132,145 Shares in The TJX Companies, Inc. $TJX Purchased by Gradient Investments LLC

Gradient Investments LLC purchased a new stake in shares of The TJX Companies, Inc. (NYSE:TJX) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 132,145 shares of the apparel and home fashions retailer’s stock, valued at approximately $20,299,000.

Several other hedge funds have also bought and sold shares of the business. Lavaca Capital LLC bought a new position in shares of TJX Companies during the second quarter valued at approximately $25,000. Dogwood Wealth Management LLC boosted its position 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 in the last quarter. GGM Financials LLC purchased a new stake in shares of TJX Companies in the 3rd quarter worth approximately $27,000. Imprint Wealth LLC purchased a new stake in shares of TJX Companies in the 3rd quarter worth approximately $27,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in TJX Companies during the 3rd quarter valued at approximately $28,000. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Up 0.2%

Shares of NYSE TJX opened at $154.99 on Monday. The TJX Companies, Inc. has a 1 year low of $113.98 and a 1 year high of $162.68. 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 market cap of $172.11 billion, a P/E ratio of 31.76, a PEG ratio of 3.56 and a beta of 0.73. The firm has a 50-day simple moving average of $155.49 and a two-hundred day simple moving average of $150.05.

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, topping analysts’ consensus estimates of $1.38 by $0.05. The business 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 company’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.23 EPS. 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 year.

Insider Transactions 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 transaction 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 legal filing with the SEC, which is available through this link. Company insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on TJX shares. Robert W. Baird set a $168.00 target price on TJX Companies in a report on Wednesday, December 17th. Wells Fargo & Company restated 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. UBS Group reaffirmed a “buy” rating on shares of TJX Companies in a research report on Wednesday, March 4th. Argus upgraded shares of TJX Companies to a “strong-buy” rating in a research note on Tuesday, March 3rd. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, January 21st. Three equities research analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $167.55.

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.