Metis Global Partners LLC Sells 4,344 Shares of The TJX Companies, Inc. $TJX

Metis Global Partners LLC lessened its holdings in The TJX Companies, Inc. (NYSE:TJX) by 9.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,672 shares of the apparel and home fashions retailer’s stock after selling 4,344 shares during the quarter. Metis Global Partners LLC’s holdings in TJX Companies were worth $5,879,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in TJX. High Note Wealth LLC lifted its stake in shares of TJX Companies by 12.1% in the 3rd quarter. High Note Wealth LLC now owns 667 shares of the apparel and home fashions retailer’s stock valued at $96,000 after acquiring an additional 72 shares during the last quarter. Valley National Advisers Inc. grew its position in TJX Companies by 2.3% during the 3rd quarter. Valley National Advisers Inc. now owns 3,271 shares of the apparel and home fashions retailer’s stock worth $472,000 after acquiring an additional 73 shares during the last quarter. Webster Bank N. A. increased its stake in TJX Companies by 1.6% in the 3rd quarter. Webster Bank N. A. now owns 4,574 shares of the apparel and home fashions retailer’s stock worth $661,000 after purchasing an additional 73 shares during the period. REAP Financial Group LLC lifted its position in TJX Companies by 12.1% in the third quarter. REAP Financial Group LLC now owns 676 shares of the apparel and home fashions retailer’s stock valued at $98,000 after purchasing an additional 73 shares during the last quarter. Finally, Banco de Sabadell S.A lifted its position in TJX Companies by 0.4% in the second quarter. Banco de Sabadell S.A now owns 20,951 shares of the apparel and home fashions retailer’s stock valued at $2,587,000 after purchasing an additional 77 shares during the last quarter. 91.09% of the stock is owned by institutional investors.

TJX Companies Trading Up 0.2%

NYSE:TJX opened at $154.49 on Friday. The company has a 50-day moving average price of $154.45 and a 200-day moving average price of $145.62. The TJX Companies, Inc. has a 12 month low of $112.10 and a 12 month high of $159.48. The company has a current ratio of 1.09, a quick ratio of 0.43 and a debt-to-equity ratio of 0.20. The stock has a market cap of $171.56 billion, a price-to-earnings ratio of 34.10, a P/E/G ratio of 2.95 and a beta of 0.74.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) 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 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 company earned $1.14 earnings per share. TJX Companies’s quarterly 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 analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current 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 given a $0.425 dividend. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $1.70 annualized dividend and a dividend yield of 1.1%. TJX Companies’s dividend payout ratio is currently 37.53%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on TJX shares. Evercore raised their target price on shares of TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Sunday, January 11th. Telsey Advisory Group restated an “outperform” rating and issued 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 target price on shares of TJX Companies in a report on Wednesday, December 17th. Finally, Guggenheim raised TJX Companies to a “strong-buy” rating in a research note on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of $163.86.

Insider Buying and Selling

In related news, Director Amy B. Lane sold 500 shares of TJX Companies 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. 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 through this hyperlink. Also, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction that occurred 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 owned 535,143 shares in the company, valued at $79,634,629.83. This represents a 5.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is currently owned by company insiders.

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.