Argonautica Private Wealth Management Inc. Sells 1,064 Shares of Tractor Supply Company $TSCO

Argonautica Private Wealth Management Inc. lessened its holdings in shares of Tractor Supply Company (NASDAQ:TSCOFree Report) by 2.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,087 shares of the specialty retailer’s stock after selling 1,064 shares during the quarter. Argonautica Private Wealth Management Inc.’s holdings in Tractor Supply were worth $2,432,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of Tractor Supply by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 66,631,422 shares of the specialty retailer’s stock valued at $3,671,391,000 after acquiring an additional 2,597,450 shares during the last quarter. Wellington Management Group LLP boosted its position in shares of Tractor Supply by 16.0% during the 1st quarter. Wellington Management Group LLP now owns 27,604,769 shares of the specialty retailer’s stock valued at $1,521,023,000 after acquiring an additional 3,815,520 shares during the last quarter. Alliancebernstein L.P. boosted its position in shares of Tractor Supply by 10.8% during the 1st quarter. Alliancebernstein L.P. now owns 24,664,907 shares of the specialty retailer’s stock valued at $1,359,036,000 after acquiring an additional 2,408,373 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in Tractor Supply by 14.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,927,641 shares of the specialty retailer’s stock worth $657,214,000 after buying an additional 1,510,489 shares during the last quarter. Finally, Select Equity Group L.P. lifted its position in Tractor Supply by 16.8% in the 1st quarter. Select Equity Group L.P. now owns 8,959,995 shares of the specialty retailer’s stock worth $493,696,000 after buying an additional 1,290,771 shares during the last quarter. Institutional investors own 98.72% of the company’s stock.

Tractor Supply Price Performance

Shares of Tractor Supply stock opened at $54.77 on Wednesday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.28 and a quick ratio of 0.16. The business’s 50 day simple moving average is $58.46 and its two-hundred day simple moving average is $54.96. The stock has a market capitalization of $29.03 billion, a P/E ratio of 26.87, a price-to-earnings-growth ratio of 2.83 and a beta of 0.73. Tractor Supply Company has a one year low of $46.85 and a one year high of $63.99.

Tractor Supply (NASDAQ:TSCOGet Free Report) last announced its quarterly earnings results on Thursday, July 24th. The specialty retailer reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. The business had revenue of $4.44 billion for the quarter, compared to analysts’ expectations of $4.40 billion. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%.The business’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the previous year, the firm earned $3.93 EPS. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. Analysts forecast that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Monday, August 25th. This represents a $0.92 annualized dividend and a dividend yield of 1.7%. Tractor Supply’s payout ratio is 45.10%.

Insider Activity

In other news, CFO Kurt D. Barton sold 90,000 shares of the business’s stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $63.96, for a total transaction of $5,756,400.00. Following the transaction, the chief financial officer directly owned 47,715 shares of the company’s stock, valued at approximately $3,051,851.40. The trade was a 65.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Colin Yankee sold 6,680 shares of the business’s stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $58.40, for a total value of $390,112.00. Following the transaction, the executive vice president directly owned 40,142 shares in the company, valued at $2,344,292.80. This trade represents a 14.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 101,880 shares of company stock valued at $6,479,104. Company insiders own 0.65% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on TSCO shares. Truist Financial boosted their target price on Tractor Supply from $60.00 to $66.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. DA Davidson boosted their target price on Tractor Supply from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Robert W. Baird boosted their target price on Tractor Supply from $56.00 to $61.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. Wells Fargo & Company boosted their target price on Tractor Supply from $63.00 to $65.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Tractor Supply in a research report on Wednesday, October 8th. Fifteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $62.45.

Check Out Our Latest Analysis on Tractor Supply

About Tractor Supply

(Free Report)

Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers various merchandise, including livestock and equine feed and equipment, poultry, fencing, and sprayers and chemicals; food, treats, and equipment for dogs, cats, and other small animals, as well as dog wellness products; seasonal and recreation products comprising tractors and riders, lawn and garden, bird feeding, power equipment, and other recreational products; truck, tool, and hardware products, such as truck accessories, trailers, generators, lubricants, batteries, and hardware and tools; and clothing, gift, and décor products consist of clothing, footwear, toys, snacks, and decorative merchandise.

Further Reading

Institutional Ownership by Quarter for Tractor Supply (NASDAQ:TSCO)

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