The TJX Companies, Inc. $TJX Holdings Cut by Virtus Investment Advisers LLC

Virtus Investment Advisers LLC lowered its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,950 shares of the apparel and home fashions retailer’s stock after selling 479 shares during the period. Virtus Investment Advisers LLC’s holdings in TJX Companies were worth $1,352,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Princeton Global Asset Management LLC purchased a new position in TJX Companies in the second quarter valued at about $28,000. Legacy Investment Solutions LLC acquired a new stake in shares of TJX Companies during the 2nd quarter valued at about $32,000. True Wealth Design LLC lifted its holdings in shares of TJX Companies by 121.1% during the 2nd quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock valued at $34,000 after buying an additional 149 shares during the last quarter. Activest Wealth Management grew its stake in shares of TJX Companies by 4,485.7% in the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after buying an additional 314 shares in the last quarter. Finally, Maseco LLP acquired a new position in TJX Companies in the second quarter worth approximately $43,000. 91.09% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at TJX Companies

In related news, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction dated 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 directly owned 22,212 shares in the company, valued at $3,362,896.80. The trade was a 2.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Ernie Herrman sold 24,363 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $151.31, for a total value of $3,686,365.53. Following the completion of the transaction, the chief executive officer directly 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. Over the last three months, insiders have sold 54,863 shares of company stock worth $8,226,366. 0.13% of the stock is owned by company insiders.

TJX Companies Stock Down 0.4%

TJX opened at $152.45 on Friday. The business has a 50 day moving average of $144.25 and a 200-day moving average of $134.90. The stock has a market capitalization of $169.67 billion, a price-to-earnings ratio of 34.73, a P/E/G ratio of 3.14 and a beta of 0.90. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $154.66.

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, topping analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. During the same quarter in the previous year, the firm posted $1.14 earnings per share. TJX Companies’s 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. FY 2026 guidance at 4.630-4.660 EPS. As a group, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on TJX. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Jefferies Financial Group reaffirmed a “buy” rating and issued a $170.00 price objective on shares of TJX Companies in a research note on Tuesday, November 11th. Bank of America upped their price objective on shares of TJX Companies from $150.00 to $168.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Sanford C. Bernstein raised their target price on TJX Companies from $152.00 to $155.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. Finally, Robert W. Baird set a $160.00 price target on TJX Companies and gave the stock an “outperform” rating in a research note 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 given a Hold rating to the company. According to MarketBeat.com, TJX Companies currently has a consensus rating of “Buy” and an average price target of $158.90.

About TJX Companies

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.