AustralianSuper Pty Ltd Decreases Stake in The TJX Companies, Inc. $TJX

AustralianSuper Pty Ltd cut its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 97.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,383 shares of the apparel and home fashions retailer’s stock after selling 415,890 shares during the period. AustralianSuper Pty Ltd’s holdings in TJX Companies were worth $1,790,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TJX. Valley National Advisers Inc. lifted its position in shares of TJX Companies by 2.3% during the third quarter. Valley National Advisers Inc. now owns 3,271 shares of the apparel and home fashions retailer’s stock worth $472,000 after purchasing an additional 73 shares during the last quarter. Webster Bank N. A. raised its stake in TJX Companies by 1.6% during the third quarter. Webster Bank N. A. now owns 4,574 shares of the apparel and home fashions retailer’s stock valued at $661,000 after buying an additional 73 shares in the last quarter. Ignite Planners LLC lifted its holdings in TJX Companies by 3.8% during the 2nd quarter. Ignite Planners LLC now owns 2,130 shares of the apparel and home fashions retailer’s stock worth $260,000 after buying an additional 77 shares during the last quarter. Banco de Sabadell S.A grew its position in shares of TJX Companies by 0.4% in the 2nd quarter. Banco de Sabadell S.A now owns 20,951 shares of the apparel and home fashions retailer’s stock worth $2,587,000 after acquiring an additional 77 shares in the last quarter. Finally, Carr Financial Group Corp grew its position in shares of TJX Companies by 2.5% in the 3rd quarter. Carr Financial Group Corp now owns 3,180 shares of the apparel and home fashions retailer’s stock worth $460,000 after acquiring an additional 77 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on TJX. TD Cowen restated a “buy” rating on shares of TJX Companies in a research note on Thursday, November 20th. Sanford C. Bernstein reissued an “outperform” rating and set a $170.00 target price on shares of TJX Companies in a report on Tuesday, January 6th. Citigroup restated a “buy” rating and issued a $168.00 price target (up from $160.00) on shares of TJX Companies in a research report on Thursday, November 20th. Bank of America boosted their price objective on shares of TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $170.00 target price on shares of TJX Companies in a report on Thursday, December 4th. 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 MarketBeat, TJX Companies has a consensus rating of “Buy” and an average price target of $163.86.

Insiders Place Their Bets

In related news, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction dated 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 directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction dated 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 $3,362,896.80. The trade was a 2.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 currently owned by insiders.

TJX Companies Stock Up 1.6%

TJX Companies stock opened at $149.80 on Friday. 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 one year low of $112.10 and a one year high of $159.48. The company has a 50-day simple moving average of $154.03 and a 200-day simple moving average of $143.58. The firm has a market capitalization of $166.35 billion, a P/E ratio of 33.07, a P/E/G ratio of 3.09 and a beta of 0.75.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data 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. 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 for the quarter, compared to the consensus estimate of $14.80 billion. During the same period last year, the firm posted $1.14 EPS. TJX Companies’s quarterly revenue was up 7.5% compared to the same quarter last year. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders 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 annualized dividend and a yield of 1.1%. TJX Companies’s payout ratio is presently 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.