Shelton Capital Management Sells 148,553 Shares of The TJX Companies, Inc. $TJX

Shelton Capital Management decreased its position in The TJX Companies, Inc. (NYSE:TJX) by 54.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 123,393 shares of the apparel and home fashions retailer’s stock after selling 148,553 shares during the quarter. Shelton Capital Management’s holdings in TJX Companies were worth $15,238,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. First American Bank increased its stake in shares of TJX Companies by 4.5% during the 2nd quarter. First American Bank now owns 138,840 shares of the apparel and home fashions retailer’s stock worth $17,145,000 after purchasing an additional 5,921 shares during the last quarter. FCG Investment Co bought a new stake in TJX Companies in the 1st quarter valued at $2,620,000. MinichMacGregor Wealth Management LLC acquired a new position in shares of TJX Companies in the second quarter valued at about $5,045,000. Empowered Funds LLC increased its holdings in shares of TJX Companies by 66.6% during the second quarter. Empowered Funds LLC now owns 76,998 shares of the apparel and home fashions retailer’s stock worth $9,508,000 after purchasing an additional 30,779 shares during the period. Finally, Hendley & Co. Inc. increased its stake in TJX Companies by 75.0% during the 2nd quarter. Hendley & Co. Inc. now owns 8,305 shares of the apparel and home fashions retailer’s stock worth $1,026,000 after acquiring an additional 3,560 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

TJX has been the subject of several analyst reports. Evercore ISI boosted their target price on shares of TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. Barclays reissued an “overweight” rating and set a $168.00 price target (up from $155.00) on shares of TJX Companies in a research note on Thursday, November 20th. Wells Fargo & Company reiterated a “market perform” rating and set a $145.00 price target (up previously from $140.00) on shares of TJX Companies in a report on Thursday, November 20th. Telsey Advisory Group reiterated an “outperform” rating and issued a $170.00 target price (up from $155.00) on shares of TJX Companies in a report on Wednesday, November 19th. Finally, BTIG Research reaffirmed a “buy” rating and set a $165.00 price target on shares of TJX Companies in a research report on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $158.90.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction on 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 transaction, the director owned 22,212 shares in the company, valued at $3,362,896.80. This represents a 2.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction dated 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 owned 535,143 shares of the company’s stock, valued at approximately $79,634,629.83. The trade was a 5.31% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 54,863 shares of company stock worth $8,226,366. Insiders own 0.13% of the company’s stock.

TJX Companies Trading Down 0.4%

NYSE:TJX opened at $152.45 on Monday. The company has a market cap of $169.67 billion, a PE ratio of 34.73, a PEG ratio of 3.14 and a beta of 0.90. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $154.66. The firm has a 50-day moving average of $144.25 and a 200-day moving average of $134.95. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.06. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. During the same quarter in the previous year, the firm 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. FY 2026 guidance at 4.630-4.660 EPS. As a group, equities research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.1%. TJX Companies’s dividend payout ratio (DPR) is currently 37.53%.

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.