The TJX Companies, Inc. $TJX Shares Sold by Beck Bode LLC

Key Points

• Beck Bode LLC reduced its holdings in The TJX Companies by 36.8%, owning 4,522 shares worth approximately $551,000 after selling 2,634 shares in the first quarter.
• Multiple institutional investors, including Truvestments Capital LLC and Ieq Capital LLC, have significantly increased their stakes in TJX Companies during the same quarter, indicating strong institutional interest.
• The company's quarterly earnings report revealed an EPS of $1.10, surpassing analyst expectations, and a revenue of $14.40 billion, reflecting a 6.9% year-over-year growth.

Beck Bode LLC cut its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 36.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,522 shares of the apparel and home fashions retailer's stock after selling 2,634 shares during the period. Beck Bode LLC's holdings in TJX Companies were worth $551,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of TJX. Clear Creek Financial Management LLC lifted its holdings in shares of TJX Companies by 1.8% during the first quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer's stock valued at $586,000 after purchasing an additional 83 shares during the last quarter. Knuff & Co LLC grew its position in shares of TJX Companies by 8.5% during the 1st quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer's stock valued at $129,000 after acquiring an additional 83 shares during the period. Salem Investment Counselors Inc. grew its position in shares of TJX Companies by 2.2% during the 1st quarter. Salem Investment Counselors Inc. now owns 3,986 shares of the apparel and home fashions retailer's stock valued at $485,000 after acquiring an additional 86 shares during the period. Financial Network Wealth Advisors LLC grew its position in shares of TJX Companies by 7.8% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 1,207 shares of the apparel and home fashions retailer's stock valued at $147,000 after acquiring an additional 87 shares during the period. Finally, Amplius Wealth Advisors LLC lifted its stake in shares of TJX Companies by 4.2% during the 1st quarter. Amplius Wealth Advisors LLC now owns 2,324 shares of the apparel and home fashions retailer's stock valued at $283,000 after buying an additional 93 shares in the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Stock Performance

Shares of NYSE:TJX traded down $0.49 during midday trading on Friday, reaching $136.63. The company's stock had a trading volume of 4,116,829 shares, compared to its average volume of 5,607,160. The firm has a market capitalization of $152.63 billion, a PE ratio of 31.12, a P/E/G ratio of 3.07 and a beta of 0.89. The TJX Companies, Inc. has a twelve month low of $111.22 and a twelve month high of $145.58. The stock has a fifty day moving average of $128.35 and a 200 day moving average of $125.88. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.

TJX Companies (NYSE:TJX - Get Free Report) last released its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, beating analysts' consensus estimates of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company had revenue of $14.40 billion during the quarter, compared to analysts' expectations of $14.12 billion. During the same quarter in the previous year, the company earned $0.96 earnings per share. The firm's revenue for the quarter was up 6.9% on a year-over-year basis. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. On average, equities analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 14th. TJX Companies's dividend payout ratio is currently 38.72%.

Insider Transactions at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 950 shares of the business's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $128.09, for a total value of $121,685.50. Following the transaction, the director directly owned 22,712 shares in the company, valued at $2,909,180.08. The trade was a 4.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.13% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have commented on TJX shares. JPMorgan Chase & Co. boosted their price target on shares of TJX Companies from $145.00 to $148.00 and gave the stock an "overweight" rating in a research note on Thursday, August 21st. Evercore ISI upped their target price on shares of TJX Companies from $150.00 to $162.00 and gave the company an "outperform" rating in a research report on Thursday, August 21st. Macquarie reiterated a "buy" rating on shares of TJX Companies in a report on Monday, August 11th. Telsey Advisory Group restated an "outperform" rating and issued a $155.00 target price (up from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. Finally, Daiwa America upgraded shares of TJX Companies to a "strong-buy" rating in a research note on Tuesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, TJX Companies has a consensus rating of "Buy" and an average price target of $147.58.

TJX Companies Company Profile

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.