Thurston Springer Miller Herd & Titak Inc. Sells 8,841 Shares of The TJX Companies, Inc. $TJX

Thurston Springer Miller Herd & Titak Inc. trimmed its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 92.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 738 shares of the apparel and home fashions retailer’s stock after selling 8,841 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in TJX Companies were worth $107,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Lavaca Capital LLC bought a new stake in shares of TJX Companies in the 2nd quarter worth approximately $25,000. Princeton Global Asset Management LLC bought a new position in shares of TJX Companies during the 2nd quarter valued at $28,000. Howard Hughes Medical Institute purchased a new position in TJX Companies in the 2nd quarter worth $30,000. Legacy Investment Solutions LLC bought a new stake in TJX Companies in the second quarter worth $32,000. Finally, Capital A Wealth Management LLC boosted its position in TJX Companies by 776.7% during the second quarter. Capital A Wealth Management LLC now owns 263 shares of the apparel and home fashions retailer’s stock valued at $32,000 after buying an additional 233 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on TJX shares. JPMorgan Chase & Co. boosted their target price on TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. Bank of America boosted their price objective on TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Sanford C. Bernstein raised their target price on shares of TJX Companies from $152.00 to $155.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. UBS Group reaffirmed a “buy” rating and issued a $181.00 target price on shares of TJX Companies in a research note on Thursday, December 4th. Finally, Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Two research analysts have rated the stock with a Strong Buy rating and twenty-three have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $161.50.

TJX Companies Stock Up 0.3%

Shares of TJX Companies stock opened at $155.56 on Thursday. 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 company’s fifty day simple moving average is $147.24 and its two-hundred day simple moving average is $137.09. The company has a market cap of $172.75 billion, a P/E ratio of 34.34, a PEG ratio of 3.47 and a beta of 0.76. The TJX Companies, Inc. has a 12-month low of $112.10 and a 12-month high of $157.82.

TJX Companies (NYSE:TJX) last posted its 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 net margin of 8.68% and a return on equity of 58.30%. 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 company posted $1.14 EPS. The company’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. Research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be issued a dividend of $0.425 per share. 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 dividend payout ratio is 37.53%.

Insider Activity at TJX Companies

In related news, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.40, for a total value of $75,700.00. Following the sale, the director directly owned 22,212 shares of the company’s stock, valued at $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 54,863 shares of company stock valued at $8,226,366 in the last three months. Corporate insiders own 0.13% of the company’s stock.

About TJX Companies

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.