Biltmore Family Office LLC Has $2.55 Million Position in The TJX Companies, Inc. $TJX

Biltmore Family Office LLC increased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 711.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,673 shares of the apparel and home fashions retailer’s stock after acquiring an additional 15,494 shares during the period. Biltmore Family Office LLC’s holdings in TJX Companies were worth $2,554,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in TJX. Norges Bank bought a new stake in TJX Companies during the second quarter worth $1,808,774,000. Laurel Wealth Advisors LLC raised its holdings in shares of TJX Companies by 12,417.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock worth $501,033,000 after buying an additional 4,024,859 shares in the last quarter. Corient Private Wealth LLC lifted its position in shares of TJX Companies by 120.7% during the 2nd quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock worth $620,406,000 after buying an additional 2,743,676 shares during the last quarter. ABN AMRO Bank N.V. bought a new stake in shares of TJX Companies during the 2nd quarter worth $244,687,000. Finally, Mirova US LLC boosted its stake in TJX Companies by 164.5% in the second quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock valued at $333,319,000 after buying an additional 1,678,665 shares in the last quarter. 91.09% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on TJX. Evercore ISI boosted their target price on TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Sunday, January 11th. Barclays set a $172.00 price objective on shares of TJX Companies and gave the company an “overweight” rating in a research note on Thursday, December 4th. UBS Group reaffirmed a “buy” rating and set a $193.00 target price (up previously from $181.00) on shares of TJX Companies in a research note on Thursday, January 8th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $170.00 price target on shares of TJX Companies in a report on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $163.86.

Insider Activity

In other news, CEO Ernie Herrman sold 24,363 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $151.31, for a total value of $3,686,365.53. Following the completion of 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 sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $151.40, for a total value of $75,700.00. Following the transaction, 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 SEC filing for this sale provides additional information. In the last three months, insiders sold 54,863 shares of company stock valued at $8,226,366. Insiders own 0.13% of the company’s stock.

TJX Companies Trading Down 0.2%

Shares of NYSE TJX opened at $153.17 on Friday. The firm has a 50 day moving average price of $153.91 and a two-hundred day moving average price of $142.87. The stock has a market cap of $170.09 billion, a P/E ratio of 33.81, a price-to-earnings-growth ratio of 3.21 and a beta of 0.75. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $159.48. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The company had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. During the same quarter in the previous year, the business earned $1.14 earnings per share. TJX Companies’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. As a group, 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 declared a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be given a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, February 12th. 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.