Westview Management dba Westview Investment Advisors Makes New Investment in The TJX Companies, Inc. $TJX

Westview Management dba Westview Investment Advisors acquired a new position in The TJX Companies, Inc. (NYSE:TJX) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 25,792 shares of the apparel and home fashions retailer’s stock, valued at approximately $3,962,000. TJX Companies accounts for approximately 1.9% of Westview Management dba Westview Investment Advisors’ holdings, making the stock its 20th biggest holding.

A number of other large investors also recently modified their holdings of TJX. Banco Santander S.A. lifted its holdings in shares of TJX Companies by 24.6% in the third quarter. Banco Santander S.A. now owns 160,368 shares of the apparel and home fashions retailer’s stock worth $23,180,000 after buying an additional 31,631 shares in the last quarter. Bank of Nova Scotia raised its position in shares of TJX Companies by 129.9% during the 2nd quarter. Bank of Nova Scotia now owns 269,813 shares of the apparel and home fashions retailer’s stock valued at $33,319,000 after buying an additional 152,453 shares in the last quarter. Rheos Capital Works Inc. lifted its stake in shares of TJX Companies by 26.0% in the 3rd quarter. Rheos Capital Works Inc. now owns 370,000 shares of the apparel and home fashions retailer’s stock valued at $53,480,000 after purchasing an additional 76,400 shares during the last quarter. Wealthfront Advisers LLC lifted its position in TJX Companies by 4.9% in the third quarter. Wealthfront Advisers LLC now owns 171,820 shares of the apparel and home fashions retailer’s stock worth $24,835,000 after buying an additional 8,006 shares during the last quarter. Finally, Savoir Faire Capital Management L.P. lifted its holdings in shares of TJX Companies by 45.7% in the 3rd quarter. Savoir Faire Capital Management L.P. now owns 81,361 shares of the apparel and home fashions retailer’s stock worth $11,760,000 after acquiring an additional 25,534 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Up 0.2%

Shares of NYSE TJX opened at $154.99 on Monday. The company has a quick ratio of 0.59, a current ratio of 1.14 and a debt-to-equity ratio of 0.18. The firm has a market cap of $172.11 billion, a price-to-earnings ratio of 31.76, a PEG ratio of 3.56 and a beta of 0.73. The TJX Companies, Inc. has a 52-week low of $113.98 and a 52-week high of $162.68. The business’s 50 day moving average is $155.49 and its two-hundred day moving average is $150.05.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.05. The business 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 last year, the business posted $1.23 EPS. 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. Research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

Insider Buying and Selling at TJX Companies

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

Analyst Ratings Changes

A number of brokerages have commented on TJX. Barclays upped their target price on shares of TJX Companies from $172.00 to $183.00 and gave the stock an “overweight” rating in a research note on Thursday, February 26th. BTIG Research reiterated a “buy” rating and issued a $185.00 target price (up from $165.00) on shares of TJX Companies in a report on Thursday, February 26th. Robert W. Baird set a $168.00 price target on TJX Companies in a research report on Wednesday, December 17th. Guggenheim raised shares of TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $170.00 price target on shares of TJX Companies in a research report on Tuesday, January 6th. Three analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the stock. According to data from MarketBeat, TJX Companies currently has an average rating of “Buy” and an average price target of $167.55.

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.