Jonathan Estep Sells 59,745 Shares of Tractor Supply (NASDAQ:TSCO) Stock

Tractor Supply Company (NASDAQ:TSCO) EVP Jonathan Estep sold 59,745 shares of the business’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $54.03, for a total value of $3,228,022.35. Following the transaction, the executive vice president owned 80,931 shares of the company’s stock, valued at approximately $4,372,701.93. The trade was a 42.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Tractor Supply Stock Performance

TSCO stock opened at $55.03 on Friday. The firm has a market cap of $29.08 billion, a price-to-earnings ratio of 26.58, a PEG ratio of 2.73 and a beta of 0.74. Tractor Supply Company has a twelve month low of $46.85 and a twelve month high of $63.99. The business’s fifty day simple moving average is $52.36 and its two-hundred day simple moving average is $55.44. 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 data 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 company had revenue of $3.90 billion during the quarter, compared to analysts’ expectations of $4.03 billion. Tractor Supply had a net margin of 7.06% and a return on equity of 44.36%. Tractor Supply’s quarterly revenue was up 3.3% on a year-over-year basis. During the same period last year, the firm earned $0.44 earnings per share. Analysts predict that Tractor Supply Company will post 2.17 earnings per share for the current year.

Tractor Supply Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 1.7%. The ex-dividend date is Tuesday, February 24th. This is an increase from Tractor Supply’s previous quarterly dividend of $0.23. Tractor Supply’s dividend payout ratio (DPR) is 44.44%.

More Tractor Supply News

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

• Positive Sentiment: Board & capital return: Tractor Supply raised its quarterly dividend to $0.24 (a ~4.3% increase) and appointed Sonia Syngal to the board — a signal of shareholder return focus that typically supports income‑oriented buyers. Read More.
• Neutral Sentiment: Logistics strategy: Management is exploring final‑mile delivery capabilities to improve e‑commerce fulfillment. Potential long‑term upside for sales, but it requires investment and will take time to affect margins. Read More.
• Negative Sentiment: Analyst downgrades/estimates: Zacks Research issued multiple downward revisions to 2026–2028 quarterly and annual EPS forecasts and carries a “Strong Sell” stance — this increases downside risk to consensus expectations and can pressure the stock if other brokers follow. Read More.
• Negative Sentiment: Large insider selling: Two EVPs executed sizable mid‑February sales (Robert D. Mills sold ~62,950 shares; Jonathan S. Estep sold ~59,745 shares), a meaningful reduction in holdings that investors often view as bearish. SEC filings available for review. Read More. | Read More.
• Negative Sentiment: Additional insider sale: CFO Kurt Barton sold 1,884 shares (~$101k), a smaller but additive data point in the insider‑selling pattern. Read More.

Analysts Set New Price Targets

Several brokerages have recently commented on TSCO. TD Cowen cut their price target on Tractor Supply from $55.00 to $53.00 and set a “hold” rating on the stock in a research note on Friday, January 30th. Weiss Ratings restated a “hold (c+)” rating on shares of Tractor Supply in a report on Monday, December 29th. Evercore reiterated an “outperform” rating and set a $60.00 price objective on shares of Tractor Supply in a research note on Friday, January 30th. Stephens set a $53.00 price objective on shares of Tractor Supply and gave the company an “equal weight” rating in a report on Thursday, January 22nd. Finally, Gordon Haskett lowered Tractor Supply from an “accumulate” rating to a “hold” rating and lowered their target price for the stock from $57.00 to $50.00 in a report on Thursday, January 8th. Fifteen research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $59.78.

Institutional Trading of Tractor Supply

Several large investors have recently bought and sold shares of the stock. Invesco Ltd. grew its holdings in shares of Tractor Supply by 123.4% during the second quarter. Invesco Ltd. now owns 15,079,313 shares of the specialty retailer’s stock valued at $795,735,000 after buying an additional 8,329,462 shares during the last quarter. Norges Bank purchased a new position in Tractor Supply in the 4th quarter worth $303,862,000. Victory Capital Management Inc. lifted its position in 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 acquiring an additional 3,958,205 shares during the period. Select Equity Group L.P. grew its stake in Tractor Supply by 41.9% during the 2nd 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 during the last quarter. Finally, APG Asset Management N.V. grew its stake in Tractor Supply by 505.1% during the 3rd 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. Hedge funds and other institutional investors own 98.72% of the company’s stock.

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.