Financial Planning Hawaii Inc. Purchases Shares of 3,459 The TJX Companies, Inc. $TJX

Financial Planning Hawaii Inc. acquired a new position in shares of The TJX Companies, Inc. (NYSE:TJX) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 3,459 shares of the apparel and home fashions retailer’s stock, valued at approximately $531,000.

A number of other large investors have also recently made changes to their positions in the stock. J. Safra Sarasin Holding AG boosted its position in TJX Companies by 39.6% in the fourth quarter. J. Safra Sarasin Holding AG now owns 14,285 shares of the apparel and home fashions retailer’s stock valued at $2,194,000 after buying an additional 4,052 shares during the last quarter. ORG Wealth Partners LLC increased its holdings in TJX Companies by 64.0% in the 4th quarter. ORG Wealth Partners LLC now owns 1,637 shares of the apparel and home fashions retailer’s stock worth $252,000 after buying an additional 639 shares during the period. AA Financial Advisors LLC purchased a new position in TJX Companies during the 4th quarter worth approximately $256,000. Donaldson Capital Management LLC raised its position in TJX Companies by 10.8% during the 4th quarter. Donaldson Capital Management LLC now owns 6,222 shares of the apparel and home fashions retailer’s stock worth $956,000 after buying an additional 609 shares during the last quarter. Finally, Lantz Financial LLC lifted its stake in TJX Companies by 4.8% during the 4th quarter. Lantz Financial LLC now owns 1,697 shares of the apparel and home fashions retailer’s stock valued at $261,000 after acquiring an additional 77 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. JPMorgan Chase & Co. upped their price objective 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. Sanford C. Bernstein restated an “outperform” rating and set a $170.00 target price on shares of TJX Companies in a research report on Tuesday, January 6th. BTIG Research reaffirmed a “buy” rating and issued a $185.00 price target (up from $165.00) on shares of TJX Companies in a report on Thursday, February 26th. Barclays increased their price target on TJX Companies from $172.00 to $183.00 and gave the stock an “overweight” rating in a research report on Thursday, February 26th. Finally, Deutsche Bank Aktiengesellschaft set a $184.00 price objective on TJX Companies in a research note on Thursday, January 8th. Three investment analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $167.55.

TJX Companies Price Performance

NYSE:TJX opened at $155.58 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.59. The company has a 50 day moving average price of $155.53 and a 200-day moving average price of $150.77. The TJX Companies, Inc. has a 1-year low of $116.37 and a 1-year high of $162.68. The firm has a market cap of $172.76 billion, a price-to-earnings ratio of 31.88, a price-to-earnings-growth ratio of 3.57 and a beta of 0.73.

TJX Companies (NYSE:TJX) last announced 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. The firm had revenue of $17.74 billion for the quarter, compared to the consensus estimate of $17.36 billion. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.23 earnings per share. 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 announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, May 14th. This is an increase from TJX Companies’s previous quarterly dividend of $0.43. TJX Companies’s dividend payout ratio is currently 34.84%.

Insider Activity at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of the firm’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 sale, the chief executive officer directly owned 479,316 shares in the company, valued at $77,145,910.20. This trade represents a 5.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.13% of the stock is owned by company 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.