Allspring Global Investments Holdings LLC Cuts Position in The TJX Companies, Inc. $TJX

Key Points

• Allspring Global Investments trimmed its stake in The TJX Companies by 7.4% in Q4, selling 16,797 shares and ending the quarter with 209,783 shares worth about $32.37 million.
• CEO Ernie Herrman sold 30,000 shares on March 2 at an average of $160.95 for roughly $4.83 million, reducing his ownership by about 5.89%.
• TJX beat Q4 estimates (EPS $1.43 vs. $1.38; revenue $17.74B), raised its quarterly dividend 13% to $0.48, reiterated a $2.5–$2.75B buyback plan, and issued FY2027 EPS guidance of 4.93–5.02, while analysts’ consensus remains a Buy with a ~$167.55 target.

Allspring Global Investments Holdings LLC trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 7.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 209,783 shares of the apparel and home fashions retailer's stock after selling 16,797 shares during the quarter. Allspring Global Investments Holdings LLC's holdings in TJX Companies were worth $32,365,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Brookstone Capital Management raised its holdings in shares of TJX Companies by 49.0% in the 4th quarter. Brookstone Capital Management now owns 19,474 shares of the apparel and home fashions retailer's stock worth $2,991,000 after purchasing an additional 6,400 shares during the period. Paladin Wealth LLC purchased a new position in shares of TJX Companies during the 4th quarter valued at $547,000. Financial Planning Hawaii Inc. bought a new position in shares of TJX Companies during the 4th quarter worth $531,000. J. Safra Sarasin Holding AG grew its stake in shares of TJX Companies by 39.6% during the 4th quarter. J. Safra Sarasin Holding AG now owns 14,285 shares of the apparel and home fashions retailer's stock worth $2,194,000 after acquiring an additional 4,052 shares during the period. Finally, ORG Wealth Partners LLC raised its position in shares of TJX Companies by 64.0% in the fourth quarter. ORG Wealth Partners LLC now owns 1,637 shares of the apparel and home fashions retailer's stock valued at $252,000 after purchasing an additional 639 shares during the period. 91.09% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of TJX Companies 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 transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.13% of the stock is owned by insiders.

TJX Companies Stock Down 0.4%

TJX stock opened at $161.37 on Friday. The company's 50 day moving average is $155.89 and its 200 day moving average is $151.06. The stock has a market cap of $179.19 billion, a price-to-earnings ratio of 33.07, a price-to-earnings-growth ratio of 3.73 and a beta of 0.73. The company has a current ratio of 1.14, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. The TJX Companies, Inc. has a 1-year low of $116.37 and a 1-year high of $162.68.

TJX Companies (NYSE:TJX - Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 EPS for the quarter, topping analysts' consensus estimates 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 net margin of 9.10% and a return on equity of 57.70%. The business's quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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. Sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 14th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.2%. This is a positive change from TJX Companies's previous quarterly dividend of $0.43. TJX Companies's payout ratio is 39.34%.

Key TJX Companies News

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

• Positive Sentiment: Board approved a 13% quarterly dividend increase (to $0.48) and reiterated a sizable share-repurchase plan ($2.50–$2.75B for FY2027), reinforcing capital-return commitment and supporting investor income and EPS lift from buybacks. Article Title
• Positive Sentiment: Market coverage highlights TJX as a dividend grower and defensive name amid geopolitical tensions and inflation/labor concerns — a narrative that can attract income-focused and risk-off flows. Article Title
• Positive Sentiment: Technical/sector momentum: IBD and other outlets flag TJX as “stock of the day”/near a breakout, noting off-price retailers could benefit from supply-chain disruption tied to the Iran war — a potential near-term tailwind for sales and margins. Article Title
• Neutral Sentiment: Sector peers showing strength (Ross up after earnings; Burlington flirting with a breakout) supports a constructive retail/off-price group backdrop, which may help TJX sentiment if the group continues to outperform. Article Title Read More.
• Neutral Sentiment: Media pieces reiterate that TJX’s modest but growing dividend remains strategically meaningful for investors; coverage may sustain interest from income-minded funds but is less likely to drive rapid re-rating alone. Article Title
• Negative Sentiment: Valuation and technical risk: TJX trades near its 12‑month high with a PE ~33 and PEG ~3.7, leaving limited margin for error; today’s decline and below-average volume suggest profit-taking or sensitivity to broader market weakness. (Background: company fundamentals/price action and intraday volume.)

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Robert W. Baird set a $168.00 target price on shares of TJX Companies in a report on Wednesday, December 17th. UBS Group reaffirmed a "buy" rating on shares of TJX Companies in a report on Wednesday, March 4th. Guggenheim upgraded TJX Companies to a "strong-buy" rating in a research report on Wednesday, December 10th. JPMorgan Chase & Co. boosted their price objective on TJX Companies from $154.00 to $173.00 and gave the company an "overweight" rating in a research note on Monday, February 23rd. Finally, Sanford C. Bernstein restated an "outperform" rating and issued a $170.00 target price on shares of TJX Companies in a research note on Tuesday, January 6th. Four investment analysts have rated the stock with a Strong Buy rating and twenty-one have issued a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $167.55.

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.

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