The TJX Companies, Inc. $TJX Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 119,498 shares of the apparel and home fashions retailer’s stock after selling 5,246 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in TJX Companies were worth $17,272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in TJX. Lavaca Capital LLC acquired a new position in TJX Companies in the second quarter valued at approximately $25,000. Princeton Global Asset Management LLC acquired a new stake in TJX Companies during the second quarter worth approximately $28,000. Howard Hughes Medical Institute purchased a new stake in shares of TJX Companies during the 2nd quarter worth approximately $30,000. Legacy Investment Solutions LLC acquired a new position in shares of TJX Companies in the 2nd quarter valued at $32,000. Finally, Capital A Wealth Management LLC grew its position in shares of TJX Companies by 776.7% in 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 buying an additional 233 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Down 0.2%

TJX opened at $153.17 on Friday. The business has a 50 day moving average price of $153.91 and a two-hundred day moving average price of $142.75. 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 company has a market cap of $170.09 billion, a PE 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.

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 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%.The company’s revenue was up 7.5% on a year-over-year basis. During the same period last year, the business 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. As a group, research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current 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 1.1%. The ex-dividend date is Thursday, February 12th. TJX Companies’s dividend payout ratio (DPR) is 37.53%.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $151.40, for a total transaction of $75,700.00. Following the completion of the transaction, the director owned 22,212 shares in the company, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the firm’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 of the company’s stock, valued at $79,634,629.83. This trade represents a 5.31% 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 three months. 0.13% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on TJX shares. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Sunday, January 11th. The Goldman Sachs Group boosted their target price on TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a report on Thursday, November 20th. BTIG Research reissued a “buy” rating and issued a $165.00 target price on shares of TJX Companies in a research report on Thursday, November 20th. Robert W. Baird set a $168.00 price target on TJX Companies in a research report on Wednesday, December 17th. Finally, TD Cowen reissued a “buy” rating on shares of TJX Companies in a report on Thursday, November 20th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the stock. Based on data from MarketBeat, TJX Companies currently has an average rating of “Buy” and an average price target of $163.86.

TJX Companies Company 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.