ASR Vermogensbeheer N.V. Cuts Stake in The TJX Companies, Inc. $TJX

Key Points

• ASR Vermogensbeheer N.V. reduced its stake in The TJX Companies by 4.5% in Q4, selling 18,188 shares and leaving it with 381,677 shares valued at $58.63 million, representing 0.7% of ASR's portfolio and its 24th largest holding.
• TJX posted a Q4 EPS beat ($1.43 vs. $1.38) and revenue of $17.74 billion (up 8.5% YoY), set FY2027 EPS guidance of 4.930–5.020, and raised its quarterly dividend to $0.48 ($1.92 annualized, 1.2% yield).
• Analysts are largely bullish—MarketBeat shows a consensus Buy rating with an average target of $167.55, and several firms (JPMorgan, Barclays, Argus, Telsey) have recently raised ratings or price targets.

ASR Vermogensbeheer N.V. reduced its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 4.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 381,677 shares of the apparel and home fashions retailer's stock after selling 18,188 shares during the period. TJX Companies comprises 0.7% of ASR Vermogensbeheer N.V.'s investment portfolio, making the stock its 24th largest holding. ASR Vermogensbeheer N.V.'s holdings in TJX Companies were worth $58,630,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. MGO One Seven LLC increased its position in shares of TJX Companies by 19.0% in the 4th quarter. MGO One Seven LLC now owns 84,698 shares of the apparel and home fashions retailer's stock valued at $13,011,000 after purchasing an additional 13,515 shares during the last quarter. Cassaday & Co Wealth Management LLC increased its position in shares of TJX Companies by 56.3% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 7,588 shares of the apparel and home fashions retailer's stock valued at $1,166,000 after purchasing an additional 2,732 shares during the last quarter. Bluebird Wealth Management LLC purchased a new stake in shares of TJX Companies in the 4th quarter valued at approximately $1,925,000. Cabot Wealth Management Inc. increased its position in shares of TJX Companies by 0.5% in the 4th quarter. Cabot Wealth Management Inc. now owns 114,204 shares of the apparel and home fashions retailer's stock valued at $17,543,000 after purchasing an additional 598 shares during the last quarter. Finally, Sequoia Financial Advisors LLC increased its position in shares of TJX Companies by 5.6% in the 4th quarter. Sequoia Financial Advisors LLC now owns 228,133 shares of the apparel and home fashions retailer's stock valued at $35,044,000 after purchasing an additional 12,027 shares during the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TJX has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of TJX Companies from a "hold" rating to a "buy" rating in a research report on Saturday, March 28th. Telsey Advisory Group increased their price objective on shares of TJX Companies from $170.00 to $175.00 and gave the company an "outperform" rating in a research report on Thursday, February 26th. Argus raised shares of TJX Companies to a "strong-buy" rating in a research report on Tuesday, March 3rd. JPMorgan Chase & Co. upped their target price on shares of TJX Companies from $154.00 to $173.00 and gave the company an "overweight" rating in a report on Monday, February 23rd. Finally, Barclays upped their target price on shares of TJX Companies from $172.00 to $183.00 and gave the company an "overweight" rating in a report on Thursday, February 26th. Four equities research analysts have rated the stock with a Strong Buy rating and twenty-one have assigned a Buy rating to the company. According to MarketBeat.com, TJX Companies has a consensus rating of "Buy" and an average target price of $167.55.

TJX Companies Trading Down 0.7%

Shares of TJX Companies stock opened at $154.39 on Friday. The company has a fifty day simple moving average of $158.32 and a 200-day simple moving average of $153.96. The TJX Companies, Inc. has a 12-month low of $119.84 and a 12-month high of $165.82. 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 stock has a market cap of $170.73 billion, a price-to-earnings ratio of 31.64, a PEG ratio of 3.57 and a beta of 0.64.

TJX Companies (NYSE:TJX - Get Free Report) last issued its earnings results 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 net margin of 9.10% and a return on equity of 57.70%. The company's revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the prior 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. On average, equities analysts forecast that The TJX Companies, Inc. will post 5.06 EPS for the current fiscal year.

TJX Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 14th will be paid a dividend of $0.48 per share. The ex-dividend date is Thursday, May 14th. This represents a $1.92 dividend on an annualized basis and a yield of 1.2%. This is an increase from TJX Companies's previous quarterly dividend of $0.43. TJX Companies's dividend payout ratio (DPR) is currently 34.84%.

Insiders Place Their Bets

In related news, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction 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 completion of the sale, the chief executive officer owned 479,316 shares in the company, valued at $77,145,910.20. This represents a 5.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.13% of the stock is currently owned by corporate 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.

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