Phoenix Financial Ltd. Has $6.67 Million Stock Position in The TJX Companies, Inc. $TJX

Phoenix Financial Ltd. cut its holdings in The TJX Companies, Inc. (NYSE:TJX) by 36.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 45,810 shares of the apparel and home fashions retailer’s stock after selling 26,223 shares during the quarter. Phoenix Financial Ltd.’s holdings in TJX Companies were worth $6,673,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Lavaca Capital LLC acquired a new stake in shares of TJX Companies in the 2nd quarter worth about $25,000. Princeton Global Asset Management LLC bought a new stake in TJX Companies during the 2nd quarter worth approximately $28,000. Highline Wealth Partners LLC raised its stake 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 worth $33,000 after purchasing an additional 91 shares during the last quarter. Howard Hughes Medical Institute bought a new position in shares of TJX Companies in the second quarter valued at approximately $30,000. Finally, Legacy Investment Solutions LLC bought a new position in shares of TJX Companies in the second quarter valued at approximately $32,000. 91.09% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on TJX. BTIG Research reissued a “buy” rating and issued a $165.00 price target on shares of TJX Companies in a research report on Thursday, November 20th. Robert W. Baird set a $168.00 target price on shares of TJX Companies in a report on Wednesday, December 17th. TD Cowen reissued a “buy” rating on shares of TJX Companies in a research report on Thursday, November 20th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $170.00 price objective on shares of TJX Companies in a research report on Tuesday, January 6th. Finally, Morgan Stanley reissued an “overweight” rating and set a $162.00 target price (up previously from $159.00) on shares of TJX Companies in a research report on Thursday, November 20th. Two 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 target price of $163.86.

Insider Buying and Selling at TJX Companies

In other news, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction that occurred 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 sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the sale, the chief executive officer owned 535,143 shares in the company, valued at $79,634,629.83. The trade was a 5.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 54,863 shares of company stock valued at $8,226,366 in the last quarter. 0.13% of the stock is owned by corporate insiders.

TJX Companies Stock Down 2.1%

TJX opened at $150.01 on Tuesday. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $159.48. The company’s 50-day moving average price is $154.00 and its two-hundred day moving average price is $143.17. The stock has a market cap of $166.58 billion, a price-to-earnings ratio of 33.11, a PEG ratio of 3.21 and a beta of 0.75. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping 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 company had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. During the same quarter in the previous year, the firm posted $1.14 EPS. TJX Companies’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, equities analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be given 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 of this dividend is Thursday, February 12th. TJX Companies’s dividend payout ratio is currently 37.53%.

About TJX Companies

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.