The TJX Companies, Inc. $TJX Stock Position Lowered by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lowered its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 933,248 shares of the apparel and home fashions retailer’s stock after selling 4,792 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in TJX Companies were worth $133,137,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of TJX Companies in the 2nd quarter worth approximately $1,808,774,000. Laurel Wealth Advisors LLC increased its holdings in shares of TJX Companies by 12,417.0% in the second quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock valued at $501,033,000 after buying an additional 4,024,859 shares in the last quarter. Corient Private Wealth LLC increased its holdings in shares of TJX Companies by 120.7% in the second quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock valued at $620,406,000 after buying an additional 2,743,676 shares in the last quarter. ABN AMRO Bank N.V. acquired a new stake in shares of TJX Companies during the 2nd quarter valued at $244,687,000. Finally, Mirova US LLC boosted its stake in shares of TJX Companies by 164.5% during the 2nd quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock worth $333,319,000 after acquiring an additional 1,678,665 shares in the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Price Performance

NYSE TJX opened at $157.50 on Monday. The company has a 50 day simple moving average of $153.05 and a 200-day simple moving average of $141.95. 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 market capitalization of $174.90 billion, a price-to-earnings ratio of 34.77, a price-to-earnings-growth ratio of 3.30 and a beta of 0.75. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $159.48.

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 analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The firm had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. During the same period in the previous year, the firm posted $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 predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

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 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 is Thursday, February 12th. TJX Companies’s dividend payout ratio (DPR) is currently 37.53%.

Analyst Ratings Changes

TJX has been the subject of several analyst reports. Evercore ISI upped their target price on TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. The Goldman Sachs Group upped their price objective on shares of TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. TD Cowen raised their target price on shares of TJX Companies from $162.00 to $167.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a report on Wednesday, December 10th. Finally, Wells Fargo & Company reaffirmed a “positive” rating and issued a $150.00 price objective (up previously from $145.00) on shares of TJX Companies in a research note on Tuesday, December 16th. Two research analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $163.86.

Insiders Place Their Bets

In other TJX Companies 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 value of $75,700.00. Following the transaction, the director 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 document filed with the SEC, which is available through the SEC website. Also, CEO Ernie Herrman sold 24,363 shares of the company’s stock in a transaction dated Friday, November 21st. The stock was 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 in the company, valued at approximately $77,286,121.80. The trade was a 4.55% 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 have sold 54,863 shares of company stock valued at $8,226,366. 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.