Calydon Capital Has $449,000 Stock Position in The TJX Companies, Inc. $TJX

Calydon Capital lowered its stake in The TJX Companies, Inc. (NYSE:TJX) by 59.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,107 shares of the apparel and home fashions retailer’s stock after selling 4,617 shares during the quarter. Calydon Capital’s holdings in TJX Companies were worth $449,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Banco Santander S.A. boosted its position in shares of TJX Companies by 24.6% in the third quarter. Banco Santander S.A. now owns 160,368 shares of the apparel and home fashions retailer’s stock worth $23,180,000 after buying an additional 31,631 shares during the period. Bank of Nova Scotia raised its position in TJX Companies by 129.9% during the second quarter. Bank of Nova Scotia now owns 269,813 shares of the apparel and home fashions retailer’s stock valued at $33,319,000 after buying an additional 152,453 shares during the period. Empowered Funds LLC lifted its stake in TJX Companies by 66.6% in the 2nd quarter. Empowered Funds LLC now owns 76,998 shares of the apparel and home fashions retailer’s stock worth $9,508,000 after acquiring an additional 30,779 shares in the last quarter. Rheos Capital Works Inc. lifted its stake in TJX Companies by 26.0% in the 3rd quarter. Rheos Capital Works Inc. now owns 370,000 shares of the apparel and home fashions retailer’s stock worth $53,480,000 after acquiring an additional 76,400 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its position in TJX Companies by 4.9% during the 3rd quarter. Wealthfront Advisers LLC now owns 171,820 shares of the apparel and home fashions retailer’s stock worth $24,835,000 after acquiring an additional 8,006 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Down 0.3%

TJX opened at $155.40 on Monday. The company has a market capitalization of $172.56 billion, a PE ratio of 31.84, a price-to-earnings-growth ratio of 3.57 and a beta of 0.73. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.59. The TJX Companies, Inc. has a fifty-two week low of $112.30 and a fifty-two week high of $162.68. The business has a 50-day moving average of $155.56 and a 200-day moving average of $149.45.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 EPS for the quarter, beating the consensus estimate of $1.38 by $0.05. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The business had revenue of $17.74 billion during the quarter, compared to analysts’ expectations of $17.36 billion. During the same quarter in the previous year, the business posted $1.23 EPS. The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. TJX Companies has set its FY 2027 guidance at 4.930-5.020 EPS and its Q1 2027 guidance at 0.970-0.990 EPS. Equities research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

Insider Transactions at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $160.95, for a total value of $4,828,500.00. Following the completion of the sale, the chief executive officer directly owned 479,316 shares of the company’s stock, valued at $77,145,910.20. The trade was a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.13% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. TD Cowen reiterated a “buy” rating on shares of TJX Companies in a report on Thursday, November 20th. Deutsche Bank Aktiengesellschaft set a $184.00 price target on shares of TJX Companies in a report on Thursday, January 8th. JPMorgan Chase & Co. boosted their price objective on shares of TJX Companies from $154.00 to $173.00 and gave the company an “overweight” rating in a research report on Monday, February 23rd. Citigroup reiterated a “buy” rating and issued a $168.00 price objective (up from $160.00) on shares of TJX Companies in a research note on Thursday, November 20th. Finally, Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. Three investment analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the stock. According to data from MarketBeat, TJX Companies presently has a consensus rating of “Buy” and an average price target of $167.55.

TJX Companies Profile

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.