The TJX Companies, Inc. $TJX Shares Sold by Fiera Capital Corp

Fiera Capital Corp lessened its position in The TJX Companies, Inc. (NYSE:TJX) by 6.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 4,923,471 shares of the apparel and home fashions retailer’s stock after selling 320,891 shares during the quarter. TJX Companies comprises 2.4% of Fiera Capital Corp’s portfolio, making the stock its 8th biggest holding. Fiera Capital Corp’s holdings in TJX Companies were worth $756,294,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Trust Point Inc. increased its stake in shares of TJX Companies by 1.3% in the fourth quarter. Trust Point Inc. now owns 5,227 shares of the apparel and home fashions retailer’s stock valued at $803,000 after buying an additional 66 shares during the period. Jaffetilchin Investment Partners LLC increased its stake 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 valued at $651,000 after buying an additional 66 shares during the period. Tempus Wealth Planning LLC increased its stake in shares of TJX Companies by 0.5% in 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 period. Verde Capital Management increased its stake in shares of TJX Companies by 0.7% in the fourth quarter. Verde Capital Management now owns 10,022 shares of the apparel and home fashions retailer’s stock valued at $1,539,000 after buying an additional 67 shares during the period. Finally, Intellectus Partners LLC increased its stake in shares of TJX Companies by 1.1% in the fourth quarter. Intellectus Partners LLC now owns 6,299 shares of the apparel and home fashions retailer’s stock valued at $968,000 after buying an additional 67 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies News Roundup

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.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on TJX. UBS Group reissued a “neutral” rating and issued a $197.00 price target (up from $193.00) on shares of TJX Companies in a research note on Thursday, May 21st. Citigroup reissued a “buy” rating and issued a $182.00 price target (up from $168.00) on shares of TJX Companies in a research note on Thursday, May 21st. Robert W. Baird increased their price target on TJX Companies from $172.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Wells Fargo & Company reissued an “outperform” rating and issued a $160.00 price target (up from $155.00) on shares of TJX Companies in a research note on Thursday, May 21st. Finally, BTIG Research increased their price target on TJX Companies from $185.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, TJX Companies has an average rating of “Buy” and an average price target of $174.58.

TJX Companies Stock Down 0.0%

Shares of TJX Companies stock opened at $160.69 on Monday. The TJX Companies, Inc. has a one year low of $119.84 and a one year high of $165.82. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.54. The stock’s 50-day moving average is $156.84 and its 200 day moving average is $155.51. The firm has a market cap of $177.51 billion, a price-to-earnings ratio of 31.20, a PEG ratio of 3.49 and a beta of 0.62.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 EPS for the quarter, beating the consensus estimate of $1.02 by $0.17. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.The company had revenue of $14.32 billion for the quarter, compared to analyst estimates of $14.02 billion. During the same quarter in the prior year, the company earned $0.92 EPS. The firm’s revenue for the quarter 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. Equities research analysts anticipate that The TJX Companies, Inc. will post 5.15 EPS for the current year.

TJX Companies Increases Dividend

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

Insider Activity

In related news, CEO Ernie Herrman sold 10,002 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $160.68, for a total transaction of $1,607,121.36. Following the sale, the chief executive officer owned 514,848 shares in the company, valued at $82,725,776.64. This represents a 1.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO John Klinger sold 6,235 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $160.77, for a total value of $1,002,400.95. Following the sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 73,786 shares of company stock worth $11,695,268. 0.13% of the stock is owned by corporate 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.