The TJX Companies, Inc. $TJX Shares Sold by Bartlett & CO. Wealth Management LLC

Key Points

• Bartlett & CO. Wealth Management trimmed its TJX position by 1.2%, selling 12,773 shares and now holds 1,009,661 shares (about 0.09% of TJX), making it the firm's 10th-largest position (~2.0% of its portfolio).
• TJX beat Q4 expectations, reporting $1.43 EPS vs. $1.38 consensus and $17.74B revenue (+8.5% YoY), issued FY2027 guidance of $4.93–5.02 EPS, and raised its quarterly dividend to $0.48 (annualized $1.92, ~1.2% yield).
• Institutional and analyst backing remains strong: institutions own 91.09% of shares, the consensus rating is "Buy" with an average target of $167.55, and the stock carries a market cap of about $178.9B near its 52-week high.

Bartlett & CO. Wealth Management LLC decreased its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,009,661 shares of the apparel and home fashions retailer's stock after selling 12,773 shares during the period. TJX Companies accounts for approximately 2.0% of Bartlett & CO. Wealth Management LLC's portfolio, making the stock its 10th biggest position. Bartlett & CO. Wealth Management LLC owned about 0.09% of TJX Companies worth $155,094,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in TJX Companies by 0.8% during the third quarter. Vanguard Group Inc. now owns 101,961,786 shares of the apparel and home fashions retailer's stock valued at $14,737,557,000 after purchasing an additional 820,730 shares during the last quarter. Capital International Investors raised its holdings in TJX Companies by 4.2% during the third quarter. Capital International Investors now owns 15,678,165 shares of the apparel and home fashions retailer's stock valued at $2,266,066,000 after buying an additional 630,574 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in TJX Companies by 3.0% during the third quarter. Ameriprise Financial Inc. now owns 13,391,533 shares of the apparel and home fashions retailer's stock valued at $1,939,435,000 after buying an additional 392,097 shares in the last quarter. Amundi raised its holdings in TJX Companies by 22.1% during the third quarter. Amundi now owns 9,725,542 shares of the apparel and home fashions retailer's stock valued at $1,391,822,000 after buying an additional 1,761,281 shares in the last quarter. Finally, Nordea Investment Management AB raised its holdings in TJX Companies by 6.0% during the fourth quarter. Nordea Investment Management AB now owns 7,479,163 shares of the apparel and home fashions retailer's stock valued at $1,155,830,000 after buying an additional 420,232 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company's stock.

TJX Companies Stock Down 2.0%

NYSE TJX opened at $161.63 on Friday. The stock has a fifty day moving average of $157.35 and a 200-day moving average of $151.96. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.14. The stock has a market capitalization of $178.89 billion, a P/E ratio of 33.12, a price-to-earnings-growth ratio of 3.79 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 posted its quarterly 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. The company had revenue of $17.74 billion for the quarter, compared to the consensus estimate 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 quarter in the prior year, the business 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. On average, equities research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th will be paid a $0.48 dividend. This is an increase from TJX Companies's previous quarterly dividend of $0.43. 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%. TJX Companies's dividend payout ratio (DPR) is currently 34.84%.

Analyst Ratings Changes

Several equities analysts have weighed in on TJX shares. Wells Fargo & Company restated a "positive" rating and set a $150.00 target price (up from $145.00) on shares of TJX Companies in a report on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft set a $184.00 target price on TJX Companies in a research report on Thursday, January 8th. JPMorgan Chase & Co. lifted their target price on TJX Companies from $154.00 to $173.00 and gave the stock an "overweight" rating in a research report on Monday, February 23rd. UBS Group reissued a "buy" rating on shares of TJX Companies in a research report on Wednesday, March 4th. Finally, Argus raised TJX Companies to a "strong-buy" rating in a research report on Tuesday, March 3rd. Four analysts have rated the stock with a Strong Buy rating and twenty-one have assigned a Buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $167.55.

Insider Buying and Selling at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of the 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 transaction, the chief executive officer 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 document filed with the SEC, which is available through this hyperlink. 0.13% of the stock is currently owned by company insiders.

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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