Mitsubishi UFJ Trust & Banking Corp Sells 33,170 Shares of The TJX Companies, Inc. $TJX

Key Points

• Mitsubishi UFJ Trust & Banking Corp trimmed its stake in The TJX Companies by 3.9%, selling 33,170 shares in Q4 and ending the period with 806,667 shares worth about $123.9 million (≈0.07% of the company).
• Wall Street sentiment is bullish: several firms raised ratings and price targets (JPMorgan to $173, BTIG to $185), and the consensus rating is a Buy with a $167.55 target.
• TJX beat Q4 expectations on both EPS and revenue, issued FY2027 EPS guidance of $4.93–$5.02, and raised its quarterly dividend to $0.48 (annualized $1.92, ~1.2% yield).

Mitsubishi UFJ Trust & Banking Corp lessened its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 3.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 806,667 shares of the apparel and home fashions retailer's stock after selling 33,170 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.07% of TJX Companies worth $123,912,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TJX. Brighton Jones LLC increased its position 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 worth $1,817,000 after buying an additional 8,002 shares during the period. 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 grew its stake in shares of TJX Companies by 32.9% in 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 last quarter. United Bank grew its stake in shares of TJX Companies by 7.6% in 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 last quarter. Finally, Schnieders Capital Management LLC. bought a new position in TJX Companies during the second quarter worth $244,000. Institutional investors and hedge funds own 91.09% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on TJX shares. JPMorgan Chase & Co. increased their price target on shares of TJX Companies from $154.00 to $173.00 and gave the company an "overweight" rating in a report on Monday, February 23rd. BTIG Research restated 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. Weiss Ratings raised TJX Companies from a "buy (b+)" rating to a "buy (a-)" rating in a research report on Wednesday, April 1st. Argus raised TJX Companies to a "strong-buy" rating in a report on Tuesday, March 3rd. Finally, UBS Group reiterated a "buy" rating on shares of TJX Companies in a research report on Wednesday, March 4th. Four equities research analysts have rated the stock with a Strong Buy rating and twenty-one have given a Buy rating to the company. According to MarketBeat.com, TJX Companies currently has a consensus rating of "Buy" and a consensus target price of $167.55.

TJX Companies Stock Performance

NYSE TJX opened at $157.65 on Tuesday. The TJX Companies, Inc. has a twelve month low of $119.84 and a twelve month high of $165.82. The company has a quick ratio of 0.59, a current ratio of 1.14 and a debt-to-equity ratio of 0.18. The stock has a market cap of $174.49 billion, a P/E ratio of 32.31, a PEG ratio of 3.61 and a beta of 0.73. 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 quarterly earnings data 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 company had revenue of $17.74 billion for the quarter, compared to the consensus estimate of $17.36 billion. During the same period in the previous year, the business 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 forecast that The TJX Companies, Inc. will post 5.06 earnings per share for the current fiscal year.

TJX Companies Increases Dividend

The business also recently declared 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 represents a $1.92 dividend on an annualized basis and a yield of 1.2%. This is a positive change from TJX Companies's previous quarterly dividend of $0.43. The ex-dividend date is Thursday, May 14th. TJX Companies's dividend payout ratio (DPR) is currently 34.84%.

Insiders Place Their Bets

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction on 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 directly owned 479,316 shares in the company, valued at $77,145,910.20. This represents a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.13% of the stock is owned by company insiders.

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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