Bokf Na Acquires 7,328 Shares of The TJX Companies, Inc. $TJX

Key Points

• Bokf Na boosted its stake in The TJX Companies by 9.1% in Q3, buying 7,328 shares to hold 88,296 shares worth $12,762,000 per its latest 13F filing.
• CEO Ernie Herrman sold 30,000 TJX shares on March 2 at an average $160.95 for $4,828,500, trimming his position by 5.89% to 479,316 shares.
• TJX topped estimates with Q4 EPS of $1.43 and revenue of $17.74B, issued FY2027 EPS guidance of 4.930–5.020, and carries a consensus "Buy" rating with a $167.55 price target from analysts.

Bokf Na grew its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 9.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 88,296 shares of the apparel and home fashions retailer's stock after buying an additional 7,328 shares during the quarter. Bokf Na's holdings in TJX Companies were worth $12,762,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Banco Santander S.A. grew its holdings in shares of TJX Companies by 24.6% during 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 purchasing an additional 31,631 shares during the last quarter. Bank of Nova Scotia raised its holdings in shares of TJX Companies by 129.9% in the second 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 during the last quarter. Empowered Funds LLC lifted its position in TJX Companies by 66.6% during the 2nd quarter. Empowered Funds LLC now owns 76,998 shares of the apparel and home fashions retailer's stock worth $9,508,000 after buying an additional 30,779 shares in the last quarter. Rheos Capital Works Inc. grew its holdings in TJX Companies by 26.0% during the 3rd quarter. Rheos Capital Works Inc. now owns 370,000 shares of the apparel and home fashions retailer's stock worth $53,480,000 after acquiring an additional 76,400 shares during the last quarter. Finally, Wealthfront Advisers LLC grew its holdings in TJX Companies by 4.9% during the 3rd quarter. Wealthfront Advisers LLC now owns 171,820 shares of the apparel and home fashions retailer's stock worth $24,835,000 after acquiring an additional 8,006 shares during the last quarter. 91.09% of the stock is owned by institutional investors.

Insider Buying and Selling at TJX Companies

In related 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 owned 479,316 shares of the company's stock, valued at $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 this link. 0.13% of the stock is owned by corporate insiders.

TJX Companies Trading Down 1.1%

NYSE TJX opened at $157.78 on Thursday. The TJX Companies, Inc. has a 12 month low of $112.10 and a 12 month high of $162.68. The stock has a 50-day simple moving average of $155.50 and a 200 day simple moving average of $149.09. 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 company has a market capitalization of $175.21 billion, a PE ratio of 32.33, a P/E/G ratio of 3.67 and a beta of 0.73.

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, topping analysts' consensus estimates of $1.38 by $0.05. The firm had revenue of $17.74 billion for 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 company's revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.23 earnings per share. 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 forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

Analyst Upgrades and Downgrades

TJX has been the subject of several research reports. The Goldman Sachs Group raised their price objective on shares of TJX Companies from $163.00 to $170.00 and gave the company a "buy" rating in a research report on Thursday, November 20th. Sanford C. Bernstein reissued an "outperform" rating and set a $170.00 price target on shares of TJX Companies in a research note on Tuesday, January 6th. Telsey Advisory Group raised their price target on shares of TJX Companies from $170.00 to $175.00 and gave the company an "outperform" rating in a report on Thursday, February 26th. Barclays boosted their price objective on shares of TJX Companies from $172.00 to $183.00 and gave the stock an "overweight" rating in a research report on Thursday, February 26th. Finally, Deutsche Bank Aktiengesellschaft set a $184.00 price objective on TJX Companies in a research report on Thursday, January 8th. Three analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $167.55.

TJX Companies 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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