5,127 The TJX Companies, Inc. $TJX Shares Sold by Lyell Wealth Management LP

Lyell Wealth Management LP cut its position in The TJX Companies, Inc. (NYSE:TJX) by 7.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 66,923 shares of the apparel and home fashions retailer’s stock after selling 5,127 shares during the period. Lyell Wealth Management LP’s holdings in TJX Companies were worth $8,855,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Cetera Trust Company N.A acquired a new stake in shares of TJX Companies during the second quarter worth approximately $27,000. William Mack & Associates Inc. bought a new position in shares of TJX Companies in the third quarter valued at approximately $29,000. Evergreen Advisors LLC acquired a new position in shares of TJX Companies in the 1st quarter worth approximately $36,000. Cedar Mountain Advisors LLC boosted its holdings in shares of TJX Companies by 47.7% in the 1st quarter. Cedar Mountain Advisors LLC now owns 226 shares of the apparel and home fashions retailer’s stock worth $36,000 after acquiring an additional 73 shares in the last quarter. Finally, Kelly Lawrence W & Associates Inc. CA bought a new stake in TJX Companies during the 2nd quarter worth approximately $35,000. 91.09% of the stock is owned by institutional investors.

TJX Companies Stock Down 2.5%

Shares of NYSE TJX opened at $137.54 on Wednesday. The firm has a market capitalization of $151.29 billion, a PE ratio of 25.42, a price-to-earnings-growth ratio of 2.67 and a beta of 0.58. The company has a current ratio of 1.15, a quick ratio of 0.56 and a debt-to-equity ratio of 0.18. The TJX Companies, Inc. has a 1 year low of $122.78 and a 1 year high of $170.00. The firm’s 50-day moving average is $135.65 and its 200-day moving average is $151.02.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, topping the consensus estimate of $1.19 by $0.03. The company had revenue of $15.18 billion during the quarter, compared to analysts’ expectations of $15.16 billion. TJX Companies had a net margin of 9.73% and a return on equity of 56.56%. TJX Companies’s revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.10 EPS. TJX Companies has set its FY 2027 guidance at 5.150-5.200 EPS and its Q3 2027 guidance at 1.360-1.380 EPS. Equities analysts expect that The TJX Companies, Inc. will post 5.22 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 12th will be given a dividend of $0.48 per share. The ex-dividend date is Thursday, November 12th. This represents a $1.92 annualized dividend and a dividend yield of 1.4%. TJX Companies’s payout ratio is presently 35.49%.

Wall Street Analysts Forecast Growth

TJX has been the subject of a number of recent analyst reports. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $175.00 price target on shares of TJX Companies in a report on Tuesday, August 25th. Evercore reissued an “outperform” rating and issued a $173.00 price objective (down from $175.00) on shares of TJX Companies in a research note on Thursday, August 20th. Citigroup cut TJX Companies from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $182.00 to $154.00 in a report on Thursday, August 20th. Morgan Stanley set a $178.00 target price on TJX Companies and gave the stock an “overweight” rating in a report on Thursday, August 20th. Finally, Barclays set a $188.00 target price on TJX Companies and gave the company an “overweight” rating in a research note on Thursday, August 20th. Twenty-one analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $174.95.

TJX Companies Company Profile

The TJX Companies, Inc (NYSE: TJX) is an off-price retailer specializing in apparel, footwear, accessories, and home merchandise. Its stores offer branded and designer products at prices generally below those of full-price retailers, using a flexible purchasing model that allows the company to acquire merchandise from manufacturers, retailers, and other suppliers.

The company operates a portfolio of retail banners, including T.J. Maxx, Marshalls, HomeGoods, Sierra, and Homesense in the United States; Winners, HomeSense, and Marshalls in Canada; and TK Maxx and Homesense in Europe and Australia.