Ferguson Wellman Capital Management Inc. Has $72.75 Million Stock Holdings in The TJX Companies, Inc. $TJX

Ferguson Wellman Capital Management Inc. raised its stake in The TJX Companies, Inc. (NYSE:TJX) by 0.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 473,572 shares of the apparel and home fashions retailer’s stock after purchasing an additional 4,319 shares during the quarter. TJX Companies makes up about 1.2% of Ferguson Wellman Capital Management Inc.’s portfolio, making the stock its 24th biggest holding. Ferguson Wellman Capital Management Inc.’s holdings in TJX Companies were worth $72,745,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Lavaca Capital LLC bought a new position in shares of TJX Companies in the second quarter valued at $25,000. Dogwood Wealth Management LLC raised its position in 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 worth $26,000 after acquiring an additional 92 shares in the last quarter. GGM Financials LLC bought a new stake in TJX Companies during the third quarter worth $27,000. Imprint Wealth LLC acquired a new stake in TJX Companies in the third quarter valued at $27,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in shares of TJX Companies in the 3rd quarter valued at about $28,000. Institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

TJX Companies stock opened at $159.66 on Thursday. The company has a market capitalization of $177.30 billion, a price-to-earnings ratio of 32.72, a PEG ratio of 3.64 and a beta of 0.73. 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 stock’s 50 day moving average is $155.58 and its 200-day moving average is $150.36.

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 for the quarter, topping the consensus estimate of $1.38 by $0.05. The business had revenue of $17.74 billion during the quarter, compared to analysts’ expectations of $17.36 billion. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period last year, the firm posted $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. Equities research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on TJX shares. Wells Fargo & Company restated a “positive” rating and set a $150.00 price objective (up from $145.00) on shares of TJX Companies in a research note on Tuesday, December 16th. Guggenheim upgraded TJX Companies to a “strong-buy” rating in a report on Wednesday, December 10th. Argus raised TJX Companies to a “strong-buy” rating in a research report on Tuesday, March 3rd. BTIG Research restated a “buy” rating and issued a $185.00 price objective (up from $165.00) on shares of TJX Companies in a research note on Thursday, February 26th. Finally, Wall Street Zen cut TJX Companies from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Three equities research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $167.55.

Insider Buying and Selling

In related news, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction 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 transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.13% of the stock is currently owned by company insiders.

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.