Crestwood Advisors Group LLC Sells 16,136 Shares of The TJX Companies, Inc. $TJX

Crestwood Advisors Group LLC cut its holdings in The TJX Companies, Inc. (NYSE:TJX) by 3.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 478,150 shares of the apparel and home fashions retailer’s stock after selling 16,136 shares during the period. TJX Companies accounts for approximately 1.2% of Crestwood Advisors Group LLC’s portfolio, making the stock its 20th biggest holding. Crestwood Advisors Group LLC’s holdings in TJX Companies were worth $69,111,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. NEOS Investment Management LLC increased its position in TJX Companies by 48.3% in the 3rd quarter. NEOS Investment Management LLC now owns 131,542 shares of the apparel and home fashions retailer’s stock worth $19,013,000 after buying an additional 42,828 shares during the period. Zweig DiMenna Associates LLC acquired a new stake in shares of TJX Companies in the third quarter worth $6,024,000. Holistic Financial Partners bought a new position in TJX Companies during the third quarter worth $281,000. GSA Capital Partners LLP raised its stake in TJX Companies by 74.7% during the 3rd quarter. GSA Capital Partners LLP now owns 23,719 shares of the apparel and home fashions retailer’s stock valued at $3,428,000 after purchasing an additional 10,143 shares during the last quarter. Finally, Rothschild Investment LLC raised its stake in TJX Companies by 21.4% during the 3rd quarter. Rothschild Investment LLC now owns 3,411 shares of the apparel and home fashions retailer’s stock valued at $493,000 after purchasing an additional 602 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction 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 owned 22,212 shares in the company, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $148.81, for a total value of $4,464,300.00. Following the sale, the chief executive officer owned 535,143 shares in the company, valued at $79,634,629.83. The trade was a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 54,863 shares of company stock valued at $8,226,366. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Robert W. Baird set a $168.00 price objective on shares of TJX Companies in a report on Wednesday, December 17th. Jefferies Financial Group restated a “buy” rating and set a $170.00 price target on shares of TJX Companies in a research note on Tuesday, November 11th. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research note on Sunday, January 11th. Deutsche Bank Aktiengesellschaft set a $184.00 price target on shares of TJX Companies in a research note on Thursday, January 8th. Finally, BTIG Research restated a “buy” rating and issued a $165.00 price objective on shares of TJX Companies in a research note on Thursday, November 20th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $163.86.

TJX Companies Stock Up 0.2%

Shares of NYSE TJX opened at $154.49 on Tuesday. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $159.48. 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 business has a fifty day moving average of $154.47 and a two-hundred day moving average of $146.11. The stock has a market cap of $171.56 billion, a PE ratio of 34.10, a PEG ratio of 2.95 and a beta of 0.74.

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 (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 business had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same quarter last year, the company posted $1.14 EPS. The firm’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. As a group, equities research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 12th will be issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, February 12th. TJX Companies’s dividend payout ratio (DPR) is currently 37.53%.

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.