Rational Advisors Inc. Cuts Stock Position in The TJX Companies, Inc. $TJX

Rational Advisors Inc. lessened its holdings in The TJX Companies, Inc. (NYSE:TJX) by 29.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,950 shares of the apparel and home fashions retailer’s stock after selling 7,050 shares during the period. Rational Advisors Inc.’s holdings in TJX Companies were worth $2,604,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Dogwood Wealth Management LLC raised its stake in shares of 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 acquiring an additional 92 shares during the period. Entrust Financial LLC purchased a new position in shares of TJX Companies in the 4th quarter valued at $26,000. GGM Financials LLC purchased a new position in shares of TJX Companies in the 3rd quarter valued at $27,000. Joseph Group Capital Management purchased a new position in shares of TJX Companies in the 4th quarter valued at $27,000. Finally, IMG Wealth Management Inc. raised its stake in shares of TJX Companies by 65.7% in the 4th quarter. IMG Wealth Management Inc. now owns 174 shares of the apparel and home fashions retailer’s stock valued at $27,000 after acquiring an additional 69 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Telsey Advisory Group raised their target price on shares of TJX Companies from $175.00 to $185.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Citigroup reaffirmed a “buy” rating and set a $182.00 price target (up from $168.00) on shares of TJX Companies in a research note on Thursday, May 21st. Barclays reaffirmed an “overweight” rating and set a $190.00 price target (up from $183.00) on shares of TJX Companies in a research note on Thursday, May 21st. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, March 28th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of TJX Companies in a research note on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $174.58.

TJX Companies Stock Performance

TJX Companies stock opened at $153.53 on Wednesday. The TJX Companies, Inc. has a 12-month low of $119.84 and a 12-month high of $165.82. The company has a market capitalization of $169.77 billion, a price-to-earnings ratio of 29.81, a price-to-earnings-growth ratio of 3.32 and a beta of 0.62. 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 firm’s fifty day moving average price is $156.81 and its 200 day moving average price is $155.18.

TJX Companies (NYSE:TJX) last released its quarterly 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 firm had revenue of $14.32 billion for the quarter, compared to the consensus estimate of $14.02 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.92 EPS. 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. On average, research analysts forecast that The TJX Companies, Inc. will post 5.15 EPS for the current fiscal year.

TJX Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $1.92 annualized dividend and a yield of 1.3%. This is an increase from TJX Companies’s previous quarterly dividend of $0.43. TJX Companies’s dividend payout ratio (DPR) is 37.28%.

TJX Companies 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.