The TJX Companies, Inc. $TJX Shares Sold by Boston Common Asset Management LLC

Boston Common Asset Management LLC reduced its holdings in The TJX Companies, Inc. (NYSE:TJX) by 5.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 177,852 shares of the apparel and home fashions retailer’s stock after selling 10,842 shares during the quarter. Boston Common Asset Management LLC’s holdings in TJX Companies were worth $25,707,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in TJX. Vanguard Group Inc. raised its stake in shares of 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 valued at $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 2nd quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock valued at $6,001,063,000 after buying an additional 285,737 shares during the period. Geode Capital Management LLC increased its stake in TJX Companies by 1.2% during 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 buying an additional 301,127 shares during the period. Norges Bank bought a new stake in shares of TJX Companies during the 2nd quarter worth about $1,808,774,000. Finally, Invesco Ltd. lifted its stake in shares of 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 worth $1,121,423,000 after acquiring an additional 80,487 shares during the period. Institutional investors own 91.09% of the company’s stock.

Insider Activity at TJX Companies

In related news, CEO Ernie Herrman sold 24,363 shares of the firm’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 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Amy B. Lane sold 500 shares of TJX Companies 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 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms recently commented on TJX. Sanford C. Bernstein reiterated an “outperform” rating and set a $170.00 price objective on shares of TJX Companies in a research note on Tuesday, January 6th. Robert W. Baird set a $168.00 price target on TJX Companies in a research report on Wednesday, December 17th. Jefferies Financial Group restated a “buy” rating and issued a $170.00 price objective on shares of TJX Companies in a report on Tuesday, November 11th. Citigroup reaffirmed a “buy” rating and set a $168.00 target price (up from $160.00) on shares of TJX Companies in a report on Thursday, November 20th. Finally, Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. Two analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $163.86.

TJX Companies Trading Down 0.2%

Shares of NYSE TJX opened at $155.78 on Thursday. The TJX Companies, Inc. has a 12 month low of $112.10 and a 12 month high of $159.48. The company has a market cap of $172.98 billion, a price-to-earnings ratio of 34.39, a P/E/G ratio of 3.27 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 business has a fifty day simple moving average of $153.63 and a 200-day simple moving average of $142.48.

TJX Companies (NYSE:TJX) last issued its quarterly 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 firm had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.TJX Companies’s revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the business 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. Sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be issued 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 dividend yield of 1.1%. TJX Companies’s payout ratio is currently 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.