Flossbach Von Storch SE Has $16.26 Million Stake in The TJX Companies, Inc. $TJX

Flossbach Von Storch SE trimmed its stake in The TJX Companies, Inc. (NYSE:TJX) by 14.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 112,462 shares of the apparel and home fashions retailer’s stock after selling 19,073 shares during the period. Flossbach Von Storch SE’s holdings in TJX Companies were worth $16,255,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in TJX. Norges Bank bought a new position in shares of TJX Companies in the second quarter valued at approximately $1,808,774,000. Laurel Wealth Advisors LLC grew its stake in TJX Companies by 12,417.0% in the 2nd 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 during the last quarter. Corient Private Wealth LLC raised its holdings in TJX Companies by 120.7% in the 2nd quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock worth $620,406,000 after acquiring an additional 2,743,676 shares during the period. ABN AMRO Bank N.V. bought a new position in TJX Companies in the 2nd quarter worth $244,687,000. Finally, Mirova US LLC lifted its position in 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 during the last quarter. Institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on TJX shares. UBS Group reaffirmed a “buy” rating and issued a $193.00 price target (up from $181.00) on shares of TJX Companies in a research report on Thursday, January 8th. The Goldman Sachs Group increased their target price on TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Wells Fargo & Company reaffirmed a “positive” rating and issued a $150.00 price target (up from $145.00) on shares of TJX Companies in a research report on Tuesday, December 16th. Barclays set a $172.00 price objective on TJX Companies and gave the company an “overweight” rating in a research report on Thursday, December 4th. Finally, JPMorgan Chase & Co. upped their target price on shares of TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $163.86.

Insider Activity

In related news, Director Amy B. Lane sold 500 shares of the stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.40, for a total transaction of $75,700.00. Following the completion of the sale, the director directly owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $148.81, for a total value of $4,464,300.00. Following the transaction, the chief executive officer directly owned 535,143 shares of the company’s stock, valued at $79,634,629.83. This represents a 5.31% 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 valued at $8,226,366 over the last 90 days. Corporate insiders own 0.13% of the company’s stock.

TJX Companies Stock Down 0.2%

Shares of NYSE:TJX opened at $147.69 on Thursday. The company’s fifty day moving average is $154.08 and its 200-day moving average is $143.37. 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 TJX Companies, Inc. has a 52 week low of $112.10 and a 52 week high of $159.48. The company has a market capitalization of $164.00 billion, a PE ratio of 32.60, a P/E/G ratio of 3.10 and a beta of 0.75.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The firm had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same period last year, the firm posted $1.14 EPS. The business’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 Announces Dividend

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. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s payout ratio is 37.53%.

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.