The TJX Companies, Inc. $TJX Shares Acquired by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA grew its stake in The TJX Companies, Inc. (NYSE:TJX) by 53.5% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 68,468 shares of the apparel and home fashions retailer’s stock after acquiring an additional 23,871 shares during the period. Union Bancaire Privee UBP SA’s holdings in TJX Companies were worth $10,373,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in TJX. Coston McIsaac & Partners increased its holdings in TJX Companies by 11.3% in the 1st quarter. Coston McIsaac & Partners now owns 628 shares of the apparel and home fashions retailer’s stock valued at $100,000 after purchasing an additional 64 shares during the last quarter. Kohmann Bosshard Financial Services LLC raised its position in TJX Companies by 11.0% in the first quarter. Kohmann Bosshard Financial Services LLC now owns 666 shares of the apparel and home fashions retailer’s stock valued at $106,000 after purchasing an additional 66 shares during the period. Hohimer Wealth Management LLC lifted its stake in TJX Companies by 1.2% during the fourth quarter. Hohimer Wealth Management LLC now owns 5,595 shares of the apparel and home fashions retailer’s stock worth $859,000 after purchasing an additional 66 shares in the last quarter. Verde Capital Management lifted its stake in TJX Companies by 0.7% during the fourth quarter. Verde Capital Management now owns 10,022 shares of the apparel and home fashions retailer’s stock worth $1,539,000 after purchasing an additional 67 shares in the last quarter. Finally, Intellectus Partners LLC boosted its position in shares of TJX Companies by 1.1% during the fourth quarter. Intellectus Partners LLC now owns 6,299 shares of the apparel and home fashions retailer’s stock worth $968,000 after buying an additional 67 shares during the period. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at TJX Companies

In related news, Director Jackwyn Nemerov sold 957 shares of TJX Companies stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $168.59, for a total transaction of $161,340.63. Following the sale, the director directly owned 802 shares in the company, valued at $135,209.18. This trade represents a 54.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Ernie Herrman sold 29,549 shares of the business’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $157.46, for a total transaction of $4,652,785.54. Following the completion of the sale, the chief executive officer directly owned 552,850 shares of the company’s stock, valued at approximately $87,051,761. This trade represents a 5.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 130,367 shares of company stock valued at $20,959,476. Corporate insiders own 0.15% of the company’s stock.

TJX Companies Price Performance

TJX stock opened at $152.00 on Friday. The business has a 50 day moving average price of $157.63 and a 200 day moving average price of $156.73. 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 stock has a market cap of $167.91 billion, a price-to-earnings ratio of 29.51, a PEG ratio of 3.32 and a beta of 0.62. The TJX Companies, Inc. has a fifty-two week low of $132.01 and a fifty-two week high of $170.00.

TJX Companies (NYSE:TJX) last announced its quarterly 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 net margin of 9.40% and a return on equity of 57.92%. The company had revenue of $14.32 billion for the quarter, compared to analyst estimates of $14.02 billion. During the same period in the prior year, the firm posted $0.92 earnings per share. The firm’s 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 5.19 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, August 13th. TJX Companies’s dividend payout ratio (DPR) is 37.28%.

Analyst Upgrades and Downgrades

TJX has been the subject of a number of research reports. BTIG Research lifted their price objective on TJX Companies from $185.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Erste Group Bank lowered TJX Companies from a “buy” rating to a “hold” rating in a research note on Wednesday, July 15th. UBS Group restated a “buy” rating on shares of TJX Companies in a report on Tuesday, June 9th. Wells Fargo & Company restated an “outperform” rating and set a $160.00 target price (up from $155.00) on shares of TJX Companies in a report on Thursday, May 21st. Finally, Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, TJX Companies currently has an average rating of “Buy” and a consensus price target of $177.94.

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.