The TJX Companies, Inc. $TJX Shares Sold by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG reduced its holdings in The TJX Companies, Inc. (NYSE:TJX) by 76.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,233 shares of the apparel and home fashions retailer’s stock after selling 32,529 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in TJX Companies were worth $1,479,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in TJX. Lavaca Capital LLC acquired a new position in shares of TJX Companies during the 2nd quarter valued at about $25,000. Princeton Global Asset Management LLC purchased a new stake in TJX Companies in the second quarter valued at approximately $28,000. Highline Wealth Partners LLC increased its position in TJX Companies by 65.0% during 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 purchased a new position in TJX Companies during the second quarter worth approximately $30,000. Finally, Legacy Investment Solutions LLC purchased a new position in TJX Companies during the second quarter worth approximately $32,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other 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 transaction of $3,686,365.53. Following the completion of the sale, the chief executive officer directly owned 510,780 shares in the company, valued at $77,286,121.80. This trade represents a 4.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction dated Friday, November 21st. The stock was 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 in the company, valued at approximately $3,362,896.80. This trade represents a 2.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 54,863 shares of company stock valued at $8,226,366. Company insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TJX. Wells Fargo & Company reissued a “positive” rating and set a $150.00 price objective (up from $145.00) on shares of TJX Companies in a research note on Tuesday, December 16th. Citigroup reissued a “buy” rating and set a $168.00 price target (up previously from $160.00) on shares of TJX Companies in a research report on Thursday, November 20th. Guggenheim upgraded TJX Companies to a “strong-buy” rating in a report on Wednesday, December 10th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $170.00 price objective on shares of TJX Companies in a research note on Tuesday, November 11th. Finally, Barclays set a $172.00 target price on shares of TJX Companies and gave the stock an “overweight” rating in a research report on Thursday, December 4th. Two 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 data from MarketBeat.com, TJX Companies has a consensus rating of “Buy” and a consensus price target of $163.86.

TJX Companies Price Performance

TJX stock opened at $147.69 on Thursday. The firm has a market cap of $164.00 billion, a P/E ratio of 32.60, a price-to-earnings-growth ratio of 3.10 and a beta of 0.75. 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 1 year low of $112.10 and a 1 year high of $159.48. The stock has a 50-day simple moving average of $154.08 and a 200-day simple moving average of $143.37.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $14.80 billion. During the same period in the previous year, the company posted $1.14 EPS. TJX Companies’s revenue for the quarter 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. On average, equities analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be paid a $0.425 dividend. The ex-dividend date is Thursday, February 12th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio is 37.53%.

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.