Truist Financial Corp Sells 14,212 Shares of The TJX Companies, Inc. $TJX

Truist Financial Corp trimmed its position in The TJX Companies, Inc. (NYSE:TJX) by 2.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 519,643 shares of the apparel and home fashions retailer’s stock after selling 14,212 shares during the quarter. Truist Financial Corp’s holdings in TJX Companies were worth $75,109,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. EPG Wealth Management LLC raised its position in shares of TJX Companies by 7.1% during the 3rd quarter. EPG Wealth Management LLC now owns 8,076 shares of the apparel and home fashions retailer’s stock valued at $1,167,000 after purchasing an additional 537 shares during the period. AGP Franklin LLC increased its stake in TJX Companies by 3.0% in the 3rd quarter. AGP Franklin LLC now owns 23,811 shares of the apparel and home fashions retailer’s stock worth $3,442,000 after buying an additional 685 shares in the last quarter. DSG Capital Advisors LLC raised its holdings in TJX Companies by 1.5% during the third quarter. DSG Capital Advisors LLC now owns 33,716 shares of the apparel and home fashions retailer’s stock valued at $4,873,000 after acquiring an additional 488 shares during the period. Little House Capital LLC lifted its position in shares of TJX Companies by 2.3% in the third quarter. Little House Capital LLC now owns 15,867 shares of the apparel and home fashions retailer’s stock valued at $2,293,000 after acquiring an additional 362 shares in the last quarter. Finally, Marino Stram & Associates LLC boosted its stake in shares of TJX Companies by 62.3% in the third quarter. Marino Stram & Associates LLC now owns 3,886 shares of the apparel and home fashions retailer’s stock worth $562,000 after acquiring an additional 1,491 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

TJX Companies stock opened at $147.69 on Thursday. 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. The firm’s fifty day moving average is $154.08 and its 200 day moving average is $143.37. The company has a market cap of $164.00 billion, a price-to-earnings ratio of 32.60, a PEG ratio of 3.10 and a beta of 0.75.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data 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. The business had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The company’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period last year, the company earned $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. Sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 12th will be given a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, February 12th. TJX Companies’s dividend payout ratio is 37.53%.

Analysts Set New Price Targets

TJX has been the topic of several recent analyst reports. JPMorgan Chase & Co. lifted their target price on TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. Robert W. Baird set a $168.00 target price on shares of TJX Companies in a report on Wednesday, December 17th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, January 21st. Morgan Stanley reiterated an “overweight” rating and issued a $162.00 price target (up previously from $159.00) on shares of TJX Companies in a research note on Thursday, November 20th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $170.00 price objective on shares of TJX Companies in a report on Tuesday, November 11th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company’s stock. According to MarketBeat, TJX Companies presently has a consensus rating of “Buy” and an average price target of $163.86.

Insider Activity

In other TJX Companies news, CEO Ernie Herrman sold 24,363 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer owned 510,780 shares in the company, valued at $77,286,121.80. The trade was a 4.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, 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 value of $75,700.00. Following the completion of the sale, the director owned 22,212 shares in the company, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is owned by insiders.

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.