The TJX Companies, Inc. $TJX Shares Purchased by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC boosted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 36.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,738 shares of the apparel and home fashions retailer’s stock after acquiring an additional 5,052 shares during the period. EverSource Wealth Advisors LLC’s holdings in TJX Companies were worth $2,992,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of TJX. Swiss Life Asset Management Ltd boosted its position in TJX Companies by 9.5% during the fourth quarter. Swiss Life Asset Management Ltd now owns 373,430 shares of the apparel and home fashions retailer’s stock worth $57,363,000 after acquiring an additional 32,407 shares during the last quarter. Family Capital Trust Co raised its holdings in TJX Companies by 1,080.0% in the 4th quarter. Family Capital Trust Co now owns 13,523 shares of the apparel and home fashions retailer’s stock valued at $2,077,000 after acquiring an additional 12,377 shares during the last quarter. J.Safra Asset Management Corp lifted its stake in shares of TJX Companies by 78.3% during the 4th quarter. J.Safra Asset Management Corp now owns 6,805 shares of the apparel and home fashions retailer’s stock worth $1,045,000 after purchasing an additional 2,989 shares during the period. Bluedoor Private Wealth LLC acquired a new stake in shares of TJX Companies during the fourth quarter worth $2,559,000. Finally, Robinhood Asset Management LLC acquired a new stake in shares of TJX Companies during the fourth quarter worth $7,140,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

NYSE TJX opened at $161.62 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.54. The TJX Companies, Inc. has a 1-year low of $123.78 and a 1-year high of $170.00. The firm has a market capitalization of $178.54 billion, a P/E ratio of 31.38, a P/E/G ratio of 3.48 and a beta of 0.63. The business’s 50-day simple moving average is $157.56 and its 200-day simple moving average is $156.64.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.17. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The firm had revenue of $14.32 billion during the quarter, compared to the consensus estimate of $14.02 billion. During the same quarter in the prior year, the company earned $0.92 EPS. The company’s revenue 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. Equities analysts predict that The TJX Companies, Inc. will post 5.17 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be paid a $0.48 dividend. 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, August 13th. TJX Companies’s dividend payout ratio (DPR) is currently 37.28%.

Insider Buying and Selling at TJX Companies

In related news, Director Jackwyn Nemerov sold 957 shares of TJX Companies 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 in the company, valued at approximately $135,209.18. The trade was a 54.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Ernie Herrman sold 29,549 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $157.46, for a total value of $4,652,785.54. Following the completion of the sale, the chief executive officer owned 552,850 shares of the company’s stock, valued at approximately $87,051,761. This represents a 5.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 130,367 shares of company stock worth $20,959,476. Insiders own 0.15% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on TJX. Telsey Advisory Group upped their target price on TJX Companies from $175.00 to $185.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Sanford C. Bernstein reissued an “outperform” rating on shares of TJX Companies in a research note on Thursday, May 21st. Barclays reaffirmed an “overweight” rating and set a $190.00 price objective (up from $183.00) on shares of TJX Companies in a research note on Thursday, May 21st. Evercore reiterated an “outperform” rating and set a $175.00 price objective on shares of TJX Companies in a report on Thursday, May 21st. Finally, Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, TJX Companies presently has an average rating of “Buy” and an average price target of $176.89.

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.