Cyndeo Wealth Partners LLC Sells 32,618 Shares of The TJX Companies, Inc. $TJX

Cyndeo Wealth Partners LLC trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 25.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 97,880 shares of the apparel and home fashions retailer’s stock after selling 32,618 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in TJX Companies were worth $14,148,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of TJX Companies by 0.7% during the second quarter. Vanguard Group Inc. now owns 101,141,056 shares of the apparel and home fashions retailer’s stock worth $12,489,909,000 after purchasing an additional 727,292 shares during the period. State Street Corp increased its stake in TJX Companies by 0.6% during the 2nd quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock worth $6,001,063,000 after acquiring an additional 285,737 shares during the period. Geode Capital Management LLC raised its holdings in TJX Companies by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock valued at $3,205,927,000 after acquiring an additional 301,127 shares in the last quarter. Norges Bank bought a new stake in shares of TJX Companies during the 2nd quarter valued at $1,808,774,000. Finally, Amundi grew its holdings in shares of TJX Companies by 10.2% during the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after purchasing an additional 1,104,292 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Down 0.2%

Shares of TJX Companies stock opened at $154.58 on Friday. The firm’s 50 day moving average is $147.85 and its 200 day moving average is $137.39. The firm has a market capitalization of $171.66 billion, a PE ratio of 34.12, a price-to-earnings-growth ratio of 3.47 and a beta of 0.76. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $157.82. The company has a current ratio of 1.09, a quick ratio of 0.43 and a debt-to-equity ratio of 0.20.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, beating 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 firm’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. Equities research analysts forecast 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. Investors of record on Thursday, February 12th will be given 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 yield of 1.1%. TJX Companies’s payout ratio is currently 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 dated Friday, November 21st. The stock was sold at an average price of $151.40, for a total transaction of $75,700.00. Following the sale, the director directly owned 22,212 shares in the company, valued at approximately $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 SEC, which is accessible through the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the company’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 value of $4,464,300.00. Following the completion of 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. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 54,863 shares of company stock valued at $8,226,366. Insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on TJX. TD Cowen raised their price target on TJX Companies from $162.00 to $167.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Robert W. Baird set a $168.00 price objective on shares of TJX Companies in a research note on Wednesday. Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. Wells Fargo & Company reaffirmed a “positive” rating and set a $150.00 price target (up previously from $145.00) on shares of TJX Companies in a report on Tuesday. Finally, Sanford C. Bernstein increased their price target on shares of TJX Companies from $152.00 to $155.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-three have given a Buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $161.50.

About TJX Companies

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.