Windward Capital Management Co. CA Sells 6,093 Shares of The TJX Companies, Inc. $TJX

Windward Capital Management Co. CA lowered its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 189,447 shares of the apparel and home fashions retailer’s stock after selling 6,093 shares during the period. TJX Companies makes up approximately 2.3% of Windward Capital Management Co. CA’s holdings, making the stock its 12th biggest position. Windward Capital Management Co. CA’s holdings in TJX Companies were worth $29,101,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Miller Global Investments LLC bought a new stake in shares of TJX Companies during the 4th quarter valued at $28,000. Dogwood Wealth Management LLC boosted its holdings in 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 buying an additional 92 shares during the period. Imprint Wealth LLC bought a new stake in TJX Companies during the third quarter valued at about $27,000. GGM Financials LLC bought a new position in shares of TJX Companies in the third quarter worth about $27,000. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in TJX Companies during the 3rd quarter valued at approximately $28,000. 91.09% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on TJX shares. UBS Group reiterated a “buy” rating on shares of TJX Companies in a report on Wednesday, March 4th. JPMorgan Chase & Co. lifted their target price on TJX Companies from $154.00 to $173.00 and gave the company an “overweight” rating in a research report on Monday, February 23rd. Deutsche Bank Aktiengesellschaft set a $184.00 price objective on TJX Companies in a report on Thursday, January 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 report on Thursday, February 26th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $170.00 price target on shares of TJX Companies in a report on Tuesday, January 6th. Four research analysts have rated the stock with a Strong Buy rating and twenty-one have issued a Buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $167.55.

TJX Companies Trading Down 0.0%

NYSE TJX opened at $158.42 on Friday. The TJX Companies, Inc. has a 12-month low of $119.84 and a 12-month high of $165.82. The company has a fifty day simple moving average of $158.40 and a two-hundred day simple moving average of $153.02. 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 stock has a market cap of $175.34 billion, a P/E ratio of 32.46, 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. 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 firm’s revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the company 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. On average, analysts forecast that The TJX Companies, Inc. will post 5.06 earnings per share for the current year.

TJX Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 14th will be paid a $0.48 dividend. The ex-dividend date is Thursday, May 14th. This represents a $1.92 annualized dividend and a dividend yield of 1.2%. This is a boost from TJX Companies’s previous quarterly dividend of $0.43. TJX Companies’s dividend payout ratio (DPR) is presently 34.84%.

Insider Transactions at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the firm’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 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. This trade represents a 5.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.13% of the company’s stock.

About TJX Companies

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.