Park National Corp OH Has $40.11 Million Stake in The TJX Companies, Inc. $TJX

Park National Corp OH trimmed its stake in The TJX Companies, Inc. (NYSE:TJX) by 5.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 261,136 shares of the apparel and home fashions retailer’s stock after selling 14,223 shares during the quarter. TJX Companies accounts for 1.3% of Park National Corp OH’s portfolio, making the stock its 16th largest position. Park National Corp OH’s holdings in TJX Companies were worth $40,113,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Lavaca Capital LLC acquired a new position in TJX Companies in the 2nd quarter valued at approximately $25,000. Dogwood Wealth Management LLC lifted its position in TJX Companies by 102.2% in the 3rd quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock worth $26,000 after buying an additional 92 shares in the last quarter. GGM Financials LLC acquired a new stake in shares of TJX Companies during the 3rd quarter valued at $27,000. Imprint Wealth LLC purchased a new position in shares of TJX Companies during the 3rd quarter valued at $27,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in shares of TJX Companies during the 3rd quarter valued at $28,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Stock Up 1.2%

TJX Companies stock opened at $154.70 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. The TJX Companies, Inc. has a 1-year low of $113.98 and a 1-year high of $162.68. The firm’s fifty day simple moving average is $155.55 and its 200-day simple moving average is $149.77. The company has a market capitalization of $171.78 billion, a P/E ratio of 31.70, a P/E/G ratio of 3.52 and a beta of 0.73.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.05. The firm had revenue of $17.74 billion during the quarter, compared to analysts’ expectations of $17.36 billion. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. TJX Companies’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.23 earnings per share. 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. Sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $160.95, for a total value of $4,828,500.00. Following the completion of the sale, the chief executive officer owned 479,316 shares of the company’s stock, valued at $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 available at this hyperlink. 0.13% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently issued reports on TJX shares. BTIG Research reiterated a “buy” rating and set a $185.00 price objective (up from $165.00) on shares of TJX Companies in a report on Thursday, February 26th. Telsey Advisory Group boosted their target price on TJX Companies from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, February 26th. Wall Street Zen lowered TJX Companies from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. JPMorgan Chase & Co. raised their price target on TJX Companies from $154.00 to $173.00 and gave the stock an “overweight” rating in a research note on Monday, February 23rd. Finally, Argus upgraded TJX Companies to a “strong-buy” rating in a report on Tuesday, March 3rd. Three investment analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $167.55.

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.