TJX Companies (NYSE:TJX) CFO Sells $1,002,400.95 in Stock

The TJX Companies, Inc. (NYSE:TJX) CFO John Klinger sold 6,235 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $160.77, for a total value of $1,002,400.95. Following the transaction, the chief financial officer owned 64,257 shares in the company, valued at $10,330,597.89. This represents a 8.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

TJX Companies Trading Down 0.0%

NYSE:TJX opened at $160.69 on Monday. The stock’s 50 day moving average price is $156.84 and its 200 day moving average price is $155.51. The company has a market capitalization of $177.51 billion, a PE ratio of 31.20, a P/E/G ratio of 3.49 and a beta of 0.62. 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 TJX Companies, Inc. has a 52-week low of $119.84 and a 52-week high of $165.82.

TJX Companies (NYSE:TJX) last released 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. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.The firm had revenue of $14.32 billion for the quarter, compared to the consensus estimate of $14.02 billion. During the same quarter last year, the business posted $0.92 EPS. The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. 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. On average, research analysts anticipate that The TJX Companies, Inc. will post 5.15 EPS for the current year.

TJX Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, May 14th. This is a positive change from TJX Companies’s previous quarterly dividend of $0.43. TJX Companies’s payout ratio is 37.28%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on TJX. Wells Fargo & Company reaffirmed an “outperform” rating and set a $160.00 price objective (up from $155.00) on shares of TJX Companies in a research report on Thursday, May 21st. Truist Financial set a $190.00 price objective on TJX Companies and gave the stock a “buy” rating in a research report on Thursday, May 21st. Telsey Advisory Group increased their price objective on TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. JPMorgan Chase & Co. increased their price objective on TJX Companies from $173.00 to $174.00 and gave the stock an “overweight” rating in a research report on Monday, May 18th. Finally, BTIG Research raised their price target on TJX Companies from $185.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, TJX Companies has a consensus rating of “Buy” and a consensus target price of $174.58.

Institutional Trading of TJX Companies

Several hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in shares of TJX Companies by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 102,733,668 shares of the apparel and home fashions retailer’s stock valued at $15,780,919,000 after buying an additional 771,882 shares during the period. Geode Capital Management LLC raised its holdings in TJX Companies by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 27,011,104 shares of the apparel and home fashions retailer’s stock worth $4,134,174,000 after purchasing an additional 673,690 shares during the last quarter. Bank of America Corp DE raised its holdings in TJX Companies by 2.0% during the fourth quarter. Bank of America Corp DE now owns 25,620,925 shares of the apparel and home fashions retailer’s stock worth $3,935,630,000 after purchasing an additional 495,989 shares during the last quarter. Capital International Investors raised its holdings in TJX Companies by 2.0% during the fourth quarter. Capital International Investors now owns 15,986,573 shares of the apparel and home fashions retailer’s stock worth $2,455,911,000 after purchasing an additional 308,408 shares during the last quarter. Finally, Norges Bank acquired a new position in TJX Companies during the fourth quarter worth $2,211,975,000. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies News Summary

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

• Positive Sentiment: TJX posted strong fiscal Q1 results, including 6% comparable sales growth and 29% EPS growth, and raised guidance, supporting the stock’s recent strength.
• Positive Sentiment: Analysts remain constructive on The TJX Companies, Inc., with a consensus “Buy” view and continued praise for its growth and defensive retail appeal.
• Positive Sentiment: UBS singled out TJX as a preferred consumer stock, citing its ability to grow, deliver strong returns, and exceed expectations.
• Neutral Sentiment: Recent stock gains have pushed TJX near its 52-week high, which may attract both momentum buyers and some profit-taking.
• Negative Sentiment: CEO Ernie Herrman and CFO John Klinger sold shares this week, which may weigh on sentiment even though the transactions were disclosed as routine filings.

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.