Tractor SupplyTSCO
About: Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. At the end of fiscal 2024, the company operated 2,296 of its namesake banners in 49 states, along with 206 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities, as opposed to urban and suburban areas. In fiscal 2023 (most recent data available), revenue consisted primarily of livestock, equine & agriculture (27%), companion animal (25%), and seasonal & recreation (22%).
Employees: 52,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
8,317% more repeat investments, than reductions
Existing positions increased: 1,010 | Existing positions reduced: 12
81% more first-time investments, than exits
New positions opened: 161 | Existing positions closed: 89
4% more funds holding
Funds holding: 1,146 [Q3] → 1,189 (+43) [Q4]
0.86% more ownership
Funds ownership: 95.82% [Q3] → 96.68% (+0.86%) [Q4]
7% less capital invested
Capital invested by funds: $30B [Q3] → $28B (-$2B) [Q4]
14% less funds holding in top 10
Funds holding in top 10: 14 [Q3] → 12 (-2) [Q4]
21% less call options, than puts
Call options by funds: $178M | Put options by funds: $226M
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
JP Morgan Christopher Horvers 23% 1-year accuracy 7 / 30 met price target | 12%upside $59 | Neutral Maintained | 31 Jan 2025 |
Truist Securities Scot Ciccarelli 37% 1-year accuracy 24 / 65 met price target | 14%upside $60 | Buy Maintained | 31 Jan 2025 |
Guggenheim Steven Forbes 26% 1-year accuracy 6 / 23 met price target | 14%upside $60 | Buy Reiterated | 31 Jan 2025 |
Telsey Advisory Group Joseph Feldman 27% 1-year accuracy 42 / 157 met price target | 27%upside $67 | Outperform Maintained | 31 Jan 2025 |
Mizuho David Bellinger 30% 1-year accuracy 11 / 37 met price target | 18%upside $62 | Outperform Maintained | 23 Jan 2025 |
Financial journalist opinion
Based on 10 articles about TSCO published over the past 30 days









