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

Argonautica Private Wealth Management Inc. cut its position in shares of Tractor Supply Company (NASDAQ:TSCO) by 2.3% during the 2nd quarter, HoldingsChannel reports. The firm owned 46,087 shares of the specialty retailer’s stock after selling 1,064 shares during the period. Argonautica Private Wealth Management Inc.’s holdings in Tractor Supply were worth $2,432,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in TSCO. Bison Wealth LLC boosted its position in shares of Tractor Supply by 356.1% during the fourth quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock valued at $341,000 after purchasing an additional 5,017 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Tractor Supply by 11.0% during the first quarter. GAMMA Investing LLC now owns 15,205 shares of the specialty retailer’s stock valued at $838,000 after purchasing an additional 1,503 shares in the last quarter. Exchange Traded Concepts LLC boosted its holdings in Tractor Supply by 19.1% in the first quarter. Exchange Traded Concepts LLC now owns 3,196 shares of the specialty retailer’s stock worth $176,000 after acquiring an additional 512 shares in the last quarter. Blue Trust Inc. boosted its holdings in Tractor Supply by 27.1% in the first quarter. Blue Trust Inc. now owns 2,653 shares of the specialty retailer’s stock worth $146,000 after acquiring an additional 566 shares in the last quarter. Finally, Advisor Resource Council bought a new stake in Tractor Supply in the first quarter worth $245,000. 98.72% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Raymond James Financial reissued an “outperform” rating and issued a $65.00 target price (up from $57.00) on shares of Tractor Supply in a report on Friday, July 25th. Telsey Advisory Group reissued an “outperform” rating and issued a $70.00 target price on shares of Tractor Supply in a report on Friday, October 17th. Bank of America raised Tractor Supply from an “underperform” rating to a “buy” rating and set a $70.00 target price on the stock in a report on Thursday, July 24th. Citigroup raised Tractor Supply from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $60.00 to $62.00 in a report on Thursday, October 9th. Finally, UBS Group boosted their target price on Tractor Supply from $54.00 to $61.00 and gave the stock a “neutral” rating in a report on Friday, July 25th. Fifteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $62.45.

Tractor Supply Trading Down 0.9%

Shares of NASDAQ:TSCO opened at $54.77 on Wednesday. The company has a market cap of $29.03 billion, a P/E ratio of 26.87, a PEG ratio of 2.83 and a beta of 0.73. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.28 and a quick ratio of 0.16. Tractor Supply Company has a 1 year low of $46.85 and a 1 year high of $63.99. The stock’s fifty day moving average price is $58.46 and its 200-day moving average price is $54.96.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. The firm had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.40 billion. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%.The company’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the company posted $3.93 earnings per share. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. Sell-side analysts expect that Tractor Supply Company will post 2.17 earnings per share for the current year.

Tractor Supply Dividend Announcement

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

Insider Activity

In other news, EVP Colin Yankee sold 6,680 shares of the company’s stock in a transaction on Monday, July 28th. The stock was sold at an average price of $58.40, for a total transaction of $390,112.00. Following the transaction, the executive vice president directly owned 40,142 shares of the company’s stock, valued at $2,344,292.80. This represents a 14.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Kurt D. Barton sold 90,000 shares of the company’s stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $63.96, for a total value of $5,756,400.00. Following the sale, the chief financial officer owned 47,715 shares of the company’s stock, valued at approximately $3,051,851.40. This trade represents a 65.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 101,880 shares of company stock valued at $6,479,104 over the last ninety days. 0.65% of the stock is currently owned by corporate insiders.

Tractor Supply Profile

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.