Conning Inc. Has $5.38 Million Stock Holdings in The TJX Companies, Inc. $TJX

Conning Inc. decreased its position in The TJX Companies, Inc. (NYSE:TJX) by 10.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,238 shares of the apparel and home fashions retailer’s stock after selling 4,354 shares during the quarter. Conning Inc.’s holdings in TJX Companies were worth $5,382,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Lavaca Capital LLC bought a new position in TJX Companies in the 2nd quarter worth $25,000. Princeton Global Asset Management LLC acquired a new stake in shares of TJX Companies in the second quarter valued at about $28,000. Howard Hughes Medical Institute acquired a new stake in shares of TJX Companies in the second quarter valued at about $30,000. Legacy Investment Solutions LLC bought a new position in shares of TJX Companies in the second quarter worth about $32,000. Finally, Capital A Wealth Management LLC lifted its position in shares of TJX Companies by 776.7% during the 2nd quarter. Capital A Wealth Management LLC now owns 263 shares of the apparel and home fashions retailer’s stock worth $32,000 after purchasing an additional 233 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Stock Down 2.1%

Shares of TJX stock opened at $154.85 on Thursday. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $159.48. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43. The stock has a fifty day moving average price of $152.54 and a 200 day moving average price of $141.38. The stock has a market cap of $171.95 billion, a P/E ratio of 34.18, a price-to-earnings-growth ratio of 3.32 and a beta of 0.75.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The company had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The business’s revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $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. Analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be paid a dividend of $0.425 per share. The ex-dividend date is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. TJX Companies’s dividend payout ratio (DPR) is currently 37.53%.

Insider Buying and Selling

In other TJX Companies news, CEO Ernie Herrman sold 24,363 shares of TJX Companies stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the sale, the chief executive officer directly owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. The trade was a 4.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Amy B. Lane sold 500 shares of the stock in a transaction that occurred on Friday, November 21st. The stock was 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 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 disclosure for this sale is available in the SEC filing. Insiders have sold 54,863 shares of company stock worth $8,226,366 over the last ninety days. Company insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

TJX has been the topic of a number of research analyst reports. Wells Fargo & Company reaffirmed a “positive” rating and issued a $150.00 target price (up previously from $145.00) on shares of TJX Companies in a report on Tuesday, December 16th. Morgan Stanley restated 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. Barclays set a $172.00 target price on shares of TJX Companies and gave the company an “overweight” rating in a research note on Thursday, December 4th. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. Finally, Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a report on Wednesday, December 10th. Two research analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $163.86.

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.