Schroder Investment Management Group Has $518.54 Million Holdings in The TJX Companies, Inc. $TJX

Schroder Investment Management Group lifted its position in The TJX Companies, Inc. (NYSE:TJX) by 3.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,587,495 shares of the apparel and home fashions retailer’s stock after acquiring an additional 103,332 shares during the period. Schroder Investment Management Group owned about 0.32% of TJX Companies worth $518,537,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in TJX Companies by 113.7% in the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after acquiring an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in shares of TJX Companies by 12.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock worth $262,000 after purchasing an additional 235 shares in the last quarter. Bison Wealth LLC grew its position in TJX Companies by 32.9% during the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after purchasing an additional 955 shares in the last quarter. United Bank increased its stake in TJX Companies by 7.6% in the 2nd quarter. United Bank now owns 16,298 shares of the apparel and home fashions retailer’s stock valued at $2,013,000 after buying an additional 1,155 shares during the period. Finally, Schnieders Capital Management LLC. purchased a new stake in TJX Companies in the 2nd quarter worth approximately $244,000. 91.09% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TJX has been the topic of several research analyst reports. Citigroup restated a “buy” rating and set a $168.00 price target (up from $160.00) on shares of TJX Companies in a report on Thursday, November 20th. JPMorgan Chase & Co. lifted their price objective on TJX Companies from $154.00 to $173.00 and gave the company an “overweight” rating in a research report on Monday, February 23rd. Barclays boosted their target price on TJX Companies from $172.00 to $183.00 and gave the company an “overweight” rating in a research note on Thursday, February 26th. Wells Fargo & Company reaffirmed a “positive” rating and set a $150.00 price target (up from $145.00) on shares of TJX Companies in a research note on Tuesday, December 16th. Finally, Robert W. Baird set a $168.00 price target on TJX Companies in a report on Wednesday, December 17th. Three investment analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $167.55.

TJX Companies Trading Down 0.8%

TJX Companies stock opened at $159.61 on Monday. 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 has a market capitalization of $177.24 billion, a price-to-earnings ratio of 32.71, a PEG ratio of 3.67 and a beta of 0.73. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $162.68. The company’s fifty day moving average price is $155.30 and its two-hundred day moving average price is $148.72.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 57.70% and a net margin of 9.10%.The business’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.23 earnings per share. 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, analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th were given a dividend of $0.425 per share. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. TJX Companies’s dividend payout ratio is presently 34.84%.

Insider Activity at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $160.95, for a total value of $4,828,500.00. Following the transaction, the chief executive officer owned 479,316 shares of the company’s stock, valued at $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 SEC, which can be accessed through this hyperlink. 0.13% of the stock is currently owned by corporate insiders.

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.