GDS Wealth Management Purchases 5,893 Shares of The TJX Companies, Inc. $TJX

GDS Wealth Management grew its position in The TJX Companies, Inc. (NYSE:TJX) by 4.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 141,213 shares of the apparel and home fashions retailer’s stock after buying an additional 5,893 shares during the period. TJX Companies accounts for approximately 1.3% of GDS Wealth Management’s investment portfolio, making the stock its 27th largest holding. GDS Wealth Management’s holdings in TJX Companies were worth $20,411,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Brighton Jones LLC lifted its position in TJX Companies by 113.7% during the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after purchasing an additional 8,002 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of TJX Companies by 12.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock worth $262,000 after buying an additional 235 shares during the last quarter. Bison Wealth LLC raised its stake in shares of TJX Companies by 32.9% during the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after buying an additional 955 shares during the last quarter. Perigon Wealth Management LLC lifted its holdings in TJX Companies by 5.1% in the second quarter. Perigon Wealth Management LLC now owns 15,684 shares of the apparel and home fashions retailer’s stock valued at $1,937,000 after buying an additional 754 shares during the period. Finally, Kathmere Capital Management LLC boosted its stake in TJX Companies by 6.0% in the second quarter. Kathmere Capital Management LLC now owns 4,840 shares of the apparel and home fashions retailer’s stock valued at $598,000 after acquiring an additional 274 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Performance

TJX stock opened at $153.17 on Friday. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $159.48. 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 firm has a market cap of $170.09 billion, a PE ratio of 33.81, a P/E/G ratio of 3.21 and a beta of 0.75. The business’s 50-day moving average price is $153.91 and its two-hundred day moving average price is $142.87.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.06. The company had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the prior year, the company earned $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. As a group, research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have commented on TJX. TD Cowen reiterated a “buy” rating on shares of TJX Companies in a research report on Thursday, November 20th. Evercore ISI lifted their price objective on TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Citigroup reiterated a “buy” rating and issued a $168.00 price objective (up previously from $160.00) on shares of TJX Companies in a report on Thursday, November 20th. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Sunday, January 11th. Finally, JPMorgan Chase & Co. boosted their target price on TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $163.86.

Insider Buying and Selling

In other news, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $151.40, for a total value of $75,700.00. Following the completion of the transaction, the director owned 22,212 shares in the company, valued at $3,362,896.80. This represents 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 through the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the sale, the chief executive officer directly owned 535,143 shares of the company’s stock, valued at $79,634,629.83. This represents a 5.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 54,863 shares of company stock worth $8,226,366. Insiders own 0.13% of the company’s stock.

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.