Mitsubishi UFJ Trust & Banking Corp Cuts Stock Holdings in The TJX Companies, Inc. $TJX

Mitsubishi UFJ Trust & Banking Corp lowered its stake in shares of The TJX Companies, Inc. (NYSE:TJXFree Report) by 1.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 839,837 shares of the apparel and home fashions retailer’s stock after selling 11,822 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned 0.08% of TJX Companies worth $121,390,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of TJX. Lavaca Capital LLC bought a new stake in TJX Companies in the 2nd quarter worth about $25,000. Princeton Global Asset Management LLC purchased a new position in shares of TJX Companies in the 2nd quarter worth approximately $28,000. Highline Wealth Partners LLC grew its holdings in shares of TJX Companies by 65.0% in the third quarter. Highline Wealth Partners LLC now owns 231 shares of the apparel and home fashions retailer’s stock valued at $33,000 after acquiring an additional 91 shares in the last quarter. Howard Hughes Medical Institute purchased a new stake in shares of TJX Companies during the second quarter valued at approximately $30,000. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of TJX Companies during the second quarter valued at approximately $32,000. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Trading Down 0.2%

Shares of TJX Companies stock opened at $153.17 on Friday. The stock has a market capitalization of $170.09 billion, a P/E ratio of 33.81, a P/E/G ratio of 3.22 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. 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 stock’s 50-day simple moving average is $153.91 and its 200 day simple moving average is $142.75.

TJX Companies (NYSE:TJXGet Free Report) last posted its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $14.80 billion. During the same quarter last year, the company earned $1.14 earnings per share. The company’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. As a group, research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 12th will be paid a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, February 12th. TJX Companies’s payout ratio is presently 37.53%.

Insider Transactions at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 24,363 shares of the firm’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 owned 510,780 shares in the company, valued at $77,286,121.80. This trade represents a 4.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Amy B. Lane sold 500 shares of the company’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 sale, the director owned 22,212 shares in the company, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 54,863 shares of company stock worth $8,226,366 in the last three months. 0.13% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday. BTIG Research reissued a “buy” rating and issued a $165.00 price target on shares of TJX Companies in a report on Thursday, November 20th. Telsey Advisory Group restated an “outperform” rating and set a $170.00 price objective on shares of TJX Companies in a report on Thursday, December 4th. TD Cowen reaffirmed a “buy” rating on shares of TJX Companies in a research report on Thursday, November 20th. Finally, Deutsche Bank Aktiengesellschaft set a $184.00 target price on shares of TJX Companies in a research note on Thursday, January 8th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $163.86.

View Our Latest Research Report on TJX Companies

TJX Companies Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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