Stillwater Wealth Management Group Takes Position in The TJX Companies, Inc. $TJX

Stillwater Wealth Management Group acquired a new position in The TJX Companies, Inc. (NYSE:TJX) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 22,385 shares of the apparel and home fashions retailer’s stock, valued at approximately $3,236,000. TJX Companies comprises approximately 2.3% of Stillwater Wealth Management Group’s holdings, making the stock its 22nd biggest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Lavaca Capital LLC acquired a new stake in shares of TJX Companies in the second quarter valued at about $25,000. Dogwood Wealth Management LLC grew 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 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 approximately $27,000. Imprint Wealth LLC bought a new position in TJX Companies in the 3rd quarter worth approximately $27,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in TJX Companies during the third quarter worth $28,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of the 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 completion of the transaction, the chief executive officer directly owned 479,316 shares of the company’s stock, valued at approximately $77,145,910.20. This represents a 5.89% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Argus upgraded shares of TJX Companies to a “strong-buy” rating in a research report on Tuesday, March 3rd. Telsey Advisory Group increased their target price on shares of TJX Companies from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, February 26th. Citigroup reissued a “buy” rating and set a $168.00 target price (up from $160.00) on shares of TJX Companies in a research report on Thursday, November 20th. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, January 21st. Finally, UBS Group reiterated a “buy” rating on shares of TJX Companies in a research report on Wednesday, March 4th. Three research analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $167.55.

TJX Companies Price Performance

NYSE:TJX opened at $152.83 on Thursday. 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 company has a 50-day moving average of $155.61 and a 200-day moving average of $149.74. The TJX Companies, Inc. has a 52 week low of $113.98 and a 52 week high of $162.68. The company has a market capitalization of $169.71 billion, a price-to-earnings ratio of 31.32, a PEG ratio of 3.57 and a beta of 0.73.

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.

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.