The TJX Companies, Inc. $TJX Shares Sold by Sit Investment Associates Inc.

Sit Investment Associates Inc. trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 152,750 shares of the apparel and home fashions retailer’s stock after selling 7,280 shares during the period. Sit Investment Associates Inc.’s holdings in TJX Companies were worth $23,464,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of TJX. DJE Kapital AG increased its holdings in shares of TJX Companies by 14.9% during the 4th quarter. DJE Kapital AG now owns 1,016,414 shares of the apparel and home fashions retailer’s stock valued at $158,032,000 after purchasing an additional 131,882 shares in the last quarter. Principal Securities Inc. increased its holdings in shares of TJX Companies by 18.3% during the 4th quarter. Principal Securities Inc. now owns 60,498 shares of the apparel and home fashions retailer’s stock valued at $9,293,000 after purchasing an additional 9,354 shares in the last quarter. Connecticut Wealth Management LLC increased its holdings in shares of TJX Companies by 0.9% during the 4th quarter. Connecticut Wealth Management LLC now owns 17,721 shares of the apparel and home fashions retailer’s stock valued at $2,722,000 after purchasing an additional 161 shares in the last quarter. Peterson Wealth Services increased its holdings in shares of TJX Companies by 116.2% during the 4th quarter. Peterson Wealth Services now owns 4,087 shares of the apparel and home fashions retailer’s stock valued at $628,000 after purchasing an additional 2,197 shares in the last quarter. Finally, Fox Hill Wealth Management increased its holdings in shares of TJX Companies by 6.6% during the 4th quarter. Fox Hill Wealth Management now owns 27,238 shares of the apparel and home fashions retailer’s stock valued at $4,184,000 after purchasing an additional 1,696 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TJX has been the topic of several research analyst reports. Weiss Ratings lowered shares of TJX Companies from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Friday, May 8th. Wells Fargo & Company reiterated an “outperform” rating and issued a $160.00 target price (up from $155.00) on shares of TJX Companies in a research report on Thursday, May 21st. Citigroup reiterated a “buy” rating and issued a $182.00 target price (up from $168.00) on shares of TJX Companies in a research report on Thursday, May 21st. BTIG Research lifted their target price on shares of TJX Companies from $185.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Finally, JPMorgan Chase & Co. lifted their target price on shares of TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Three investment analysts have rated the stock with a Strong Buy rating and twenty have assigned a Buy rating to the company’s stock. According to data from MarketBeat, TJX Companies currently has an average rating of “Buy” and an average price target of $174.58.

Key Stories Impacting TJX Companies

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

• Positive Sentiment: Analysts remain upbeat on TJX, with Erste Group Bank raising FY2027 and FY2028 earnings estimates, reinforcing the view that the off-price retailer can keep growing profits. Erste Group Bank estimate increase
• Positive Sentiment: TJX continues to benefit from strong fundamentals, including a recent earnings beat, 9.2% revenue growth, and management’s raised margin outlook and buyback plans, which support the case for further upside. TJX earnings and outlook
• Positive Sentiment: The company also declared a quarterly dividend of $0.48 per share, signaling continued cash generation and shareholder returns. TJX quarterly dividend announcement
• Positive Sentiment: Commentary around TJX’s strong growth profile and market share gains from department stores added to the bullish narrative around the stock. TJX attracting investor attention
• Positive Sentiment: Reports highlighting TJX hitting a 52-week high reflect continued momentum and investor confidence in the company’s defensive off-price model. TJX hit a 52-week high
• Neutral Sentiment: Shareholders reapproved the board, auditor, and executive pay at the annual meeting, a routine governance outcome with little direct near-term impact on the stock. TJX shareholders reaffirm board, auditor and executive pay
• Neutral Sentiment: A recent chairman share sale may get attention, but it appears to be a relatively small insider transaction versus TJX’s large market capitalization and strong operational backdrop. TJX insider selling alert

Insider Transactions at TJX Companies

In related news, CEO Ernie Herrman sold 29,549 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $157.46, for a total transaction of $4,652,785.54. Following the completion of the sale, the chief executive officer directly owned 552,850 shares of the company’s stock, valued at $87,051,761. This trade represents a 5.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO John Klinger sold 6,235 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $160.77, for a total value of $1,002,400.95. Following the sale, the chief financial officer directly owned 64,257 shares of the company’s stock, valued at approximately $10,330,597.89. This represents a 8.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 129,410 shares of company stock worth $20,798,135. Insiders own 0.13% of the company’s stock.

TJX Companies Trading Up 0.2%

Shares of TJX stock opened at $168.02 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.54. The firm has a market cap of $185.61 billion, a PE ratio of 32.63, a price-to-earnings-growth ratio of 3.63 and a beta of 0.62. The company has a 50-day moving average of $157.49 and a two-hundred day moving average of $155.99. The TJX Companies, Inc. has a 1-year low of $119.84 and a 1-year high of $170.00.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.17. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The business had revenue of $14.32 billion for the quarter, compared to analysts’ expectations of $14.02 billion. During the same quarter in the prior year, the company earned $0.92 earnings per share. The business’s quarterly 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. On average, 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 given a dividend of $0.48 per share. The ex-dividend date is Thursday, August 13th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.1%. TJX Companies’s dividend payout ratio (DPR) is 37.28%.

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.