Community Trust & Investment Co. Has $23.11 Million Stake in The TJX Companies, Inc. $TJX

Community Trust & Investment Co. reduced its position in The TJX Companies, Inc. (NYSE:TJX) by 2.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 150,469 shares of the apparel and home fashions retailer’s stock after selling 3,836 shares during the quarter. TJX Companies comprises about 1.2% of Community Trust & Investment Co.’s portfolio, making the stock its 21st largest position. Community Trust & Investment Co.’s holdings in TJX Companies were worth $23,114,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in TJX. Lavaca Capital LLC acquired a new stake in shares of TJX Companies during the 2nd quarter worth approximately $25,000. Dogwood Wealth Management LLC raised its position in TJX Companies by 102.2% during the third quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock valued at $26,000 after purchasing an additional 92 shares in the last quarter. GGM Financials LLC acquired a new position in TJX Companies during the third quarter valued at approximately $27,000. Imprint Wealth LLC bought a new stake in TJX Companies during the third quarter worth $27,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of TJX Companies in the 3rd quarter valued at $28,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on TJX shares. JPMorgan Chase & Co. lifted their price target on TJX Companies from $154.00 to $173.00 and gave the company an “overweight” rating in a research note on Monday, February 23rd. UBS Group reaffirmed a “buy” rating on shares of TJX Companies in a research note on Wednesday, March 4th. Telsey Advisory Group lifted their target price on TJX Companies from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Thursday, February 26th. BTIG Research reissued a “buy” rating and set a $185.00 target price (up from $165.00) on shares of TJX Companies in a research note on Thursday, February 26th. Finally, Guggenheim raised shares of TJX Companies to a “strong-buy” rating in a report on Wednesday, December 10th. Three research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $167.55.

Insider Activity at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.13% of the company’s stock.

TJX Companies Stock Up 1.0%

Shares of NYSE:TJX opened at $156.47 on Tuesday. The TJX Companies, Inc. has a 52-week low of $116.37 and a 52-week high of $162.68. The company has a market capitalization of $173.75 billion, a PE ratio of 32.06, a price-to-earnings-growth ratio of 3.56 and a beta of 0.73. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.14. The company has a fifty day moving average of $155.48 and a 200-day moving average of $150.16.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.05. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The company had revenue of $17.74 billion for the quarter, compared to the consensus estimate of $17.36 billion. During the same quarter last year, the business posted $1.23 EPS. 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. On average, equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

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.