The TJX Companies, Inc. $TJX Shares Sold by Arlington Trust Co LLC

Key Points

• Arlington Trust trimmed its TJX stake by 92.5% in Q4, selling 15,515 shares and leaving 1,252 shares worth $192,000, and CEO Ernie Herrman sold 30,000 shares for about $4.83M, a 5.89% reduction in his position.
• TJX beat Q4 estimates with $1.43 EPS (vs. $1.38 expected) and $17.74B revenue, set FY2027 guidance of $4.93–$5.02 EPS, and raised its quarterly dividend to $0.48 (1.2% yield).
• Analysts remain bullish with a consensus "Buy" and an average target of $167.55, while the stock trades around $157.65 and the company has a market cap near $174.5B.

Arlington Trust Co LLC trimmed its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 92.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,252 shares of the apparel and home fashions retailer's stock after selling 15,515 shares during the quarter. Arlington Trust Co LLC's holdings in TJX Companies were worth $192,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Trust Point Inc. increased its position in shares of TJX Companies by 1.3% during the fourth quarter. Trust Point Inc. now owns 5,227 shares of the apparel and home fashions retailer's stock worth $803,000 after purchasing an additional 66 shares in the last quarter. Jaffetilchin Investment Partners LLC increased its position in shares of TJX Companies by 1.6% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 4,236 shares of the apparel and home fashions retailer's stock worth $651,000 after purchasing an additional 66 shares in the last quarter. Tempus Wealth Planning LLC increased its position in shares of TJX Companies by 0.5% during the fourth quarter. Tempus Wealth Planning LLC now owns 12,277 shares of the apparel and home fashions retailer's stock worth $1,886,000 after purchasing an additional 67 shares in the last quarter. Sound Income Strategies LLC increased its position in shares of TJX Companies by 3.0% during the fourth quarter. Sound Income Strategies LLC now owns 2,355 shares of the apparel and home fashions retailer's stock worth $371,000 after purchasing an additional 69 shares in the last quarter. Finally, Bigelow Investment Advisors LLC increased its position in shares of TJX Companies by 0.6% during the fourth quarter. Bigelow Investment Advisors LLC now owns 11,006 shares of the apparel and home fashions retailer's stock worth $1,691,000 after purchasing an additional 69 shares in the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the company's stock in a transaction on 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 completion of the sale, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.13% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

TJX has been the subject of several research reports. Telsey Advisory Group boosted their price target on TJX Companies from $170.00 to $175.00 and gave the stock an "outperform" rating in a research report on Thursday, February 26th. UBS Group reiterated a "buy" rating on shares of TJX Companies in a research report on Wednesday, March 4th. Sanford C. Bernstein reiterated an "outperform" rating and set a $170.00 price target on shares of TJX Companies in a research report on Tuesday, January 6th. Wall Street Zen upgraded TJX Companies from a "hold" rating to a "buy" rating in a research report on Saturday, March 28th. Finally, Deutsche Bank Aktiengesellschaft set a $184.00 price target on TJX Companies in a research report on Thursday, January 8th. Four research analysts have rated the stock with a Strong Buy rating and twenty-one have issued a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $167.55.

TJX Companies Stock Up 0.4%

Shares of NYSE:TJX opened at $157.65 on Tuesday. 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 business has a fifty day moving average of $158.51 and a two-hundred day moving average of $153.41. 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 TJX Companies, Inc. has a 52-week low of $119.84 and a 52-week high of $165.82.

TJX Companies (NYSE:TJX - Get Free Report) last issued its earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.05. The company had revenue of $17.74 billion during the quarter, compared to analysts' expectations of $17.36 billion. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The firm's quarterly revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the business earned $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. On average, research analysts expect that The TJX Companies, Inc. will post 5.06 earnings per share for the current year.

TJX Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, May 14th. This is an increase from TJX Companies's previous quarterly dividend of $0.43. TJX Companies's dividend payout ratio (DPR) 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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