Jones Financial Companies Lllp Acquires 36,283 Shares of The TJX Companies, Inc. $TJX

Jones Financial Companies Lllp increased its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 9.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 412,886 shares of the apparel and home fashions retailer’s stock after acquiring an additional 36,283 shares during the quarter. Jones Financial Companies Lllp’s holdings in TJX Companies were worth $59,353,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of TJX. Lavaca Capital LLC acquired a new position in shares of TJX Companies during the second quarter valued at about $25,000. Princeton Global Asset Management LLC acquired a new stake in TJX Companies during the second quarter worth about $28,000. Howard Hughes Medical Institute bought a new position in TJX Companies during the second quarter valued at about $30,000. Legacy Investment Solutions LLC acquired a new position in TJX Companies in the 2nd quarter valued at approximately $32,000. Finally, Capital A Wealth Management LLC lifted 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 worth $32,000 after acquiring an additional 233 shares during the period. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Stock Up 0.2%

Shares of NYSE TJX opened at $150.14 on Tuesday. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $159.48. 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 business has a fifty day moving average of $154.06 and a two-hundred day moving average of $144.09. The stock has a market cap of $166.73 billion, a PE ratio of 33.14, a PEG ratio of 3.14 and a beta of 0.74.

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 (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 business had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same quarter last year, the company posted $1.14 EPS. The firm’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. As a group, equities research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

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 dividend on an annualized basis and a dividend yield of 1.1%. TJX Companies’s payout ratio is 37.53%.

Insider Activity at TJX Companies

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 sale, the director directly owned 22,212 shares in the company, valued at $3,362,896.80. This represents a 2.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $148.81, for a total value of $4,464,300.00. Following the sale, 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 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 owned by company insiders.

Analyst Ratings Changes

A number of research firms have recently issued reports on TJX. Telsey Advisory Group restated an “outperform” rating and set a $170.00 price objective on shares of TJX Companies in a research report on Thursday, December 4th. Robert W. Baird set a $168.00 price target on shares of TJX Companies in a report on Wednesday, December 17th. Sanford C. Bernstein restated an “outperform” rating and issued a $170.00 price objective on shares of TJX Companies in a research note on Tuesday, January 6th. UBS Group reiterated a “buy” rating and set a $193.00 target price (up from $181.00) on shares of TJX Companies in a research report on Thursday, January 8th. 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 equities research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price 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.