The TJX Companies, Inc. $TJX Shares Acquired by Cardano Risk Management B.V.

Cardano Risk Management B.V. lifted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 676,762 shares of the apparel and home fashions retailer’s stock after acquiring an additional 5,124 shares during the quarter. Cardano Risk Management B.V.’s holdings in TJX Companies were worth $102,529,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of TJX. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna raised its holdings in TJX Companies by 120.3% in the 4th quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer’s stock worth $25,000 after purchasing an additional 89 shares during the period. Entrust Financial LLC purchased a new stake in shares of TJX Companies in the fourth quarter valued at approximately $26,000. Wilkerson Advisory Group LLC purchased a new stake in shares of TJX Companies in the fourth quarter valued at approximately $26,000. Joseph Group Capital Management acquired a new position in shares of TJX Companies during the 4th quarter worth approximately $27,000. Finally, IMG Wealth Management Inc. raised its stake in shares of TJX Companies by 65.7% during the 4th quarter. IMG Wealth Management Inc. now owns 174 shares of the apparel and home fashions retailer’s stock worth $27,000 after buying an additional 69 shares during the period. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Wells Fargo & Company reissued an “outperform” rating and issued a $160.00 price target (up from $155.00) on shares of TJX Companies in a research note on Thursday, May 21st. Weiss Ratings cut shares of TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, July 21st. Barclays reaffirmed an “overweight” rating and set a $190.00 price objective (up from $183.00) on shares of TJX Companies in a report on Thursday, May 21st. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of TJX Companies in a research note on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $177.94.

Insider Buying and Selling at TJX Companies

In other news, CFO John Klinger sold 6,235 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $160.77, for a total value of $1,002,400.95. Following the transaction, the chief financial officer directly owned 64,257 shares of the company’s stock, valued at approximately $10,330,597.89. This trade represents a 8.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Ernie Herrman sold 10,002 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $160.68, for a total transaction of $1,607,121.36. Following the transaction, the chief executive officer owned 514,848 shares in the company, valued at $82,725,776.64. The trade was a 1.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 130,367 shares of company stock valued at $20,959,476 over the last ninety days. 0.15% of the stock is currently owned by corporate insiders.

TJX Companies Stock Down 0.5%

Shares of TJX opened at $161.21 on Friday. 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 TJX Companies, Inc. has a one year low of $130.88 and a one year high of $170.00. The stock has a market capitalization of $178.09 billion, a price-to-earnings ratio of 31.30, a PEG ratio of 3.48 and a beta of 0.62. The stock has a 50 day moving average price of $157.85 and a 200 day moving average price of $156.76.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 EPS for the quarter, beating the consensus estimate of $1.02 by $0.17. The firm had revenue of $14.32 billion during the quarter, compared to the consensus estimate of $14.02 billion. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.The firm’s revenue was up 9.2% compared to the same quarter last year. During the same period in the prior year, the company earned $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. Equities research analysts forecast that The TJX Companies, Inc. will post 5.19 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, August 13th. TJX Companies’s dividend payout ratio is 37.28%.

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.