Savant Capital LLC Has $4.03 Million Stake in The TJX Companies, Inc. $TJX

Savant Capital LLC trimmed its holdings in The TJX Companies, Inc. (NYSE:TJX) by 50.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,253 shares of the apparel and home fashions retailer’s stock after selling 26,693 shares during the period. Savant Capital LLC’s holdings in TJX Companies were worth $4,033,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Trust Point Inc. grew its stake in TJX Companies by 1.3% in the fourth quarter. Trust Point Inc. now owns 5,227 shares of the apparel and home fashions retailer’s stock valued at $803,000 after acquiring an additional 66 shares during the period. Jaffetilchin Investment Partners LLC grew its stake in TJX Companies by 1.6% in the fourth quarter. Jaffetilchin Investment Partners LLC now owns 4,236 shares of the apparel and home fashions retailer’s stock valued at $651,000 after acquiring an additional 66 shares during the period. Tempus Wealth Planning LLC grew its stake in TJX Companies by 0.5% in the fourth quarter. Tempus Wealth Planning LLC now owns 12,277 shares of the apparel and home fashions retailer’s stock valued at $1,886,000 after acquiring an additional 67 shares during the period. Verde Capital Management boosted its position in shares of TJX Companies by 0.7% during the fourth quarter. Verde Capital Management now owns 10,022 shares of the apparel and home fashions retailer’s stock worth $1,539,000 after buying an additional 67 shares during the period. Finally, Sound Income Strategies LLC boosted its position in shares of TJX Companies by 3.0% during the fourth quarter. Sound Income Strategies LLC now owns 2,355 shares of the apparel and home fashions retailer’s stock worth $371,000 after buying an additional 69 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Stock Performance

TJX opened at $155.03 on Friday. The TJX Companies, Inc. has a 52-week low of $119.84 and a 52-week high of $165.82. The firm has a market capitalization of $171.44 billion, a PE ratio of 30.10, a PEG ratio of 3.36 and a beta of 0.64. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.54 and a current ratio of 1.14. The business’s 50-day simple moving average is $156.85 and its 200 day simple moving average is $155.08.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.17. The business had revenue of $14.32 billion for the quarter, compared to analyst estimates of $14.02 billion. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.TJX Companies’s revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $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, sell-side analysts expect that The TJX Companies, Inc. will post 5.15 earnings per share for the current fiscal year.

TJX Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be paid a $0.48 dividend. This is a positive change from TJX Companies’s previous quarterly dividend of $0.43. This represents a $1.92 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, May 14th. TJX Companies’s dividend payout ratio is currently 37.28%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Barclays reaffirmed an “overweight” rating and set a $190.00 price objective (up from $183.00) on shares of TJX Companies in a research report on Thursday, May 21st. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. JPMorgan Chase & Co. upped their price objective on TJX Companies from $173.00 to $174.00 and gave the stock an “overweight” rating in a research report on Monday, May 18th. Truist Financial set a $190.00 price objective on TJX Companies and gave the stock a “buy” rating in a research report on Thursday, May 21st. Finally, Argus raised TJX Companies to a “strong-buy” rating in a research report on Tuesday, March 3rd. Three research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $174.58.

Insider Transactions at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the company’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 in the company, valued at $77,145,910.20. This represents a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.13% of the stock is owned by corporate insiders.

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.