Dakota Wealth Management Has $31.74 Million Stock Holdings in The TJX Companies, Inc. $TJX

Key Points

• Dakota Wealth Management increased its stake in The TJX Companies by 54.8% in Q4 to 206,621 shares, valued at about $31.74 million after purchasing an additional 73,111 shares.
• TJX beat Q4 expectations with EPS of $1.43 (vs. $1.38 est.) and $17.74 billion in revenue, set FY2027 EPS guidance of 4.930–5.020, and carries a consensus analyst rating of Buy with an average price target of $167.55.
• Institutional ownership stands at 91.09%—large funds like Norges Bank, AllianceBernstein and Amundi have added sizable positions—while CEO Ernie Herrman sold 30,000 shares (~$4.83M), reducing his holding by 5.89%.

Dakota Wealth Management lifted its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 54.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 206,621 shares of the apparel and home fashions retailer's stock after purchasing an additional 73,111 shares during the quarter. Dakota Wealth Management's holdings in TJX Companies were worth $31,739,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in TJX Companies in the second quarter valued at about $1,808,774,000. Alliancebernstein L.P. increased its holdings in shares of TJX Companies by 91.6% during the third quarter. Alliancebernstein L.P. now owns 6,712,226 shares of the apparel and home fashions retailer's stock worth $970,185,000 after buying an additional 3,208,458 shares in the last quarter. Corient Private Wealth LLC raised its stake in shares of TJX Companies by 120.7% in the second quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer's stock valued at $620,406,000 after acquiring an additional 2,743,676 shares during the last quarter. Amundi boosted its holdings in shares of TJX Companies by 22.1% in the 3rd quarter. Amundi now owns 9,725,542 shares of the apparel and home fashions retailer's stock worth $1,391,822,000 after acquiring an additional 1,761,281 shares in the last quarter. Finally, Mackenzie Financial Corp boosted its holdings in shares of TJX Companies by 81.2% in the 3rd quarter. Mackenzie Financial Corp now owns 3,198,579 shares of the apparel and home fashions retailer's stock worth $462,323,000 after acquiring an additional 1,433,801 shares in the last quarter. 91.09% of the stock is owned by institutional investors.

TJX Companies Stock Down 1.3%

Shares of TJX opened at $157.62 on Friday. The firm has a market capitalization of $175.03 billion, a price-to-earnings ratio of 32.30, a PEG ratio of 3.67 and a beta of 0.73. 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 business's fifty day moving average price is $155.61 and its two-hundred day moving average price is $150.41. The TJX Companies, Inc. has a 52 week low of $116.37 and a 52 week high of $162.68.

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, beating the consensus estimate of $1.38 by $0.05. The business had revenue of $17.74 billion for the quarter, compared to analyst estimates of $17.36 billion. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The firm's revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. On average, analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. 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 report on Monday, February 23rd. Guggenheim upgraded TJX Companies to a "strong-buy" rating in a report on Wednesday, December 10th. BTIG Research restated a "buy" rating and issued a $185.00 target price (up from $165.00) on shares of TJX Companies in a research note on Thursday, February 26th. Wall Street Zen cut TJX Companies from a "buy" rating to a "hold" rating in a report on Saturday, February 28th. Finally, Weiss Ratings reiterated a "buy (b+)" rating on shares of TJX Companies in a research report on Wednesday, January 21st. Three investment analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $167.55.

Insider Transactions at TJX Companies

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 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 directly 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 document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.13% of the company's stock.

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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