U.S. Capital Wealth Advisors LLC Decreases Stock Position in The TJX Companies, Inc. $TJX
by Teresa Graham · The Cerbat GemU.S. Capital Wealth Advisors LLC trimmed its holdings in The TJX Companies, Inc. (NYSE:TJX – Free Report) by 9.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 69,929 shares of the apparel and home fashions retailer’s stock after selling 7,236 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in TJX Companies were worth $10,742,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also recently added to or reduced their stakes in the company. Lavaca Capital LLC purchased a new position in shares of TJX Companies during the 2nd quarter worth approximately $25,000. Dogwood Wealth Management LLC lifted its stake 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 in the last quarter. GGM Financials LLC purchased a new stake in TJX Companies in the 3rd quarter valued at approximately $27,000. Imprint Wealth LLC acquired a new stake in TJX Companies during the 3rd quarter valued at $27,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in TJX Companies during the third quarter worth $28,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
TJX has been the subject of a number of analyst reports. JPMorgan Chase & Co. boosted their price target on TJX Companies from $154.00 to $173.00 and gave the stock an “overweight” rating in a report on Monday, February 23rd. Telsey Advisory Group lifted their price objective on TJX Companies from $170.00 to $175.00 and gave the stock an “outperform” rating in a research report on Thursday, February 26th. Barclays boosted their target price on shares of TJX Companies from $172.00 to $183.00 and gave the company an “overweight” rating in a research note on Thursday, February 26th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $170.00 price target on shares of TJX Companies in a research note on Tuesday, January 6th. Finally, Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, March 28th. Four investment analysts have rated the stock with a Strong Buy rating and twenty-one have issued a Buy rating to the company’s stock. According to MarketBeat, TJX Companies presently has an average rating of “Buy” and a consensus target price of $167.55.
View Our Latest Research Report on TJX
TJX Companies Price Performance
Shares of NYSE:TJX opened at $161.63 on Friday. The company has a market cap of $178.89 billion, a P/E ratio of 33.12, a P/E/G ratio of 3.72 and a beta of 0.73. The business has a fifty day simple moving average of $157.35 and a 200-day simple moving average of $152.04. The TJX Companies, Inc. has a 52 week low of $119.84 and a 52 week high of $165.82. 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 – Get Free Report) last released its earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate 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 period last year, the company earned $1.23 earnings per share. The company’s quarterly 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. Equities research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.
TJX Companies Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, May 14th. This is a positive change from TJX Companies’s previous quarterly dividend of $0.43. TJX Companies’s payout ratio is currently 34.84%.
Insider Activity at TJX Companies
In related news, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction 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 transaction, the chief executive officer directly 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 filing with the SEC, which can be accessed through the SEC website. 0.13% of the stock is currently owned by insiders.
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.
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