Kerusso Capital Management LLC Decreases Position in The TJX Companies, Inc. $TJX

Key Points

• Kerusso Capital cut its stake in The TJX Companies by 24.4% in Q4, selling 6,749 shares and leaving it with 20,890 shares valued at about $3.21 million.
• CEO Ernie Herrman sold 30,000 shares at an average of $160.95 (a 5.89% reduction in his holding); company insiders own 0.13% of TJX while institutional investors hold roughly 91.09%.
• TJX beat Q4 estimates (EPS $1.43 vs $1.38; revenue $17.74B, +8.5%), issued FY‑2027 EPS guidance of 4.93–5.02, and raised its quarterly dividend to $0.48 (annual $1.92, ~1.2% yield); analysts largely rate the stock a Buy with a consensus target of $167.55.

Kerusso Capital Management LLC lessened its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 24.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,890 shares of the apparel and home fashions retailer's stock after selling 6,749 shares during the period. Kerusso Capital Management LLC's holdings in TJX Companies were worth $3,209,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in TJX Companies by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 101,961,786 shares of the apparel and home fashions retailer's stock valued at $14,737,557,000 after buying an additional 820,730 shares during the period. Capital International Investors boosted its position in TJX Companies by 4.2% in the 3rd quarter. Capital International Investors now owns 15,678,165 shares of the apparel and home fashions retailer's stock valued at $2,266,066,000 after buying an additional 630,574 shares during the period. Ameriprise Financial Inc. boosted its position in TJX Companies by 3.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 13,391,533 shares of the apparel and home fashions retailer's stock valued at $1,939,435,000 after buying an additional 392,097 shares during the period. Amundi boosted its position in 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 valued at $1,391,822,000 after buying an additional 1,761,281 shares during the period. Finally, Nordea Investment Management AB boosted its position in TJX Companies by 6.0% in the 4th quarter. Nordea Investment Management AB now owns 7,479,163 shares of the apparel and home fashions retailer's stock valued at $1,155,830,000 after buying an additional 420,232 shares during the period. Hedge funds and other institutional investors own 91.09% of the company's stock.

Insiders Place Their Bets

In related news, CEO Ernie Herrman sold 30,000 shares of the business'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 completion of the sale, the chief executive officer directly owned 479,316 shares of the company's stock, valued at $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 is available at this hyperlink. 0.13% of the stock is currently owned by company insiders.

TJX Companies Price Performance

Shares of TJX opened at $158.42 on Friday. 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 cap of $175.34 billion, a PE ratio of 32.46, a price-to-earnings-growth ratio of 3.64 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 firm has a fifty day moving average price of $158.40 and a 200 day moving average price of $153.02.

TJX Companies (NYSE:TJX - Get Free Report) last announced 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 net margin of 9.10% and a return on equity of 57.70%. 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 previous year, the company earned $1.23 earnings per share. TJX Companies's quarterly revenue was up 8.5% compared to the same quarter last year. 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, sell-side analysts anticipate that The TJX Companies, Inc. will post 5.06 EPS for the current year.

TJX Companies Increases Dividend

The business also recently declared 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%. This is a boost from TJX Companies's previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Thursday, May 14th. TJX Companies's dividend payout ratio is presently 34.84%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on TJX shares. UBS Group reissued a "buy" rating on shares of TJX Companies in a research report on Wednesday, March 4th. Argus raised shares of TJX Companies to a "strong-buy" rating in a research report on Tuesday, March 3rd. Telsey Advisory Group lifted their price objective on shares of TJX Companies from $170.00 to $175.00 and gave the stock an "outperform" rating in a research report on Thursday, February 26th. Wall Street Zen raised shares of TJX Companies from a "hold" rating to a "buy" rating in a research report on Saturday, March 28th. Finally, Weiss Ratings raised shares of TJX Companies from a "buy (b+)" rating to a "buy (a-)" rating in a research report on Wednesday, April 1st. Four analysts have rated the stock with a Strong Buy rating and twenty-one have given a Buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target 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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