Albion Financial Group UT Sells 5,363 Shares of The TJX Companies, Inc. $TJX

Albion Financial Group UT trimmed its holdings in The TJX Companies, Inc. (NYSE:TJX) by 4.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 114,280 shares of the apparel and home fashions retailer’s stock after selling 5,363 shares during the quarter. TJX Companies comprises 1.1% of Albion Financial Group UT’s portfolio, making the stock its 27th biggest holding. Albion Financial Group UT’s holdings in TJX Companies were worth $17,555,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Lavaca Capital LLC bought a new position in shares of TJX Companies in the second quarter valued at about $25,000. Dogwood Wealth Management LLC raised its holdings in shares of TJX Companies by 102.2% in 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 buying an additional 92 shares during the last quarter. GGM Financials LLC bought a new position in shares of TJX Companies in the third quarter valued at about $27,000. Imprint Wealth LLC bought a new position in shares of TJX Companies in the third quarter valued at about $27,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in shares of TJX Companies in the third quarter valued at about $28,000. 91.09% of the stock is owned by institutional investors.

TJX Companies Stock Up 0.2%

TJX Companies stock opened at $161.69 on Tuesday. 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’s 50 day simple moving average is $156.29 and its 200 day simple moving average is $151.51. The TJX Companies, Inc. has a fifty-two week low of $116.37 and a fifty-two week high of $162.68. The firm has a market capitalization of $178.96 billion, a price-to-earnings ratio of 33.13, a PEG ratio of 3.71 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, beating the consensus estimate of $1.38 by $0.05. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The business had revenue of $17.74 billion during the quarter, compared to analyst estimates of $17.36 billion. During the same period in the previous year, the firm earned $1.23 EPS. TJX Companies’s quarterly 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. As a group, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 14th will be given a $0.48 dividend. The ex-dividend date is Thursday, May 14th. This represents a $1.92 annualized dividend and a dividend yield of 1.2%. This is a boost from TJX Companies’s previous quarterly dividend of $0.43. TJX Companies’s payout ratio is presently 34.84%.

Insider Activity

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 stock was 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 directly owned 479,316 shares in the company, valued at approximately $77,145,910.20. The trade was a 5.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Barclays lifted their price objective on TJX Companies from $172.00 to $183.00 and gave the stock an “overweight” rating in a research report on Thursday, February 26th. Wells Fargo & Company reiterated a “positive” rating and issued a $150.00 price objective (up from $145.00) on shares of TJX Companies in a research report on Tuesday, December 16th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $170.00 price objective on shares of TJX Companies in a research report on Tuesday, January 6th. JPMorgan Chase & Co. lifted their price objective on TJX Companies from $154.00 to $173.00 and gave the stock an “overweight” rating in a research report on Monday, February 23rd. Finally, Robert W. Baird set a $168.00 price objective on TJX Companies in a research report on Wednesday, December 17th. Four research analysts have rated the stock with a Strong Buy rating and twenty-one have given a Buy rating to the company. According to data from MarketBeat, the company has a consensus 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.