Community Trust & Investment Co. Sells 4,797 Shares of The TJX Companies, Inc. $TJX

Community Trust & Investment Co. trimmed its stake 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 (SEC). The institutional investor owned 154,305 shares of the apparel and home fashions retailer’s stock after selling 4,797 shares during the quarter. TJX Companies makes up about 1.2% of Community Trust & Investment Co.’s portfolio, making the stock its 23rd largest holding. Community Trust & Investment Co.’s holdings in TJX Companies were worth $22,303,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Gries Financial LLC acquired a new position in shares of TJX Companies during the third quarter worth $249,000. Autumn Glory Partners LLC bought a new stake in TJX Companies during the 3rd quarter worth $203,000. Robeco Institutional Asset Management B.V. increased its holdings in TJX Companies by 13.6% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,068,647 shares of the apparel and home fashions retailer’s stock worth $154,462,000 after purchasing an additional 128,125 shares in the last quarter. D.A. Davidson & CO. raised its position in TJX Companies by 0.5% in the third quarter. D.A. Davidson & CO. now owns 52,916 shares of the apparel and home fashions retailer’s stock valued at $7,649,000 after purchasing an additional 277 shares during the last quarter. Finally, CWA Asset Management Group LLC raised its position in TJX Companies by 8.6% in the third quarter. CWA Asset Management Group LLC now owns 6,021 shares of the apparel and home fashions retailer’s stock valued at $870,000 after purchasing an additional 476 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

Insider Activity at TJX Companies

In related news, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The stock was 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 of the company’s stock, valued at $3,362,896.80. This trade represents a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Ernie Herrman sold 24,363 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $151.31, 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. This trade represents a 4.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 54,863 shares of company stock valued at $8,226,366 in the last ninety days. 0.13% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. TD Cowen upped their price objective on TJX Companies from $162.00 to $167.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Jefferies Financial Group reissued a “buy” rating and set a $170.00 target price on shares of TJX Companies in a report on Tuesday, November 11th. Evercore ISI upped their price target on shares of TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. Wall Street Zen lowered shares of TJX Companies from a “buy” rating to a “hold” rating in a report on Saturday. Finally, 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. Two analysts have rated the stock with a Strong Buy rating and twenty-three have assigned a Buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $161.50.

TJX Companies Stock Down 0.3%

Shares of NYSE TJX opened at $153.80 on Tuesday. The company’s 50 day moving average price is $150.55 and its 200-day moving average price is $139.89. 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 TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $157.82. The company has a market capitalization of $170.79 billion, a P/E ratio of 33.95, a price-to-earnings-growth ratio of 3.46 and a beta of 0.75.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The business 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 quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the firm earned $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. Equities analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

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