Financial Consulate Inc. Takes Position in The TJX Companies, Inc. $TJX

Financial Consulate Inc. purchased a new position in shares of The TJX Companies, Inc. (NYSE:TJX) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,416 shares of the apparel and home fashions retailer’s stock, valued at approximately $927,000.

Several other hedge funds have also made changes to their positions in TJX. Lavaca Capital LLC acquired a new stake in TJX Companies in the second quarter worth $25,000. Princeton Global Asset Management LLC acquired a new position in shares of TJX Companies during the second quarter valued at $28,000. Howard Hughes Medical Institute bought a new position in shares of TJX Companies during the second quarter worth about $30,000. Legacy Investment Solutions LLC acquired a new stake in shares of TJX Companies in the 2nd quarter worth about $32,000. Finally, Capital A Wealth Management LLC lifted 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 purchasing an additional 233 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Down 1.1%

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 company has a market capitalization of $170.60 billion, a PE ratio of 33.91, a P/E/G ratio of 3.45 and a beta of 0.75. The stock’s fifty day moving average is $150.09 and its 200-day moving average is $139.23. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $157.82.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The firm had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. During the same period in the previous year, the company earned $1.14 earnings per share. TJX Companies’s 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, equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 12th will be issued a $0.425 dividend. 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 payout ratio is presently 37.53%.

Insider Activity at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 24,363 shares of the company’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.31, for a total value of $3,686,365.53. Following the transaction, the chief executive officer owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. This represents a 4.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Amy B. Lane sold 500 shares of the stock in a transaction 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 sale, the director owned 22,212 shares of the company’s stock, valued at $3,362,896.80. This trade represents a 2.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 54,863 shares of company stock valued at $8,226,366. Company insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

TJX has been the subject of several recent analyst reports. Bank of America upped their target price on shares of TJX Companies from $150.00 to $168.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Citigroup reiterated a “buy” rating and set a $168.00 price objective (up from $160.00) on shares of TJX Companies in a research report on Thursday, November 20th. BTIG Research reissued a “buy” rating and issued a $165.00 price objective on shares of TJX Companies in a report on Thursday, November 20th. JPMorgan Chase & Co. lifted their target price on TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. Finally, Wells Fargo & Company reiterated a “positive” rating and set a $150.00 price target (up previously from $145.00) on shares of TJX Companies in a research report on Tuesday, December 16th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-three have assigned a Buy rating to the company. According to MarketBeat.com, TJX Companies has an average rating of “Buy” and an average target price of $161.50.

TJX Companies Company 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.