Bfsg LLC Reduces Stake in The TJX Companies, Inc. $TJX

Bfsg LLC decreased its stake in The TJX Companies, Inc. (NYSE:TJX) by 7.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,953 shares of the apparel and home fashions retailer’s stock after selling 3,916 shares during the quarter. Bfsg LLC’s holdings in TJX Companies were worth $7,220,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in TJX Companies by 0.7% in the 2nd 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 purchasing an additional 727,292 shares in the last quarter. State Street Corp increased its stake in 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 lifted its position in TJX Companies by 1.2% in the second quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock worth $3,205,927,000 after buying an additional 301,127 shares during the last quarter. Norges Bank purchased a new position in shares of TJX Companies during the 2nd quarter worth about $1,808,774,000. Finally, Invesco Ltd. raised its holdings in shares of TJX Companies by 0.9% in the second quarter. Invesco Ltd. now owns 9,081,087 shares of the apparel and home fashions retailer’s stock worth $1,121,423,000 after buying an additional 80,487 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Insider Transactions at TJX Companies

In other news, Director Amy B. Lane sold 500 shares of the stock in a transaction 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 transaction, the director directly owned 22,212 shares in the company, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Ernie Herrman sold 24,363 shares of TJX Companies 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 sale, the chief executive officer owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. This represents a 4.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 54,863 shares of company stock valued at $8,226,366 in the last three months. 0.13% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages have commented on TJX. TD Cowen upped their target price on shares of TJX Companies from $162.00 to $167.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Robert W. Baird set a $168.00 price objective on shares of TJX Companies in a research note on Wednesday, December 17th. Deutsche Bank Aktiengesellschaft set a $184.00 price target on TJX Companies in a research note on Thursday, January 8th. The Goldman Sachs Group raised their target price on TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Finally, Barclays set a $172.00 price objective on shares of TJX Companies and gave the company an “overweight” rating in a report on Thursday, December 4th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $163.86.

TJX Companies Stock Up 0.9%

TJX opened at $157.50 on Friday. 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 company has a 50-day moving average price of $153.05 and a 200 day moving average price of $141.83. The company has a market cap of $174.90 billion, a PE ratio of 34.77, a price-to-earnings-growth ratio of 3.30 and a beta of 0.75. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $159.48.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, beating the consensus estimate of $1.22 by $0.06. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The firm had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. During the same period in the prior year, the company earned $1.14 EPS. The firm’s revenue was up 7.5% compared to the same quarter last year. 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 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently disclosed 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 of this dividend is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. TJX Companies’s payout ratio is 37.53%.

About TJX Companies

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.