Aware Super Pty Ltd as trustee of Aware Super Purchases New Position in The TJX Companies, Inc. $TJX

Aware Super Pty Ltd as trustee of Aware Super acquired a new stake in The TJX Companies, Inc. (NYSE:TJX) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 345,030 shares of the apparel and home fashions retailer’s stock, valued at approximately $55,101,000. TJX Companies makes up about 0.8% of Aware Super Pty Ltd as trustee of Aware Super’s portfolio, making the stock its 19th largest position.

Several other hedge funds also recently made changes to their positions in TJX. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna lifted its holdings in shares of TJX Companies by 120.3% in the 4th quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer’s stock valued at $25,000 after purchasing an additional 89 shares during the last quarter. Entrust Financial LLC acquired a new stake in shares of TJX Companies in the 4th quarter valued at about $26,000. Wilkerson Advisory Group LLC purchased a new position in TJX Companies during the 4th quarter worth approximately $26,000. Joseph Group Capital Management purchased a new position in TJX Companies during the 4th quarter worth approximately $27,000. Finally, IMG Wealth Management Inc. increased its position in TJX Companies by 65.7% during the fourth quarter. IMG Wealth Management Inc. now owns 174 shares of the apparel and home fashions retailer’s stock worth $27,000 after buying an additional 69 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of NYSE TJX opened at $154.75 on Friday. The stock has a fifty day moving average price of $156.51 and a 200 day moving average price of $156.55. The TJX Companies, Inc. has a 1-year low of $121.00 and a 1-year high of $170.00. 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 company has a market cap of $170.95 billion, a PE ratio of 30.05, a P/E/G ratio of 3.27 and a beta of 0.63.

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 (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.17. The company had revenue of $14.32 billion for the quarter, compared to analysts’ expectations of $14.02 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. TJX Companies’s revenue was up 9.2% compared to the same quarter last year. During the same period in the previous year, the company posted $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. Sell-side analysts forecast that The TJX Companies, Inc. will post 5.17 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, August 13th. TJX Companies’s payout ratio is 37.28%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on TJX shares. Weiss Ratings upgraded TJX Companies from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, July 6th. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $160.00 target price (up from $155.00) on shares of TJX Companies in a report on Thursday, May 21st. Citigroup reiterated a “buy” rating and issued a $182.00 price target (up from $168.00) on shares of TJX Companies in a research report on Thursday, May 21st. Barclays reiterated an “overweight” rating and set a $190.00 price target (up from $183.00) on shares of TJX Companies in a research note on Thursday, May 21st. Finally, BTIG Research raised their price objective on shares of TJX Companies from $185.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Two equities research analysts have 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. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $176.89.

Insider Activity

In related news, Chairman Carol Meyrowitz sold 55,624 shares of the stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $163.65, for a total transaction of $9,102,867.60. Following the completion of the transaction, the chairman directly owned 201,496 shares of the company’s stock, valued at $32,974,820.40. This represents a 21.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Ernie Herrman sold 29,549 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $157.46, for a total transaction of $4,652,785.54. Following the completion of the sale, the chief executive officer owned 552,850 shares of the company’s stock, valued at approximately $87,051,761. The trade was a 5.07% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 130,367 shares of company stock valued at $20,959,476. 0.15% of the stock is owned by insiders.

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.