Mayflower Financial Advisors LLC Sells 3,276 Shares of The TJX Companies, Inc. $TJX

Mayflower Financial Advisors LLC cut its position in The TJX Companies, Inc. (NYSE:TJX) by 21.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,649 shares of the apparel and home fashions retailer’s stock after selling 3,276 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in TJX Companies were worth $1,684,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. First American Bank boosted its holdings in TJX Companies by 4.5% during the 2nd quarter. First American Bank now owns 138,840 shares of the apparel and home fashions retailer’s stock worth $17,145,000 after acquiring an additional 5,921 shares during the last quarter. Bank of Nova Scotia boosted its holdings in TJX Companies by 129.9% during the second quarter. Bank of Nova Scotia now owns 269,813 shares of the apparel and home fashions retailer’s stock worth $33,319,000 after purchasing an additional 152,453 shares during the last quarter. MinichMacGregor Wealth Management LLC bought a new stake in TJX Companies in the 2nd quarter worth about $5,045,000. Empowered Funds LLC increased its stake in TJX Companies by 66.6% in the 2nd quarter. Empowered Funds LLC now owns 76,998 shares of the apparel and home fashions retailer’s stock valued at $9,508,000 after buying an additional 30,779 shares during the last quarter. Finally, Hendley & Co. Inc. increased its stake in TJX Companies by 75.0% in the 2nd quarter. Hendley & Co. Inc. now owns 8,305 shares of the apparel and home fashions retailer’s stock valued at $1,026,000 after buying an additional 3,560 shares during the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

TJX has been the topic of a number of research analyst reports. Robert W. Baird set a $168.00 target price on TJX Companies in a research note on Wednesday, December 17th. Evercore ISI boosted their price objective on TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. TD Cowen upped their price objective on TJX Companies from $162.00 to $167.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. BTIG Research reaffirmed a “buy” rating and set a $165.00 target price on shares of TJX Companies in a research report on Thursday, November 20th. Finally, Barclays set a $172.00 price target on shares of TJX Companies and gave the stock an “overweight” rating in a report on Thursday, December 4th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-three have issued a Buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $161.50.

Insider Buying and Selling at TJX Companies

In other news, Director Amy B. Lane sold 500 shares of the firm’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 completion of the transaction, the director directly owned 22,212 shares of the company’s stock, valued at $3,362,896.80. This trade represents a 2.20% decrease in their ownership of the stock. 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 24,363 shares of the business’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $151.31, for a total value of $3,686,365.53. Following the sale, the chief executive officer owned 510,780 shares in the company, valued at approximately $77,286,121.80. The trade was a 4.55% 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 have sold 54,863 shares of company stock worth $8,226,366. Company insiders own 0.13% of the company’s stock.

TJX Companies Stock Performance

Shares of TJX opened at $157.14 on Friday. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $157.82. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43. The stock’s fifty day moving average price is $149.16 and its two-hundred day moving average price is $138.48. The firm has a market cap of $174.50 billion, a PE ratio of 34.69, a PEG ratio of 3.53 and a beta of 0.76.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.06. The company had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.14 EPS. 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 research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS 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 issued a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis 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.