The TJX Companies, Inc. $TJX Shares Acquired by Advisory Services Network LLC

Advisory Services Network LLC increased its stake in The TJX Companies, Inc. (NYSE:TJX) by 17.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,910 shares of the apparel and home fashions retailer’s stock after acquiring an additional 14,823 shares during the period. Advisory Services Network LLC’s holdings in TJX Companies were worth $12,193,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Lavaca Capital LLC purchased a new position in shares of TJX Companies in the 2nd quarter valued at about $25,000. Princeton Global Asset Management LLC purchased a new stake in shares of TJX Companies during the second quarter worth approximately $28,000. Howard Hughes Medical Institute acquired a new stake in TJX Companies in the second quarter valued at approximately $30,000. Legacy Investment Solutions LLC purchased a new position in TJX Companies in the second quarter worth approximately $32,000. Finally, True Wealth Design LLC grew its holdings in TJX Companies by 121.1% during the 2nd quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock worth $34,000 after acquiring an additional 149 shares in the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the completion of the transaction, the chief executive officer directly owned 535,143 shares of the company’s stock, valued at $79,634,629.83. This represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $151.40, for a total value of $75,700.00. Following the completion of the sale, the director directly owned 22,212 shares in the company, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 54,863 shares of company stock worth $8,226,366. Insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on TJX. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. Guggenheim raised TJX Companies to a “strong-buy” rating in a report on Wednesday. Wells Fargo & Company reaffirmed a “market perform” rating and set a $145.00 price target (up from $140.00) on shares of TJX Companies in a report on Thursday, November 20th. Morgan Stanley reiterated an “overweight” rating and issued a $162.00 price objective (up previously from $159.00) on shares of TJX Companies in a report on Thursday, November 20th. Finally, Citigroup reissued a “buy” rating and set a $168.00 target price (up previously from $160.00) on shares of TJX Companies in a research report on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, TJX Companies has a consensus rating of “Buy” and a consensus target price of $161.10.

TJX Companies Price Performance

NYSE TJX opened at $156.10 on Friday. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $157.72. The firm has a market cap of $173.34 billion, a P/E ratio of 34.46, a price-to-earnings-growth ratio of 3.50 and a beta of 0.76. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43. The stock’s 50-day moving average is $146.43 and its two-hundred day moving average is $136.48.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, beating the consensus estimate of $1.22 by $0.06. The firm had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The company’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.14 EPS. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS and its FY 2026 guidance at 4.630-4.660 EPS. On average, analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, February 12th. TJX Companies’s payout ratio is presently 37.53%.

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.