The TJX Companies, Inc. $TJX Stock Position Lifted by Capitolis Liquid Global Markets LLC

Key Points

• Capitolis Liquid Global Markets LLC increased its stake in The TJX Companies by 217.8% in Q3, acquiring an additional 355,000 shares to hold 518,000 shares valued at about $74.87 million.
• TJX beat quarterly expectations with $1.43 EPS (vs. $1.38) and $17.74B revenue (vs. $17.36B), set FY2027 guidance of $4.93–5.02 EPS, and maintains an average analyst rating of “Buy” with a $167.55 target.
• CEO Ernie Herrman sold 30,000 shares for roughly $4.83 million (a 5.89% reduction in his stake), while institutional investors own about 91.09% of the company.

Capitolis Liquid Global Markets LLC lifted its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 217.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 518,000 shares of the apparel and home fashions retailer's stock after acquiring an additional 355,000 shares during the quarter. Capitolis Liquid Global Markets LLC's holdings in TJX Companies were worth $74,872,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its stake in TJX Companies by 113.7% during the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock valued at $1,817,000 after purchasing an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in shares of TJX Companies by 12.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer's stock worth $262,000 after buying an additional 235 shares during the last quarter. Bison Wealth LLC lifted its position in shares of TJX Companies by 32.9% in the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer's stock worth $466,000 after buying an additional 955 shares during the last quarter. United Bank boosted its holdings in shares of TJX Companies by 7.6% in the 2nd quarter. United Bank now owns 16,298 shares of the apparel and home fashions retailer's stock valued at $2,013,000 after buying an additional 1,155 shares during the period. Finally, Schnieders Capital Management LLC. acquired a new position in shares of TJX Companies in the 2nd quarter valued at about $244,000. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Stock Down 0.3%

TJX stock opened at $155.40 on Friday. The stock has a market cap of $172.56 billion, a PE ratio of 31.84, a price-to-earnings-growth ratio of 3.57 and a beta of 0.73. The firm's 50-day simple moving average is $155.56 and its 200 day simple moving average is $149.36. The TJX Companies, Inc. has a fifty-two week low of $112.30 and a fifty-two week high of $162.68. 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 posted its earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share (EPS) 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 firm had revenue of $17.74 billion during the quarter, compared to analyst estimates of $17.36 billion. During the same period in the previous year, the business posted $1.23 EPS. TJX Companies's 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. As a group, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. BTIG Research reiterated a "buy" rating and set a $185.00 price objective (up from $165.00) on shares of TJX Companies in a research note on Thursday, February 26th. Weiss Ratings restated a "buy (b+)" rating on shares of TJX Companies in a research note on Wednesday, January 21st. Argus raised TJX Companies to a "strong-buy" rating in a report on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft set a $184.00 price target on TJX Companies in a research report on Thursday, January 8th. Finally, TD Cowen reissued a "buy" rating on shares of TJX Companies in a report on Thursday, November 20th. Three analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $167.55.

Insider Activity

In other news, CEO Ernie Herrman sold 30,000 shares of the business's stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the completion of the transaction, the chief executive officer directly owned 479,316 shares in the company, valued at approximately $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 SEC, which is accessible through the SEC website. Corporate insiders own 0.13% of the company's stock.

TJX Companies 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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