Mirova US LLC Cuts Stake in The TJX Companies, Inc. $TJX

Mirova US LLC reduced its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.9% in the third quarter, Holdings Channel.com reports. The fund owned 2,594,672 shares of the apparel and home fashions retailer’s stock after selling 104,484 shares during the quarter. TJX Companies comprises about 3.8% of Mirova US LLC’s portfolio, making the stock its 7th largest holding. Mirova US LLC’s holdings in TJX Companies were worth $375,034,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of TJX Companies by 113.7% during 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 purchasing an additional 8,002 shares during the period. Revolve Wealth Partners LLC boosted its position in 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 buying an additional 235 shares during the period. Bison Wealth LLC grew 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 worth $466,000 after acquiring an additional 955 shares in the last quarter. MAI Capital Management increased its position in shares of TJX Companies by 0.6% during the first quarter. MAI Capital Management now owns 133,058 shares of the apparel and home fashions retailer’s stock worth $16,206,000 after acquiring an additional 800 shares during the period. Finally, Focus Partners Advisor Solutions LLC raised its stake in shares of TJX Companies by 13.1% during the first quarter. Focus Partners Advisor Solutions LLC now owns 22,062 shares of the apparel and home fashions retailer’s stock valued at $2,687,000 after acquiring an additional 2,561 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

TJX stock opened at $156.46 on Tuesday. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $157.82. The firm has a market cap of $173.74 billion, a price-to-earnings ratio of 34.54, a PEG ratio of 3.53 and a beta of 0.76. 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 firm has a 50-day simple moving average of $149.42 and a two-hundred day simple moving average of $138.80.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data 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 firm had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. During the same quarter in the previous year, the firm earned $1.14 EPS. The company’s quarterly revenue 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 and its FY 2026 guidance at 4.630-4.660 EPS. On average, equities analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

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

Insider Buying and Selling at TJX Companies

In related news, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction dated Thursday, November 20th. The stock was 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 of the company’s stock, valued at $79,634,629.83. This represents a 5.31% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction dated 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 sale, the director directly owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 54,863 shares of company stock worth $8,226,366. 0.13% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently issued reports on TJX shares. Cowen reissued a “buy” rating on shares of TJX Companies in a research note on Thursday, November 20th. Bank of America increased their price target on TJX Companies from $150.00 to $168.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Erste Group Bank began coverage on shares of TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating for the company. Barclays set a $172.00 target price on shares of TJX Companies and gave the company an “overweight” rating in a research report on Thursday, December 4th. Finally, Guggenheim raised shares of TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-three have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $161.50.

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.