Vanguard Group Inc. Raises Position in The TJX Companies, Inc. $TJX

Vanguard Group Inc. increased its position in The TJX Companies, Inc. (NYSE:TJX) by 0.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 101,961,786 shares of the apparel and home fashions retailer’s stock after acquiring an additional 820,730 shares during the period. Vanguard Group Inc. owned about 9.16% of TJX Companies worth $14,737,557,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TJX. Lavaca Capital LLC purchased a new position in shares of TJX Companies during the second quarter valued at approximately $25,000. Princeton Global Asset Management LLC bought a new stake in shares of TJX Companies in the second quarter worth $28,000. Howard Hughes Medical Institute bought a new position in TJX Companies in the second quarter valued at about $30,000. Legacy Investment Solutions LLC purchased a new position in TJX Companies in the second quarter worth about $32,000. Finally, Capital A Wealth Management LLC grew its stake in shares of TJX Companies by 776.7% during the 2nd quarter. Capital A Wealth Management LLC now owns 263 shares of the apparel and home fashions retailer’s stock valued at $32,000 after purchasing an additional 233 shares during the period. 91.09% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TJX has been the topic of several analyst reports. Sanford C. Bernstein reiterated an “outperform” rating and set a $170.00 price target on shares of TJX Companies in a research note on Tuesday, January 6th. BTIG Research reaffirmed a “buy” rating and set a $165.00 price objective on shares of TJX Companies in a research report on Thursday, November 20th. Guggenheim raised shares of TJX Companies to a “strong-buy” rating in a report on Wednesday, December 10th. Wells Fargo & Company reaffirmed a “positive” rating and set a $150.00 price target (up previously from $145.00) on shares of TJX Companies in a report on Tuesday, December 16th. Finally, Barclays set a $172.00 price objective on shares of TJX Companies and gave the stock an “overweight” rating in a research note on Thursday, December 4th. 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 data from MarketBeat.com, TJX Companies has a consensus rating of “Buy” and an average price target of $163.86.

TJX Companies Trading Up 0.2%

TJX stock opened at $154.49 on Monday. The firm has a fifty day moving average price of $154.45 and a 200 day moving average price of $145.90. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $159.48. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09. The firm has a market cap of $171.56 billion, a PE ratio of 34.10, a price-to-earnings-growth ratio of 2.95 and a beta of 0.74.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS 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 the consensus estimate of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.TJX Companies’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company 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. Sell-side analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be given a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, February 12th. TJX Companies’s payout ratio is 37.53%.

Insider Transactions at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction on 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 completion of the sale, the chief executive officer owned 535,143 shares in the company, valued at $79,634,629.83. This represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction on Friday, November 21st. The shares were 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 54,863 shares of company stock worth $8,226,366 over the last 90 days. Insiders own 0.13% of the company’s stock.

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.