23,461 Shares in Tractor Supply Company $TSCO Acquired by Argos Wealth Advisors LLC

Argos Wealth Advisors LLC acquired a new position in Tractor Supply Company (NASDAQ:TSCO) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 23,461 shares of the specialty retailer’s stock, valued at approximately $1,173,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Valley Wealth Managers Inc. purchased a new stake in Tractor Supply in the 4th quarter worth approximately $32,000. Meridian Wealth Management LLC lifted its stake in Tractor Supply by 199.7% in the 4th quarter. Meridian Wealth Management LLC now owns 30,273 shares of the specialty retailer’s stock worth $1,514,000 after purchasing an additional 20,173 shares in the last quarter. HighPoint Advisor Group LLC lifted its stake in Tractor Supply by 3.2% in the 4th quarter. HighPoint Advisor Group LLC now owns 14,052 shares of the specialty retailer’s stock worth $703,000 after purchasing an additional 430 shares in the last quarter. ABC Arbitrage SA purchased a new stake in Tractor Supply in the 4th quarter worth approximately $219,000. Finally, Freedom Day Solutions LLC lifted its stake in Tractor Supply by 0.6% in the 4th quarter. Freedom Day Solutions LLC now owns 52,564 shares of the specialty retailer’s stock worth $2,629,000 after purchasing an additional 329 shares in the last quarter. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Tractor Supply

In other Tractor Supply news, EVP Colin Yankee sold 11,170 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $55.35, for a total value of $618,259.50. Following the completion of the sale, the executive vice president owned 45,515 shares in the company, valued at approximately $2,519,255.25. The trade was a 19.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on TSCO. Daiwa Securities Group lowered their target price on shares of Tractor Supply from $52.00 to $41.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. The Goldman Sachs Group lowered their target price on shares of Tractor Supply from $59.00 to $55.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Wells Fargo & Company lowered their target price on shares of Tractor Supply from $55.00 to $47.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Gordon Haskett lowered their target price on shares of Tractor Supply from $50.00 to $40.00 and set a “hold” rating on the stock in a research note on Wednesday, April 22nd. Finally, Loop Capital lowered their target price on shares of Tractor Supply from $51.00 to $41.00 and set a “hold” rating on the stock in a research note on Wednesday, April 22nd. Fourteen investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $47.38.

Tractor Supply Stock Performance

Tractor Supply stock opened at $30.59 on Wednesday. The firm’s fifty day moving average price is $43.27 and its 200-day moving average price is $49.63. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.16 and a current ratio of 1.38. The stock has a market cap of $16.04 billion, a P/E ratio of 15.00, a price-to-earnings-growth ratio of 1.74 and a beta of 0.51. Tractor Supply Company has a fifty-two week low of $30.17 and a fifty-two week high of $63.99.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.04). The company had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $3.64 billion. Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The business’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.34 EPS. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. On average, equities research analysts expect that Tractor Supply Company will post 2.14 earnings per share for the current fiscal year.

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.