TJX Companies (NYSE:TJX) Stock Price Down 1.4% – Should You Sell?

The TJX Companies, Inc. (NYSE:TJX) shares traded down 1.4% during trading on Thursday . The stock traded as low as $155.69 and last traded at $155.7440. 3,659,014 shares were traded during mid-day trading, a decline of 34% from the average session volume of 5,532,277 shares. The stock had previously closed at $157.88.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on TJX shares. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft set a $184.00 price objective on shares of TJX Companies in a research note on Thursday, January 8th. Wall Street Zen lowered TJX Companies from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Argus upgraded TJX Companies to a “strong-buy” rating in a report on Tuesday, March 3rd. Finally, TD Cowen reissued a “buy” rating on shares of TJX Companies in a research note on Thursday, November 20th. Three analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $167.55.

TJX Companies Trading Down 0.3%

The company has a 50 day moving average of $155.56 and a 200 day moving average of $149.28. The firm has a market cap of $172.56 billion, a P/E ratio of 31.84, a PEG ratio of 3.58 and a beta of 0.73. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.14.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.05. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. The business had revenue of $17.74 billion for the quarter, compared to the consensus estimate of $17.36 billion. During the same quarter last year, the firm earned $1.23 EPS. TJX Companies’s revenue for the quarter was up 8.5% on a year-over-year basis. 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. Analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

Insider Activity at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $160.95, for a total value of $4,828,500.00. Following the completion of the sale, the chief executive officer directly owned 479,316 shares in the company, valued at approximately $77,145,910.20. The trade was a 5.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.13% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in TJX Companies by 113.7% during the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after acquiring an additional 8,002 shares during the period. Revolve Wealth Partners LLC lifted its position in shares of TJX Companies by 12.1% during 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 purchasing an additional 235 shares during the last quarter. Bison Wealth LLC boosted its stake in TJX Companies by 32.9% during the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after purchasing an additional 955 shares during the period. United Bank boosted its stake in TJX Companies by 7.6% during the 2nd quarter. United Bank now owns 16,298 shares of the apparel and home fashions retailer’s stock valued at $2,013,000 after purchasing an additional 1,155 shares during the period. Finally, Schnieders Capital Management LLC. bought a new position in TJX Companies in the 2nd quarter worth approximately $244,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

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.