The TJX Companies, Inc. $TJX Shares Sold by CMH Wealth Management LLC

CMH Wealth Management LLC decreased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 12.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,717 shares of the apparel and home fashions retailer’s stock after selling 9,331 shares during the quarter. TJX Companies accounts for about 2.1% of CMH Wealth Management LLC’s holdings, making the stock its 18th biggest position. CMH Wealth Management LLC’s holdings in TJX Companies were worth $9,932,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. First American Bank grew its holdings in TJX Companies by 4.5% during the 2nd quarter. First American Bank now owns 138,840 shares of the apparel and home fashions retailer’s stock valued at $17,145,000 after buying an additional 5,921 shares during the last quarter. Bank of Nova Scotia raised its holdings in shares of TJX Companies by 129.9% in the second quarter. Bank of Nova Scotia now owns 269,813 shares of the apparel and home fashions retailer’s stock worth $33,319,000 after acquiring an additional 152,453 shares during the last quarter. MinichMacGregor Wealth Management LLC purchased a new stake in shares of TJX Companies in the second quarter valued at $5,045,000. Empowered Funds LLC boosted its stake in shares of TJX Companies by 66.6% during the second quarter. Empowered Funds LLC now owns 76,998 shares of the apparel and home fashions retailer’s stock valued at $9,508,000 after acquiring an additional 30,779 shares during the last quarter. Finally, Hendley & Co. Inc. increased its position in TJX Companies by 75.0% during the 2nd quarter. Hendley & Co. Inc. now owns 8,305 shares of the apparel and home fashions retailer’s stock worth $1,026,000 after purchasing an additional 3,560 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Ernie Herrman sold 24,363 shares of the firm’s stock in a transaction dated 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 directly owned 510,780 shares in the company, valued at $77,286,121.80. This trade represents a 4.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Amy B. Lane sold 500 shares of TJX Companies 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 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. Insiders have sold 54,863 shares of company stock valued at $8,226,366 over the last 90 days. 0.13% of the stock is currently owned by insiders.

TJX Companies Price Performance

TJX Companies stock opened at $153.63 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 debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09. The firm has a 50 day moving average price of $150.09 and a 200 day moving average price of $139.23. The company has a market cap of $170.60 billion, a price-to-earnings ratio of 33.91, a PEG ratio of 3.45 and a beta of 0.75.

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 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 company had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. During the same quarter last year, the business earned $1.14 EPS. TJX Companies’s revenue for the quarter was up 7.5% on a year-over-year basis. 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 predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be given a dividend of $0.425 per share. 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 37.53%.

Analyst Ratings Changes

A number of research firms have issued reports on TJX. Wells Fargo & Company restated a “positive” rating and issued a $150.00 target price (up from $145.00) on shares of TJX Companies in a report on Tuesday, December 16th. Telsey Advisory Group reissued an “outperform” rating and issued a $170.00 price objective on shares of TJX Companies in a research report on Thursday, December 4th. Sanford C. Bernstein raised their target price on shares of TJX Companies from $152.00 to $155.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. JPMorgan Chase & Co. lifted their target price on shares of TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a research note on Thursday, November 20th. Finally, Morgan Stanley reissued an “overweight” rating and set a $162.00 price target (up previously from $159.00) on shares of TJX Companies in a research note on Thursday, November 20th. Two investment 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, the company currently has an average rating of “Buy” and an average price target of $161.50.

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.