Cwm LLC Buys 19,910 Shares of The TJX Companies, Inc. $TJX

Cwm LLC boosted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 5.6% in the fourth quarter, Holdings Channel reports. The firm owned 372,642 shares of the apparel and home fashions retailer’s stock after purchasing an additional 19,910 shares during the quarter. Cwm LLC’s holdings in TJX Companies were worth $57,242,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Trust Point Inc. lifted its stake in TJX Companies by 1.3% during the fourth quarter. Trust Point Inc. now owns 5,227 shares of the apparel and home fashions retailer’s stock worth $803,000 after purchasing an additional 66 shares during the period. Jaffetilchin Investment Partners LLC lifted its stake in TJX Companies by 1.6% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 4,236 shares of the apparel and home fashions retailer’s stock worth $651,000 after purchasing an additional 66 shares during the period. Tempus Wealth Planning LLC lifted its stake in TJX Companies by 0.5% during the fourth quarter. Tempus Wealth Planning LLC now owns 12,277 shares of the apparel and home fashions retailer’s stock worth $1,886,000 after purchasing an additional 67 shares during the period. Sound Income Strategies LLC lifted its stake in TJX Companies by 3.0% during the fourth quarter. Sound Income Strategies LLC now owns 2,355 shares of the apparel and home fashions retailer’s stock worth $371,000 after purchasing an additional 69 shares during the period. Finally, High Note Wealth LLC lifted its stake in TJX Companies by 12.1% during the third quarter. High Note Wealth LLC now owns 667 shares of the apparel and home fashions retailer’s stock worth $96,000 after purchasing an additional 72 shares during the period. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Up 0.0%

Shares of TJX opened at $160.34 on Thursday. The company has a market capitalization of $177.47 billion, a P/E ratio of 32.86, a PEG ratio of 3.69 and a beta of 0.73. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.59. The TJX Companies, Inc. has a one year low of $119.84 and a one year high of $165.82. The business’s 50 day simple moving average is $157.83 and its 200-day simple moving average is $152.43.

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

TJX Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 14th will be issued 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 dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, May 14th. TJX Companies’s dividend payout ratio (DPR) is 34.84%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Telsey Advisory Group raised their price target on shares of TJX Companies from $170.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, February 26th. Argus upgraded shares of TJX Companies to a “strong-buy” rating in a research note on Tuesday, March 3rd. UBS Group restated a “buy” rating on shares of TJX Companies in a research note on Wednesday, March 4th. JPMorgan Chase & Co. raised their price target 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. Finally, BTIG Research restated a “buy” rating and set a $185.00 price target (up from $165.00) on shares of TJX Companies in a research note on Thursday, February 26th. Four equities research analysts have rated the stock with a Strong Buy rating and twenty-one have issued a Buy rating to the stock. Based on data from MarketBeat.com, TJX Companies presently has a consensus rating of “Buy” and a consensus price target of $167.55.

Insider Buying and Selling at TJX Companies

In related news, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction that occurred 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 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 sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.13% of the stock is currently owned by corporate insiders.

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.