Legal & General Group Plc Sells 75,458 Shares of The TJX Companies, Inc. $TJX

Legal & General Group Plc lessened its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.3% during the 4th quarter, HoldingsChannel reports. The firm owned 5,694,812 shares of the apparel and home fashions retailer’s stock after selling 75,458 shares during the period. Legal & General Group Plc’s holdings in TJX Companies were worth $874,780,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Trust Point Inc. lifted its holdings in shares of TJX Companies by 1.3% during the 4th quarter. Trust Point Inc. now owns 5,227 shares of the apparel and home fashions retailer’s stock valued at $803,000 after purchasing an additional 66 shares in the last quarter. Jaffetilchin Investment Partners LLC lifted its holdings in shares of TJX Companies by 1.6% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 4,236 shares of the apparel and home fashions retailer’s stock valued at $651,000 after purchasing an additional 66 shares in the last quarter. Tempus Wealth Planning LLC lifted its holdings in shares of TJX Companies by 0.5% during the 4th quarter. Tempus Wealth Planning LLC now owns 12,277 shares of the apparel and home fashions retailer’s stock valued at $1,886,000 after purchasing an additional 67 shares in the last quarter. Verde Capital Management lifted its holdings in shares of TJX Companies by 0.7% during the 4th quarter. Verde Capital Management now owns 10,022 shares of the apparel and home fashions retailer’s stock valued at $1,539,000 after purchasing an additional 67 shares in the last quarter. Finally, Sound Income Strategies LLC lifted its stake in TJX Companies by 3.0% in the 4th quarter. Sound Income Strategies LLC now owns 2,355 shares of the apparel and home fashions retailer’s stock valued at $371,000 after acquiring an additional 69 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on TJX. Evercore restated an “outperform” rating and issued a $175.00 target price on shares of TJX Companies in a research note on Thursday. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, March 28th. Argus upgraded TJX Companies to a “strong-buy” rating in a research note on Tuesday, March 3rd. UBS Group restated a “neutral” rating and issued a $197.00 target price (up from $193.00) on shares of TJX Companies in a research note on Thursday. Finally, Barclays restated an “overweight” rating and issued a $190.00 target price (up from $183.00) on shares of TJX Companies in a research note on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, TJX Companies presently has an average rating of “Buy” and a consensus target price of $174.58.

Insiders Place Their Bets

In related news, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the transaction, the chief executive officer directly owned 479,316 shares in the company, valued at approximately $77,145,910.20. The trade was a 5.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.13% of the company’s stock.

More TJX Companies News

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

• Positive Sentiment: TJX delivered better-than-expected Q1 results, including 9.2% revenue growth and EPS of $1.19, reinforcing that consumers are still spending at off-price retailers. TJX Q1 Deep Dive: Broad-Based Strength, Market Share Gains, and International Expansion
• Positive Sentiment: The company raised its full-year forecast after Q1 net income jumped about 28.5% and comparable sales came in above plan, which typically supports shares. TJX raises annual forecast after Q1 net income jumps 28.5%
• Positive Sentiment: Several analysts lifted price targets after the earnings beat, with firms such as BTIG, Baird, and Telsey highlighting upside from TJX’s strong execution and market-share gains. Wells Fargo Sticks to Their Hold Rating for TJX Companies (TJX)
• Neutral Sentiment: Not all analyst commentary was bullish, with Wells Fargo keeping a Hold rating, suggesting some caution despite the strong quarter. Analysts Conflicted on These Consumer Cyclical Names: TJX Companies (TJX), Choice Hotels (CHH) and Urban Outfitters (URBN)
• Neutral Sentiment: Broader retail coverage also points to TJX as a gauge of consumer health, alongside peers like Walmart and Ross Stores, which may add context but not a direct stock catalyst. Ross, TJX, and Walmart reveal how the real engine of the U.S. economy is doing

TJX Companies Price Performance

Shares of TJX opened at $158.29 on Monday. The company has a market cap of $175.04 billion, a price-to-earnings ratio of 30.74, a PEG ratio of 3.58 and a beta of 0.64. The TJX Companies, Inc. has a 1-year low of $119.84 and a 1-year high of $165.82. The company’s fifty day simple moving average is $156.68 and its 200 day simple moving average is $154.69. The company has a current ratio of 1.14, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX) last issued 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. The business had revenue of $14.32 billion for 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 firm’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.92 earnings per share. 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, research analysts forecast that The TJX Companies, Inc. will post 5.15 earnings per share for the current fiscal year.

TJX Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 14th will be issued a dividend of $0.48 per share. The ex-dividend date is Thursday, May 14th. This is a positive change from TJX Companies’s previous quarterly dividend of $0.43. This represents a $1.92 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s dividend payout ratio is presently 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.