Argent Capital Management LLC Purchases 12,519 Shares of Tractor Supply Company $TSCO

Key Points

• Argent Capital Management LLC increased its stake in Tractor Supply Company by 2.9%, acquiring an additional 12,519 shares, bringing its total ownership to 448,623 shares valued at approximately $23.67 million.
• Tractor Supply reported a net margin of 7.18% and earnings of $0.81 per share, surpassing analysts' expectations, with quarterly revenues reaching $4.44 billion.
• Analysts are optimistic about Tractor Supply's stock, with multiple firms raising their price targets, and the average target now stands at $62.15, indicating a "Moderate Buy" rating.

Argent Capital Management LLC lifted its position in Tractor Supply Company (NASDAQ:TSCO - Free Report) by 2.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 448,623 shares of the specialty retailer's stock after purchasing an additional 12,519 shares during the quarter. Argent Capital Management LLC owned about 0.08% of Tractor Supply worth $23,674,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. CHICAGO TRUST Co NA increased its holdings in shares of Tractor Supply by 17.3% in the second quarter. CHICAGO TRUST Co NA now owns 10,626 shares of the specialty retailer's stock worth $561,000 after purchasing an additional 1,566 shares during the period. Opal Wealth Advisors LLC bought a new position in shares of Tractor Supply in the second quarter worth $35,000. AdvisorNet Financial Inc increased its holdings in shares of Tractor Supply by 13.5% in the second quarter. AdvisorNet Financial Inc now owns 10,131 shares of the specialty retailer's stock worth $535,000 after purchasing an additional 1,208 shares during the period. KFG Wealth Management LLC increased its holdings in shares of Tractor Supply by 7.2% in the second quarter. KFG Wealth Management LLC now owns 14,898 shares of the specialty retailer's stock worth $786,000 after purchasing an additional 1,000 shares during the period. Finally, U.S. Capital Wealth Advisors LLC increased its holdings in shares of Tractor Supply by 133.4% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 28,951 shares of the specialty retailer's stock worth $1,528,000 after purchasing an additional 16,546 shares during the period. Institutional investors own 98.72% of the company's stock.

Tractor Supply Stock Performance

Tractor Supply stock opened at $58.14 on Tuesday. The company has a current ratio of 1.28, a quick ratio of 0.16 and a debt-to-equity ratio of 0.68. The firm has a 50-day moving average of $59.65 and a 200-day moving average of $54.68. The firm has a market cap of $30.81 billion, a P/E ratio of 28.53, a P/E/G ratio of 3.06 and a beta of 0.76. Tractor Supply Company has a 1-year low of $46.85 and a 1-year high of $63.99.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last posted its earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.01. The company had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.40 billion. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. Tractor Supply's revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the prior year, the business 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 EPS for the current year.

Tractor Supply Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Shareholders of record on Monday, August 25th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Monday, August 25th. Tractor Supply's payout ratio is presently 45.10%.

Wall Street Analysts Forecast Growth

TSCO has been the topic of several research analyst reports. Wells Fargo & Company upped their price target on shares of Tractor Supply from $63.00 to $65.00 and gave the stock an "overweight" rating in a report on Friday, July 25th. Wall Street Zen raised Tractor Supply from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th. DA Davidson increased their target price on Tractor Supply from $65.00 to $70.00 and gave the company a "buy" rating in a research note on Friday, July 25th. 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 research note on Thursday, July 24th. Finally, JPMorgan Chase & Co. increased their target price on Tractor Supply from $56.00 to $65.00 and gave the company a "neutral" rating in a research note on Monday, July 21st. Thirteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $62.15.

Insider Buying and Selling at Tractor Supply

In other Tractor Supply news, CFO Kurt D. Barton sold 90,000 shares of Tractor Supply 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 sale, 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Noni L. Ellison sold 5,200 shares of Tractor Supply stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $63.96, for a total value of $332,592.00. Following the sale, the senior vice president directly owned 28,639 shares in the company, valued at approximately $1,831,750.44. The trade was a 15.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 148,050 shares of company stock worth $9,070,162. Insiders own 0.65% of the company's stock.

About Tractor Supply

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.

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