Strs Ohio Has $64.80 Million Stock Holdings in The TJX Companies, Inc. $TJX

Key Points

• Strs Ohio trimmed its stake in The TJX Companies by 2.4% in Q4 and now holds 421,870 shares valued at approximately $64.80 million after selling 10,209 shares.
• CEO Ernie Herrman sold 30,000 shares at about $160.95 for roughly $4.83 million, reducing his position by 5.89% to 479,316 shares.
• TJX beat quarterly estimates (EPS $1.43 vs. $1.38; revenue $17.74B vs. $17.36B), set FY27 guidance of $4.93–$5.02 EPS, and raised its quarterly dividend to $0.48 ($1.92 annualized, ~1.2% yield).

Strs Ohio lessened its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 2.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 421,870 shares of the apparel and home fashions retailer's stock after selling 10,209 shares during the quarter. Strs Ohio's holdings in TJX Companies were worth $64,803,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Joseph Group Capital Management acquired a new position in TJX Companies in the 4th quarter valued at approximately $27,000. Miller Global Investments LLC acquired a new position in TJX Companies in the 4th quarter valued at approximately $28,000. Dogwood Wealth Management LLC increased 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 valued at $26,000 after buying an additional 92 shares during the period. Imprint Wealth LLC acquired a new position in TJX Companies in the 3rd quarter valued at approximately $27,000. Finally, GGM Financials LLC acquired a new position in TJX Companies in the 3rd quarter valued at approximately $27,000. Institutional investors and hedge funds own 91.09% of the company's stock.

Insider Transactions at TJX Companies

In related news, CEO Ernie Herrman sold 30,000 shares of the firm'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 transaction, the chief executive officer directly owned 479,316 shares in the company, valued at approximately $77,145,910.20. This trade represents a 5.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.13% of the company's stock.

TJX Companies Stock Performance

Shares of TJX opened at $156.94 on Friday. The company's fifty day moving average is $158.51 and its 200-day moving average is $153.57. The TJX Companies, Inc. has a 12 month low of $119.84 and a 12 month high of $165.82. The firm has a market cap of $173.70 billion, a price-to-earnings ratio of 32.16, a price-to-earnings-growth ratio of 3.60 and a beta of 0.64. 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 announced its quarterly earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 EPS for the quarter, topping the consensus estimate of $1.38 by $0.05. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. The company had revenue of $17.74 billion for the quarter, compared to analyst estimates of $17.36 billion. During the same quarter in the prior year, the business posted $1.23 EPS. TJX Companies'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. Equities analysts expect that The TJX Companies, Inc. will post 5.06 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 paid 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 boost from TJX Companies's previous quarterly dividend of $0.43. TJX Companies's dividend payout ratio (DPR) is 34.84%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on TJX. Deutsche Bank Aktiengesellschaft set a $184.00 price objective on shares of TJX Companies in a research note on Thursday, January 8th. Barclays increased their price target on shares of TJX Companies from $172.00 to $183.00 and gave the stock an "overweight" rating in a research note on Thursday, February 26th. Argus upgraded shares of TJX Companies to a "strong-buy" rating in a research note on Tuesday, March 3rd. JPMorgan Chase & Co. increased their price target on shares of TJX Companies from $154.00 to $173.00 and gave the stock an "overweight" rating in a research note on Monday, February 23rd. Finally, Wall Street Zen upgraded shares of TJX Companies from a "hold" rating to a "buy" rating in a research note on Saturday, March 28th. Four research analysts have rated the stock with a Strong Buy rating and twenty-one have given a Buy rating to the company's stock. According to data from MarketBeat.com, TJX Companies currently has an average rating of "Buy" and an average price target of $167.55.

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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