First Bank & Trust Boosts Holdings in The TJX Companies, Inc. $TJX

First Bank & Trust increased its position in The TJX Companies, Inc. (NYSE:TJX) by 106.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,186 shares of the apparel and home fashions retailer’s stock after purchasing an additional 3,697 shares during the period. First Bank & Trust’s holdings in TJX Companies were worth $1,104,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of TJX. Brighton Jones LLC lifted its stake in shares of TJX Companies by 113.7% in the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after buying an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of TJX Companies by 12.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock valued at $262,000 after acquiring an additional 235 shares in the last quarter. Bison Wealth LLC increased its position in shares of TJX Companies by 32.9% during the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after acquiring an additional 955 shares in the last quarter. United Bank raised its holdings in TJX Companies by 7.6% in the 2nd quarter. United Bank now owns 16,298 shares of the apparel and home fashions retailer’s stock worth $2,013,000 after acquiring an additional 1,155 shares during the last quarter. Finally, Schnieders Capital Management LLC. purchased a new position in TJX Companies in the 2nd quarter worth approximately $244,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Price Performance

Shares of TJX opened at $159.66 on Thursday. The firm has a fifty day simple moving average of $155.58 and a two-hundred day simple moving average of $150.36. The firm has a market cap of $177.30 billion, a PE ratio of 32.72, a P/E/G ratio of 3.64 and a beta of 0.73. The company has a current ratio of 1.14, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. The TJX Companies, Inc. has a 1-year low of $116.37 and a 1-year high of $162.68.

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

Wall Street Analyst Weigh In

Several analysts have commented on the company. Robert W. Baird set a $168.00 target price on TJX Companies in a research note on Wednesday, December 17th. Wall Street Zen cut TJX Companies from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Barclays increased their price objective on TJX Companies from $172.00 to $183.00 and gave the company an “overweight” rating in a research report on Thursday, February 26th. UBS Group reiterated a “buy” rating on shares of TJX Companies in a report on Wednesday, March 4th. Finally, Guggenheim raised TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. Three analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $167.55.

Insider Transactions at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the business’s 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 completion of the sale, the chief executive officer directly owned 479,316 shares in the company, valued at $77,145,910.20. The trade was a 5.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.13% of the company’s stock.

About TJX Companies

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.