. Article Title
• Neutral Sentiment: Comparable-store sales showed modest improvement (reports cite a small comps rise), indicating demand isn’t collapsing even as discretionary spending shifts. Article Title
• Neutral Sentiment: Management framed the quarter as a balance of headwinds and ongoing growth initiatives on the earnings call — useful context but not an immediate fix for margin/guide misses. Article Title
• Negative Sentiment: Q4 EPS missed: $0.43 vs. consensus $0.46, and revenue missed at $3.90B vs. $4.03B — the core cause of the stock weakness. Press Release
• Negative Sentiment: FY2026 guide came in light of consensus — EPS $2.13–2.23 vs. Street $2.31, and revenue $16.1B–16.5B vs. ~$16.6B — pushing expectations lower for the year. Read More.
• Negative Sentiment: Management cited margin pressure from tariffs, higher delivery/transport costs and a pullback in discretionary spending — structural cost and demand issues that could weigh on near‑term profit margins. Article Title
• Negative Sentiment: Market reaction: coverage notes and headlines show shares pulled back sharply after the print, reflecting investor focus on the misses and weaker guide. Article Title

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.