The TJX Companies, Inc. $TJX Stock Holdings Decreased by Stokes Capital Advisors LLC

Stokes Capital Advisors LLC reduced its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 5.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 101,831 shares of the apparel and home fashions retailer’s stock after selling 5,672 shares during the period. TJX Companies comprises 3.6% of Stokes Capital Advisors LLC’s portfolio, making the stock its 4th biggest position. Stokes Capital Advisors LLC’s holdings in TJX Companies were worth $15,642,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in TJX Companies by 0.8% in the third quarter. Vanguard Group Inc. now owns 101,961,786 shares of the apparel and home fashions retailer’s stock worth $14,737,557,000 after purchasing an additional 820,730 shares during the period. State Street Corp boosted its stake in shares of TJX Companies by 0.6% during the second quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock valued at $6,001,063,000 after purchasing an additional 285,737 shares during the period. Capital International Investors grew its holdings in shares of TJX Companies by 4.2% in the third quarter. Capital International Investors now owns 15,678,165 shares of the apparel and home fashions retailer’s stock worth $2,266,066,000 after purchasing an additional 630,574 shares during the last quarter. Norges Bank bought a new position in shares of TJX Companies in the second quarter worth about $1,808,774,000. Finally, Ameriprise Financial Inc. increased its stake in TJX Companies by 3.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 13,391,533 shares of the apparel and home fashions retailer’s stock worth $1,939,435,000 after buying an additional 392,097 shares during the period. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Up 0.8%

NYSE:TJX opened at $159.66 on Thursday. The TJX Companies, Inc. has a 1-year low of $116.37 and a 1-year high of $162.68. The company has a 50-day moving average of $155.58 and a 200 day moving average of $150.36. The firm has a market cap of $177.30 billion, a PE ratio of 32.72, a price-to-earnings-growth ratio of 3.64 and a beta of 0.73. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.59.

TJX Companies (NYSE:TJX) last posted its 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 net margin of 9.10% and a return on equity of 57.70%. The business had revenue of $17.74 billion for the quarter, compared to the consensus estimate of $17.36 billion. During the same quarter last year, the firm posted $1.23 EPS. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. 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. As a group, research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently weighed in on TJX. 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. Sanford C. Bernstein restated an “outperform” rating and issued a $170.00 target price on shares of TJX Companies in a research note on Tuesday, January 6th. Argus raised shares of TJX Companies to a “strong-buy” rating in a research report on Tuesday, March 3rd. UBS Group reaffirmed a “buy” rating on shares of TJX Companies in a research note on Wednesday, March 4th. Finally, Robert W. Baird set a $168.00 price target on TJX Companies in a report on Wednesday, December 17th. Three equities research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the stock. According to MarketBeat.com, TJX Companies has a consensus rating of “Buy” and a consensus price target of $167.55.

Insider Activity

In other news, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction that occurred 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. This trade represents a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.13% of the company’s stock.

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.