Railway Pension Investments Ltd Sells 9,500 Shares of The TJX Companies, Inc. $TJX

Railway Pension Investments Ltd lowered its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 306,000 shares of the apparel and home fashions retailer’s stock after selling 9,500 shares during the period. Railway Pension Investments Ltd’s holdings in TJX Companies were worth $37,788,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TJX. Norges Bank bought a new stake in TJX Companies in the 2nd quarter worth approximately $1,808,774,000. Nuveen LLC purchased a new position in shares of TJX Companies during the first quarter worth approximately $1,330,717,000. Laurel Wealth Advisors LLC lifted its holdings in shares of TJX Companies by 12,417.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock worth $501,033,000 after acquiring an additional 4,024,859 shares during the last quarter. ABN AMRO Bank N.V. purchased a new stake in shares of TJX Companies in the 2nd quarter valued at $244,687,000. Finally, Mirova US LLC grew its holdings in shares of TJX Companies by 164.5% during the 2nd quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock valued at $333,319,000 after purchasing an additional 1,678,665 shares during the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TJX has been the subject of several recent research reports. The Goldman Sachs Group boosted their price target on shares of TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. JPMorgan Chase & Co. increased their target price on TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a report on Thursday, November 20th. Morgan Stanley restated an “overweight” rating and issued a $162.00 target price (up previously from $159.00) on shares of TJX Companies in a report on Thursday, November 20th. UBS Group increased their target price on shares of TJX Companies from $172.00 to $181.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Finally, Robert W. Baird set a $160.00 price target on TJX Companies and gave the company an “outperform” rating in a research report on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, TJX Companies currently has an average rating of “Buy” and a consensus target price of $158.90.

TJX Companies Price Performance

TJX opened at $152.45 on Friday. The TJX Companies, Inc. has a 12-month low of $112.10 and a 12-month high of $154.66. The company has a market cap of $169.67 billion, a price-to-earnings ratio of 34.73, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The stock has a fifty day simple moving average of $144.25 and a two-hundred day simple moving average of $134.93.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same quarter in the previous year, the business earned $1.14 earnings per share. The firm’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. FY 2026 guidance at 4.630-4.660 EPS. Research analysts predict 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 announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be issued a $0.425 dividend. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. 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 the business’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 transaction, the director directly owned 22,212 shares of the company’s stock, 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 Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the completion of 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 position. The SEC filing for this sale provides additional information. 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 Profile

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.