The TJX Companies, Inc. $TJX Shares Sold by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. trimmed its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 11.6% during the first quarter, Holdings Channel reports. The institutional investor owned 797,750 shares of the apparel and home fashions retailer’s stock after selling 104,443 shares during the period. Epoch Investment Partners Inc.’s holdings in TJX Companies were worth $127,401,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in TJX. Bridgewater Advisors Inc. boosted its stake in TJX Companies by 3.9% during the 1st quarter. Bridgewater Advisors Inc. now owns 5,156 shares of the apparel and home fashions retailer’s stock valued at $823,000 after purchasing an additional 194 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of TJX Companies by 576.3% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 770,947 shares of the apparel and home fashions retailer’s stock valued at $123,120,000 after purchasing an additional 656,951 shares during the period. Dai ichi Life Insurance Company Ltd raised its stake in shares of TJX Companies by 3.5% in the 1st quarter. Dai ichi Life Insurance Company Ltd now owns 250,644 shares of the apparel and home fashions retailer’s stock worth $40,028,000 after buying an additional 8,482 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of TJX Companies by 0.5% in the 1st quarter. Public Employees Retirement System of Ohio now owns 474,436 shares of the apparel and home fashions retailer’s stock worth $75,767,000 after buying an additional 2,374 shares in the last quarter. Finally, Compound Planning Inc. lifted its holdings in shares of TJX Companies by 21.4% in the first quarter. Compound Planning Inc. now owns 31,546 shares of the apparel and home fashions retailer’s stock valued at $5,038,000 after buying an additional 5,558 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

Insider Activity at TJX Companies

In other TJX Companies news, Chairman Carol Meyrowitz sold 55,624 shares of the stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $163.65, for a total value of $9,102,867.60. Following the completion of the sale, the chairman owned 201,496 shares in the company, valued at $32,974,820.40. This represents a 21.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ernie Herrman sold 10,002 shares of TJX Companies stock in a transaction on Friday, June 5th. The shares were sold at an average price of $160.68, for a total transaction of $1,607,121.36. Following the sale, the chief executive officer directly owned 514,848 shares of the company’s stock, valued at $82,725,776.64. This trade represents a 1.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 130,367 shares of company stock valued at $20,959,476. 0.15% of the stock is owned by company insiders.

TJX Companies Price Performance

TJX stock opened at $154.15 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.54 and a debt-to-equity ratio of 0.18. The TJX Companies, Inc. has a one year low of $123.78 and a one year high of $170.00. The firm has a market capitalization of $170.29 billion, a PE ratio of 29.93, a P/E/G ratio of 3.33 and a beta of 0.63. The firm has a 50-day moving average of $157.19 and a two-hundred day moving average of $156.53.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $14.02 billion. During the same period last year, the firm posted $0.92 earnings per share. The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. 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. On average, analysts forecast that The TJX Companies, Inc. will post 5.17 earnings per share for the current year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 13th. TJX Companies’s dividend payout ratio is 37.28%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Weiss Ratings cut TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday. JPMorgan Chase & Co. boosted their price target on shares of TJX Companies from $173.00 to $174.00 and gave the stock an “overweight” rating in a research report on Monday, May 18th. BTIG Research upped their price target on shares of TJX Companies from $185.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Finally, Robert W. Baird lifted their price objective on shares of TJX Companies from $172.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $176.89.

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.