The TJX Companies, Inc. $TJX Shares Bought by Mirabella Financial Services LLP

Mirabella Financial Services LLP lifted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 161.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,457 shares of the apparel and home fashions retailer’s stock after buying an additional 16,334 shares during the quarter. Mirabella Financial Services LLP’s holdings in TJX Companies were worth $3,817,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Banco Santander S.A. increased its position in shares of TJX Companies by 24.6% in the 3rd quarter. Banco Santander S.A. now owns 160,368 shares of the apparel and home fashions retailer’s stock worth $23,180,000 after purchasing an additional 31,631 shares during the last quarter. Bank of Nova Scotia raised its stake in shares of TJX Companies by 129.9% in the 2nd quarter. Bank of Nova Scotia now owns 269,813 shares of the apparel and home fashions retailer’s stock valued at $33,319,000 after purchasing an additional 152,453 shares in the last quarter. Empowered Funds LLC lifted its position in shares of TJX Companies by 66.6% during the second quarter. Empowered Funds LLC now owns 76,998 shares of the apparel and home fashions retailer’s stock worth $9,508,000 after purchasing an additional 30,779 shares during the last quarter. Rheos Capital Works Inc. grew its stake in TJX Companies by 26.0% in the third quarter. Rheos Capital Works Inc. now owns 370,000 shares of the apparel and home fashions retailer’s stock worth $53,480,000 after purchasing an additional 76,400 shares in the last quarter. Finally, Wealthfront Advisers LLC grew its stake in TJX Companies by 4.9% in the third quarter. Wealthfront Advisers LLC now owns 171,820 shares of the apparel and home fashions retailer’s stock worth $24,835,000 after purchasing an additional 8,006 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

Insider Activity

In related 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 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.13% of the company’s stock.

TJX Companies Price Performance

TJX opened at $152.83 on Thursday. The firm has a market cap of $169.71 billion, a price-to-earnings ratio of 31.32, a price-to-earnings-growth ratio of 3.57 and a beta of 0.73. The TJX Companies, Inc. has a fifty-two week low of $113.98 and a fifty-two week high of $162.68. The company’s 50-day moving average price is $155.61 and its 200 day moving average price is $149.74. The company has a quick ratio of 0.59, a current ratio of 1.14 and a debt-to-equity ratio of 0.18.

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 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 firm 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. TJX Companies’s 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, sell-side analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on TJX shares. Argus raised TJX Companies to a “strong-buy” rating in a report on Tuesday, March 3rd. Wells Fargo & Company reaffirmed a “positive” rating and set a $150.00 target price (up from $145.00) on shares of TJX Companies in a report on Tuesday, December 16th. Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, January 21st. Barclays boosted their price target on TJX Companies from $172.00 to $183.00 and gave the company an “overweight” rating in a report on Thursday, February 26th. Finally, Guggenheim upgraded TJX Companies to a “strong-buy” rating in a research note on Wednesday, December 10th. Three equities research analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $167.55.

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.