Nicola Wealth Management LTD. Lowers Stock Position in The TJX Companies, Inc. $TJX

Nicola Wealth Management LTD. lowered its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 28.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 69,000 shares of the apparel and home fashions retailer’s stock after selling 27,000 shares during the quarter. Nicola Wealth Management LTD.’s holdings in TJX Companies were worth $9,973,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of TJX Companies by 0.7% in the second quarter. Vanguard Group Inc. now owns 101,141,056 shares of the apparel and home fashions retailer’s stock valued at $12,489,909,000 after acquiring an additional 727,292 shares in the last quarter. State Street Corp raised its position in shares of TJX Companies by 0.6% during the second quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock valued at $6,001,063,000 after buying an additional 285,737 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of TJX Companies by 1.2% in the second quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock worth $3,205,927,000 after buying an additional 301,127 shares in the last quarter. Norges Bank purchased a new position in TJX Companies during the second quarter valued at $1,808,774,000. Finally, Invesco Ltd. increased its holdings in TJX Companies by 0.9% in the 2nd quarter. Invesco Ltd. now owns 9,081,087 shares of the apparel and home fashions retailer’s stock valued at $1,121,423,000 after acquiring an additional 80,487 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Amy B. Lane sold 500 shares of the stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.40, for a total transaction of $75,700.00. Following the transaction, the director owned 22,212 shares in the company, valued at $3,362,896.80. This trade represents a 2.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Ernie Herrman sold 24,363 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. This trade represents a 4.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 54,863 shares of company stock valued at $8,226,366 over the last 90 days. Company insiders own 0.13% of the company’s stock.

TJX Companies Trading Down 2.1%

TJX Companies stock opened at $150.01 on Tuesday. The stock has a 50-day moving average price of $154.00 and a 200 day moving average price of $143.17. The company has a market capitalization of $166.58 billion, a price-to-earnings ratio of 33.11, a price-to-earnings-growth ratio of 3.21 and a beta of 0.75. The TJX Companies, Inc. has a 52 week low of $112.10 and a 52 week high of $159.48. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $14.80 billion. During the same period last year, the business earned $1.14 earnings per share. 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 anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

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

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Wells Fargo & Company restated a “positive” rating and set a $150.00 target price (up from $145.00) on shares of TJX Companies in a research report on Tuesday, December 16th. Evercore ISI upped their price target on shares of TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Bank of America lifted their price target on shares of TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Morgan Stanley restated 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, TD Cowen reaffirmed a “buy” rating on shares of TJX Companies in a research report on Thursday, November 20th. Two investment 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.com, the company has an average rating of “Buy” and a consensus target price 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.