James Hambro & Partners LLP Trims Position in The TJX Companies, Inc. $TJX

Key Points

• James Hambro & Partners trimmed its position in The TJX Companies by 8.4%, selling 63,204 shares and leaving it with 684,826 shares valued at about $105.21 million (roughly 3.8% of the firm's portfolio).
• CEO Ernie Herrman executed an insider sale of 30,000 shares at an average price of $160.95 on March 2, reducing his ownership by 5.89% to 479,316 shares.
• Analysts maintain a consensus Buy rating with a $167.55 target; TJX beat Q results (EPS $1.43 vs. $1.38), provided FY2027 guidance, and raised its quarterly dividend to $0.48 ($1.92 annual).

James Hambro & Partners LLP cut its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 8.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 684,826 shares of the apparel and home fashions retailer's stock after selling 63,204 shares during the period. TJX Companies accounts for approximately 3.8% of James Hambro & Partners LLP's portfolio, making the stock its 14th largest holding. James Hambro & Partners LLP owned approximately 0.06% of TJX Companies worth $105,210,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of TJX. Miller Global Investments LLC purchased a new position in TJX Companies during the fourth quarter valued at approximately $28,000. Dogwood Wealth Management LLC lifted its stake in TJX Companies by 102.2% in the 3rd quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer's stock worth $26,000 after purchasing an additional 92 shares in the last quarter. Imprint Wealth LLC bought a new position in TJX Companies in the 3rd quarter valued at $27,000. GGM Financials LLC bought a new position in TJX Companies in the 3rd quarter valued at $27,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in shares of TJX Companies during the 3rd quarter valued at $28,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Argus upgraded TJX Companies to a "strong-buy" rating in a research report on Tuesday, March 3rd. UBS Group restated a "buy" rating on shares of TJX Companies in a research report on Wednesday, March 4th. Telsey Advisory Group upped their target price on TJX Companies from $170.00 to $175.00 and gave the stock an "outperform" rating in a research note on Thursday, February 26th. Deutsche Bank Aktiengesellschaft set a $184.00 price target on TJX Companies in a report on Thursday, January 8th. Finally, BTIG Research reissued a "buy" rating and set a $185.00 price objective (up from $165.00) on shares of TJX Companies in a report on Thursday, February 26th. Three investment analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company. Based on data from MarketBeat, the stock 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 stock in a transaction that occurred on 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 $77,145,910.20. This trade represents a 5.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.13% of the stock is currently owned by corporate insiders.

TJX Companies Stock Up 0.3%

Shares of NYSE:TJX opened at $155.58 on Tuesday. The firm has a market capitalization of $172.76 billion, a PE ratio of 31.88, a price-to-earnings-growth ratio of 3.57 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 TJX Companies, Inc. has a 52-week low of $116.37 and a 52-week high of $162.68. The firm has a fifty day moving average of $155.53 and a 200 day moving average of $150.77.

TJX Companies (NYSE:TJX - Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share for the quarter, beating analysts' consensus estimates of $1.38 by $0.05. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The business had revenue of $17.74 billion for the quarter, compared to the consensus estimate of $17.36 billion. During the same quarter last year, the business posted $1.23 earnings per share. 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, research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Increases Dividend

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

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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