Cwm LLC Has $57.24 Million Stake in The TJX Companies, Inc. $TJX

Key Points

• Cwm LLC increased its stake in The TJX Companies to 372,642 shares (a 5.6% rise), valued at about $57.24 million after buying an additional 19,910 shares in Q4.
• TJX beat Q4 estimates with $1.43 EPS (vs. $1.38 expected) and $17.74 billion in revenue (up 8.5% YoY), and set FY2027 EPS guidance of 4.930–5.020 (Q1 guidance 0.970–0.990).
• The company raised its quarterly dividend to $0.48 (from $0.43), payable June 4, implying a $1.92 annualized dividend and a ~1.2% yield.

Cwm LLC boosted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 5.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 372,642 shares of the apparel and home fashions retailer's stock after buying an additional 19,910 shares during the quarter. Cwm LLC's holdings in TJX Companies were worth $57,242,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of TJX. Dogwood Wealth Management LLC increased its position 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 last quarter. GGM Financials LLC acquired a new position in TJX Companies during the third quarter worth $27,000. Imprint Wealth LLC acquired a new position in TJX Companies during the third quarter worth $27,000. KERR FINANCIAL PLANNING Corp acquired a new position in TJX Companies during the third quarter worth $28,000. Finally, Miller Global Investments LLC acquired a new stake in shares of TJX Companies in the fourth quarter valued at about $28,000. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Stock Up 0.0%

NYSE TJX opened at $160.34 on Thursday. 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 firm has a 50-day simple moving average of $157.83 and a 200 day simple moving average of $152.43. The TJX Companies, Inc. has a twelve month low of $119.84 and a twelve month high of $165.82. The stock has a market cap of $177.47 billion, a PE ratio of 32.86, a PEG ratio of 3.69 and a beta of 0.73.

TJX Companies (NYSE:TJX - Get Free Report) last released its earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share for the quarter, beating 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 business had revenue of $17.74 billion during the quarter, compared to analysts' expectations of $17.36 billion. During the same quarter last year, the company earned $1.23 earnings per share. The firm's 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. On average, research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Increases Dividend

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

Insider Buying and Selling at TJX Companies

In related news, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction dated 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 completion of the sale, the chief executive officer owned 479,316 shares in the company, valued at approximately $77,145,910.20. This trade represents a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.13% of the company's stock.

Wall Street Analyst Weigh In

TJX has been the topic of several research analyst reports. Telsey Advisory Group raised 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. UBS Group reaffirmed a "buy" rating on shares of TJX Companies in a research report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft set a $184.00 price target on TJX Companies in a research report on Thursday, January 8th. JPMorgan Chase & Co. raised their price target on TJX Companies from $154.00 to $173.00 and gave the company an "overweight" rating in a research report on Monday, February 23rd. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $170.00 price target on shares of TJX Companies in a research report on Tuesday, January 6th. Four analysts have rated the stock with a Strong Buy rating and twenty-one have given a Buy rating to the company. According to MarketBeat, TJX Companies presently has a consensus rating of "Buy" and a consensus target price 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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