Cambiar Investors LLC Lowers Stock Position in The TJX Companies, Inc. $TJX

Key Points

• Cambiar Investors LLC trimmed its stake in The TJX Companies by 3.4% in Q4, selling 6,373 shares and ending the quarter with 180,477 shares worth about $27.72 million.
• Analyst sentiment is broadly positive — MarketBeat shows a consensus Buy with a $167.55 price target after TJX beat Q4 EPS/revenue expectations and issued FY2027 EPS guidance of $4.93–$5.02.
• Insider and shareholder moves: CEO Ernie Herrman sold 30,000 shares at an average $160.95 (reducing his stake by 5.89%), and TJX raised its quarterly dividend to $0.48 ($1.92 annualized, ~1.2% yield).

Cambiar Investors LLC lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 3.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 180,477 shares of the apparel and home fashions retailer's stock after selling 6,373 shares during the quarter. Cambiar Investors LLC's holdings in TJX Companies were worth $27,723,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Miller Global Investments LLC purchased a new position in TJX Companies during the fourth quarter worth about $28,000. Dogwood Wealth Management LLC boosted its stake in TJX Companies by 102.2% during the third quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer's stock worth $26,000 after buying an additional 92 shares during the period. Imprint Wealth LLC purchased a new position in TJX Companies during the third quarter worth about $27,000. GGM Financials LLC purchased a new position in TJX Companies during the third quarter worth about $27,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in TJX Companies during the third quarter worth about $28,000. Hedge funds and other institutional investors own 91.09% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on TJX. Wall Street Zen raised shares of TJX Companies from a "hold" rating to a "buy" rating in a research note on Saturday, March 28th. Wells Fargo & Company reissued a "positive" rating and set a $150.00 price target (up from $145.00) on shares of TJX Companies in a research report on Tuesday, December 16th. BTIG Research reissued a "buy" rating and set a $185.00 price target (up from $165.00) on shares of TJX Companies in a research report on Thursday, February 26th. JPMorgan Chase & Co. increased their price target on shares of TJX Companies from $154.00 to $173.00 and gave the stock an "overweight" rating in a research report on Monday, February 23rd. Finally, Weiss Ratings raised shares of TJX Companies from a "buy (b+)" rating to a "buy (a-)" rating in a research report on Wednesday, April 1st. Four research analysts have rated the stock with a Strong Buy rating and twenty-one have given a Buy rating to the company. According to MarketBeat.com, TJX Companies presently has a consensus rating of "Buy" and a consensus price target of $167.55.

Insiders Place Their Bets

In related news, CEO Ernie Herrman sold 30,000 shares of the firm's stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $160.95, for a total value of $4,828,500.00. Following the sale, 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 ownership of the stock. 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 company insiders.

TJX Companies Stock Down 2.0%

Shares of TJX opened at $161.63 on Friday. The stock has a market capitalization of $178.89 billion, a PE ratio of 33.12, a P/E/G ratio of 3.72 and a beta of 0.73. The TJX Companies, Inc. has a 1 year low of $119.84 and a 1 year high of $165.82. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.14. The company's 50-day simple moving average is $157.35 and its 200-day simple moving average is $152.04.

TJX Companies (NYSE:TJX - Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.05. The business had revenue of $17.74 billion for 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% on a year-over-year basis. During the same quarter in the prior year, the company 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. Analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 14th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 1.2%. This is a positive change from TJX Companies's previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Thursday, May 14th. TJX Companies's dividend payout ratio is 34.84%.

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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