Caerus Investment Advisors LLC Sells 3,550 Shares of The TJX Companies, Inc. $TJX

Caerus Investment Advisors LLC trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 45.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,312 shares of the apparel and home fashions retailer’s stock after selling 3,550 shares during the quarter. Caerus Investment Advisors LLC’s holdings in TJX Companies were worth $689,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of TJX. First Nebraska Trust Co acquired a new stake in shares of TJX Companies in the first quarter worth about $894,000. Financial Solutions Advisory Group Inc. bought a new stake in shares of TJX Companies during the 1st quarter worth about $256,000. Blue Fin Capital Inc. increased its holdings in shares of TJX Companies by 0.9% during the 1st quarter. Blue Fin Capital Inc. now owns 28,947 shares of the apparel and home fashions retailer’s stock valued at $4,623,000 after acquiring an additional 252 shares during the last quarter. Alpine Woods Capital Investors LLC increased its holdings in shares of TJX Companies by 2.0% during the 1st quarter. Alpine Woods Capital Investors LLC now owns 22,625 shares of the apparel and home fashions retailer’s stock valued at $3,613,000 after acquiring an additional 449 shares during the last quarter. Finally, Allen Capital Group LLC raised its stake in shares of TJX Companies by 9.7% in the 1st quarter. Allen Capital Group LLC now owns 1,582 shares of the apparel and home fashions retailer’s stock valued at $253,000 after acquiring an additional 140 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Telsey Advisory Group boosted their target price on TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Robert W. Baird increased their price target on TJX Companies from $172.00 to $175.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Evercore reissued an “outperform” rating and issued a $175.00 price target on shares of TJX Companies in a research report on Thursday, May 21st. Wells Fargo & Company restated an “outperform” rating and issued a $160.00 price objective (up from $155.00) on shares of TJX Companies in a research note on Thursday, May 21st. Finally, Erste Group Bank downgraded shares of TJX Companies from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $176.89.

TJX Companies Trading Down 1.1%

TJX Companies stock opened at $157.50 on Friday. The TJX Companies, Inc. has a 52 week low of $123.78 and a 52 week high of $170.00. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.54 and a current ratio of 1.14. The firm has a market capitalization of $173.99 billion, a PE ratio of 30.58, a PEG ratio of 3.41 and a beta of 0.63. The business’s 50-day simple moving average is $157.57 and its 200-day simple moving average is $156.66.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.17. The firm had revenue of $14.32 billion during the quarter, compared to the consensus estimate of $14.02 billion. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.The firm’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter 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. Equities research analysts forecast that The TJX Companies, Inc. will post 5.17 earnings per share for the current year.

TJX Companies Dividend Announcement

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

Insiders Place Their Bets

In related news, Director Jackwyn Nemerov sold 957 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $168.59, for a total transaction of $161,340.63. Following the transaction, the director owned 802 shares of the company’s stock, valued at approximately $135,209.18. The trade was a 54.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Ernie Herrman sold 10,002 shares of the company’s 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 transaction, the chief executive officer owned 514,848 shares of the company’s stock, valued at approximately $82,725,776.64. The trade was a 1.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 130,367 shares of company stock valued at $20,959,476 over the last ninety days. 0.15% of the stock is owned by 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.