Union Savings Bank Acquires Shares of 10,922 The TJX Companies, Inc. $TJX

Union Savings Bank bought a new position in shares of The TJX Companies, Inc. (NYSE:TJX) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,922 shares of the apparel and home fashions retailer’s stock, valued at approximately $1,678,000. TJX Companies makes up approximately 0.7% of Union Savings Bank’s investment portfolio, making the stock its 25th largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Trust Point Inc. increased its stake in 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 worth $803,000 after buying an additional 66 shares during the period. Jaffetilchin Investment Partners LLC lifted its holdings in TJX Companies by 1.6% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 4,236 shares of the apparel and home fashions retailer’s stock worth $651,000 after buying an additional 66 shares in the last quarter. Hohimer Wealth Management LLC boosted its position in TJX Companies by 1.2% in the 4th quarter. Hohimer Wealth Management LLC now owns 5,595 shares of the apparel and home fashions retailer’s stock valued at $859,000 after buying an additional 66 shares during the last quarter. Tempus Wealth Planning LLC boosted its position in TJX Companies by 0.5% in 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 buying an additional 67 shares during the last quarter. Finally, Verde Capital Management grew its stake in shares of TJX Companies by 0.7% during the fourth quarter. Verde Capital Management now owns 10,022 shares of the apparel and home fashions retailer’s stock valued at $1,539,000 after acquiring an additional 67 shares in the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Price Performance

TJX opened at $163.81 on Friday. The company has a 50-day moving average of $158.04 and a 200-day moving average of $156.53. The company has a market capitalization of $180.96 billion, a P/E ratio of 31.81, a PEG ratio of 3.55 and a beta of 0.62. The TJX Companies, Inc. has a 1-year low of $119.84 and a 1-year high of $170.00. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.54 and a current ratio of 1.14.

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 (EPS) for the quarter, beating 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 business had revenue of $14.32 billion for the quarter, compared to analyst estimates of $14.02 billion. During the same quarter in the prior year, the business posted $0.92 EPS. The company’s revenue for the quarter 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 expect that The TJX Companies, Inc. will post 5.17 EPS for the current fiscal year.

TJX Companies Dividend Announcement

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

Insider Transactions at TJX Companies

In other news, Director Jackwyn Nemerov sold 957 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $168.59, for a total value of $161,340.63. Following the completion of the sale, the director directly owned 802 shares in the company, valued at approximately $135,209.18. The trade was a 54.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO John Klinger sold 6,235 shares of the company’s stock in a transaction that occurred on 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 sale, the chief financial officer directly owned 64,257 shares in the company, valued at approximately $10,330,597.89. This represents a 8.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 130,367 shares of company stock worth $20,959,476. 0.15% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Sanford C. Bernstein reiterated an “outperform” rating on shares of TJX Companies in a research note on Thursday, May 21st. UBS Group restated a “buy” rating on shares of TJX Companies in a research note on Tuesday, June 9th. Evercore restated an “outperform” rating and set a $175.00 price objective on shares of TJX Companies in a report on Thursday, May 21st. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. Finally, Argus upgraded TJX Companies to a “strong-buy” rating in a research note on Tuesday, March 3rd. Three research analysts have rated the stock with a Strong Buy rating and twenty have issued a Buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $174.58.

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.