Westview Management dba Westview Investment Advisors Invests $3.96 Million in The TJX Companies, Inc. $TJX

Westview Management dba Westview Investment Advisors acquired a new stake in shares of The TJX Companies, Inc. (NYSE:TJX) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 25,792 shares of the apparel and home fashions retailer’s stock, valued at approximately $3,962,000. TJX Companies makes up 1.9% of Westview Management dba Westview Investment Advisors’ investment portfolio, making the stock its 20th largest position.

A number of other institutional investors and hedge funds have also recently made changes to their positions in TJX. Lavaca Capital LLC acquired a new stake in shares of TJX Companies during the 2nd quarter valued at $25,000. Dogwood Wealth Management LLC boosted its holdings in TJX Companies by 102.2% in the third quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock valued at $26,000 after acquiring an additional 92 shares during the last quarter. GGM Financials LLC bought a new stake in shares of TJX Companies in the 3rd quarter valued at $27,000. Imprint Wealth LLC acquired a new stake in TJX Companies during the 3rd quarter worth about $27,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of TJX Companies during the 3rd quarter worth approximately $28,000. Institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of TJX Companies stock opened at $154.99 on Monday. The business’s 50 day simple moving average is $155.49 and its two-hundred day simple moving average is $150.05. The TJX Companies, Inc. has a one year low of $113.98 and a one year high of $162.68. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.59. The stock has a market capitalization of $172.11 billion, a P/E ratio of 31.76, a price-to-earnings-growth ratio of 3.56 and a beta of 0.73.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 EPS for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $17.36 billion. During the same quarter in the prior year, the company posted $1.23 EPS. TJX Companies’s quarterly revenue 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. Analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

Insider Activity

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction on 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 sale, the chief executive officer directly owned 479,316 shares of the company’s stock, valued at approximately $77,145,910.20. The trade was a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

TJX has been the topic of a number of recent research reports. Robert W. Baird set a $168.00 price objective on shares of TJX Companies in a research note on Wednesday, December 17th. Sanford C. Bernstein reissued an “outperform” rating and issued a $170.00 price objective on shares of TJX Companies in a research report on Tuesday, January 6th. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, January 21st. Argus upgraded TJX Companies to a “strong-buy” rating in a research note on Tuesday, March 3rd. Finally, Telsey Advisory Group raised their price objective on shares of TJX Companies from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Thursday, February 26th. Three investment analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the stock. According to data from MarketBeat.com, TJX Companies currently has a consensus rating of “Buy” and an average 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.