Ferguson Wellman Capital Management Inc. Reduces Holdings in The TJX Companies, Inc. $TJX

Ferguson Wellman Capital Management Inc. lowered its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 25.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 469,253 shares of the apparel and home fashions retailer’s stock after selling 156,690 shares during the period. TJX Companies comprises about 1.1% of Ferguson Wellman Capital Management Inc.’s holdings, making the stock its 26th largest position. Ferguson Wellman Capital Management Inc.’s holdings in TJX Companies were worth $67,826,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in TJX. Vanguard Group Inc. increased its position in TJX Companies by 0.7% during the second quarter. Vanguard Group Inc. now owns 101,141,056 shares of the apparel and home fashions retailer’s stock worth $12,489,909,000 after buying an additional 727,292 shares during the period. State Street Corp grew its position in shares of TJX Companies by 0.6% during the second quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock worth $6,001,063,000 after acquiring an additional 285,737 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of TJX Companies by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock valued at $3,205,927,000 after acquiring an additional 301,127 shares during the period. Norges Bank acquired a new position in shares of TJX Companies in the 2nd quarter valued at $1,808,774,000. Finally, Invesco Ltd. raised its position in TJX Companies by 0.9% in the 2nd quarter. Invesco Ltd. now owns 9,081,087 shares of the apparel and home fashions retailer’s stock valued at $1,121,423,000 after purchasing an additional 80,487 shares during the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Stock Performance

Shares of TJX stock opened at $158.04 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.43 and a debt-to-equity ratio of 0.20. The stock has a 50 day simple moving average of $151.31 and a 200-day simple moving average of $140.33. The company has a market cap of $175.50 billion, a price-to-earnings ratio of 34.89, a price-to-earnings-growth ratio of 3.46 and a beta of 0.75. The TJX Companies, Inc. has a 12-month low of $112.10 and a 12-month high of $158.55.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data 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 firm had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.TJX Companies’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company 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. On average, equities analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

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 $0.425 dividend. 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 (DPR) is 37.53%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on TJX shares. Telsey Advisory Group reissued an “outperform” rating and set a $170.00 price objective on shares of TJX Companies in a research report on Thursday, December 4th. Guggenheim upgraded TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. Wall Street Zen downgraded TJX Companies from a “buy” rating to a “hold” rating in a research note on Saturday, January 3rd. Jefferies Financial Group reiterated a “buy” rating and issued a $170.00 target price on shares of TJX Companies in a research note on Tuesday, November 11th. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-four have given a Buy rating to the company. Based on data from MarketBeat.com, TJX Companies presently has a consensus rating of “Buy” and a consensus target price of $163.86.

Insider Transactions at TJX Companies

In related news, Director Amy B. Lane sold 500 shares of the business’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 sale, the director owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Ernie Herrman sold 24,363 shares of the stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the completion of the transaction, the chief executive officer directly owned 510,780 shares of the company’s stock, 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. In the last three months, insiders have sold 54,863 shares of company stock worth $8,226,366. 0.13% of the stock is owned by insiders.

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.