The TJX Companies, Inc. $TJX Position Cut by GeoWealth Management LLC

GeoWealth Management LLC lowered its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 10.9% during the 2nd quarter, Holdings Channel reports. The fund owned 30,299 shares of the apparel and home fashions retailer’s stock after selling 3,719 shares during the period. GeoWealth Management LLC’s holdings in TJX Companies were worth $3,742,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in TJX. Princeton Global Asset Management LLC acquired a new position in shares of TJX Companies during the second quarter valued at $28,000. Legacy Investment Solutions LLC acquired a new stake in TJX Companies in the second quarter worth about $32,000. True Wealth Design LLC grew its position in TJX Companies by 121.1% in 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 in the last quarter. Activest Wealth Management grew its position in 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 during the 2nd quarter valued at about $43,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Insiders Place Their Bets

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the business’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 sale, the chief executive officer owned 535,143 shares in the company, valued at approximately $79,634,629.83. The trade was a 5.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $151.40, for a total transaction of $75,700.00. Following the sale, the director directly owned 22,212 shares of the company’s stock, valued at $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 54,863 shares of company stock valued at $8,226,366 in the last quarter. 0.13% of the stock is currently owned by corporate insiders.

TJX Companies Stock Up 0.1%

TJX stock opened at $150.26 on Friday. The firm has a market cap of $166.86 billion, a PE ratio of 33.17, a P/E/G ratio of 3.36 and a beta of 0.76. The TJX Companies, Inc. has a 12 month low of $112.10 and a 12 month high of $154.66. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43. The firm has a 50 day simple moving average of $145.06 and a 200 day simple moving average of $135.40.

TJX Companies (NYSE:TJX) last posted its quarterly 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 58.30% and a net margin of 8.68%.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 prior year, the company earned $1.14 earnings per share. The firm’s 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. Equities research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th were issued a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, November 13th. TJX Companies’s dividend payout ratio is currently 37.53%.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Erste Group Bank started coverage on shares of TJX Companies in a research report on Friday, September 5th. They set a “buy” rating on the stock. TD Cowen raised their price objective on shares of TJX Companies from $162.00 to $167.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Robert W. Baird upped their target price on TJX Companies from $160.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday. BTIG Research reaffirmed a “buy” rating and set a $165.00 price target on shares of TJX Companies in a research note on Thursday, November 20th. Finally, Barclays set a $172.00 price target on TJX Companies and gave the company an “overweight” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, TJX Companies has an average rating of “Buy” and an average target price of $160.37.

TJX Companies 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.