The TJX Companies, Inc. $TJX Shares Purchased by Certuity LLC

Certuity LLC lifted its position in The TJX Companies, Inc. (NYSE:TJX) by 95.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,270 shares of the apparel and home fashions retailer’s stock after purchasing an additional 7,466 shares during the quarter. Certuity LLC’s holdings in TJX Companies were worth $2,207,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of TJX. Lavaca Capital LLC purchased a new stake in shares of TJX Companies in the 2nd quarter valued at approximately $25,000. Dogwood Wealth Management LLC raised its position in shares of TJX Companies by 102.2% during the 3rd quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock valued at $26,000 after buying an additional 92 shares during the period. GGM Financials LLC purchased a new stake in shares of TJX Companies during the 3rd quarter valued at approximately $27,000. Howard Hughes Medical Institute acquired a new position in TJX Companies in the second quarter valued at approximately $30,000. Finally, Capital A Wealth Management LLC lifted its holdings in TJX Companies by 776.7% in the second quarter. Capital A Wealth Management LLC now owns 263 shares of the apparel and home fashions retailer’s stock valued at $32,000 after acquiring an additional 233 shares during the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Stock Down 1.4%

Shares of TJX opened at $155.74 on Friday. The company’s 50-day simple moving average is $155.54 and its 200-day simple moving average is $149.14. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.14. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $162.68. The stock has a market capitalization of $172.95 billion, a PE ratio of 31.91, a P/E/G ratio of 3.63 and a beta of 0.73.

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 for the quarter, beating 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%. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

Analyst Ratings Changes

TJX has been the topic of a number of research analyst reports. Evercore lifted their target price on TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. Telsey Advisory Group raised their price objective on TJX Companies from $170.00 to $175.00 and gave the stock an “outperform” rating in a research report on Thursday, February 26th. Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a report on Wednesday, December 10th. The Goldman Sachs Group upped their target price on shares of TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Finally, Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, January 21st. Three research analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company. Based on data from MarketBeat, TJX Companies presently has a consensus rating of “Buy” and an average target price of $167.55.

Insider Activity

In related 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 completion of 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 SEC, which is accessible through this hyperlink. 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.