The TJX Companies, Inc. $TJX Shares Acquired by OneAscent Financial Services LLC

OneAscent Financial Services LLC lifted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 151.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,198 shares of the apparel and home fashions retailer’s stock after buying an additional 3,131 shares during the quarter. OneAscent Financial Services LLC’s holdings in TJX Companies were worth $798,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Dogwood Wealth Management LLC boosted its holdings 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 purchasing an additional 92 shares in the last quarter. Entrust Financial LLC acquired a new position in TJX Companies in the fourth quarter valued at approximately $26,000. GGM Financials LLC acquired a new position in TJX Companies in the third quarter valued at approximately $27,000. Joseph Group Capital Management acquired a new position in TJX Companies in the fourth quarter valued at approximately $27,000. Finally, IMG Wealth Management Inc. boosted its holdings in TJX Companies by 65.7% in the fourth quarter. IMG Wealth Management Inc. now owns 174 shares of the apparel and home fashions retailer’s stock valued at $27,000 after purchasing an additional 69 shares in the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other TJX Companies news, CFO John Klinger sold 6,235 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $160.77, for a total value of $1,002,400.95. Following the completion of the sale, the chief financial officer owned 64,257 shares in the company, valued at approximately $10,330,597.89. The trade was a 8.84% 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. Also, CEO Ernie Herrman sold 10,002 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $160.68, for a total value of $1,607,121.36. Following the completion of the sale, the chief executive officer owned 514,848 shares of the company’s stock, valued at approximately $82,725,776.64. This represents a 1.91% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 73,786 shares of company stock valued at $11,695,268. 0.13% of the stock is owned by company insiders.

TJX Companies Price Performance

Shares of NYSE TJX opened at $160.69 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 twelve month low of $119.84 and a twelve month high of $165.82. The stock has a 50 day moving average of $156.84 and a two-hundred day moving average of $155.43. The stock has a market cap of $177.51 billion, a P/E ratio of 31.20, a P/E/G ratio of 3.49 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 return on equity of 57.92% and a net margin of 9.40%.The company had revenue of $14.32 billion during the quarter, compared to analysts’ expectations of $14.02 billion. During the same quarter in the previous year, the business earned $0.92 earnings per share. The firm’s revenue for the quarter 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. On average, research analysts forecast that The TJX Companies, Inc. will post 5.15 earnings per share for the current year.

TJX Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th were paid a $0.48 dividend. This is an increase from TJX Companies’s previous quarterly dividend of $0.43. This represents a $1.92 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Thursday, May 14th. TJX Companies’s dividend payout ratio (DPR) is presently 37.28%.

TJX Companies News Summary

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX posted strong fiscal Q1 results, including 6% comparable sales growth and 29% EPS growth, and raised guidance, supporting the stock’s recent strength.
• Positive Sentiment: Analysts remain constructive on The TJX Companies, Inc., with a consensus “Buy” view and continued praise for its growth and defensive retail appeal.
• Positive Sentiment: UBS singled out TJX as a preferred consumer stock, citing its ability to grow, deliver strong returns, and exceed expectations.
• Neutral Sentiment: Recent stock gains have pushed TJX near its 52-week high, which may attract both momentum buyers and some profit-taking.
• Negative Sentiment: CEO Ernie Herrman and CFO John Klinger sold shares this week, which may weigh on sentiment even though the transactions were disclosed as routine filings.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Argus raised TJX Companies to a “strong-buy” rating in a report on Tuesday, March 3rd. Telsey Advisory Group upped their price target on TJX Companies from $175.00 to $185.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, March 28th. Evercore reaffirmed an “outperform” rating and issued a $175.00 price target on shares of TJX Companies in a report on Thursday, May 21st. Finally, JPMorgan Chase & Co. upped their price target on TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Three analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, TJX Companies presently has an average rating of “Buy” and a consensus price target of $174.58.

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.