Stonebridge Financial Group LLC MO Makes New Investment in The TJX Companies, Inc. $TJX

Stonebridge Financial Group LLC MO acquired a new position in The TJX Companies, Inc. (NYSE:TJX) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 4,130 shares of the apparel and home fashions retailer’s stock, valued at approximately $634,000.

A number of other large investors have also added to or reduced their stakes in TJX. Brighton Jones LLC increased its stake in TJX Companies by 113.7% in the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after acquiring an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in TJX Companies by 12.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock worth $262,000 after acquiring an additional 235 shares during the last quarter. Bison Wealth LLC increased its stake in TJX Companies by 32.9% in the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after acquiring an additional 955 shares during the last quarter. United Bank increased its stake in TJX Companies by 7.6% in the 2nd quarter. United Bank now owns 16,298 shares of the apparel and home fashions retailer’s stock worth $2,013,000 after acquiring an additional 1,155 shares during the last quarter. Finally, Schnieders Capital Management LLC. bought a new stake in TJX Companies in the 2nd quarter worth approximately $244,000. Institutional investors own 91.09% of the company’s stock.

Insider Buying and Selling

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

TJX Companies Stock Performance

Shares of TJX Companies stock opened at $150.37 on Wednesday. The stock’s fifty day moving average is $157.86 and its two-hundred day moving average is $154.11. The company has a market capitalization of $166.28 billion, a PE ratio of 30.81, a price-to-earnings-growth ratio of 3.42 and a beta of 0.64. The company has a quick ratio of 0.59, a current ratio of 1.14 and a debt-to-equity ratio of 0.18. The TJX Companies, Inc. has a 52 week low of $119.84 and a 52 week high of $165.82.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data 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. The company had revenue of $17.74 billion for the quarter, compared to the consensus estimate of $17.36 billion. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.TJX Companies’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.23 EPS. 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, analysts expect that The TJX Companies, Inc. will post 5.06 earnings per share for the current year.

TJX Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be given a $0.48 dividend. This is a boost from TJX Companies’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $1.92 annualized dividend and a yield of 1.3%. TJX Companies’s dividend payout ratio is currently 34.84%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Telsey Advisory Group lifted their price objective on TJX Companies from $170.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, February 26th. UBS Group reiterated a “buy” rating on shares of TJX Companies in a report on Wednesday, March 4th. JPMorgan Chase & Co. lifted their target price on TJX Companies from $154.00 to $173.00 and gave the stock an “overweight” rating in a report on Monday, February 23rd. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, March 28th. Finally, Argus upgraded TJX Companies to a “strong-buy” rating in a report on Tuesday, March 3rd. Three equities research analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company. According to data from MarketBeat, TJX Companies has a consensus rating of “Buy” and an average target price of $167.55.

TJX Companies Company 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.