Bailard Inc. Reduces Position in The TJX Companies, Inc. $TJX

Bailard Inc. trimmed its holdings in The TJX Companies, Inc. (NYSE:TJX) by 3.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 215,563 shares of the apparel and home fashions retailer’s stock after selling 7,621 shares during the quarter. Bailard Inc.’s holdings in TJX Companies were worth $31,157,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Lavaca Capital LLC purchased a new stake in shares of TJX Companies during the second quarter valued at $25,000. Princeton Global Asset Management LLC bought a new stake in TJX Companies during the 2nd quarter valued at about $28,000. Howard Hughes Medical Institute purchased a new stake in TJX Companies in the 2nd quarter valued at about $30,000. Legacy Investment Solutions LLC purchased a new stake in TJX Companies in the 2nd quarter valued at about $32,000. Finally, Capital A Wealth Management LLC grew 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 worth $32,000 after acquiring an additional 233 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

TJX stock opened at $155.99 on Wednesday. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $159.48. The firm has a market cap of $173.22 billion, a price-to-earnings ratio of 34.43, a PEG ratio of 3.30 and a beta of 0.75. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09. The firm has a 50-day simple moving average of $153.46 and a two-hundred day simple moving average of $142.38.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The company had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. TJX Companies’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. On average, equities analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently declared 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. The ex-dividend date is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. TJX Companies’s dividend payout ratio (DPR) is 37.53%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on TJX. The Goldman Sachs Group lifted their price target on shares of TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Morgan Stanley reaffirmed an “overweight” rating and set a $162.00 target price (up from $159.00) on shares of TJX Companies in a research report on Thursday, November 20th. TD Cowen upped their target price on TJX Companies from $162.00 to $167.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. UBS Group restated a “buy” rating and set a $193.00 price target (up previously from $181.00) on shares of TJX Companies in a research note on Thursday, January 8th. Finally, Wells Fargo & Company reiterated a “positive” rating and set a $150.00 target price (up from $145.00) on shares of TJX Companies in a report on Tuesday, December 16th. Two analysts have rated the stock with a Strong Buy rating and twenty-four have given a Buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $163.86.

Insider Activity

In other TJX Companies news, 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 completion of the transaction, the director owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. This trade represents a 2.20% 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, CEO Ernie Herrman sold 24,363 shares of TJX Companies stock in a transaction 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 $77,286,121.80. The trade was a 4.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 54,863 shares of company stock valued at $8,226,366. Corporate 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.