Sandro Wealth Management LLC Acquires Shares of 10,553 The TJX Companies, Inc. $TJX

Key Points

• Sandro Wealth Management LLC purchased 10,553 shares of TJX in Q4 valued at about $1.62 million, making the position roughly 1.3% of its portfolio and its 27th largest holding.
• CEO Ernie Herrman sold 30,000 TJX shares on March 2 for about $4.83 million (avg $160.95), reducing his stake by 5.89%; company insiders now own 0.13% of the stock.
• TJX beat quarterly estimates (EPS $1.43 vs. $1.38; revenue $17.74B), issued FY2027 guidance of $4.93–5.02 EPS, raised the quarterly dividend to $0.48, and enjoys mostly bullish analyst coverage with a consensus price target of $167.55.

Sandro Wealth Management LLC purchased a new stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 10,553 shares of the apparel and home fashions retailer's stock, valued at approximately $1,621,000. TJX Companies comprises approximately 1.3% of Sandro Wealth Management LLC's investment portfolio, making the stock its 27th largest holding.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Dogwood Wealth Management LLC increased its stake in shares of 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 valued at $26,000 after purchasing an additional 92 shares during the last quarter. GGM Financials LLC bought a new position in shares of TJX Companies in the 3rd quarter valued at $27,000. Joseph Group Capital Management bought a new position in shares of TJX Companies in the 4th quarter valued at $27,000. Imprint Wealth LLC bought a new position in shares of TJX Companies in the 3rd quarter valued at $27,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in shares of TJX Companies in the 3rd quarter valued at $28,000. Institutional investors own 91.09% of the company's stock.

Insider Activity at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the company's stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $160.95, for a total value of $4,828,500.00. Following the sale, the chief executive officer owned 479,316 shares in the company, valued at approximately $77,145,910.20. The trade was a 5.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.13% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on TJX. UBS Group reiterated a "buy" rating on shares of TJX Companies in a research note on Wednesday, March 4th. Argus upgraded TJX Companies to a "strong-buy" rating in a research note on Tuesday, March 3rd. JPMorgan Chase & Co. lifted their price target on TJX Companies from $154.00 to $173.00 and gave the company an "overweight" rating in a research note on Monday, February 23rd. Sanford C. Bernstein restated an "outperform" rating and set a $170.00 price objective on shares of TJX Companies in a research report on Tuesday, January 6th. Finally, BTIG Research restated a "buy" rating and set a $185.00 price objective (up from $165.00) on shares of TJX Companies in a research report on Thursday, February 26th. Four equities research analysts have rated the stock with a Strong Buy rating and twenty-one have issued a Buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $167.55.

TJX Companies Trading Up 0.1%

Shares of TJX stock opened at $156.94 on Friday. The firm has a market capitalization of $173.70 billion, a P/E ratio of 32.16, a P/E/G ratio of 3.60 and a beta of 0.64. 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's fifty day simple moving average is $158.51 and its 200 day simple moving average is $153.57.

TJX Companies (NYSE:TJX - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share for the quarter, topping analysts' consensus estimates of $1.38 by $0.05. The business had revenue of $17.74 billion for the quarter, compared to analyst estimates of $17.36 billion. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.TJX Companies's quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.23 EPS. 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 predict that The TJX Companies, Inc. will post 5.06 EPS 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 is a boost from TJX Companies's previous quarterly dividend of $0.43. The ex-dividend date is Thursday, May 14th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies's dividend payout ratio is presently 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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