The TJX Companies, Inc. $TJX Shares Acquired by Saranac Partners Ltd

Saranac Partners Ltd lifted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 18.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,435 shares of the apparel and home fashions retailer’s stock after buying an additional 9,470 shares during the quarter. TJX Companies makes up approximately 3.7% of Saranac Partners Ltd’s investment portfolio, making the stock its 4th largest position. Saranac Partners Ltd’s holdings in TJX Companies were worth $9,462,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in TJX. Tredje AP fonden boosted its stake in shares of TJX Companies by 15.0% in the fourth quarter. Tredje AP fonden now owns 842,983 shares of the apparel and home fashions retailer’s stock worth $129,491,000 after acquiring an additional 110,075 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of TJX Companies by 2.2% in the fourth quarter. Larson Financial Group LLC now owns 27,415 shares of the apparel and home fashions retailer’s stock worth $4,211,000 after acquiring an additional 587 shares during the last quarter. AAF Wealth Management LLC acquired a new stake in shares of TJX Companies in the fourth quarter worth approximately $285,000. ProShare Advisors LLC boosted its stake in shares of TJX Companies by 8.5% in the fourth quarter. ProShare Advisors LLC now owns 202,088 shares of the apparel and home fashions retailer’s stock worth $31,043,000 after acquiring an additional 15,819 shares during the last quarter. Finally, HighTower Advisors LLC boosted its stake in shares of TJX Companies by 1.7% in the fourth quarter. HighTower Advisors LLC now owns 1,433,051 shares of the apparel and home fashions retailer’s stock worth $220,131,000 after acquiring an additional 23,488 shares during the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Price Performance

NYSE:TJX opened at $150.87 on Wednesday. The TJX Companies, Inc. has a 52 week low of $119.84 and a 52 week high of $165.82. The company has a quick ratio of 0.59, a current ratio of 1.14 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $166.84 billion, a P/E ratio of 30.92, a P/E/G ratio of 3.45 and a beta of 0.64. The stock’s fifty day moving average is $156.69 and its two-hundred day moving average is $154.32.

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 return on equity of 57.70% and a net margin of 9.10%.The company had revenue of $17.74 billion for the quarter, compared to the consensus estimate of $17.36 billion. During the same quarter in the previous year, the business earned $1.23 earnings per share. 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. Equities analysts expect that The TJX Companies, Inc. will post 5.07 EPS for the current year.

TJX Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be given a $0.48 dividend. This is an increase from TJX Companies’s previous quarterly dividend of $0.43. This represents a $1.92 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Thursday, May 14th. TJX Companies’s dividend payout ratio (DPR) is presently 39.34%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Argus raised TJX Companies to a “strong-buy” rating in a research note on Tuesday, March 3rd. Telsey Advisory Group lifted their price target on TJX Companies from $170.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, February 26th. UBS Group reaffirmed a “buy” rating on shares of TJX Companies in a research note on Wednesday, March 4th. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, March 28th. Finally, Truist Financial assumed coverage on TJX Companies in a research note on Monday. They issued a “buy” rating and a $175.00 price target on the stock. Three research analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $169.25.

Insider Buying and Selling

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of TJX Companies 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 owned 479,316 shares in the company, valued at $77,145,910.20. The trade was 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 available through the SEC website. 0.13% of the stock is owned by corporate insiders.

Trending Headlines about TJX Companies

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: JPMorgan raised its price target on TJX to $174 and kept an overweight rating, signaling confidence in more upside for the off-price retailer. TJX Companies price target raised by JPMorgan Chase & Co.
• Positive Sentiment: Truist initiated coverage with a buy rating and a $175 price target, reflecting a constructive view on TJX’s execution and competitive position. TJX Companies now covered by Truist Financial Corporation
• Positive Sentiment: Analysts remain optimistic that TJX can beat estimates again, citing its strong earnings surprise history and favorable setup heading into results. Will TJX (TJX) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Options activity surged, with traders buying far more call options than usual, suggesting some investors are positioning for a bullish move around earnings.
• Neutral Sentiment: Coverage notes and broader retail-watchlist articles underscore that TJX remains in focus among off-price retailers, but do not add a new fundamental catalyst.
• Neutral Sentiment: Upcoming earnings are the key near-term event, with investors watching whether bargain-hunting shoppers are still supporting sales and margins. TJX Results Will Show if Shoppers Are Still Bargain Hunting

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.