Simon Quick Advisors LLC Sells 10,847 Shares of The TJX Companies, Inc. $TJX

Simon Quick Advisors LLC cut its stake in The TJX Companies, Inc. (NYSE:TJX) by 88.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,398 shares of the apparel and home fashions retailer’s stock after selling 10,847 shares during the period. Simon Quick Advisors LLC’s holdings in TJX Companies were worth $202,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Lavaca Capital LLC acquired a new position in TJX Companies in the second quarter valued at about $25,000. Princeton Global Asset Management LLC bought a new position in TJX Companies in the 2nd quarter valued at about $28,000. Howard Hughes Medical Institute bought a new position in TJX Companies in the second quarter valued at approximately $30,000. Legacy Investment Solutions LLC bought a new position in shares of TJX Companies in the 2nd quarter valued at $32,000. Finally, Capital A Wealth Management LLC grew its position in TJX Companies by 776.7% in 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 acquiring an additional 233 shares during the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

Insider Activity at TJX Companies

In other news, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction that occurred 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 transaction, the director owned 22,212 shares in the company, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 transaction of $4,464,300.00. Following the completion of the sale, the chief executive officer directly owned 535,143 shares in the company, valued at approximately $79,634,629.83. This represents a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 54,863 shares of company stock valued at $8,226,366. Company insiders own 0.13% of the company’s stock.

TJX Companies Stock Performance

NYSE TJX opened at $154.30 on Monday. The company has a market capitalization of $171.34 billion, a price-to-earnings ratio of 34.06, a PEG ratio of 3.46 and a beta of 0.75. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $157.82. The stock has a fifty day simple moving average of $150.33 and a 200 day simple moving average of $139.67.

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

TJX Companies Announces Dividend

The company also recently announced 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 dividend payout ratio is currently 37.53%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of TJX Companies from a “buy” rating to a “hold” rating in a research note on Saturday. Morgan Stanley reissued an “overweight” rating and issued a $162.00 price objective (up previously from $159.00) on shares of TJX Companies in a research note on Thursday, November 20th. Robert W. Baird set a $168.00 target price on shares of TJX Companies in a research note on Wednesday, December 17th. Guggenheim upgraded TJX Companies to a “strong-buy” rating in a research note on Wednesday, December 10th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $170.00 price objective on shares of TJX Companies in a report on Tuesday, November 11th. Two analysts have rated the stock with a Strong Buy rating and twenty-three have given a Buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target 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.