The TJX Companies, Inc. $TJX Position Cut by Nippon Life Global Investors Americas Inc.

Nippon Life Global Investors Americas Inc. lowered its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 10.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 180,080 shares of the apparel and home fashions retailer’s stock after selling 21,990 shares during the period. Nippon Life Global Investors Americas Inc.’s holdings in TJX Companies were worth $26,029,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Lavaca Capital LLC bought a new stake in shares of TJX Companies during the second quarter valued at about $25,000. Princeton Global Asset Management LLC acquired a new position in TJX Companies during the 2nd quarter valued at about $28,000. Highline Wealth Partners LLC increased its stake in TJX Companies by 65.0% during the 3rd quarter. Highline Wealth Partners LLC now owns 231 shares of the apparel and home fashions retailer’s stock valued at $33,000 after buying an additional 91 shares during the period. Howard Hughes Medical Institute bought a new stake in shares of TJX Companies during the 2nd quarter worth about $30,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of TJX Companies in the 2nd quarter worth approximately $32,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Up 0.9%

NYSE:TJX opened at $157.50 on Friday. The business’s fifty day moving average price is $153.05 and its 200 day moving average price is $141.83. The firm has a market capitalization of $174.90 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 3.30 and a beta of 0.75. The company has a current ratio of 1.09, a quick ratio of 0.43 and a debt-to-equity ratio of 0.20. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $159.48.

TJX Companies (NYSE:TJX) last released its 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. The company had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The business’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.14 EPS. 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, sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be paid a dividend of $0.425 per share. 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 37.53%.

Analyst Ratings Changes

Several equities research analysts recently commented on TJX shares. Barclays set a $172.00 target price on TJX Companies and gave the stock an “overweight” rating in a report on Thursday, December 4th. Bank of America boosted their price objective on TJX Companies from $150.00 to $168.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. UBS Group reaffirmed a “buy” rating and set a $193.00 target price (up previously from $181.00) on shares of TJX Companies in a research note on Thursday, January 8th. Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. Finally, BTIG Research restated a “buy” rating and set a $165.00 price objective on shares of TJX Companies in a research report on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating and twenty-four have given a Buy rating to the company. Based on data from MarketBeat.com, TJX Companies presently has a consensus rating of “Buy” and a consensus price target of $163.86.

Insider Buying and Selling at TJX Companies

In other TJX Companies 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 value 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 document filed with the SEC, which is available at this hyperlink. 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 sale, the director directly owned 22,212 shares of the company’s stock, valued at $3,362,896.80. This trade represents a 2.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 54,863 shares of company stock worth $8,226,366. 0.13% of the stock is currently owned by corporate insiders.

TJX Companies Company 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.