Capital World Investors Buys New Position in The TJX Companies, Inc. $TJX

Capital World Investors bought a new stake in shares of The TJX Companies, Inc. (NYSE:TJX) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 855,557 shares of the apparel and home fashions retailer’s stock, valued at approximately $123,662,000. Capital World Investors owned about 0.08% of TJX Companies at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in TJX. Brighton Jones LLC grew its holdings in TJX Companies by 113.7% during the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after purchasing an additional 8,002 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of 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 buying an additional 235 shares during the period. Bison Wealth LLC lifted its position in shares of TJX Companies by 32.9% during the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after buying an additional 955 shares in the last quarter. United Bank lifted its position in shares of 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 in the last quarter. Finally, Schnieders Capital Management LLC. bought a new position in shares of TJX Companies during the 2nd quarter valued at approximately $244,000. 91.09% of the stock is currently owned by institutional investors.

Insider Buying and Selling at TJX Companies

In related news, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were 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 of the company’s stock, valued at approximately $77,145,910.20. This trade represents a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.13% of the company’s stock.

TJX Companies Price Performance

NYSE:TJX opened at $157.78 on Thursday. The business’s 50-day moving average is $155.50 and its 200 day moving average is $149.09. The TJX Companies, Inc. has a 12 month low of $112.10 and a 12 month high of $162.68. The company has a market capitalization of $175.21 billion, a P/E ratio of 32.33, a P/E/G ratio of 3.67 and a beta of 0.73. 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 released its quarterly earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.05. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The business had revenue of $17.74 billion during the quarter, compared to analysts’ expectations of $17.36 billion. During the same quarter last year, the business posted $1.23 EPS. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. 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. On average, equities research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on TJX shares. Barclays increased their target price on shares of TJX Companies from $172.00 to $183.00 and gave the stock an “overweight” rating in a report on Thursday, February 26th. Morgan Stanley reiterated an “overweight” rating and issued a $162.00 price target (up from $159.00) on shares of TJX Companies in a research report on Thursday, November 20th. Sanford C. Bernstein reissued an “outperform” rating and issued a $170.00 price objective on shares of TJX Companies in a research note on Tuesday, January 6th. TD Cowen restated a “buy” rating on shares of TJX Companies in a research report on Thursday, November 20th. Finally, Telsey Advisory Group lifted their target price on shares of TJX Companies from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, February 26th. Three analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $167.55.

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.