Cibc World Market Inc. Decreases Position in The TJX Companies, Inc. $TJX

Cibc World Market Inc. lowered its stake in The TJX Companies, Inc. (NYSE:TJX) by 1.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 303,221 shares of the apparel and home fashions retailer’s stock after selling 4,653 shares during the quarter. Cibc World Market Inc.’s holdings in TJX Companies were worth $43,828,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TJX. Brighton Jones LLC boosted its stake in shares of TJX Companies by 113.7% in the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after purchasing an additional 8,002 shares during the period. Revolve Wealth Partners LLC lifted its holdings in TJX Companies by 12.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock worth $262,000 after buying an additional 235 shares in the last quarter. Bison Wealth LLC boosted its position 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 valued at $466,000 after buying an additional 955 shares during the last quarter. Vest Financial LLC grew its stake in shares of TJX Companies by 35.3% during the second quarter. Vest Financial LLC now owns 13,923 shares of the apparel and home fashions retailer’s stock valued at $1,719,000 after acquiring an additional 3,634 shares in the last quarter. Finally, Verdence Capital Advisors LLC grew its stake in shares of TJX Companies by 1.2% during the second quarter. Verdence Capital Advisors LLC now owns 8,304 shares of the apparel and home fashions retailer’s stock valued at $1,025,000 after acquiring an additional 101 shares in the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Stock Down 1.7%

TJX stock opened at $150.74 on Thursday. The firm has a market cap of $167.39 billion, a price-to-earnings ratio of 33.28, a PEG ratio of 2.93 and a beta of 0.74. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $159.48. The firm has a fifty day moving average price of $154.34 and a two-hundred day moving average price of $145.36. 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 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. Research 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 payout ratio is presently 37.53%.

Insider Activity at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of the 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 directly owned 535,143 shares in the company, valued at approximately $79,634,629.83. This represents a 5.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Amy B. Lane sold 500 shares of the firm’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 sale, the director directly owned 22,212 shares in the company, valued at approximately $3,362,896.80. This trade represents a 2.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 54,863 shares of company stock valued at $8,226,366 over the last ninety days. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

TJX has been the topic of several recent analyst reports. The Goldman Sachs Group boosted their price target on TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Citigroup reaffirmed a “buy” rating and issued a $168.00 target price (up from $160.00) on shares of TJX Companies in a research report on Thursday, November 20th. JPMorgan Chase & Co. increased their target price on TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. Barclays set a $172.00 price target on shares of TJX Companies and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $170.00 price objective on shares of TJX Companies in a research note on Tuesday, January 6th. Two analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $163.86.

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.