The TJX Companies, Inc. $TJX Shares Sold by Sapient Capital LLC

Sapient Capital LLC cut its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 43.2% during the first quarter, HoldingsChannel.com reports. The firm owned 75,882 shares of the apparel and home fashions retailer’s stock after selling 57,623 shares during the period. Sapient Capital LLC’s holdings in TJX Companies were worth $12,118,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Lombard Odier Asset Management Europe Ltd raised its stake in TJX Companies by 1.7% in the first quarter. Lombard Odier Asset Management Europe Ltd now owns 74,959 shares of the apparel and home fashions retailer’s stock valued at $11,971,000 after buying an additional 1,239 shares during the last quarter. FAS Wealth Partners Inc. raised its position in shares of TJX Companies by 3.2% in the 1st quarter. FAS Wealth Partners Inc. now owns 3,823 shares of the apparel and home fashions retailer’s stock valued at $611,000 after purchasing an additional 119 shares during the last quarter. Pine Valley Investments Ltd Liability Co boosted its stake in TJX Companies by 20.2% in the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 18,060 shares of the apparel and home fashions retailer’s stock worth $2,884,000 after purchasing an additional 3,032 shares in the last quarter. Farmers National Bank boosted its stake in TJX Companies by 4.4% in the 1st quarter. Farmers National Bank now owns 6,008 shares of the apparel and home fashions retailer’s stock worth $959,000 after purchasing an additional 252 shares in the last quarter. Finally, Stillwater Private Wealth LLC purchased a new stake in TJX Companies during the 1st quarter worth approximately $313,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TJX. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $160.00 price target (up from $155.00) on shares of TJX Companies in a report on Thursday, May 21st. UBS Group reissued a “buy” rating on shares of TJX Companies in a research report on Tuesday, June 9th. Evercore reaffirmed an “outperform” rating and set a $175.00 price target on shares of TJX Companies in a research report on Thursday, May 21st. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Finally, JPMorgan Chase & Co. increased their price objective on TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $176.89.

Insider Buying and Selling

In other TJX Companies news, CFO John Klinger sold 6,235 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $160.77, for a total value of $1,002,400.95. Following the completion of the transaction, the chief financial officer directly owned 64,257 shares of the company’s stock, valued at approximately $10,330,597.89. The trade was a 8.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Ernie Herrman sold 29,549 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $157.46, for a total value of $4,652,785.54. Following the completion of the sale, the chief executive officer owned 552,850 shares in the company, valued at approximately $87,051,761. This represents a 5.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 130,367 shares of company stock valued at $20,959,476 in the last ninety days. Insiders own 0.15% of the company’s stock.

TJX Companies Stock Up 0.1%

NYSE:TJX opened at $157.50 on Monday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.54. The company’s fifty day moving average price is $157.57 and its 200-day moving average price is $156.66. The TJX Companies, Inc. has a 1-year low of $123.78 and a 1-year high of $170.00. The firm has a market capitalization of $173.99 billion, a P/E ratio of 30.58, a PEG ratio of 3.41 and a beta of 0.62.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 EPS for the quarter, beating the consensus estimate of $1.02 by $0.17. The company had revenue of $14.32 billion for the quarter, compared to analyst estimates of $14.02 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The firm’s revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.92 earnings per share. TJX Companies has set its FY 2027 guidance at 5.080-5.150 EPS and its Q2 2027 guidance at 1.150-1.170 EPS. As a group, equities research analysts anticipate that The TJX Companies, Inc. will post 5.17 EPS for the current year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 13th. TJX Companies’s dividend payout ratio (DPR) is 37.28%.

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.