HWG Holdings LP Takes Position in The TJX Companies, Inc. $TJX

HWG Holdings LP purchased a new position in The TJX Companies, Inc. (NYSE:TJX) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 28,746 shares of the apparel and home fashions retailer’s stock, valued at approximately $4,416,000. TJX Companies makes up about 1.1% of HWG Holdings LP’s investment portfolio, making the stock its 17th biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TJX. Lavaca Capital LLC bought a new stake in TJX Companies in the second quarter worth $25,000. Dogwood Wealth Management LLC raised its position in shares of TJX Companies by 102.2% in the 3rd quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock worth $26,000 after purchasing an additional 92 shares during the last quarter. GGM Financials LLC bought a new position in TJX Companies in the 3rd quarter worth about $27,000. Imprint Wealth LLC purchased a new stake in TJX Companies during the 3rd quarter valued at about $27,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in TJX Companies during the 3rd quarter valued at about $28,000. Institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft set a $184.00 target price on shares of TJX Companies in a report on Thursday, January 8th. Telsey Advisory Group raised their price target on shares of TJX Companies from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Thursday, February 26th. UBS Group restated a “buy” rating on shares of TJX Companies in a report on Wednesday, March 4th. BTIG Research reiterated 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, Sanford C. Bernstein reissued an “outperform” rating and issued a $170.00 target price on shares of TJX Companies in a report on Tuesday, January 6th. Three research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $167.55.

TJX Companies Stock Performance

Shares of TJX stock opened at $159.66 on Thursday. 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 50 day moving average price of $155.58 and a 200-day moving average price of $150.36. The TJX Companies, Inc. has a 52 week low of $116.37 and a 52 week high of $162.68. The firm has a market capitalization of $177.30 billion, a PE ratio of 32.72, a P/E/G ratio of 3.64 and a beta of 0.73.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share (EPS) for the quarter, topping 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 company had revenue of $17.74 billion for the quarter, compared to analysts’ expectations of $17.36 billion. During the same quarter last year, the company posted $1.23 earnings per share. The firm’s quarterly 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. As a group, equities research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

Insider Buying and Selling at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of the firm’s 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 transaction, the chief executive officer directly owned 479,316 shares in the company, valued at $77,145,910.20. This trade represents a 5.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.13% of the stock is owned by insiders.

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.