Wick Capital Partners LLC Takes $519,000 Position in The TJX Companies, Inc. $TJX

Wick Capital Partners LLC purchased a new position in shares of The TJX Companies, Inc. (NYSE:TJX) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 3,378 shares of the apparel and home fashions retailer’s stock, valued at approximately $519,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna grew its position in TJX Companies by 120.3% in the fourth quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer’s stock valued at $25,000 after acquiring an additional 89 shares during the last quarter. Dogwood Wealth Management LLC lifted 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 worth $26,000 after acquiring an additional 92 shares during the last quarter. Entrust Financial LLC bought a new position in shares of TJX Companies in the fourth quarter worth about $26,000. Wilkerson Advisory Group LLC bought a new position in shares of TJX Companies in the fourth quarter worth about $26,000. Finally, GGM Financials LLC acquired a new stake in shares of TJX Companies in the 3rd quarter valued at approximately $27,000. 91.09% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on TJX shares. Truist Financial set a $190.00 price target on shares of TJX Companies and gave the company a “buy” rating in a report on Thursday, May 21st. BTIG Research increased their price objective on shares of TJX Companies from $185.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. UBS Group restated a “buy” rating on shares of TJX Companies in a research report on Tuesday, June 9th. Telsey Advisory Group boosted their target price 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. Finally, Weiss Ratings downgraded shares of TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday. Three equities research analysts have rated the stock with a Strong Buy rating and twenty have given a Buy rating to the company. According to MarketBeat.com, TJX Companies has an average rating of “Buy” and an average target price of $174.58.

More TJX Companies News

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX remains a standout off-price retailer, with same-store sales up 6% in the latest quarter and strength across its major banners. Management also sees room for more than 1,800 additional stores, including expansion in home furnishings, which supports a longer growth runway.
• Positive Sentiment: The company’s cash flow is supporting share buybacks and dividend growth, which can boost shareholder returns and help offset share count dilution over time. 3 Retail Winners Using Cash Flow to Stay Ahead (TJX)
• Positive Sentiment: Recent articles also emphasize TJX’s consistent execution, including record earnings, rising same-store sales, and an expanding international strategy as Ernie Herrman pushes the business beyond the U.S.
• Neutral Sentiment: Analysts and market commentators are comparing TJX’s reliable performance with its premium valuation, suggesting the stock may already reflect much of the company’s strong fundamentals. TJX Is a Reliable Off-Price Retailer, But for Investors, Is the Premium Too High?
• Neutral Sentiment: Another update noted TJX was up about 4% since its last earnings report and is being watched to see whether earnings estimates keep moving higher, which could influence the stock’s next move. TJX (TJX) Up 4% Since Last Earnings Report: Can It Continue?

TJX Companies Stock Performance

NYSE:TJX opened at $163.81 on Friday. 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 company has a current ratio of 1.14, a quick ratio of 0.54 and a debt-to-equity ratio of 0.18. The stock’s 50-day moving average is $158.04 and its 200-day moving average is $156.53. The TJX Companies, Inc. has a 1-year low of $119.84 and a 1-year high of $170.00.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.17. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The business had revenue of $14.32 billion during the quarter, compared to analyst estimates of $14.02 billion. During the same quarter last year, the business earned $0.92 EPS. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. 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. Equities research analysts anticipate that The TJX Companies, Inc. will post 5.17 earnings per share for the current year.

TJX Companies Announces Dividend

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

Insider Buying and Selling at TJX Companies

In other news, CFO John Klinger sold 6,235 shares of TJX Companies stock in a transaction on Friday, June 5th. The shares were sold at an average price of $160.77, for a total transaction of $1,002,400.95. Following the transaction, the chief financial officer owned 64,257 shares in the company, valued at approximately $10,330,597.89. The trade was a 8.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jackwyn Nemerov sold 957 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $168.59, for a total transaction of $161,340.63. Following the completion of the sale, the director directly owned 802 shares in the company, valued at approximately $135,209.18. This represents a 54.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 130,367 shares of company stock worth $20,959,476 over the last ninety days. Insiders own 0.15% 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.