First Horizon Corp Sells 6,653 Shares of The TJX Companies, Inc. $TJX

First Horizon Corp decreased its holdings in The TJX Companies, Inc. (NYSE:TJX) by 4.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 156,333 shares of the apparel and home fashions retailer’s stock after selling 6,653 shares during the period. TJX Companies accounts for about 1.0% of First Horizon Corp’s holdings, making the stock its 26th biggest position. First Horizon Corp’s holdings in TJX Companies were worth $24,966,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna boosted its position in shares of TJX Companies by 120.3% in the fourth quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer’s stock valued at $25,000 after acquiring an additional 89 shares during the period. Entrust Financial LLC purchased a new position in TJX Companies in the fourth quarter worth $26,000. Wilkerson Advisory Group LLC bought a new position in shares of TJX Companies during the 4th quarter valued at about $26,000. Imprint Wealth LLC bought a new position in TJX Companies during the third quarter valued at approximately $27,000. Finally, Joseph Group Capital Management purchased a new position in TJX Companies in the 4th quarter worth $27,000. Institutional investors own 91.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Weiss Ratings raised TJX Companies from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday. Robert W. Baird increased their price target on shares of TJX Companies from $172.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Barclays reissued an “overweight” rating and set a $190.00 price objective (up from $183.00) on shares of TJX Companies in a research report on Thursday, May 21st. Wall Street Zen lowered shares of TJX Companies from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Finally, UBS Group reissued a “buy” rating on shares of TJX Companies in a research report on Tuesday, June 9th. Two research analysts have rated the stock with a Strong Buy rating and twenty have given a Buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $176.89.

Insiders Place Their Bets

In other news, CFO John Klinger sold 6,235 shares of TJX Companies stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $160.77, for a total transaction of $1,002,400.95. Following the sale, the chief financial officer owned 64,257 shares in the company, valued at $10,330,597.89. This trade represents a 8.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jackwyn Nemerov sold 957 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $168.59, for a total transaction of $161,340.63. Following the completion of the sale, the director owned 802 shares in the company, valued at approximately $135,209.18. The trade was a 54.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 130,367 shares of company stock valued at $20,959,476 over the last three months. Insiders own 0.15% of the company’s stock.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $150.52 on Friday. The company has a quick ratio of 0.54, a current ratio of 1.14 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 $170.00. The stock has a market capitalization of $166.28 billion, a PE ratio of 29.23, a price-to-earnings-growth ratio of 3.31 and a beta of 0.63. The firm’s 50 day moving average price is $156.91 and its 200-day moving average price is $156.72.

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 (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 9.40% and a return on equity of 57.92%. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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 expect that The TJX Companies, Inc. will post 5.17 EPS for the current year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Thursday, August 13th. TJX Companies’s dividend payout ratio is presently 37.28%.

Key Stories Impacting TJX Companies

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

• Positive Sentiment: Jim Cramer called TJX a “key stock” in his charitable trust, signaling continued investor confidence in the off-price retailer’s resilience. Jim Cramer on TJX: “It’s a Key Stock in the Charitable Trust”
• Positive Sentiment: Analyst commentary highlighted TJX, along with Costco and Walmart, as a blue-chip retail name that can benefit from market volatility and investors seeking quality, scale, and defensive growth. 3 Blue-Chip Retail Stocks to Trust as Volatility Favors Quality
• Positive Sentiment: Zacks also featured TJX as a trending stock, reflecting elevated investor attention and interest in the name. Here is What to Know Beyond Why The TJX Companies, Inc. (TJX) is a Trending Stock
• Neutral Sentiment: Recent coverage repeated that TJX is drawing unusual attention from market participants, but did not identify a new company-specific catalyst. TJX (TJX) Stock Sinks As Market Gains: Here’s Why
• Negative Sentiment: The main drag appears to be simple relative weakness: TJX fell while the market rose, suggesting investors were rotating out of retail names despite no major negative earnings update in the latest headlines. TJX (TJX) Stock Sinks As Market Gains: Here’s Why

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.