Paladin Wealth LLC Takes Position in The TJX Companies, Inc. $TJX

Paladin Wealth LLC acquired a new position in The TJX Companies, Inc. (NYSE:TJX) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 3,563 shares of the apparel and home fashions retailer’s stock, valued at approximately $547,000.

Several other institutional investors have also recently made changes to their positions in TJX. Financial Planning Hawaii Inc. bought a new stake in TJX Companies during the 4th quarter valued at approximately $531,000. J. Safra Sarasin Holding AG boosted its stake in TJX Companies by 39.6% in the 4th quarter. J. Safra Sarasin Holding AG now owns 14,285 shares of the apparel and home fashions retailer’s stock worth $2,194,000 after purchasing an additional 4,052 shares during the period. ORG Wealth Partners LLC boosted its stake in TJX Companies by 64.0% in the 4th quarter. ORG Wealth Partners LLC now owns 1,637 shares of the apparel and home fashions retailer’s stock worth $252,000 after purchasing an additional 639 shares during the period. AA Financial Advisors LLC purchased a new stake in TJX Companies during the 4th quarter valued at approximately $256,000. Finally, Donaldson Capital Management LLC grew its holdings in TJX Companies by 10.8% during the 4th quarter. Donaldson Capital Management LLC now owns 6,222 shares of the apparel and home fashions retailer’s stock valued at $956,000 after buying an additional 609 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

TJX has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft set a $184.00 target price on shares of TJX Companies in a report on Thursday, January 8th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $170.00 target price on shares of TJX Companies in a research note on Tuesday, January 6th. Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a report on Wednesday, December 10th. UBS Group reiterated a “buy” rating on shares of TJX Companies in a research note on Wednesday, March 4th. Finally, Telsey Advisory Group increased their price objective on shares of TJX Companies from $170.00 to $175.00 and gave the company an “outperform” rating in a report on Thursday, February 26th. Three investment analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $167.55.

Insider Buying and Selling at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the sale, the chief executive officer directly owned 479,316 shares in the company, valued at approximately $77,145,910.20. This represents a 5.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.13% of the stock is currently owned by company insiders.

TJX Companies Stock Up 0.3%

NYSE TJX opened at $155.58 on Tuesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.14. The company has a market capitalization of $172.76 billion, a P/E ratio of 31.88, a P/E/G ratio of 3.57 and a beta of 0.73. The TJX Companies, Inc. has a one year low of $116.37 and a one year high of $162.68. The stock has a 50 day moving average price of $155.53 and a 200-day moving average price of $150.77.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.05. The company had revenue of $17.74 billion for the quarter, compared to analysts’ expectations of $17.36 billion. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. TJX Companies’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.23 earnings per share. 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. As a group, equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th will be issued a $0.48 dividend. This is a boost from TJX Companies’s previous quarterly dividend of $0.43. The ex-dividend date is Thursday, May 14th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s payout ratio is presently 34.84%.

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.