Windward Capital Management Co. CA Sells 2,674 Shares of The TJX Companies, Inc. $TJX

Key Points

• Windward Capital Management Co. CA reduced its stake in The TJX Companies, Inc. by 1.3%, selling 2,674 shares and holding 197,709 shares valued at approximately $24.08 million.
• TJX reported a quarterly earnings per share of $0.92, surpassing analysts' expectations, with a revenue of $13.11 billion during the quarter, indicating a 5.1% increase compared to the previous year.
• The company declared a quarterly dividend of $0.425 per share, translating to an annualized yield of 1.3%, with a dividend payout ratio of 40% as of the last filing.

Windward Capital Management Co. CA decreased its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 1.3% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 197,709 shares of the apparel and home fashions retailer's stock after selling 2,674 shares during the quarter. TJX Companies comprises about 2.1% of Windward Capital Management Co. CA's portfolio, making the stock its 15th largest holding. Windward Capital Management Co. CA's holdings in TJX Companies were worth $24,081,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC grew its holdings in TJX Companies by 113.7% during the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock worth $1,817,000 after acquiring an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in TJX Companies by 12.1% during 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 purchasing an additional 235 shares during the last quarter. Capital International Sarl boosted its position in shares of TJX Companies by 30.0% during the 4th quarter. Capital International Sarl now owns 6,744 shares of the apparel and home fashions retailer's stock valued at $815,000 after acquiring an additional 1,555 shares during the last quarter. Cadence Bank lifted its position in TJX Companies by 28.4% in the fourth quarter. Cadence Bank now owns 9,134 shares of the apparel and home fashions retailer's stock valued at $1,103,000 after buying an additional 2,019 shares during the last quarter. Finally, Freedom Investment Management Inc. increased its stake in TJX Companies by 5.0% during the fourth quarter. Freedom Investment Management Inc. now owns 5,208 shares of the apparel and home fashions retailer's stock worth $629,000 after purchasing an additional 250 shares during the period. Hedge funds and other institutional investors own 91.09% of the company's stock.

TJX Companies Trading Up 1.0%

TJX stock traded up $1.37 during midday trading on Tuesday, hitting $134.43. 6,721,612 shares of the company's stock were exchanged, compared to its average volume of 4,822,886. The company has a market cap of $150.17 billion, a PE ratio of 31.63, a price-to-earnings-growth ratio of 3.10 and a beta of 0.89. The stock's fifty day moving average price is $126.21 and its 200-day moving average price is $125.23. The TJX Companies, Inc. has a one year low of $111.22 and a one year high of $135.85. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.51 and a current ratio of 1.16.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings results on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 earnings per share for the quarter, topping analysts' consensus estimates of $0.90 by $0.02. The firm had revenue of $13.11 billion for the quarter, compared to the consensus estimate of $13.01 billion. TJX Companies had a return on equity of 58.81% and a net margin of 8.47%.The business's revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.93 earnings per share. TJX Companies has set its FY 2026 guidance at 4.340-4.430 EPS. Q2 2026 guidance at 0.970-1.000 EPS. Research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th will be issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, August 14th. TJX Companies's payout ratio is currently 40.00%.

Insider Buying and Selling at TJX Companies

In other news, Director Amy B. Lane sold 950 shares of the business's stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total value of $121,685.50. Following the transaction, the director owned 22,712 shares in the company, valued at $2,909,180.08. The trade was a 4.01% decrease in their position. 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 insiders.

Wall Street Analyst Weigh In

Several equities analysts have commented on TJX shares. BMO Capital Markets reiterated an "outperform" rating on shares of TJX Companies in a research note on Wednesday, May 21st. Daiwa America raised TJX Companies to a "strong-buy" rating in a research note on Tuesday, July 8th. Morgan Stanley set a $140.00 price target on TJX Companies and gave the company an "overweight" rating in a research report on Thursday, May 22nd. Telsey Advisory Group reissued an "outperform" rating and issued a $150.00 price target on shares of TJX Companies in a research note on Wednesday, August 13th. Finally, Wall Street Zen raised TJX Companies from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, TJX Companies has an average rating of "Buy" and an average price target of $141.33.

About TJX Companies

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.