Stokes Capital Advisors LLC Sells 8,091 Shares of The TJX Companies, Inc. $TJX

Stokes Capital Advisors LLC cut its stake in The TJX Companies, Inc. (NYSE:TJX) by 7.9% in the first quarter, HoldingsChannel reports. The firm owned 93,740 shares of the apparel and home fashions retailer’s stock after selling 8,091 shares during the quarter. TJX Companies makes up about 3.4% of Stokes Capital Advisors LLC’s investment portfolio, making the stock its 5th biggest position. Stokes Capital Advisors LLC’s holdings in TJX Companies were worth $14,970,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of TJX. Trust Point Inc. grew its position in shares of TJX Companies by 1.3% during the fourth quarter. Trust Point Inc. now owns 5,227 shares of the apparel and home fashions retailer’s stock worth $803,000 after buying an additional 66 shares in the last quarter. Jaffetilchin Investment Partners LLC raised its holdings in 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 acquiring an additional 66 shares in the last quarter. Hohimer Wealth Management LLC lifted its stake in TJX Companies by 1.2% in 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 acquiring an additional 66 shares during the last quarter. Tempus Wealth Planning LLC grew its holdings in TJX Companies by 0.5% during the 4th quarter. Tempus Wealth Planning LLC now owns 12,277 shares of the apparel and home fashions retailer’s stock worth $1,886,000 after acquiring an additional 67 shares in the last quarter. Finally, Verde Capital Management grew its holdings in TJX Companies by 0.7% during the 4th quarter. Verde Capital Management now owns 10,022 shares of the apparel and home fashions retailer’s stock worth $1,539,000 after acquiring an additional 67 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Down 6.2%

Shares of NYSE:TJX opened at $154.96 on Friday. The firm has a 50 day simple moving average of $158.11 and a 200-day simple moving average of $156.89. The TJX Companies, Inc. has a twelve month low of $119.84 and a twelve month high of $170.00. The company has a current ratio of 1.14, a quick ratio of 0.54 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $171.18 billion, a PE ratio of 30.09, a P/E/G ratio of 3.58 and a beta of 0.62.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.17. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The firm had revenue of $14.32 billion for the quarter, compared to the consensus estimate of $14.02 billion. During the same period last year, the firm posted $0.92 EPS. The company’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. On average, equities analysts predict that The TJX Companies, Inc. will post 5.17 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $1.92 annualized dividend and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is presently 37.28%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. UBS Group restated a “buy” rating on shares of TJX Companies in a report on Tuesday, June 9th. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, March 28th. Citigroup restated 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. Wells Fargo & Company reaffirmed an “outperform” rating and set a $160.00 price target (up from $155.00) on shares of TJX Companies in a report on Thursday, May 21st. Finally, Argus raised TJX Companies to a “strong-buy” rating in a research report on Tuesday, March 3rd. Three analysts have rated the stock with a Strong Buy rating and twenty have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $174.58.

TJX Companies News Roundup

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX continues to show strong fundamentals, with its latest quarter beating expectations on both EPS and revenue and management raising full-year guidance for sales, margins, earnings, and share repurchases.
• Positive Sentiment: Analyst sentiment remains constructive, with recent Buy/Outperform ratings and price targets well above the current share price, which may help support the stock over time.
• Positive Sentiment: The company is still expanding internationally, including a new store opening in Spain and a broader plan to add more than 1,700 overseas locations, signaling long-term growth potential. Article: TJX (TJX) Opens In Spain As It Eyes 1,700 More International Stores

Insider Transactions at TJX Companies

In other news, CEO Ernie Herrman sold 10,002 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $160.68, for a total value of $1,607,121.36. Following the completion of the sale, the chief executive officer directly owned 514,848 shares of the company’s stock, valued at approximately $82,725,776.64. The trade was a 1.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 completion of the sale, the chief financial officer directly owned 64,257 shares of the company’s stock, valued at approximately $10,330,597.89. This trade represents a 8.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 130,367 shares of company stock worth $20,959,476 over the last three months. 0.15% of the stock is currently owned by company 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.