Union Bancaire Privee UBP SA Has $28.87 Million Holdings in The TJX Companies, Inc. $TJX

Union Bancaire Privee UBP SA boosted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 6.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 187,912 shares of the apparel and home fashions retailer’s stock after purchasing an additional 11,265 shares during the period. Union Bancaire Privee UBP SA’s holdings in TJX Companies were worth $28,865,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in TJX Companies by 113.7% during the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after purchasing an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of TJX Companies by 12.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock worth $262,000 after buying an additional 235 shares in the last quarter. Bison Wealth LLC lifted its position in shares of TJX Companies by 32.9% during the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after buying an additional 955 shares during the last quarter. United Bank boosted its stake in TJX Companies by 7.6% in the second 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 in the last quarter. Finally, Schnieders Capital Management LLC. bought a new position in TJX Companies in the second quarter valued at about $244,000. 91.09% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the completion of the transaction, the chief executive officer owned 479,316 shares in the company, valued at approximately $77,145,910.20. This trade represents a 5.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.13% of the company’s stock.

TJX Companies Stock Performance

Shares of TJX Companies stock opened at $154.70 on Friday. The stock has a market cap of $171.78 billion, a price-to-earnings ratio of 31.70, a P/E/G ratio of 3.52 and a beta of 0.73. The TJX Companies, Inc. has a twelve month low of $113.98 and a twelve month high of $162.68. The company’s fifty day moving average is $155.55 and its 200 day moving average is $149.77. The company has a quick ratio of 0.59, a current ratio of 1.14 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share (EPS) for the quarter, topping 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 last year, the company earned $1.23 EPS. TJX Companies’s revenue for the quarter 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. Sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

Analyst Upgrades and Downgrades

TJX has been the topic of a number of research analyst reports. Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a research note on Wednesday, December 10th. Argus upgraded shares of TJX Companies to a “strong-buy” rating in a research report on Tuesday, March 3rd. Wall Street Zen cut shares of TJX Companies from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Telsey Advisory Group increased their price target on TJX Companies from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, February 26th. Finally, Barclays raised their price objective on TJX Companies from $172.00 to $183.00 and gave the company an “overweight” rating in a report on Thursday, February 26th. Three equities research analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $167.55.

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.