ABN Amro Investment Solutions Sells 10,471 Shares of The TJX Companies, Inc. $TJX

ABN Amro Investment Solutions lessened its holdings in The TJX Companies, Inc. (NYSE:TJX) by 10.4% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 90,176 shares of the apparel and home fashions retailer’s stock after selling 10,471 shares during the period. ABN Amro Investment Solutions’ holdings in TJX Companies were worth $13,034,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. High Note Wealth LLC lifted its holdings in TJX Companies by 12.1% in the 3rd quarter. High Note Wealth LLC now owns 667 shares of the apparel and home fashions retailer’s stock worth $96,000 after purchasing an additional 72 shares in the last quarter. Valley National Advisers Inc. raised its position in shares of TJX Companies by 2.3% during the third quarter. Valley National Advisers Inc. now owns 3,271 shares of the apparel and home fashions retailer’s stock valued at $472,000 after buying an additional 73 shares during the last quarter. Webster Bank N. A. raised its position in shares of TJX Companies by 1.6% during the third quarter. Webster Bank N. A. now owns 4,574 shares of the apparel and home fashions retailer’s stock valued at $661,000 after buying an additional 73 shares during the last quarter. REAP Financial Group LLC lifted its holdings in shares of TJX Companies by 12.1% in the third quarter. REAP Financial Group LLC now owns 676 shares of the apparel and home fashions retailer’s stock worth $98,000 after buying an additional 73 shares in the last quarter. Finally, Banco de Sabadell S.A boosted its position in shares of TJX Companies by 0.4% during the second quarter. Banco de Sabadell S.A now owns 20,951 shares of the apparel and home fashions retailer’s stock worth $2,587,000 after acquiring an additional 77 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

TJX has been the topic of a number of research reports. Evercore lifted their price target on shares of TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. Guggenheim upgraded TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. Sanford C. Bernstein restated an “outperform” rating and set a $170.00 price target on shares of TJX Companies in a report on Tuesday, January 6th. Wells Fargo & Company reaffirmed a “positive” rating and set a $150.00 price objective (up from $145.00) on shares of TJX Companies in a report on Tuesday, December 16th. Finally, Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $163.86.

Insider Activity at TJX Companies

In related news, 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 transaction of $75,700.00. Following the completion of the sale, the director directly 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $148.81, for a total value of $4,464,300.00. Following the transaction, 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 position. The SEC filing for this sale provides additional information. Insiders have sold 54,863 shares of company stock valued at $8,226,366 in the last 90 days. Company insiders own 0.13% of the company’s stock.

TJX Companies Stock Up 0.2%

Shares of TJX opened at $154.49 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 business has a fifty day moving average of $154.45 and a 200 day moving average of $145.75. The company has a market cap of $171.56 billion, a PE ratio of 34.10, a P/E/G ratio of 2.95 and a beta of 0.74. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $159.48.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.06. The business had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm 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, sell-side analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The company also recently disclosed 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 of this dividend is Thursday, February 12th. This represents a $1.70 annualized dividend and a yield of 1.1%. TJX Companies’s dividend payout ratio (DPR) is presently 37.53%.

TJX Companies 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.