Clear Trail Advisors LLC Acquires Shares of 28,155 The TJX Companies, Inc. $TJX

Clear Trail Advisors LLC acquired a new position in shares of The TJX Companies, Inc. (NYSE:TJX) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 28,155 shares of the apparel and home fashions retailer’s stock, valued at approximately $4,325,000. TJX Companies makes up approximately 1.0% of Clear Trail Advisors LLC’s investment portfolio, making the stock its 28th largest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in TJX Companies by 0.8% during the third quarter. Vanguard Group Inc. now owns 101,961,786 shares of the apparel and home fashions retailer’s stock worth $14,737,557,000 after buying an additional 820,730 shares in the last quarter. State Street Corp lifted its stake in TJX Companies by 0.6% during the 2nd quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock valued at $6,001,063,000 after acquiring an additional 285,737 shares in the last quarter. Capital International Investors boosted its holdings in TJX Companies by 4.2% during the 3rd quarter. Capital International Investors now owns 15,678,165 shares of the apparel and home fashions retailer’s stock worth $2,266,066,000 after acquiring an additional 630,574 shares during the last quarter. Norges Bank purchased a new position in TJX Companies during the 2nd quarter worth $1,808,774,000. Finally, Ameriprise Financial Inc. grew its stake in shares of TJX Companies by 3.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 13,391,533 shares of the apparel and home fashions retailer’s stock worth $1,939,435,000 after acquiring an additional 392,097 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer directly owned 479,316 shares of the company’s stock, valued at approximately $77,145,910.20. This trade represents a 5.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.13% of the stock is owned by insiders.

TJX Companies Trading Up 1.0%

Shares of TJX Companies stock opened at $156.47 on Tuesday. The company’s 50-day moving average price is $155.48 and its 200-day moving average price is $150.16. 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 $116.37 and a 12-month high of $162.68. The company has a market cap of $173.75 billion, a price-to-earnings ratio of 32.06, a PEG ratio of 3.56 and a beta of 0.73.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data 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. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The company had revenue of $17.74 billion for the quarter, compared to the consensus estimate of $17.36 billion. During the same quarter last year, the business posted $1.23 earnings per share. The firm’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. On average, equities analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a research note on Wednesday, December 10th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, January 21st. Wall Street Zen downgraded TJX Companies from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. UBS Group reiterated a “buy” rating on shares of TJX Companies in a report on Wednesday, March 4th. Finally, Argus raised TJX Companies to a “strong-buy” rating in a research report on Tuesday, March 3rd. Three equities research analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target 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.