Greenspring Advisors LLC Takes $606,000 Position in The TJX Companies, Inc. $TJX

Greenspring Advisors LLC purchased a new stake in shares of The TJX Companies, Inc. (NYSE:TJX) during the 4th quarter, Holdings Channel reports. The fund purchased 3,944 shares of the apparel and home fashions retailer’s stock, valued at approximately $606,000.

Several other large investors have also recently bought and sold shares of the business. Marietta Investment Partners LLC raised its position in TJX Companies by 4.4% during the fourth quarter. Marietta Investment Partners LLC now owns 3,299 shares of the apparel and home fashions retailer’s stock valued at $507,000 after buying an additional 138 shares during the period. REAP Financial Group LLC raised its position in TJX Companies by 17.2% during the fourth quarter. REAP Financial Group LLC now owns 792 shares of the apparel and home fashions retailer’s stock valued at $122,000 after buying an additional 116 shares during the period. BlackDiamond Wealth Management LLC raised its position in TJX Companies by 8.1% during the fourth quarter. BlackDiamond Wealth Management LLC now owns 3,814 shares of the apparel and home fashions retailer’s stock valued at $596,000 after buying an additional 287 shares during the period. WCG Wealth Advisors LLC acquired a new position in TJX Companies during the fourth quarter valued at $2,281,000. Finally, Nvest Financial LLC raised its position in TJX Companies by 25.1% during the fourth quarter. Nvest Financial LLC now owns 39,243 shares of the apparel and home fashions retailer’s stock valued at $6,028,000 after buying an additional 7,876 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TJX has been the topic of several recent analyst reports. Evercore reissued an “outperform” rating and set a $175.00 price target on shares of TJX Companies in a research report on Thursday, May 21st. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. Barclays restated an “overweight” rating and set a $190.00 price target (up from $183.00) on shares of TJX Companies in a report on Thursday, May 21st. Robert W. Baird boosted their price target on shares of TJX Companies from $172.00 to $175.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of TJX Companies in a report on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $174.58.

TJX Companies Trading Up 0.4%

Shares of NYSE:TJX opened at $158.56 on Friday. The stock has a market capitalization of $175.16 billion, a PE ratio of 30.79, a P/E/G ratio of 3.43 and a beta of 0.62. The TJX Companies, Inc. has a 1 year low of $119.84 and a 1 year high of $165.82. The firm has a fifty day moving average price of $156.82 and a 200 day moving average price of $155.40. The company has a current ratio of 1.14, a quick ratio of 0.54 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.17. The firm had revenue of $14.32 billion during the quarter, compared to analysts’ expectations of $14.02 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. TJX Companies’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.92 earnings per share. TJX Companies has set its FY 2027 guidance at 5.080-5.150 EPS and its Q2 2027 guidance at 1.150-1.170 EPS. Analysts expect that The TJX Companies, Inc. will post 5.15 EPS for the current fiscal year.

TJX Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 14th were issued a $0.48 dividend. This is a boost from TJX Companies’s previous quarterly dividend of $0.43. This represents a $1.92 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Thursday, May 14th. TJX Companies’s dividend payout ratio is currently 37.28%.

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.