Financial Planning Hawaii Inc. Takes Position in The TJX Companies, Inc. $TJX

Financial Planning Hawaii Inc. bought a new position in shares of The TJX Companies, Inc. (NYSE:TJX) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 3,459 shares of the apparel and home fashions retailer’s stock, valued at approximately $531,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in TJX. Lavaca Capital LLC purchased a new stake in TJX Companies in the 2nd quarter worth $25,000. Dogwood Wealth Management LLC lifted its holdings 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 valued at $26,000 after purchasing an additional 92 shares in the last quarter. GGM Financials LLC purchased a new position in TJX Companies during the third quarter valued at $27,000. Imprint Wealth LLC acquired a new stake in shares of TJX Companies in the third quarter valued at about $27,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of TJX Companies in the third quarter valued at about $28,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

NYSE:TJX opened at $155.58 on Tuesday. The company has a market cap of $172.76 billion, a P/E ratio of 31.88, a P/E/G ratio of 3.57 and a beta of 0.73. The TJX Companies, Inc. has a twelve month low of $116.37 and a twelve month high of $162.68. The company’s 50-day moving average price is $155.53 and its 200-day moving average price is $150.77. The company has a current ratio of 1.14, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate 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%. TJX Companies’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the company 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. On average, sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.2%. This is a boost from TJX Companies’s previous quarterly dividend of $0.43. The ex-dividend date is Thursday, May 14th. TJX Companies’s dividend payout ratio (DPR) is currently 34.84%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TJX. Argus upgraded shares of TJX Companies to a “strong-buy” rating in a research report on Tuesday, March 3rd. UBS Group reiterated a “buy” rating on shares of TJX Companies in a report on Wednesday, March 4th. Robert W. Baird set a $168.00 price objective on TJX Companies in a research note on Wednesday, December 17th. Barclays increased their target price on TJX Companies from $172.00 to $183.00 and gave the company an “overweight” rating in a report on Thursday, February 26th. Finally, Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday. Three research analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $167.55.

Insider Activity at TJX Companies

In related news, CEO Ernie Herrman sold 30,000 shares of the 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 of the company’s stock, valued at approximately $77,145,910.20. This trade represents a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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.