Clear Trail Advisors LLC Invests $4.33 Million in The TJX Companies, Inc. $TJX

Clear Trail Advisors LLC acquired a new position in shares of The TJX Companies, Inc. (NYSE:TJX) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 28,155 shares of the apparel and home fashions retailer’s stock, valued at approximately $4,325,000. TJX Companies accounts for 1.0% of Clear Trail Advisors LLC’s investment portfolio, making the stock its 28th biggest holding.

A number of other large investors have also recently bought and sold shares of TJX. Carderock Capital Management Inc. bought a new stake in shares of TJX Companies during the 4th quarter worth approximately $1,821,000. Assenagon Asset Management S.A. boosted its position in shares of TJX Companies by 99.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 2,218,318 shares of the apparel and home fashions retailer’s stock worth $340,756,000 after acquiring an additional 1,103,340 shares in the last quarter. Diversified Trust Co. increased its stake in TJX Companies by 114.6% in the fourth quarter. Diversified Trust Co. now owns 54,594 shares of the apparel and home fashions retailer’s stock valued at $8,386,000 after acquiring an additional 29,152 shares during the last quarter. Westview Management dba Westview Investment Advisors bought a new position in TJX Companies in the fourth quarter valued at approximately $3,962,000. Finally, Teamwork Financial Advisors LLC raised its position in TJX Companies by 4,607.6% during the fourth quarter. Teamwork Financial Advisors LLC now owns 84,548 shares of the apparel and home fashions retailer’s stock valued at $12,987,000 after purchasing an additional 82,752 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $160.95, for a total transaction 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 represents a 5.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

TJX has been the subject of several recent analyst reports. Barclays upped their price objective on TJX Companies from $172.00 to $183.00 and gave the stock an “overweight” rating in a research report on Thursday, February 26th. Sanford C. Bernstein reissued an “outperform” rating and set a $170.00 target price on shares of TJX Companies in a research note on Tuesday, January 6th. Robert W. Baird set a $168.00 target price on shares of TJX Companies in a report on Wednesday, December 17th. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, January 21st. Finally, JPMorgan Chase & Co. lifted their price target on shares of TJX Companies from $154.00 to $173.00 and gave the company an “overweight” rating in a report on Monday, February 23rd. Three equities research analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $167.55.

TJX Companies Trading Up 1.0%

Shares of NYSE TJX opened at $156.47 on Tuesday. The firm has a 50 day moving average price of $155.48 and a two-hundred day moving average price of $150.16. The stock has a market cap of $173.75 billion, a P/E ratio of 32.06, a price-to-earnings-growth ratio of 3.56 and a beta of 0.73. The TJX Companies, Inc. has a 52-week low of $116.37 and a 52-week high of $162.68. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.14.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share 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 company had revenue of $17.74 billion for the quarter, compared to analysts’ expectations of $17.36 billion. During the same quarter in the previous year, the firm posted $1.23 earnings per share. TJX Companies’s revenue for the quarter 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, equities analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

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.