B. Metzler seel. Sohn & Co. AG Sells 12,378 Shares of The TJX Companies, Inc. $TJX

B. Metzler seel. Sohn & Co. AG trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 9.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 117,781 shares of the apparel and home fashions retailer’s stock after selling 12,378 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in TJX Companies were worth $17,024,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in TJX. Vanguard Group Inc. raised its holdings in TJX Companies by 0.8% during the 3rd quarter. Vanguard Group Inc. now owns 101,961,786 shares of the apparel and home fashions retailer’s stock valued at $14,737,557,000 after buying an additional 820,730 shares during the period. State Street Corp boosted its stake in TJX Companies by 0.6% during the second quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock worth $6,001,063,000 after buying an additional 285,737 shares during the period. Geode Capital Management LLC boosted its stake in TJX Companies by 1.2% during the second quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock worth $3,205,927,000 after buying an additional 301,127 shares during the period. Norges Bank bought a new position in TJX Companies during the second quarter valued at $1,808,774,000. Finally, Invesco Ltd. raised its stake in shares of TJX Companies by 0.9% in the second quarter. Invesco Ltd. now owns 9,081,087 shares of the apparel and home fashions retailer’s stock valued at $1,121,423,000 after acquiring an additional 80,487 shares during the period. Institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Bank of America lifted their price target on shares of TJX Companies from $150.00 to $168.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. BTIG Research reissued a “buy” rating and issued a $185.00 price objective (up from $165.00) on shares of TJX Companies in a research report on Thursday, February 26th. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, January 21st. UBS Group restated a “buy” rating on shares of TJX Companies in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft set a $184.00 target price on TJX Companies in a research note on Thursday, January 8th. Three equities research analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $167.55.

TJX Companies Trading Down 0.8%

Shares of TJX opened at $159.61 on Friday. The firm has a market capitalization of $177.24 billion, a price-to-earnings ratio of 32.71, a PEG ratio of 3.67 and a beta of 0.73. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.59. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $162.68. The company has a 50-day moving average of $155.30 and a 200 day moving average of $148.65.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.05. The business had revenue of $17.74 billion for the quarter, compared to the consensus estimate of $17.36 billion. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.23 EPS. TJX Companies has set its FY 2027 guidance at 4.930-5.020 EPS and its Q1 2027 guidance at 0.970-0.990 EPS. On average, research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th were 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 was Thursday, February 12th. TJX Companies’s dividend payout ratio (DPR) is presently 34.84%.

Insider Buying and Selling

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the completion of the sale, the chief executive officer directly owned 479,316 shares of the company’s stock, valued at $77,145,910.20. The trade was a 5.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.13% of the stock is owned by 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.