The TJX Companies, Inc. $TJX Shares Sold by Great Lakes Advisors LLC

Great Lakes Advisors LLC reduced its position in The TJX Companies, Inc. (NYSE:TJX) by 0.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 856,695 shares of the apparel and home fashions retailer’s stock after selling 7,614 shares during the period. TJX Companies makes up about 1.1% of Great Lakes Advisors LLC’s holdings, making the stock its 25th biggest holding. Great Lakes Advisors LLC’s holdings in TJX Companies were worth $131,597,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Trust Point Inc. boosted its holdings in shares of TJX Companies by 1.3% during the 4th quarter. Trust Point Inc. now owns 5,227 shares of the apparel and home fashions retailer’s stock worth $803,000 after buying an additional 66 shares during the period. Jaffetilchin Investment Partners LLC boosted its holdings in shares of TJX Companies by 1.6% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 4,236 shares of the apparel and home fashions retailer’s stock worth $651,000 after buying an additional 66 shares during the period. Tempus Wealth Planning LLC boosted its holdings in shares of TJX Companies by 0.5% during the 4th quarter. Tempus Wealth Planning LLC now owns 12,277 shares of the apparel and home fashions retailer’s stock worth $1,886,000 after buying an additional 67 shares during the period. Verde Capital Management boosted its holdings in shares of TJX Companies by 0.7% during the 4th quarter. Verde Capital Management now owns 10,022 shares of the apparel and home fashions retailer’s stock worth $1,539,000 after buying an additional 67 shares during the period. Finally, Intellectus Partners LLC boosted its holdings in shares of TJX Companies by 1.1% during the 4th quarter. Intellectus Partners LLC now owns 6,299 shares of the apparel and home fashions retailer’s stock worth $968,000 after buying an additional 67 shares during the period. Institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

TJX stock opened at $168.02 on Friday. The company has a 50 day simple moving average of $157.49 and a 200 day simple moving average of $155.99. The stock has a market cap of $185.61 billion, a price-to-earnings ratio of 32.63, a P/E/G ratio of 3.63 and a beta of 0.62. The TJX Companies, Inc. has a 1 year low of $119.84 and a 1 year high of $170.00. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.54.

TJX Companies (NYSE:TJX) last released 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 business 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%. The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.92 EPS. 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. Research analysts anticipate that The TJX Companies, Inc. will post 5.17 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, August 13th. TJX Companies’s dividend payout ratio is 37.28%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Argus raised shares of TJX Companies to a “strong-buy” rating in a report on Tuesday, March 3rd. Wells Fargo & Company reissued an “outperform” rating and issued a $160.00 price objective (up from $155.00) on shares of TJX Companies in a report on Thursday, May 21st. Sanford C. Bernstein reissued an “outperform” rating on shares of TJX Companies in a report on Thursday, May 21st. Robert W. Baird boosted their price objective 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, Citigroup reissued a “buy” rating and issued a $182.00 price objective (up from $168.00) on shares of TJX Companies in a report on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating and twenty have assigned a Buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $174.58.

Key TJX Companies News

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: Analysts remain upbeat on TJX, with Erste Group Bank raising FY2027 and FY2028 earnings estimates, reinforcing the view that the off-price retailer can keep growing profits. Erste Group Bank estimate increase
• Positive Sentiment: TJX continues to benefit from strong fundamentals, including a recent earnings beat, 9.2% revenue growth, and management’s raised margin outlook and buyback plans, which support the case for further upside. TJX earnings and outlook
• Positive Sentiment: The company also declared a quarterly dividend of $0.48 per share, signaling continued cash generation and shareholder returns. TJX quarterly dividend announcement
• Positive Sentiment: Commentary around TJX’s strong growth profile and market share gains from department stores added to the bullish narrative around the stock. TJX attracting investor attention
• Positive Sentiment: Reports highlighting TJX hitting a 52-week high reflect continued momentum and investor confidence in the company’s defensive off-price model. TJX hit a 52-week high
• Neutral Sentiment: Shareholders reapproved the board, auditor, and executive pay at the annual meeting, a routine governance outcome with little direct near-term impact on the stock. TJX shareholders reaffirm board, auditor and executive pay
• Neutral Sentiment: A recent chairman share sale may get attention, but it appears to be a relatively small insider transaction versus TJX’s large market capitalization and strong operational backdrop. TJX insider selling alert

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 29,549 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $157.46, for a total value of $4,652,785.54. Following the completion of the transaction, the chief executive officer directly owned 552,850 shares in the company, valued at approximately $87,051,761. This represents a 5.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman Carol Meyrowitz sold 55,624 shares of the stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $163.65, for a total transaction of $9,102,867.60. Following the sale, the chairman owned 201,496 shares of the company’s stock, valued at approximately $32,974,820.40. This trade represents a 21.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 129,410 shares of company stock worth $20,798,135. 0.13% of the stock is currently owned by company insiders.

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.