John Klinger Sells 6,235 Shares of TJX Companies (NYSE:TJX) Stock

The TJX Companies, Inc. (NYSE:TJX) CFO John Klinger sold 6,235 shares of the firm’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $160.77, for a total transaction of $1,002,400.95. Following the completion of the transaction, the chief financial officer directly owned 64,257 shares of the company’s stock, valued at approximately $10,330,597.89. This trade represents a 8.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

TJX Companies Price Performance

Shares of NYSE TJX opened at $160.69 on Friday. The stock has a market capitalization of $177.51 billion, a price-to-earnings ratio of 31.20, a PEG ratio of 3.49 and a beta of 0.62. The business has a 50-day moving average of $156.84 and a 200-day moving average of $155.43. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.54. The TJX Companies, Inc. has a fifty-two week low of $119.84 and a fifty-two week high of $165.82.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.17. The company had revenue of $14.32 billion during the quarter, compared to analysts’ expectations of $14.02 billion. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.TJX Companies’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.92 EPS. TJX Companies has set its FY 2027 guidance at 5.080-5.150 EPS and its Q2 2027 guidance at 1.150-1.170 EPS. As a group, sell-side analysts predict that The TJX Companies, Inc. will post 5.15 earnings per share for the current fiscal year.

TJX Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, May 14th. This is a positive change from TJX Companies’s previous quarterly dividend of $0.43. TJX Companies’s dividend payout ratio is 37.28%.

Institutional Investors Weigh In On TJX Companies

A number of institutional investors have recently made changes to their positions in the company. Stillwater Private Wealth LLC bought a new stake in shares of TJX Companies during the first quarter worth approximately $313,000. DV Trading LLC boosted its holdings in shares of TJX Companies by 166.0% during the first quarter. DV Trading LLC now owns 1,596 shares of the apparel and home fashions retailer’s stock worth $255,000 after acquiring an additional 996 shares during the period. First Nebraska Trust Co bought a new stake in shares of TJX Companies during the first quarter worth approximately $894,000. Financial Solutions Advisory Group Inc. bought a new stake in shares of TJX Companies during the first quarter worth approximately $256,000. Finally, Blue Fin Capital Inc. boosted its holdings in shares of TJX Companies by 0.9% during the first quarter. Blue Fin Capital Inc. now owns 28,947 shares of the apparel and home fashions retailer’s stock worth $4,623,000 after acquiring an additional 252 shares during the period. Institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

TJX has been the subject of several analyst reports. Telsey Advisory Group raised their price objective on TJX Companies from $175.00 to $185.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Evercore reissued an “outperform” rating and set a $175.00 price target on shares of TJX Companies in a research report on Thursday, May 21st. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. JPMorgan Chase & Co. boosted their price target on TJX Companies from $173.00 to $174.00 and gave the stock an “overweight” rating in a research report on Monday, May 18th. Finally, UBS Group reissued a “neutral” rating and set a $197.00 price target (up from $193.00) on shares of TJX Companies in a research report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $174.58.

Key TJX Companies News

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX posted strong fiscal Q1 results, including 6% comparable sales growth and 29% EPS growth, and raised guidance, supporting the stock’s recent strength.
• Positive Sentiment: Analysts remain constructive on The TJX Companies, Inc., with a consensus “Buy” view and continued praise for its growth and defensive retail appeal.
• Positive Sentiment: UBS singled out TJX as a preferred consumer stock, citing its ability to grow, deliver strong returns, and exceed expectations.
• Neutral Sentiment: Recent stock gains have pushed TJX near its 52-week high, which may attract both momentum buyers and some profit-taking.
• Negative Sentiment: CEO Ernie Herrman and CFO John Klinger sold shares this week, which may weigh on sentiment even though the transactions were disclosed as routine filings.

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.