Braun Stacey Associates Inc. Increases Stake in The TJX Companies, Inc. $TJX

Braun Stacey Associates Inc. increased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 242,071 shares of the apparel and home fashions retailer’s stock after purchasing an additional 6,938 shares during the period. TJX Companies makes up 1.1% of Braun Stacey Associates Inc.’s portfolio, making the stock its 21st largest holding. Braun Stacey Associates Inc.’s holdings in TJX Companies were worth $34,989,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Lavaca Capital LLC purchased a new position in shares of TJX Companies during the second quarter valued at approximately $25,000. Princeton Global Asset Management LLC bought a new stake in shares of TJX Companies during the 2nd quarter worth approximately $28,000. Howard Hughes Medical Institute bought a new stake in shares of TJX Companies during the 2nd quarter worth approximately $30,000. Legacy Investment Solutions LLC purchased a new position in TJX Companies during the 2nd quarter valued at $32,000. Finally, Capital A Wealth Management LLC grew its position in TJX Companies by 776.7% in the 2nd quarter. Capital A Wealth Management LLC now owns 263 shares of the apparel and home fashions retailer’s stock valued at $32,000 after acquiring an additional 233 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on TJX. Morgan Stanley reiterated an “overweight” rating and set a $162.00 target price (up from $159.00) on shares of TJX Companies in a research report on Thursday, November 20th. Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a report on Wednesday, December 10th. The Goldman Sachs Group boosted their price objective on shares of TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. UBS Group restated a “buy” rating and issued a $181.00 target price on shares of TJX Companies in a research note on Thursday, December 4th. Finally, TD Cowen boosted their price target on TJX Companies from $162.00 to $167.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating and twenty-three have assigned a Buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $161.50.

Insider Transactions at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 24,363 shares of the business’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $151.31, for a total value of $3,686,365.53. Following the completion of the transaction, the chief executive officer directly owned 510,780 shares in the company, valued at approximately $77,286,121.80. The trade was a 4.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $151.40, for a total transaction of $75,700.00. Following the completion of the sale, the director owned 22,212 shares in the company, valued at $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 54,863 shares of company stock worth $8,226,366. 0.13% of the stock is owned by corporate insiders.

TJX Companies Price Performance

NYSE TJX opened at $153.63 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09. The firm’s 50 day moving average price is $150.09 and its 200-day moving average price is $139.23. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $157.82. The company has a market cap of $170.60 billion, a PE ratio of 33.91, a P/E/G ratio of 3.45 and a beta of 0.75.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The company had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. TJX Companies’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. Sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

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

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.