6,228 Shares in The TJX Companies, Inc. $TJX Purchased by Neo Ivy Capital Management

Neo Ivy Capital Management purchased a new stake in shares of The TJX Companies, Inc. (NYSE:TJX) in the 2nd quarter, Holdings Channel reports. The fund purchased 6,228 shares of the apparel and home fashions retailer’s stock, valued at approximately $769,000.

Several other institutional investors have also recently made changes to their positions in TJX. Brighton Jones LLC lifted its stake in 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 acquiring an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of 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 valued at $262,000 after purchasing an additional 235 shares during the period. Bison Wealth LLC lifted its stake 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 purchasing an additional 955 shares during the last quarter. Advisor OS LLC lifted its stake in TJX Companies by 17.0% in the 1st quarter. Advisor OS LLC now owns 3,533 shares of the apparel and home fashions retailer’s stock valued at $430,000 after purchasing an additional 514 shares during the last quarter. Finally, Brookwood Investment Group LLC bought a new position in TJX Companies during the first quarter worth about $296,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. Sanford C. Bernstein upped their price objective on shares of TJX Companies from $152.00 to $155.00 and gave the company an “outperform” rating in a report on Thursday. Citigroup reissued a “buy” rating and issued a $168.00 price objective (up from $160.00) on shares of TJX Companies in a research report on Thursday. Erste Group Bank initiated coverage on shares of TJX Companies in a report on Friday, September 5th. They set a “buy” rating for the company. Finally, UBS Group upped their price target on shares of TJX Companies from $172.00 to $181.00 and gave the company a “buy” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $158.90.

TJX Companies Stock Up 2.3%

TJX opened at $151.46 on Friday. The stock has a fifty day moving average of $143.04 and a 200-day moving average of $134.10. The company has a market capitalization of $168.57 billion, a P/E ratio of 34.50, a P/E/G ratio of 3.14 and a beta of 0.90. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $152.58. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. During the same period last year, the firm earned $1.14 earnings per share. TJX Companies’s revenue for the quarter was up 7.5% compared to the same quarter last year. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. On average, equities analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be paid a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, November 13th. TJX Companies’s payout ratio is 38.72%.

Insider Buying and Selling

In other news, CEO Ernie Herrman sold 24,363 shares of the 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 directly owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. This represents a 4.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction dated 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 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 SEC filing for this sale provides additional information. Insiders have sold 54,863 shares of company stock worth $8,226,366 in the last three months. 0.13% of the stock is currently owned by company insiders.

TJX Companies Company Profile

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.