The TJX Companies, Inc. $TJX Stake Cut by Capitolis Liquid Global Markets LLC

Capitolis Liquid Global Markets LLC cut its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 73.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 137,092 shares of the apparel and home fashions retailer’s stock after selling 380,908 shares during the period. Capitolis Liquid Global Markets LLC’s holdings in TJX Companies were worth $21,059,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. Claro Advisors Inc. lifted its stake in TJX Companies by 6.4% during the fourth quarter. Claro Advisors Inc. now owns 12,623 shares of the apparel and home fashions retailer’s stock worth $1,939,000 after purchasing an additional 762 shares during the last quarter. City National Bank of Florida MSD lifted its stake in TJX Companies by 11.2% during the fourth quarter. City National Bank of Florida MSD now owns 3,629 shares of the apparel and home fashions retailer’s stock worth $557,000 after purchasing an additional 365 shares during the last quarter. Clough Capital Partners L P bought a new position in TJX Companies during the fourth quarter worth $2,643,000. Boothbay Fund Management LLC lifted its stake in TJX Companies by 148.7% during the fourth quarter. Boothbay Fund Management LLC now owns 2,378 shares of the apparel and home fashions retailer’s stock worth $365,000 after purchasing an additional 1,422 shares during the last quarter. Finally, BNB Wealth Management LLC bought a new position in TJX Companies during the fourth quarter worth $272,000. 91.09% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. BTIG Research raised their price objective on TJX Companies from $185.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Barclays restated an “overweight” rating and set a $190.00 price objective (up from $183.00) on shares of TJX Companies in a research note on Thursday, May 21st. Sanford C. Bernstein reiterated an “outperform” rating on shares of TJX Companies in a research note on Thursday, May 21st. UBS Group reiterated a “buy” rating on shares of TJX Companies in a research note on Tuesday, June 9th. Finally, Telsey Advisory Group raised their target price on TJX Companies from $175.00 to $185.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating and twenty have given a Buy rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $174.58.

Insider Transactions at TJX Companies

In related news, CFO John Klinger sold 6,235 shares of TJX Companies stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $160.77, for a total transaction of $1,002,400.95. Following the transaction, the chief financial officer directly owned 64,257 shares of the company’s stock, valued at $10,330,597.89. The trade was a 8.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Carol Meyrowitz sold 55,624 shares of TJX Companies stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $163.65, for a total value of $9,102,867.60. Following the transaction, the chairman directly owned 201,496 shares in the company, valued at approximately $32,974,820.40. The trade was a 21.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 130,367 shares of company stock valued at $20,959,476 in the last three months. 0.15% of the stock is currently owned by insiders.

TJX Companies Price Performance

Shares of NYSE TJX opened at $164.18 on Thursday. The TJX Companies, Inc. has a fifty-two week low of $119.84 and a fifty-two week high of $170.00. The firm’s 50-day simple moving average is $157.87 and its 200 day simple moving average is $156.40. The company has a quick ratio of 0.54, a current ratio of 1.14 and a debt-to-equity ratio of 0.18. The stock has a market cap of $181.37 billion, a P/E ratio of 31.88, a P/E/G ratio of 3.60 and a beta of 0.62.

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 for the quarter, beating analysts’ consensus estimates of $1.02 by $0.17. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The business had revenue of $14.32 billion for the quarter, compared to analysts’ expectations of $14.02 billion. During the same period in the previous year, the business earned $0.92 earnings per share. The company’s revenue was up 9.2% on a year-over-year basis. 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. Equities analysts expect that The TJX Companies, Inc. will post 5.17 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 13th. TJX Companies’s payout ratio is presently 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.