Diversified Trust Co. Buys 29,152 Shares of The TJX Companies, Inc. $TJX

Diversified Trust Co. boosted its stake in The TJX Companies, Inc. (NYSE:TJX) by 114.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,594 shares of the apparel and home fashions retailer’s stock after buying an additional 29,152 shares during the quarter. Diversified Trust Co.’s holdings in TJX Companies were worth $8,386,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Miller Global Investments LLC bought a new position in shares of TJX Companies during the fourth quarter valued at $28,000. Dogwood Wealth Management LLC grew its holdings in shares of TJX Companies by 102.2% in the 3rd quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock worth $26,000 after purchasing an additional 92 shares during the last quarter. Imprint Wealth LLC acquired a new stake in shares of TJX Companies during the 3rd quarter worth about $27,000. GGM Financials LLC acquired a new stake in shares of TJX Companies during the 3rd quarter worth about $27,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in TJX Companies during the 3rd quarter valued at about $28,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Barclays boosted their price target on shares of TJX Companies from $172.00 to $183.00 and gave the company an “overweight” rating in a research report on Thursday, February 26th. Guggenheim raised shares of TJX Companies to a “strong-buy” rating in a report on Wednesday, December 10th. JPMorgan Chase & Co. boosted their target price on TJX Companies from $154.00 to $173.00 and gave the stock an “overweight” rating in a report on Monday, February 23rd. Wall Street Zen lowered TJX Companies from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, Wells Fargo & Company reaffirmed a “positive” rating and set a $150.00 price target (up from $145.00) on shares of TJX Companies in a report on Tuesday, December 16th. Three investment analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $167.55.

Insider Buying and Selling at TJX Companies

In related news, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $160.95, for a total value of $4,828,500.00. Following the completion of the transaction, the chief executive officer 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 at the SEC website. 0.13% of the stock is currently owned by corporate insiders.

TJX Companies Stock Up 1.0%

Shares of NYSE:TJX opened at $156.47 on Tuesday. The company has a quick ratio of 0.59, a current ratio of 1.14 and a debt-to-equity ratio of 0.18. The firm has a market cap of $173.75 billion, a P/E ratio of 32.06, a P/E/G ratio of 3.56 and a beta of 0.73. The TJX Companies, Inc. has a 12 month low of $116.37 and a 12 month high of $162.68. The company’s 50-day moving average price is $155.48 and its two-hundred day moving average price is $150.16.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.05. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. The company had revenue of $17.74 billion during the quarter, compared to the consensus estimate of $17.36 billion. During the same period in the previous year, the firm posted $1.23 earnings per share. The company’s revenue 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. As a group, research analysts forecast 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.