Madison Asset Management LLC Sells 16,235 Shares of The TJX Companies, Inc. $TJX

Madison Asset Management LLC lowered its stake in The TJX Companies, Inc. (NYSE:TJX) by 3.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 479,739 shares of the apparel and home fashions retailer’s stock after selling 16,235 shares during the quarter. Madison Asset Management LLC’s holdings in TJX Companies were worth $69,342,000 as of its most recent filing with the Securities & Exchange Commission.

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

TJX Companies Stock Down 1.9%

Shares of TJX stock opened at $153.34 on Wednesday. The stock’s fifty day moving average price is $154.33 and its 200 day moving average price is $145.32. 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 TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $159.48. The company has a market cap of $170.28 billion, a price-to-earnings ratio of 33.85, a price-to-earnings-growth ratio of 2.99 and a beta of 0.74.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data 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. The business had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.14 earnings per share. 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, research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be issued a $0.425 dividend. The ex-dividend date is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. TJX Companies’s dividend payout ratio (DPR) is presently 37.53%.

Wall Street Analysts Forecast Growth

TJX has been the subject of a number of analyst reports. Bank of America increased their price target on TJX Companies from $150.00 to $168.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. UBS Group reiterated a “buy” rating and set a $193.00 target price (up previously from $181.00) on shares of TJX Companies in a research report on Thursday, January 8th. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, January 21st. Guggenheim upgraded TJX Companies to a “strong-buy” rating in a report on Wednesday, December 10th. Finally, Citigroup reaffirmed a “buy” rating and set a $168.00 price target (up from $160.00) on shares of TJX Companies 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 given a Buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $163.86.

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 that occurred on Friday, November 21st. The shares were sold at an average price of $151.40, for a total transaction of $75,700.00. Following the completion of the sale, the director owned 22,212 shares in the company, valued at $3,362,896.80. This trade represents a 2.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Ernie Herrman sold 24,363 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.31, for a total value of $3,686,365.53. Following the sale, the chief executive officer directly owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. This trade represents a 4.55% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 54,863 shares of company stock worth $8,226,366. 0.13% of the stock is currently owned by corporate insiders.

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.