Candriam S.C.A. Sells 55,214 Shares of The TJX Companies, Inc. $TJX

Candriam S.C.A. lessened its stake in The TJX Companies, Inc. (NYSE:TJX) by 8.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 567,088 shares of the apparel and home fashions retailer’s stock after selling 55,214 shares during the quarter. Candriam S.C.A. owned about 0.05% of TJX Companies worth $81,967,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Norges Bank bought a new position in TJX Companies in the second quarter valued at approximately $1,808,774,000. Laurel Wealth Advisors LLC boosted its holdings in shares of TJX Companies by 12,417.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock valued at $501,033,000 after purchasing an additional 4,024,859 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in shares of TJX Companies by 120.7% in the 2nd quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock valued at $620,406,000 after purchasing an additional 2,743,676 shares in the last quarter. ABN AMRO Bank N.V. bought a new position in shares of TJX Companies in the 2nd quarter valued at $244,687,000. Finally, Raymond James Financial Inc. raised its holdings in shares of TJX Companies by 26.3% during the 2nd quarter. Raymond James Financial Inc. now owns 5,952,367 shares of the apparel and home fashions retailer’s stock worth $735,058,000 after buying an additional 1,238,124 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

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 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 value of $75,700.00. Following the completion of the transaction, the director directly owned 22,212 shares in the company, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 Stock Up 0.3%

NYSE:TJX opened at $155.86 on Monday. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $159.48. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43. 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. The firm’s 50 day simple moving average is $154.16 and its 200 day simple moving average is $144.92.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (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 during the quarter, compared to the consensus estimate of $14.80 billion. During the same quarter last year, the firm earned $1.14 earnings per share. 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, research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share 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 issued a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $1.70 annualized dividend and a yield of 1.1%. TJX Companies’s payout ratio is presently 37.53%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on TJX. Wells Fargo & Company reaffirmed a “positive” rating and issued a $150.00 price objective (up from $145.00) on shares of TJX Companies in a research note on Tuesday, December 16th. Sanford C. Bernstein restated an “outperform” rating and issued a $170.00 price target on shares of TJX Companies in a research note on Tuesday, January 6th. Robert W. Baird set a $168.00 price objective on shares of TJX Companies in a research report on Wednesday, December 17th. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, January 21st. Finally, BTIG Research reaffirmed a “buy” rating and set a $165.00 target price on shares of TJX Companies in a research note on Thursday, November 20th. Two research 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.com, the company currently has an average rating of “Buy” and an average target price of $163.86.

TJX Companies Company 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.