Arwa LLC Makes New Investment in The TJX Companies, Inc. $TJX

Arwa LLC acquired a new stake in shares of The TJX Companies, Inc. (NYSE:TJX) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 12,356 shares of the apparel and home fashions retailer’s stock, valued at approximately $1,898,000. TJX Companies makes up about 1.1% of Arwa LLC’s holdings, making the stock its 18th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Trust Point Inc. boosted its position in shares of TJX Companies by 1.3% during the fourth quarter. Trust Point Inc. now owns 5,227 shares of the apparel and home fashions retailer’s stock worth $803,000 after acquiring an additional 66 shares during the last quarter. Jaffetilchin Investment Partners LLC lifted its position in shares of TJX Companies by 1.6% in the fourth quarter. Jaffetilchin Investment Partners LLC now owns 4,236 shares of the apparel and home fashions retailer’s stock worth $651,000 after buying an additional 66 shares in the last quarter. Hohimer Wealth Management LLC boosted its stake in TJX Companies by 1.2% during the fourth quarter. Hohimer Wealth Management LLC now owns 5,595 shares of the apparel and home fashions retailer’s stock valued at $859,000 after buying an additional 66 shares during the last quarter. Tempus Wealth Planning LLC boosted its stake in TJX Companies by 0.5% during the fourth quarter. Tempus Wealth Planning LLC now owns 12,277 shares of the apparel and home fashions retailer’s stock valued at $1,886,000 after buying an additional 67 shares during the last quarter. Finally, Verde Capital Management raised its holdings in shares of TJX Companies by 0.7% during the 4th quarter. Verde Capital Management now owns 10,022 shares of the apparel and home fashions retailer’s stock worth $1,539,000 after acquiring an additional 67 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

TJX has been the topic of several research reports. BTIG Research boosted their price target on shares of TJX Companies from $185.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Telsey Advisory Group lifted their price objective on shares of TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Robert W. Baird boosted their target price on shares of TJX Companies from $172.00 to $175.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Citigroup restated a “buy” rating and set a $182.00 target price (up from $168.00) on shares of TJX Companies in a research report on Thursday, May 21st. Finally, Barclays reaffirmed an “overweight” rating and issued a $190.00 price target (up from $183.00) on shares of TJX Companies in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating and twenty have given a Buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $174.58.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $163.81 on Friday. The company has a quick ratio of 0.54, a current ratio of 1.14 and a debt-to-equity ratio of 0.18. The business’s 50 day moving average is $158.04 and its 200 day moving average is $156.53. The stock has a market cap of $180.96 billion, a P/E ratio of 31.81, a price-to-earnings-growth ratio of 3.55 and a beta of 0.62. The TJX Companies, Inc. has a 52-week low of $119.84 and a 52-week high of $170.00.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.17. The business had revenue of $14.32 billion for the quarter, compared to the consensus estimate of $14.02 billion. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.The business’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.92 EPS. TJX Companies has set its FY 2027 guidance at 5.080-5.150 EPS and its Q2 2027 guidance at 1.150-1.170 EPS. Sell-side analysts predict that The TJX Companies, Inc. will post 5.17 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $1.92 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is 37.28%.

Insider Buying and Selling at TJX Companies

In related news, Director Jackwyn Nemerov sold 957 shares of TJX Companies stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $168.59, for a total transaction of $161,340.63. Following the transaction, the director directly owned 802 shares of the company’s stock, valued at $135,209.18. This trade represents a 54.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Ernie Herrman sold 10,002 shares of the company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $160.68, for a total value of $1,607,121.36. Following the sale, the chief executive officer owned 514,848 shares of the company’s stock, valued at approximately $82,725,776.64. This represents a 1.91% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 130,367 shares of company stock worth $20,959,476. 0.15% of the stock is owned by company insiders.

TJX Companies Company 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.