Town & Country Bank & Trust CO dba First Bankers Trust CO Sells 6,538 Shares of The TJX Companies, Inc. $TJX

Town & Country Bank & Trust CO dba First Bankers Trust CO cut its holdings in The TJX Companies, Inc. (NYSE:TJX) by 25.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,406 shares of the apparel and home fashions retailer’s stock after selling 6,538 shares during the quarter. TJX Companies accounts for approximately 1.0% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s investment portfolio, making the stock its 27th largest position. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in TJX Companies were worth $3,099,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in TJX Companies by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 102,733,668 shares of the apparel and home fashions retailer’s stock valued at $15,780,919,000 after purchasing an additional 771,882 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of TJX Companies by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 27,011,104 shares of the apparel and home fashions retailer’s stock worth $4,134,174,000 after buying an additional 673,690 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of TJX Companies by 2.0% in the 4th quarter. Bank of America Corp DE now owns 25,620,925 shares of the apparel and home fashions retailer’s stock worth $3,935,630,000 after buying an additional 495,989 shares during the last quarter. Capital International Investors raised its position in shares of TJX Companies by 2.0% during the 4th quarter. Capital International Investors now owns 15,986,573 shares of the apparel and home fashions retailer’s stock valued at $2,455,911,000 after buying an additional 308,408 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of TJX Companies during the 4th quarter valued at about $2,211,975,000. Institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

TJX opened at $163.81 on Monday. The business has a fifty day moving average of $158.04 and a 200 day moving average of $156.57. The TJX Companies, Inc. has a 52-week low of $119.84 and a 52-week high of $170.00. 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 stock has a market cap of $180.96 billion, a P/E ratio of 31.81, a PEG ratio of 3.55 and a beta of 0.62.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share for the quarter, topping 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 business had revenue of $14.32 billion for the quarter, compared to analyst estimates of $14.02 billion. During the same quarter last year, the firm posted $0.92 earnings per share. The business’s revenue was up 9.2% compared to the same quarter last year. 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. As a group, sell-side analysts anticipate that The TJX Companies, Inc. will post 5.17 EPS for the current year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be issued a $0.48 dividend. The ex-dividend date is Thursday, August 13th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio is presently 37.28%.

Wall Street Analyst Weigh In

Several research firms recently commented on TJX. Evercore reiterated an “outperform” rating and issued a $175.00 price target on shares of TJX Companies in a research report on Thursday, May 21st. Sanford C. Bernstein restated an “outperform” rating on shares of TJX Companies in a research report on Thursday, May 21st. Truist Financial set a $190.00 price objective on TJX Companies and gave the company a “buy” rating in a research note on Thursday, May 21st. BTIG Research lifted their target price on TJX Companies from $185.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Finally, Robert W. Baird boosted their target price on TJX Companies from $172.00 to $175.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating and twenty have given a Buy rating to the company’s stock. According to data from MarketBeat, TJX Companies presently has an average rating of “Buy” and a consensus target price of $174.58.

Insider Activity at TJX Companies

In other TJX Companies news, CFO John Klinger sold 6,235 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were 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 directly owned 64,257 shares of the company’s stock, valued at $10,330,597.89. The trade was a 8.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Carol Meyrowitz sold 55,624 shares of the company’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $163.65, for a total transaction of $9,102,867.60. Following the completion of the transaction, the chairman owned 201,496 shares in the company, valued at $32,974,820.40. This represents a 21.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 130,367 shares of company stock worth $20,959,476. 0.15% of the stock is currently owned by corporate insiders.

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.