Teacher Retirement System of Texas Sells 28,469 Shares of The TJX Companies, Inc. $TJX

Teacher Retirement System of Texas trimmed its position in The TJX Companies, Inc. (NYSE:TJX) by 4.8% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 569,298 shares of the apparel and home fashions retailer’s stock after selling 28,469 shares during the period. Teacher Retirement System of Texas’ holdings in TJX Companies were worth $82,286,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in TJX Companies by 0.7% in the second quarter. Vanguard Group Inc. now owns 101,141,056 shares of the apparel and home fashions retailer’s stock valued at $12,489,909,000 after acquiring an additional 727,292 shares during the last quarter. State Street Corp lifted its position in TJX Companies by 0.6% during the 2nd quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock valued at $6,001,063,000 after purchasing an additional 285,737 shares during the period. Geode Capital Management LLC boosted its stake in shares of TJX Companies by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock valued at $3,205,927,000 after purchasing an additional 301,127 shares during the last quarter. Norges Bank acquired a new stake in shares of TJX Companies during the 2nd quarter worth approximately $1,808,774,000. Finally, Invesco Ltd. raised its stake in shares of TJX Companies by 0.9% during the second quarter. Invesco Ltd. now owns 9,081,087 shares of the apparel and home fashions retailer’s stock worth $1,121,423,000 after buying an additional 80,487 shares during the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 24,363 shares of the business’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the sale, the chief executive officer directly owned 510,780 shares of the company’s stock, valued at $77,286,121.80. The trade was a 4.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $3,362,896.80. The trade was a 2.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 54,863 shares of company stock worth $8,226,366 over the last quarter. Company insiders own 0.13% of the company’s stock.

TJX Companies Stock Down 1.6%

TJX stock opened at $153.32 on Friday. 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 stock has a market capitalization of $170.26 billion, a P/E ratio of 33.85, a P/E/G ratio of 3.27 and a beta of 0.75. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $159.48. The business has a 50-day moving average of $153.77 and a 200-day moving average of $142.55.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The business had revenue of $15.12 billion for 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%.TJX Companies’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter last year, the firm 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. On average, 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 firm also recently announced 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. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. TJX Companies’s dividend payout ratio (DPR) is 37.53%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on TJX shares. Bank of America raised their price objective on shares of TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday. Guggenheim upgraded TJX Companies to a “strong-buy” rating in a report on Wednesday, December 10th. Telsey Advisory Group reissued an “outperform” rating and issued a $170.00 target price on shares of TJX Companies in a research note on Thursday, December 4th. Finally, JPMorgan Chase & Co. raised their price target on TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the stock. Based on data from MarketBeat.com, TJX Companies presently has an average rating of “Buy” and a consensus target price of $163.86.

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.