The TJX Companies, Inc. $TJX Stake Raised by Swedbank AB

Key Points

• Swedbank AB increased its stake in The TJX Companies by 7.1% in Q4 to 1,118,952 shares worth about $171.9 million, and institutional investors now own roughly 91.09% of the company.
• CEO Ernie Herrman sold 30,000 shares on March 2 at an average price of $160.95, trimming his holding by 5.89%; corporate insiders own about 0.13% of TJX stock.
• TJX beat Q4 estimates with $1.43 EPS versus $1.38 expected and $17.74 billion revenue (up 8.5% YoY), issued FY2027 EPS guidance of $4.93–$5.02, and raised its quarterly dividend to $0.48 (annualized $1.92, ~1.2% yield).

Swedbank AB boosted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 7.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,118,952 shares of the apparel and home fashions retailer's stock after acquiring an additional 74,356 shares during the quarter. Swedbank AB owned 0.10% of TJX Companies worth $171,882,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of TJX Companies by 3.1% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,745,278 shares of the apparel and home fashions retailer's stock valued at $423,531,000 after purchasing an additional 83,222 shares during the period. Providence First Trust Co acquired a new stake in shares of TJX Companies during the fourth quarter worth approximately $895,000. SBI Securities Co. Ltd. grew its position in TJX Companies by 21.5% during the fourth quarter. SBI Securities Co. Ltd. now owns 1,081 shares of the apparel and home fashions retailer's stock valued at $166,000 after purchasing an additional 191 shares in the last quarter. Morse Asset Management Inc grew its position in TJX Companies by 15.7% during the fourth quarter. Morse Asset Management Inc now owns 13,496 shares of the apparel and home fashions retailer's stock valued at $2,073,000 after purchasing an additional 1,836 shares in the last quarter. Finally, Milestone Asset Management Group LLC acquired a new position in TJX Companies in the 4th quarter valued at approximately $252,000. Hedge funds and other institutional investors own 91.09% of the company's stock.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the business'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 completion of the sale, the chief executive officer owned 479,316 shares of the company's stock, valued at $77,145,910.20. The trade was a 5.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.13% of the stock is owned by corporate insiders.

TJX Companies Stock Performance

TJX stock opened at $154.94 on Wednesday. The firm has a 50 day moving average of $158.44 and a two-hundred day moving average of $153.79. The TJX Companies, Inc. has a 12 month low of $119.84 and a 12 month high of $165.82. The company has a market capitalization of $171.34 billion, a price-to-earnings ratio of 31.75, a P/E/G ratio of 3.56 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 released 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. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. The business had revenue of $17.74 billion for the quarter, compared to the consensus estimate of $17.36 billion. During the same quarter last year, the firm earned $1.23 EPS. TJX Companies's revenue for the quarter 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. As a group, equities analysts anticipate that The TJX Companies, Inc. will post 5.06 EPS for the current fiscal 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 dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 1.2%. This is an increase from TJX Companies's previous quarterly dividend of $0.43. The ex-dividend date is Thursday, May 14th. TJX Companies's dividend payout ratio is 34.84%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on TJX shares. JPMorgan Chase & Co. increased their target price on shares of TJX Companies from $154.00 to $173.00 and gave the stock an "overweight" rating in a research report on Monday, February 23rd. Deutsche Bank Aktiengesellschaft set a $184.00 price target on shares of TJX Companies in a research note on Thursday, January 8th. Weiss Ratings upgraded TJX Companies from a "buy (b+)" rating to a "buy (a-)" rating in a report on Wednesday, April 1st. Sanford C. Bernstein restated an "outperform" rating and issued a $170.00 target price on shares of TJX Companies in a research note on Tuesday, January 6th. Finally, Wall Street Zen raised TJX Companies from a "hold" rating to a "buy" rating in a research report on Saturday, March 28th. Four equities research analysts have rated the stock with a Strong Buy rating and twenty-one have assigned a Buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $167.55.

About TJX Companies

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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