Crestwood Advisors Group LLC Sells 15,578 Shares of The TJX Companies, Inc. $TJX

Key Points

• Crestwood Advisors Group LLC trimmed its stake in The TJX Companies by 3.3% in Q4, selling 15,578 shares and now owning 462,572 shares worth about $71.06 million (≈1.2% of the firm's holdings and its 21st largest position).
• CEO Ernie Herrman sold 30,000 shares on March 2 at an average price of $160.95 for roughly $4.83 million, reducing his position by about 5.9%; insiders now own roughly 0.13% of the company.
• TJX beat Q4 EPS and revenue estimates, provided FY2027 EPS guidance of $4.93–5.02, has broad analyst support (consensus rating: Buy, target $167.55), and raised its quarterly dividend to $0.48 (1.2% yield).

Crestwood Advisors Group LLC trimmed its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 3.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 462,572 shares of the apparel and home fashions retailer's stock after selling 15,578 shares during the quarter. TJX Companies makes up approximately 1.2% of Crestwood Advisors Group LLC's holdings, making the stock its 21st biggest position. Crestwood Advisors Group LLC's holdings in TJX Companies were worth $71,056,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Bluebird Wealth Management LLC bought a new position in TJX Companies in the 4th quarter worth approximately $1,925,000. Cabot Wealth Management Inc. boosted its stake in 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 worth $17,543,000 after purchasing an additional 598 shares during the period. Sequoia Financial Advisors LLC boosted its stake in 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 worth $35,044,000 after purchasing an additional 12,027 shares during the period. WealthShield Partners LLC boosted its stake in TJX Companies by 0.9% in the 4th quarter. WealthShield Partners LLC now owns 33,888 shares of the apparel and home fashions retailer's stock worth $5,206,000 after purchasing an additional 289 shares during the period. Finally, Gateway Investment Advisers LLC boosted its stake in TJX Companies by 65.6% in the 4th quarter. Gateway Investment Advisers LLC now owns 19,966 shares of the apparel and home fashions retailer's stock worth $3,067,000 after purchasing an additional 7,908 shares during the period. 91.09% of the stock is currently owned by institutional investors.

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 stock was sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the sale, the chief executive officer owned 479,316 shares in the company, valued at approximately $77,145,910.20. This represents a 5.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.13% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Barclays upped their price target on TJX Companies from $172.00 to $183.00 and gave the stock an "overweight" rating in a research note on Thursday, February 26th. Argus upgraded TJX Companies to a "strong-buy" rating in a research report on Tuesday, March 3rd. UBS Group reiterated a "buy" rating on shares of TJX Companies in a research report on Wednesday, March 4th. Wall Street Zen upgraded TJX Companies from a "hold" rating to a "buy" rating in a research report on Saturday, March 28th. Finally, Weiss Ratings upgraded TJX Companies from a "buy (b+)" rating to a "buy (a-)" rating in a research report on Wednesday, April 1st. Four investment analysts have rated the stock with a Strong Buy rating and twenty-one have assigned a Buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $167.55.

TJX Companies Stock Down 0.7%

NYSE TJX opened at $154.39 on Friday. 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 has a market capitalization of $170.73 billion, a P/E ratio of 31.64, a P/E/G ratio of 3.57 and a beta of 0.64. The TJX Companies, Inc. has a one year low of $119.84 and a one year high of $165.82. The stock has a 50 day moving average price of $158.32 and a 200-day moving average price of $153.96.

TJX Companies (NYSE:TJX - Get Free Report) last posted its earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 EPS for the quarter, beating analysts' consensus estimates of $1.38 by $0.05. The firm had revenue of $17.74 billion during the quarter, compared to the consensus estimate of $17.36 billion. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The company's quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the prior 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. As a group, equities analysts predict that The TJX Companies, Inc. will post 5.06 EPS for the current fiscal year.

TJX Companies Increases Dividend

The business also recently declared 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. This represents a $1.92 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, May 14th. This is a boost from TJX Companies's previous quarterly dividend of $0.43. TJX Companies's payout ratio is currently 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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