Astoria Portfolio Advisors LLC. Cuts Position in The TJX Companies, Inc. $TJX

Astoria Portfolio Advisors LLC. lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 35.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,277 shares of the apparel and home fashions retailer’s stock after selling 3,405 shares during the period. Astoria Portfolio Advisors LLC.’s holdings in TJX Companies were worth $883,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of TJX. Princeton Global Asset Management LLC increased its holdings in shares of TJX Companies by 224.2% in the 3rd quarter. Princeton Global Asset Management LLC now owns 723 shares of the apparel and home fashions retailer’s stock worth $105,000 after purchasing an additional 500 shares in the last quarter. Franklin Street Advisors Inc. NC increased its holdings in TJX Companies by 9.6% during the third quarter. Franklin Street Advisors Inc. NC now owns 221,468 shares of the apparel and home fashions retailer’s stock valued at $32,011,000 after buying an additional 19,369 shares during the last quarter. Bay Harbor Wealth Management LLC raised its holdings in TJX Companies by 10.3% in the 3rd quarter. Bay Harbor Wealth Management LLC now owns 857 shares of the apparel and home fashions retailer’s stock worth $124,000 after purchasing an additional 80 shares during the period. Voya Investment Management LLC lifted its position in shares of TJX Companies by 24.8% during the 3rd quarter. Voya Investment Management LLC now owns 1,903,822 shares of the apparel and home fashions retailer’s stock valued at $275,178,000 after buying an additional 378,799 shares in the last quarter. Finally, Harbour Capital Advisors LLC lifted its holdings in TJX Companies by 9.1% during the third quarter. Harbour Capital Advisors LLC now owns 13,898 shares of the apparel and home fashions retailer’s stock valued at $1,983,000 after purchasing an additional 1,165 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Price Performance

NYSE TJX opened at $154.58 on Friday. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $157.82. The company has a market cap of $171.66 billion, a price-to-earnings ratio of 34.12, a PEG ratio of 3.47 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 fifty day moving average price is $147.85 and its 200 day moving average price is $137.39.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The firm had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.TJX Companies’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 earned $1.14 earnings per share. 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. As a group, equities research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

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

Insider Activity

In other TJX Companies news, CEO Ernie Herrman sold 24,363 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the sale, the chief executive officer directly owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. This trade represents a 4.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction dated 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 transaction, the director directly owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. This trade represents a 2.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 54,863 shares of company stock worth $8,226,366 over the last ninety days. 0.13% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. TD Cowen increased their price target on shares of TJX Companies from $162.00 to $167.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Jefferies Financial Group reaffirmed a “buy” rating and set a $170.00 price objective on shares of TJX Companies in a research note on Tuesday, November 11th. BTIG Research reiterated a “buy” rating and issued a $165.00 price target on shares of TJX Companies in a report on Thursday, November 20th. Finally, Guggenheim raised shares of TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. Two analysts have rated the stock with a Strong Buy rating and twenty-three have given a Buy rating to the stock. Based on data from MarketBeat.com, TJX Companies has a consensus rating of “Buy” and a consensus price target of $161.50.

About TJX Companies

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.