AE Wealth Management LLC Increases Stake in The TJX Companies, Inc. $TJX

AE Wealth Management LLC grew its position in The TJX Companies, Inc. (NYSE:TJX) by 3.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 228,653 shares of the apparel and home fashions retailer’s stock after buying an additional 7,677 shares during the period. AE Wealth Management LLC’s holdings in TJX Companies were worth $33,050,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC increased its holdings in shares of TJX Companies by 113.7% in the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after purchasing an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC boosted its position 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 valued at $262,000 after buying an additional 235 shares during the last quarter. Bison Wealth LLC increased its holdings in TJX Companies by 32.9% in the 4th 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 in the last quarter. Venture Visionary Partners LLC raised its position in TJX Companies by 25.0% in the 2nd quarter. Venture Visionary Partners LLC now owns 7,762 shares of the apparel and home fashions retailer’s stock worth $959,000 after buying an additional 1,551 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in TJX Companies by 1.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 260,661 shares of the apparel and home fashions retailer’s stock valued at $32,189,000 after acquiring an additional 3,707 shares during the period. Institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $147.69 on Thursday. The company has a market capitalization of $164.00 billion, a P/E ratio of 32.60, a P/E/G ratio of 3.10 and a beta of 0.75. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $159.48. The firm’s 50 day simple moving average is $154.08 and its two-hundred day simple moving average is $143.37. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43.

TJX Companies (NYSE:TJX) last announced 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 net margin of 8.68% and a return on equity of 58.30%. The firm had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. During the same period last year, the firm earned $1.14 EPS. The company’s revenue was up 7.5% on a year-over-year basis. 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. Research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 12th will be given a dividend of $0.425 per share. The ex-dividend date is Thursday, February 12th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is currently 37.53%.

Analysts Set New Price Targets

TJX has been the subject of a number of research analyst reports. Jefferies Financial Group reiterated a “buy” rating and issued a $170.00 price target on shares of TJX Companies in a research note on Tuesday, November 11th. Barclays set a $172.00 target price on shares of TJX Companies and gave the stock an “overweight” rating in a report on Thursday, December 4th. TD Cowen reiterated a “buy” rating on shares of TJX Companies in a research note on Thursday, November 20th. Citigroup reissued a “buy” rating and set a $168.00 price target (up from $160.00) on shares of TJX Companies in a report on Thursday, November 20th. Finally, BTIG Research restated a “buy” rating and issued a $165.00 price target on shares of TJX Companies in a research note on Thursday, November 20th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $163.86.

Insider Activity

In related 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 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 sale 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 company’s 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 owned 22,212 shares of the company’s stock, valued at $3,362,896.80. The trade was a 2.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 54,863 shares of company stock valued at $8,226,366 in the last quarter. 0.13% of the stock is currently owned by company insiders.

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.