The TJX Companies, Inc. $TJX Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC grew its position in The TJX Companies, Inc. (NYSE:TJX) by 12.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,161 shares of the apparel and home fashions retailer’s stock after purchasing an additional 3,608 shares during the quarter. GAMMA Investing LLC’s holdings in TJX Companies were worth $5,094,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Lavaca Capital LLC purchased a new position in TJX Companies during the 2nd quarter worth $25,000. Dogwood Wealth Management LLC raised its stake in TJX Companies by 102.2% in the third quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock valued at $26,000 after buying an additional 92 shares during the last quarter. GGM Financials LLC acquired a new stake in TJX Companies in the third quarter worth about $27,000. Imprint Wealth LLC purchased a new stake in shares of TJX Companies during the third quarter worth about $27,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in shares of TJX Companies during the third quarter valued at about $28,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

Shares of NYSE TJX opened at $152.83 on Thursday. The company has a 50 day simple moving average of $155.61 and a two-hundred day simple moving average of $149.74. The stock has a market cap of $169.71 billion, a price-to-earnings ratio of 31.32, a PEG ratio of 3.57 and a beta of 0.73. The company has a current ratio of 1.14, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. The TJX Companies, Inc. has a 12 month low of $113.98 and a 12 month high of $162.68.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share for the quarter, topping 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 firm had revenue of $17.74 billion for the quarter, compared to analyst estimates of $17.36 billion. During the same quarter in the prior year, the business earned $1.23 earnings per share. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. 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. As a group, analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on TJX shares. JPMorgan Chase & Co. lifted their target price on shares of TJX Companies from $154.00 to $173.00 and gave the stock an “overweight” rating in a research note on Monday, February 23rd. The Goldman Sachs Group raised their price target on shares of TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Barclays lifted their price objective on shares of TJX Companies from $172.00 to $183.00 and gave the stock an “overweight” rating in a research note on Thursday, February 26th. Bank of America boosted their price objective on shares of TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Finally, Wall Street Zen lowered TJX Companies from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Three research analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $167.55.

Insider Buying and Selling

In related news, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the sale, the chief executive officer directly owned 479,316 shares of the company’s stock, valued at $77,145,910.20. This trade represents a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.13% of the company’s stock.

About TJX Companies

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.