Hager Investment Management Services LLC Has $2.06 Million Stock Position in The TJX Companies, Inc. $TJX

Hager Investment Management Services LLC increased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 848.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,417 shares of the apparel and home fashions retailer’s stock after purchasing an additional 12,002 shares during the period. Hager Investment Management Services LLC’s holdings in TJX Companies were worth $2,061,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Trust Point Inc. raised its position in shares of TJX Companies by 1.3% in the 4th quarter. Trust Point Inc. now owns 5,227 shares of the apparel and home fashions retailer’s stock worth $803,000 after acquiring an additional 66 shares in the last quarter. Jaffetilchin Investment Partners LLC grew its stake in shares of TJX Companies by 1.6% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 4,236 shares of the apparel and home fashions retailer’s stock worth $651,000 after buying an additional 66 shares during the last quarter. Tempus Wealth Planning LLC grew its stake in shares of TJX Companies by 0.5% in the 4th quarter. Tempus Wealth Planning LLC now owns 12,277 shares of the apparel and home fashions retailer’s stock worth $1,886,000 after buying an additional 67 shares during the last quarter. Sound Income Strategies LLC grew its stake in shares of TJX Companies by 3.0% in the 4th quarter. Sound Income Strategies LLC now owns 2,355 shares of the apparel and home fashions retailer’s stock worth $371,000 after buying an additional 69 shares during the last quarter. Finally, High Note Wealth LLC grew its stake in shares of TJX Companies by 12.1% in the 3rd quarter. High Note Wealth LLC now owns 667 shares of the apparel and home fashions retailer’s stock worth $96,000 after buying an additional 72 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Performance

Shares of TJX opened at $161.67 on Thursday. The business’s fifty day simple moving average is $156.76 and its two-hundred day simple moving average is $151.71. 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 12 month low of $119.75 and a 12 month high of $162.68. The company has a market cap of $178.94 billion, a price-to-earnings ratio of 33.13, a P/E/G ratio of 3.71 and a beta of 0.73.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 EPS 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 business 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 was up 8.5% compared to the same quarter last year. 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. Research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be paid a dividend of $0.48 per share. The ex-dividend date is Thursday, May 14th. This represents a $1.92 annualized dividend and a yield of 1.2%. This is a positive change from TJX Companies’s previous quarterly dividend of $0.43. TJX Companies’s dividend payout ratio (DPR) is 34.84%.

Insider Buying and Selling

In other TJX Companies 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 transaction of $4,828,500.00. Following the sale, the chief executive officer directly owned 479,316 shares in the company, valued at approximately $77,145,910.20. This trade represents a 5.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. JPMorgan Chase & Co. upped their price target on TJX Companies from $154.00 to $173.00 and gave the stock an “overweight” rating in a research note on Monday, February 23rd. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, March 28th. Wells Fargo & Company restated a “positive” rating and issued a $150.00 price target (up from $145.00) on shares of TJX Companies in a research note on Tuesday, December 16th. Telsey Advisory Group upped their price target on TJX Companies from $170.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, February 26th. Finally, Weiss Ratings upgraded TJX Companies from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Wednesday, April 1st. Four research analysts have rated the stock with a Strong Buy rating and twenty-one have assigned a Buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $167.55.

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.