Flossbach Von Storch SE Purchases 9,445 Shares of The TJX Companies, Inc. $TJX

Key Points

• Flossbach Von Storch SE increased its stake in TJX by 8.4%, buying 9,445 shares to hold 121,907 shares valued at about $18.73 million, and institutional investors now own 91.09% of the company.
• TJX beat quarterly expectations (EPS $1.43 vs. $1.38; revenue $17.74B) and set FY2027 guidance of $4.930–5.020 EPS, prompting analyst upgrades and a consensus "Buy" rating with an average price target of $167.55.
• TJX raised its quarterly dividend to $0.48 ($1.92 annual, 1.2% yield; ex-dividend May 14), while CEO Ernie Herrman sold 30,000 shares at an average $160.95, reducing his ownership by 5.89%.

Flossbach Von Storch SE grew its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 8.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 121,907 shares of the apparel and home fashions retailer's stock after purchasing an additional 9,445 shares during the quarter. Flossbach Von Storch SE's holdings in TJX Companies were worth $18,726,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in TJX. Brighton Jones LLC grew its holdings in TJX Companies by 113.7% in the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock valued at $1,817,000 after buying an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in shares of TJX Companies by 12.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer's stock valued at $262,000 after acquiring an additional 235 shares during the period. Bison Wealth LLC increased its position in TJX Companies by 32.9% during the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer's stock worth $466,000 after acquiring an additional 955 shares during the period. United Bank increased its position in TJX Companies by 7.6% during the second quarter. United Bank now owns 16,298 shares of the apparel and home fashions retailer's stock worth $2,013,000 after acquiring an additional 1,155 shares during the period. Finally, Schnieders Capital Management LLC. acquired a new stake in TJX Companies in the 2nd quarter worth about $244,000. Institutional investors own 91.09% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on TJX shares. Barclays increased their target price 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. Weiss Ratings raised TJX Companies from a "buy (b+)" rating to a "buy (a-)" rating in a research report on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft set a $184.00 price objective on TJX Companies in a report on Thursday, January 8th. BTIG Research reissued a "buy" rating and set a $185.00 target price (up from $165.00) on shares of TJX Companies in a report on Thursday, February 26th. Finally, Telsey Advisory Group raised their price target on TJX Companies from $170.00 to $175.00 and gave the stock an "outperform" rating in a research report on Thursday, February 26th. Four equities research analysts have rated the stock with a Strong Buy rating and twenty-one have assigned a Buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of $167.55.

Insider Buying and Selling

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the business's stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 479,316 shares of the company's stock, valued at approximately $77,145,910.20. The trade was a 5.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.13% of the company's stock.

TJX Companies Stock Performance

Shares of NYSE:TJX opened at $157.65 on Tuesday. The TJX Companies, Inc. has a 1 year low of $119.84 and a 1 year high of $165.82. The stock has a market capitalization of $174.49 billion, a price-to-earnings ratio of 32.31, a price-to-earnings-growth ratio of 3.61 and a beta of 0.73. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.59. The company's 50 day simple moving average is $158.51 and its 200 day simple moving average is $153.41.

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, topping the consensus estimate of $1.38 by $0.05. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The firm had revenue of $17.74 billion during the quarter, compared to analysts' expectations of $17.36 billion. During the same period in the prior year, the company earned $1.23 earnings per share. The company's quarterly 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. As a group, research analysts predict that The TJX Companies, Inc. will post 5.06 EPS for the current fiscal year.

TJX Companies Increases Dividend

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

About TJX Companies

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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