Savvy Advisors Inc. Raises Position in The TJX Companies, Inc. $TJX

Savvy Advisors Inc. grew its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 31.5% during the third quarter, according to its most recent filing with the SEC. The firm owned 17,954 shares of the apparel and home fashions retailer’s stock after acquiring an additional 4,301 shares during the period. Savvy Advisors Inc.’s holdings in TJX Companies were worth $2,595,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Lavaca Capital LLC purchased a new stake in TJX Companies in the second quarter worth $25,000. Princeton Global Asset Management LLC purchased a new position in TJX Companies during the second quarter valued at $28,000. Howard Hughes Medical Institute bought a new stake in shares of TJX Companies during the 2nd quarter valued at $30,000. Legacy Investment Solutions LLC purchased a new stake in shares of TJX Companies in the 2nd quarter worth about $32,000. Finally, Capital A Wealth Management LLC increased its stake 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 in the last quarter. Institutional investors own 91.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on TJX shares. Evercore upped their price objective 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. Telsey Advisory Group reissued an “outperform” rating and issued a $170.00 price target on shares of TJX Companies in a research report on Thursday, December 4th. BTIG Research restated a “buy” rating and issued a $165.00 price target on shares of TJX Companies in a research note on Thursday, November 20th. Robert W. Baird set a $168.00 price objective on TJX Companies in a research report on Wednesday, December 17th. Finally, Citigroup reiterated a “buy” rating and set a $168.00 price objective (up previously from $160.00) on shares of TJX Companies in a research note on Thursday, November 20th. Two research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $163.86.

TJX Companies Price Performance

Shares of TJX opened at $154.15 on Friday. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $159.48. The company has a market capitalization of $171.18 billion, a P/E ratio of 34.03, a price-to-earnings-growth ratio of 2.88 and a beta of 0.74. The firm has a 50 day moving average of $154.42 and a 200 day moving average of $145.42. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20.

TJX Companies (NYSE:TJX) last released its quarterly earnings data 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. The business had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the prior 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. As a group, equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

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

Insider Transactions at TJX Companies

In other news, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $151.40, for a total value of $75,700.00. Following the completion of 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 sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $148.81, for a total transaction 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. The trade was 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 three months, insiders sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is owned by 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.