Orion Porfolio Solutions LLC Acquires 3,913 Shares of The TJX Companies, Inc. $TJX

Orion Porfolio Solutions LLC increased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 84,589 shares of the apparel and home fashions retailer’s stock after purchasing an additional 3,913 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in TJX Companies were worth $12,226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of TJX. Brighton Jones LLC grew its stake in shares of TJX Companies by 113.7% in the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after acquiring an additional 8,002 shares during the period. Revolve Wealth Partners LLC boosted its holdings in TJX Companies by 12.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock worth $262,000 after purchasing an additional 235 shares during the last quarter. Bison Wealth LLC grew its position in TJX Companies by 32.9% in the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after purchasing an additional 955 shares during the period. United Bank raised its stake in TJX Companies by 7.6% during the 2nd quarter. United Bank now owns 16,298 shares of the apparel and home fashions retailer’s stock valued at $2,013,000 after buying an additional 1,155 shares during the last quarter. Finally, Schnieders Capital Management LLC. bought a new position in shares of TJX Companies during the 2nd quarter valued at $244,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $160.95, for a total value of $4,828,500.00. Following the completion of the transaction, the chief executive officer directly owned 479,316 shares in the company, valued at $77,145,910.20. This represents a 5.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.13% of the company’s stock.

TJX Companies Stock Down 0.5%

Shares of TJX stock opened at $160.91 on Friday. 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 $112.10 and a one year high of $162.68. The company’s fifty day moving average price is $155.25 and its 200-day moving average price is $148.36. The company has a market capitalization of $178.69 billion, a price-to-earnings ratio of 32.97, a PEG ratio of 3.72 and a beta of 0.73.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.05. The company had revenue of $17.74 billion during the quarter, compared to the consensus estimate of $17.36 billion. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. TJX Companies’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. Sell-side analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Investors of record on Thursday, February 12th were paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, February 12th. TJX Companies’s dividend payout ratio (DPR) is 34.84%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on TJX. UBS Group reissued a “buy” rating on shares of TJX Companies in a report on Wednesday. Argus raised shares of TJX Companies to a “strong-buy” rating in a research report on Tuesday. Guggenheim upgraded TJX Companies to a “strong-buy” rating in a research note on Wednesday, December 10th. Telsey Advisory Group raised their target price on TJX Companies from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Thursday, February 26th. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $170.00 price target on shares of TJX Companies in a report on Tuesday, January 6th. Three investment analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the stock. Based on data from MarketBeat.com, TJX Companies presently has a consensus rating of “Buy” and an average target price of $167.55.

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.