Focus Partners Wealth Has $105.41 Million Holdings in The TJX Companies, Inc. $TJX

Key Points

• Focus Partners Wealth trimmed its stake in The TJX Companies by 1.3% in Q3, selling 9,672 shares and now owning 729,294 shares valued at roughly $105.41 million (about 0.07% of the company).
• TJX beat Q3 expectations with EPS of $1.43 versus $1.38 and revenue of $17.74 billion (up 8.5% YoY), provided FY2027 guidance of $4.93–$5.02 EPS, and carries a consensus analyst rating of "Buy" with a $167.55 target.
• CEO Ernie Herrman sold 30,000 shares at an average price of $160.95 (≈$4.83 million), reducing his position by 5.89% while still owning 479,316 shares; corporate insiders own about 0.13% of TJX.

Focus Partners Wealth lessened its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 1.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 729,294 shares of the apparel and home fashions retailer's stock after selling 9,672 shares during the quarter. Focus Partners Wealth owned approximately 0.07% of TJX Companies worth $105,408,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Dogwood Wealth Management LLC raised its stake in TJX Companies by 102.2% during the 3rd quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer's stock valued at $26,000 after purchasing an additional 92 shares during the period. Imprint Wealth LLC acquired a new stake in shares of TJX Companies in the third quarter worth $27,000. GGM Financials LLC acquired a new stake in shares of TJX Companies in the third quarter worth $27,000. Lavaca Capital LLC purchased a new position in shares of TJX Companies during the second quarter valued at $25,000. Finally, Highline Wealth Partners LLC grew its holdings in shares of TJX Companies by 65.0% during the third quarter. Highline Wealth Partners LLC now owns 231 shares of the apparel and home fashions retailer's stock valued at $33,000 after buying an additional 91 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company's stock.

TJX Companies Stock Performance

TJX opened at $155.40 on Monday. The stock has a 50-day moving average of $155.56 and a 200-day moving average of $149.45. 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 TJX Companies, Inc. has a 52-week low of $112.30 and a 52-week high of $162.68. The company has a market cap of $172.56 billion, a PE ratio of 31.84, a price-to-earnings-growth ratio of 3.57 and a beta of 0.73.

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 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 analyst estimates of $17.36 billion. During the same period in the previous year, the company earned $1.23 EPS. The company's revenue for the quarter 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, equities research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on TJX shares. Robert W. Baird set a $168.00 price target on TJX Companies in a research report on Wednesday, December 17th. Guggenheim raised TJX Companies to a "strong-buy" rating in a research note on Wednesday, December 10th. Morgan Stanley reiterated an "overweight" rating and issued a $162.00 target price (up from $159.00) on shares of TJX Companies in a report on Thursday, November 20th. Wells Fargo & Company reissued a "positive" rating and issued a $150.00 price target (up from $145.00) on shares of TJX Companies in a research report on Tuesday, December 16th. Finally, Barclays raised their price target on shares of TJX Companies from $172.00 to $183.00 and gave the stock an "overweight" rating in a report on Thursday, February 26th. Three equities research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $167.55.

Insider Activity

In related news, CEO Ernie Herrman sold 30,000 shares of the firm's stock in a transaction 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 transaction, the chief executive officer directly owned 479,316 shares in the company, valued at approximately $77,145,910.20. This trade represents a 5.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.13% of the company's stock.

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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