The TJX Companies, Inc. $TJX Shares Sold by 1248 Management LLC
by Teresa Graham · The Cerbat Gem1248 Management LLC cut its holdings in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 12.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,185 shares of the apparel and home fashions retailer’s stock after selling 1,017 shares during the period. 1248 Management LLC’s holdings in TJX Companies were worth $875,000 at the end of the most recent quarter.
Other large investors have also made changes to their positions in the company. Brighton Jones LLC increased its position in shares of TJX Companies by 113.7% in the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after acquiring an additional 8,002 shares during the period. Revolve Wealth Partners LLC lifted its stake 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 valued at $262,000 after purchasing an additional 235 shares during the period. Bison Wealth LLC grew its position in shares of TJX Companies by 32.9% during the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after acquiring an additional 955 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of TJX Companies by 28.2% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 163,680 shares of the apparel and home fashions retailer’s stock valued at $19,774,000 after acquiring an additional 35,991 shares during the period. Finally, NorthRock Partners LLC grew its position in shares of TJX Companies by 190.1% during the 4th quarter. NorthRock Partners LLC now owns 10,368 shares of the apparel and home fashions retailer’s stock valued at $1,253,000 after acquiring an additional 6,794 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
TJX has been the topic of a number of research reports. TD Securities raised their price target on shares of TJX Companies from $140.00 to $142.00 and gave the company a “buy” rating in a research note on Tuesday, May 20th. Cowen reissued a “buy” rating on shares of TJX Companies in a research note on Tuesday, May 20th. Bank of America raised their price target on shares of TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Daiwa America upgraded shares of TJX Companies to a “strong-buy” rating in a report on Tuesday, July 8th. Finally, Robert W. Baird lifted their target price on shares of TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $147.58.
View Our Latest Stock Report on TJX
TJX Companies Price Performance
TJX Companies stock opened at $140.83 on Friday. The stock has a market cap of $156.74 billion, a P/E ratio of 32.08, a price-to-earnings-growth ratio of 3.15 and a beta of 0.90. The company has a fifty day simple moving average of $131.12 and a 200-day simple moving average of $126.87. The TJX Companies, Inc. has a 12-month low of $111.22 and a 12-month high of $145.58. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32.
TJX Companies (NYSE:TJX – Get Free Report) last announced its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating the consensus estimate of $1.01 by $0.09. The company had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm’s revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.96 earnings per share. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Equities analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.
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.
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