Moody National Bank Trust Division Sells 5,619 Shares of The TJX Companies, Inc. $TJX

Moody National Bank Trust Division cut its position in The TJX Companies, Inc. (NYSE:TJX) by 32.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,939 shares of the apparel and home fashions retailer’s stock after selling 5,619 shares during the quarter. Moody National Bank Trust Division’s holdings in TJX Companies were worth $1,834,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in TJX Companies by 113.7% during the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after acquiring an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of 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 worth $262,000 after purchasing an additional 235 shares during the period. Bison Wealth LLC lifted its holdings in shares of TJX Companies by 32.9% during the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after purchasing an additional 955 shares during the period. United Bank grew its stake in shares of 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. acquired a new stake in TJX Companies in the second quarter valued at $244,000. 91.09% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on TJX. Wall Street Zen downgraded TJX Companies from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. UBS Group restated a “buy” rating on shares of TJX Companies in a research report on Wednesday, March 4th. BTIG Research reiterated a “buy” rating and issued a $185.00 target price (up from $165.00) on shares of TJX Companies in a report on Thursday, February 26th. Sanford C. Bernstein reissued an “outperform” rating and set a $170.00 target price on shares of TJX Companies in a research report on Tuesday, January 6th. Finally, Wells Fargo & Company restated a “positive” rating and set a $150.00 price target (up from $145.00) on shares of TJX Companies in a report on Tuesday, December 16th. Three research analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $167.55.

TJX Companies Price Performance

TJX Companies stock opened at $158.39 on Wednesday. The stock’s 50 day moving average price is $155.49 and its two-hundred day moving average price is $150.30. The stock has a market capitalization of $175.89 billion, a price-to-earnings ratio of 32.46, a PEG ratio of 3.60 and a beta of 0.73. 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 52-week low of $116.37 and a 52-week high of $162.68.

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 the consensus estimate of $1.38 by $0.05. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. The firm had revenue of $17.74 billion for the quarter, compared to analyst estimates of $17.36 billion. During the same quarter in the prior year, the business earned $1.23 earnings per share. The business’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. On average, equities analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the completion of 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 legal filing with the SEC, which is available through this hyperlink. Company 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.