Aquatic Capital Management LLC Has $19.72 Million Position in The TJX Companies, Inc. $TJX

Aquatic Capital Management LLC lowered its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 52.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 136,433 shares of the apparel and home fashions retailer’s stock after selling 150,596 shares during the quarter. Aquatic Capital Management LLC’s holdings in TJX Companies were worth $19,720,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Lavaca Capital LLC acquired a new stake in shares of TJX Companies in the second quarter worth $25,000. Dogwood Wealth Management LLC grew its stake 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 valued at $26,000 after buying an additional 92 shares during the last quarter. GGM Financials LLC bought a new position in TJX Companies in the 3rd quarter worth $27,000. Imprint Wealth LLC bought a new position in TJX Companies in the 3rd quarter worth $27,000. Finally, Howard Hughes Medical Institute acquired a new position in TJX Companies during the 2nd quarter worth $30,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Price Performance

NYSE:TJX opened at $155.40 on Friday. The company has a 50-day moving average of $155.56 and a 200-day moving average of $149.36. The company has a market capitalization of $172.56 billion, a price-to-earnings ratio of 31.84, a PEG ratio of 3.57 and a beta of 0.73. The TJX Companies, Inc. has a 52 week low of $112.30 and a 52 week high of $162.68. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.14.

TJX Companies (NYSE:TJX) last posted its earnings results 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. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. The business had revenue of $17.74 billion for the quarter, compared to analysts’ expectations of $17.36 billion. During the same quarter in the previous year, the firm posted $1.23 earnings per share. The firm’s revenue for the quarter 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 anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a report on Wednesday, December 10th. Bank of America boosted their price objective on TJX Companies from $150.00 to $168.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. UBS Group restated a “buy” rating on shares of TJX Companies in a research note on Wednesday, March 4th. JPMorgan Chase & Co. raised their target price on TJX Companies from $154.00 to $173.00 and gave the company an “overweight” rating in a report on Monday, February 23rd. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $170.00 price target on shares of TJX Companies in a research report on Tuesday, January 6th. Three investment analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company’s stock. According to data from MarketBeat, TJX Companies presently has a consensus rating of “Buy” and an average target price of $167.55.

Insiders Place Their Bets

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of TJX Companies 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 sale, the chief executive officer directly owned 479,316 shares of the company’s stock, valued at approximately $77,145,910.20. The trade was a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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.