Ausdal Financial Partners Inc. Increases Stake in The TJX Companies, Inc. $TJX

Key Points

• Ausdal Financial Partners raised its stake in The TJX Companies by 142.5% in Q3, adding 9,805 shares to hold 16,686 shares valued at about $2.41 million.
• CEO Ernie Herrman sold 30,000 shares on March 2 at an average price of $160.95 (≈$4.83 million), reducing his holding by 5.89%; insiders now own about 0.13% of the stock.
• TJX beat expectations for the quarter (EPS $1.43 vs. $1.38 est.; revenue $17.74B vs. $17.36B), issued FY2027 EPS guidance of 4.930–5.020, and maintains a consensus analyst rating of "Buy" with a ~$167.55 price target.

Ausdal Financial Partners Inc. boosted its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 142.5% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 16,686 shares of the apparel and home fashions retailer's stock after acquiring an additional 9,805 shares during the period. Ausdal Financial Partners Inc.'s holdings in TJX Companies were worth $2,412,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. High Note Wealth LLC increased its stake in shares of TJX Companies by 12.1% in the third quarter. High Note Wealth LLC now owns 667 shares of the apparel and home fashions retailer's stock worth $96,000 after purchasing an additional 72 shares in the last quarter. Valley National Advisers Inc. lifted its stake in shares of TJX Companies by 2.3% during the 3rd quarter. Valley National Advisers Inc. now owns 3,271 shares of the apparel and home fashions retailer's stock valued at $472,000 after buying an additional 73 shares in the last quarter. Webster Bank N. A. boosted its holdings in TJX Companies by 1.6% in the 3rd quarter. Webster Bank N. A. now owns 4,574 shares of the apparel and home fashions retailer's stock worth $661,000 after buying an additional 73 shares during the period. REAP Financial Group LLC boosted its holdings in TJX Companies by 12.1% in the 3rd quarter. REAP Financial Group LLC now owns 676 shares of the apparel and home fashions retailer's stock worth $98,000 after buying an additional 73 shares during the period. Finally, Banco de Sabadell S.A grew its stake in TJX Companies by 0.4% in the 2nd quarter. Banco de Sabadell S.A now owns 20,951 shares of the apparel and home fashions retailer's stock valued at $2,587,000 after buying an additional 77 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the company's stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $160.95, for a total value of $4,828,500.00. Following the transaction, the chief executive officer directly 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.13% of the stock is currently owned by insiders.

TJX Companies Stock Down 0.3%

Shares of NYSE:TJX opened at $155.40 on Monday. The firm has a fifty day moving average price of $155.56 and a two-hundred day moving average price of $149.45. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.59. The TJX Companies, Inc. has a one year low of $112.30 and a one year high of $162.68. The company has a market cap of $172.56 billion, a price-to-earnings ratio of 31.84, a PEG ratio of 3.57 and a beta of 0.73.

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 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.05. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. The firm had revenue of $17.74 billion for the quarter, compared to analysts' expectations of $17.36 billion. During the same quarter in the prior year, the firm posted $1.23 earnings per share. The business's quarterly revenue was up 8.5% on a year-over-year basis. 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. Analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TJX has been the topic of several recent research reports. Guggenheim upgraded TJX Companies to a "strong-buy" rating in a research report on Wednesday, December 10th. Telsey Advisory Group lifted their price target on TJX Companies from $170.00 to $175.00 and gave the company an "outperform" rating in a research report on Thursday, February 26th. TD Cowen reiterated a "buy" rating on shares of TJX Companies in a research note on Thursday, November 20th. Sanford C. Bernstein reissued an "outperform" rating and set a $170.00 price objective on shares of TJX Companies in a report on Tuesday, January 6th. Finally, The Goldman Sachs Group raised their target price on TJX Companies from $163.00 to $170.00 and gave the stock a "buy" rating in a research note on Thursday, November 20th. Three analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the stock. According to data from MarketBeat.com, TJX Companies currently has a consensus rating of "Buy" and a consensus 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.

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