Public Sector Pension Investment Board Sells 21,855 Shares of The TJX Companies, Inc. $TJX

Public Sector Pension Investment Board cut its holdings in The TJX Companies, Inc. (NYSE:TJX) by 2.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 871,565 shares of the apparel and home fashions retailer’s stock after selling 21,855 shares during the quarter. Public Sector Pension Investment Board owned about 0.08% of TJX Companies worth $125,976,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Lavaca Capital LLC acquired a new position in shares of TJX Companies in the second quarter valued at approximately $25,000. Princeton Global Asset Management LLC bought a new stake in TJX Companies in the 2nd quarter valued at $28,000. Highline Wealth Partners LLC boosted its stake in TJX Companies by 65.0% in the 3rd quarter. Highline Wealth Partners LLC now owns 231 shares of the apparel and home fashions retailer’s stock worth $33,000 after purchasing an additional 91 shares during the period. Howard Hughes Medical Institute bought a new position in TJX Companies during the 2nd quarter worth about $30,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of TJX Companies in the 2nd quarter valued at about $32,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other TJX Companies news, CEO Ernie Herrman sold 24,363 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.31, for a total value of $3,686,365.53. Following the sale, the chief executive officer owned 510,780 shares in the company, valued at $77,286,121.80. This represents a 4.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction that occurred on 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 sale, the director directly owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 54,863 shares of company stock valued at $8,226,366 over the last quarter. 0.13% of the stock is currently owned by company insiders.

TJX Companies Trading Up 2.3%

Shares of TJX Companies stock opened at $154.15 on Friday. The stock has a market cap of $171.18 billion, a P/E ratio of 34.03, a P/E/G ratio of 2.88 and a beta of 0.74. 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 TJX Companies, Inc. has a 12-month low of $112.10 and a 12-month high of $159.48. The business’s 50 day moving average is $154.42 and its 200-day moving average is $145.42.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share 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 for the quarter, compared to the consensus estimate of $14.80 billion. During the same period in the previous year, the company earned $1.14 earnings per share. 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. Equities research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be issued a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, February 12th. TJX Companies’s dividend payout ratio is presently 37.53%.

Analyst Ratings Changes

Several research analysts have recently weighed in on TJX shares. TD Cowen reaffirmed a “buy” rating on shares of TJX Companies in a research report on Thursday, November 20th. Wells Fargo & Company restated a “positive” rating and issued a $150.00 target price (up previously from $145.00) on shares of TJX Companies in a research note on Tuesday, December 16th. The Goldman Sachs Group raised their price target on shares of TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Morgan Stanley reiterated an “overweight” rating and issued a $162.00 price objective (up from $159.00) on shares of TJX Companies in a report on Thursday, November 20th. Finally, Robert W. Baird set a $168.00 target price on shares of TJX Companies in a report on Wednesday, December 17th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the stock. According to MarketBeat, TJX Companies presently has an average rating of “Buy” and an average price target of $163.86.

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.