Ameritas Advisory Services LLC Increases Stock Holdings in The TJX Companies, Inc. $TJX

Ameritas Advisory Services LLC boosted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 584.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 14,673 shares of the apparel and home fashions retailer’s stock after purchasing an additional 12,530 shares during the period. Ameritas Advisory Services LLC’s holdings in TJX Companies were worth $2,254,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its position in shares of 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 buying an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC increased its position in TJX Companies by 12.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock valued at $262,000 after acquiring an additional 235 shares during the last quarter. Bison Wealth LLC lifted its holdings in TJX Companies by 32.9% in the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after acquiring an additional 955 shares during the period. United Bank boosted its position in TJX Companies by 7.6% in the second quarter. United Bank now owns 16,298 shares of the apparel and home fashions retailer’s stock worth $2,013,000 after purchasing an additional 1,155 shares during the last quarter. Finally, Schnieders Capital Management LLC. purchased a new position in TJX Companies in the second quarter worth about $244,000. 91.09% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

TJX has been the topic of several recent research reports. Barclays increased their price objective on shares of TJX Companies from $172.00 to $183.00 and gave the stock an “overweight” rating in a research note on Thursday, February 26th. Argus raised TJX Companies to a “strong-buy” rating in a report on Tuesday, March 3rd. Weiss Ratings downgraded TJX Companies from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Friday, May 8th. BTIG Research restated a “buy” rating and set a $185.00 target price (up from $165.00) on shares of TJX Companies in a research note on Thursday, February 26th. Finally, UBS Group reiterated a “buy” rating on shares of TJX Companies in a research report on Wednesday, March 4th. Three equities research analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $167.55.

Insider Buying and Selling at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of TJX Companies 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 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.13% of the stock is currently owned by insiders.

TJX Companies Stock Down 2.2%

Shares of TJX opened at $147.00 on Thursday. The business’s 50 day moving average is $157.60 and its 200 day moving average is $154.15. 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 12-month low of $119.84 and a 12-month high of $165.82. The company has a market capitalization of $162.55 billion, a PE ratio of 30.12, a price-to-earnings-growth ratio of 3.46 and a beta of 0.64.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share (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 during the quarter, compared to analyst estimates of $17.36 billion. During the same period last year, the firm posted $1.23 EPS. The company’s revenue 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. Research analysts expect that The TJX Companies, Inc. will post 5.06 earnings per share for the current fiscal year.

TJX Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be issued a dividend of $0.48 per share. This is a boost from TJX Companies’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $1.92 annualized dividend and a dividend yield of 1.3%. TJX Companies’s payout ratio is currently 34.84%.

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.