Sapient Capital LLC Sells 3,939 Shares of The TJX Companies, Inc. $TJX

Sapient Capital LLC cut its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.9% during the third quarter, HoldingsChannel.com reports. The fund owned 129,751 shares of the apparel and home fashions retailer’s stock after selling 3,939 shares during the quarter. Sapient Capital LLC’s holdings in TJX Companies were worth $18,630,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. First American Bank boosted its holdings in shares of TJX Companies by 4.5% in the 2nd quarter. First American Bank now owns 138,840 shares of the apparel and home fashions retailer’s stock valued at $17,145,000 after buying an additional 5,921 shares in the last quarter. Bank of Nova Scotia lifted its position 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 valued at $33,319,000 after acquiring an additional 152,453 shares during the last quarter. MinichMacGregor Wealth Management LLC acquired a new stake in TJX Companies in the second quarter valued at approximately $5,045,000. Empowered Funds LLC grew its holdings in TJX Companies by 66.6% in the second quarter. Empowered Funds LLC now owns 76,998 shares of the apparel and home fashions retailer’s stock worth $9,508,000 after purchasing an additional 30,779 shares during the last quarter. Finally, Hendley & Co. Inc. grew its holdings in TJX Companies by 75.0% in the second quarter. Hendley & Co. Inc. now owns 8,305 shares of the apparel and home fashions retailer’s stock worth $1,026,000 after purchasing an additional 3,560 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

Insiders Place Their Bets

In other TJX Companies news, Director Amy B. Lane sold 500 shares of TJX Companies 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 completion of the transaction, the director owned 22,212 shares in the company, valued at approximately $3,362,896.80. This trade represents a 2.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $148.81, for a total value 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. The trade was a 5.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 54,863 shares of company stock valued at $8,226,366 over the last 90 days. 0.13% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Erste Group Bank started coverage on TJX Companies in a research report on Friday, September 5th. They issued a “buy” rating for the company. UBS Group reiterated a “buy” rating and issued a $181.00 price target on shares of TJX Companies in a research note on Thursday, December 4th. Evercore ISI raised their price target on TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Wells Fargo & Company restated a “positive” rating and set a $150.00 price objective (up previously from $145.00) on shares of TJX Companies in a report on Tuesday, December 16th. Finally, The Goldman Sachs Group increased their price objective on shares of TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Two research analysts have rated the stock with a Strong Buy rating and twenty-three have given a Buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $161.50.

TJX Companies Stock Down 0.1%

Shares of TJX stock opened at $157.14 on Friday. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $157.82. The firm has a market capitalization of $174.50 billion, a PE ratio of 34.69, a P/E/G ratio of 3.53 and a beta of 0.76. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09. The stock’s 50-day simple moving average is $149.16 and its 200-day simple moving average is $138.48.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The firm had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. During the same quarter in the previous year, the company posted $1.14 earnings per share. The company’s 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 and its FY 2026 guidance at 4.630-4.660 EPS. Equities analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently announced 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%.

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.