The TJX Companies, Inc. $TJX Shares Acquired by Barclays PLC

Barclays PLC raised its stake in The TJX Companies, Inc. (NYSE:TJX) by 1.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,585,398 shares of the apparel and home fashions retailer’s stock after buying an additional 47,283 shares during the period. Barclays PLC owned approximately 0.23% of TJX Companies worth $373,693,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Lavaca Capital LLC acquired a new position in shares of TJX Companies in the 2nd quarter worth $25,000. Dogwood Wealth Management LLC lifted its holdings in shares of 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 during the last quarter. GGM Financials LLC purchased a new stake in shares of TJX Companies during the third quarter valued at $27,000. Howard Hughes Medical Institute acquired a new position in shares of TJX Companies in the 2nd quarter valued at $30,000. Finally, Legacy Investment Solutions LLC acquired a new position in shares of TJX Companies in the 2nd quarter valued at $32,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Price Performance

NYSE TJX opened at $159.61 on Friday. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $162.68. The company has a fifty day simple moving average of $155.30 and a 200 day simple moving average of $148.55. 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 company has a market cap of $177.24 billion, a P/E ratio of 32.71, a P/E/G ratio of 3.70 and a beta of 0.73.

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, beating analysts’ consensus estimates of $1.38 by $0.05. The company had revenue of $17.74 billion during the quarter, compared to analysts’ expectations of $17.36 billion. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the prior year, the company earned $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. On average, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th were issued a dividend of $0.425 per share. The ex-dividend date was Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. TJX Companies’s payout ratio is 34.84%.

Wall Street Analysts Forecast Growth

TJX has been the topic of several research analyst reports. Barclays lifted their price objective on shares of TJX Companies from $172.00 to $183.00 and gave the stock an “overweight” rating in a research report on Thursday, February 26th. Citigroup reissued a “buy” rating and set a $168.00 price target (up from $160.00) on shares of TJX Companies in a research report on Thursday, November 20th. Evercore raised their price objective on TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Jefferies Financial Group reaffirmed a “buy” rating and set a $170.00 target price on shares of TJX Companies in a research note on Tuesday, November 11th. Finally, UBS Group reiterated a “buy” rating on shares of TJX Companies in a report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, TJX Companies presently has an average rating of “Buy” and an average price target of $167.55.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $160.95, for a total value of $4,828,500.00. Following the completion of the sale, the chief executive officer 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.13% of the company’s stock.

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.