Robeco Institutional Asset Management B.V. Has $230.54 Million Holdings in The TJX Companies, Inc. $TJX

Key Points

• Robeco Institutional Asset Management boosted its stake in The TJX Companies by 40.4%, acquiring 432,156 shares to hold 1,500,803 shares valued at about $230.54 million (roughly 0.14% of the company).
• TJX topped expectations with Q4 EPS of $1.43 (vs. $1.38 consensus) and revenue up 8.5%, issued FY2027 guidance of 4.930–5.020 EPS (Q1: 0.970–0.990), and raised its quarterly dividend to $0.48 ($1.92 annual, ~1.2% yield).
• CEO Ernie Herrman sold 30,000 shares at an average price of $160.95, trimming his holding by 5.89% to 479,316 shares; corporate insiders own about 0.13% of the stock.

Robeco Institutional Asset Management B.V. increased its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 40.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,500,803 shares of the apparel and home fashions retailer's stock after acquiring an additional 432,156 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.14% of TJX Companies worth $230,538,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in TJX. Brighton Jones LLC raised its holdings in shares of 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 acquiring an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of TJX Companies by 12.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer's stock worth $262,000 after acquiring an additional 235 shares during the last quarter. Bison Wealth LLC raised its holdings in shares of TJX Companies by 32.9% in the 4th 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 raised its holdings in shares of TJX Companies by 7.6% in the 2nd 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. acquired a new stake in shares of TJX Companies in the 2nd quarter worth about $244,000. Institutional investors and hedge funds own 91.09% of the company's stock.

Insider Buying and Selling at TJX Companies

In other 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 completion of the transaction, the chief executive officer directly owned 479,316 shares of the company's stock, valued at $77,145,910.20. This represents a 5.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.13% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on TJX. UBS Group restated a "buy" rating on shares of TJX Companies in a report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft set a $184.00 price objective on shares of TJX Companies in a research report on Thursday, January 8th. Telsey Advisory Group upped 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. BTIG Research reaffirmed a "buy" rating and issued a $185.00 price objective (up from $165.00) on shares of TJX Companies in a research report on Thursday, February 26th. Finally, Wall Street Zen raised shares of TJX Companies from a "hold" rating to a "buy" rating in a research report on Saturday, March 28th. 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, the stock presently has an average rating of "Buy" and a consensus price target of $167.55.

TJX Companies Stock Down 2.0%

TJX Companies stock opened at $161.63 on Friday. The TJX Companies, Inc. has a twelve month low of $119.84 and a twelve month high of $165.82. The firm has a 50 day moving average price of $157.35 and a 200-day moving average price of $152.04. The company has a market capitalization of $178.89 billion, a P/E ratio of 33.12, a P/E/G ratio of 3.72 and a beta of 0.73. The company has a quick ratio of 0.59, a current ratio of 1.14 and a debt-to-equity ratio of 0.18.

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, 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 the consensus estimate of $17.36 billion. During the same period in the prior year, the firm earned $1.23 EPS. The company's 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, equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Increases Dividend

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

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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