Alps Advisors Inc. Increases Stock Holdings in The TJX Companies, Inc. $TJX

Alps Advisors Inc. increased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 47.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 156,811 shares of the apparel and home fashions retailer’s stock after purchasing an additional 50,434 shares during the period. Alps Advisors Inc.’s holdings in TJX Companies were worth $22,665,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Lavaca Capital LLC acquired a new position in TJX Companies during the second quarter worth about $25,000. Princeton Global Asset Management LLC purchased a new position in shares of TJX Companies during the 2nd quarter worth approximately $28,000. Howard Hughes Medical Institute purchased a new position in shares of TJX Companies during the 2nd quarter worth approximately $30,000. Legacy Investment Solutions LLC acquired a new position in shares of TJX Companies during the 2nd quarter worth approximately $32,000. Finally, Capital A Wealth Management LLC lifted its stake in TJX Companies by 776.7% in the 2nd quarter. Capital A Wealth Management LLC now owns 263 shares of the apparel and home fashions retailer’s stock valued at $32,000 after buying an additional 233 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on TJX shares. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Sunday, January 11th. Morgan Stanley reaffirmed an “overweight” rating and set a $162.00 price target (up from $159.00) on shares of TJX Companies in a research report on Thursday, November 20th. UBS Group reissued a “buy” rating and issued a $193.00 price objective (up from $181.00) on shares of TJX Companies in a research report on Thursday, January 8th. JPMorgan Chase & Co. upped 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. Finally, BTIG Research reiterated a “buy” rating and issued a $165.00 target price 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 assigned a Buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $163.86.

Insider Activity

In other news, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction that occurred 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 owned 535,143 shares of the company’s stock, valued at approximately $79,634,629.83. The trade was a 5.31% decrease in their ownership of the stock. The transaction 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 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 transaction, the director directly owned 22,212 shares in the company, valued at $3,362,896.80. This trade represents 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.

TJX Companies Trading Up 0.3%

NYSE:TJX opened at $155.86 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 TJX Companies, Inc. has a 52 week low of $112.10 and a 52 week high of $159.48. The business’s 50 day moving average is $154.16 and its two-hundred day moving average is $144.79. The company has a market cap of $173.08 billion, a PE ratio of 34.41, a P/E/G ratio of 2.98 and a beta of 0.74.

TJX Companies (NYSE:TJX) last posted 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 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 the consensus estimate of $14.80 billion. During the same period last year, the firm posted $1.14 EPS. The company’s revenue for the quarter 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. On average, analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

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 paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, February 12th. TJX Companies’s dividend payout ratio (DPR) is presently 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.