Costello Asset Management INC Acquires 3,275 Shares of The TJX Companies, Inc. $TJX

Costello Asset Management INC raised its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 19.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,465 shares of the apparel and home fashions retailer’s stock after purchasing an additional 3,275 shares during the quarter. TJX Companies accounts for about 1.0% of Costello Asset Management INC’s portfolio, making the stock its 25th largest position. Costello Asset Management INC’s holdings in TJX Companies were worth $2,958,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its position 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 worth $1,817,000 after acquiring an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake 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 last quarter. Bison Wealth LLC boosted its holdings in shares of 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 worth $466,000 after purchasing an additional 955 shares during the period. Concurrent Investment Advisors LLC raised its holdings in TJX Companies by 4.2% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 69,813 shares of the apparel and home fashions retailer’s stock valued at $8,621,000 after buying an additional 2,783 shares during the period. Finally, Ellis Investment Partners LLC lifted its position in TJX Companies by 1.3% in the second quarter. Ellis Investment Partners LLC now owns 10,042 shares of the apparel and home fashions retailer’s stock worth $1,240,000 after buying an additional 126 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors.

Insider Transactions at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the transaction, the chief executive officer directly owned 535,143 shares in the company, valued at approximately $79,634,629.83. This trade represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $151.40, for a total transaction of $75,700.00. Following the transaction, the director directly owned 22,212 shares in the company, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 54,863 shares of company stock worth $8,226,366 in the last three months. Insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Bank of America boosted their price objective on shares of TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Robert W. Baird set a $168.00 price target on shares of TJX Companies in a report on Wednesday, December 17th. UBS Group reissued a “buy” rating and issued a $193.00 price objective (up from $181.00) on shares of TJX Companies in a research report on Thursday, January 8th. Sanford C. Bernstein restated an “outperform” rating and set a $170.00 target price on shares of TJX Companies in a research report on Tuesday, January 6th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $170.00 target price on shares of TJX Companies in a research note on Tuesday, November 11th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $163.86.

TJX Companies Stock Up 0.2%

Shares of NYSE TJX opened at $156.11 on Tuesday. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $159.48. The firm has a market capitalization of $173.36 billion, a price-to-earnings ratio of 34.46, a PEG ratio of 2.98 and a beta of 0.74. The stock has a 50 day moving average price of $154.27 and a 200 day moving average price of $145.13. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping the consensus estimate of $1.22 by $0.06. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The company had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. During the same period last year, the business posted $1.14 EPS. TJX Companies’s quarterly revenue 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. Sell-side analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

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