BDF Gestion Sells 9,010 Shares of The TJX Companies, Inc. $TJX

BDF Gestion reduced its stake in The TJX Companies, Inc. (NYSE:TJX) by 17.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,332 shares of the apparel and home fashions retailer’s stock after selling 9,010 shares during the period. TJX Companies accounts for 0.7% of BDF Gestion’s portfolio, making the stock its 24th largest position. BDF Gestion’s holdings in TJX Companies were worth $6,263,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also bought and sold shares of the company. Lavaca Capital LLC bought a new position in shares of TJX Companies in the 2nd quarter worth approximately $25,000. Princeton Global Asset Management LLC purchased a new stake in TJX Companies in the second quarter worth $28,000. Howard Hughes Medical Institute bought a new position in TJX Companies in the second quarter worth $30,000. Legacy Investment Solutions LLC purchased a new position in TJX Companies during the second quarter valued at $32,000. Finally, Capital A Wealth Management LLC lifted its position in TJX Companies by 776.7% during the second quarter. Capital A Wealth Management LLC now owns 263 shares of the apparel and home fashions retailer’s stock valued at $32,000 after buying an additional 233 shares during the period. 91.09% of the stock is owned by institutional investors.

TJX Companies Trading Down 0.2%

TJX Companies stock opened at $154.58 on Friday. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $157.82. The business’s fifty day moving average is $147.85 and its 200 day moving average is $137.39. The stock has a market capitalization of $171.66 billion, a PE ratio of 34.12, a price-to-earnings-growth 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.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The firm had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. During the same quarter last year, the firm posted $1.14 EPS. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. 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, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The business 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 dividend of $0.425 per share. The ex-dividend date is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. TJX Companies’s payout ratio is currently 37.53%.

Analyst Ratings Changes

TJX has been the subject of a number of analyst reports. Wells Fargo & Company reaffirmed a “positive” rating and set a $150.00 target price (up previously from $145.00) on shares of TJX Companies in a research note on Tuesday. Sanford C. Bernstein upped their price target on TJX Companies from $152.00 to $155.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Cowen reiterated a “buy” rating on shares of TJX Companies in a research note on Thursday, November 20th. Evercore ISI lifted their price target on TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Finally, Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a research note on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-three have assigned a Buy rating to the stock. Based on data from MarketBeat.com, TJX Companies currently has an average rating of “Buy” and an average price target of $161.50.

Insider Buying and Selling at TJX Companies

In related news, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.40, for a total value of $75,700.00. Following the completion of the sale, the director owned 22,212 shares of the company’s stock, valued at $3,362,896.80. The trade was a 2.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $148.81, for a total value of $4,464,300.00. Following the sale, the chief executive officer owned 535,143 shares of the company’s stock, valued at approximately $79,634,629.83. This trade represents a 5.31% 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 three months. Insiders own 0.13% of the company’s stock.

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.