Wealth Enhancement Advisory Services LLC Reduces Position in The TJX Companies, Inc. $TJX

Wealth Enhancement Advisory Services LLC lowered its holdings in The TJX Companies, Inc. (NYSE:TJX) by 0.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 933,248 shares of the apparel and home fashions retailer’s stock after selling 4,792 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.08% of TJX Companies worth $133,137,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Valley National Advisers Inc. boosted its stake in shares of TJX Companies by 2.3% during the 3rd quarter. Valley National Advisers Inc. now owns 3,271 shares of the apparel and home fashions retailer’s stock valued at $472,000 after buying an additional 73 shares during the last quarter. Webster Bank N. A. raised its holdings in TJX Companies by 1.6% in the third quarter. Webster Bank N. A. now owns 4,574 shares of the apparel and home fashions retailer’s stock valued at $661,000 after acquiring an additional 73 shares in the last quarter. Ignite Planners LLC boosted its stake in TJX Companies by 3.8% during the 2nd quarter. Ignite Planners LLC now owns 2,130 shares of the apparel and home fashions retailer’s stock valued at $260,000 after acquiring an additional 77 shares during the last quarter. Banco de Sabadell S.A grew its holdings in TJX Companies by 0.4% during the 2nd quarter. Banco de Sabadell S.A now owns 20,951 shares of the apparel and home fashions retailer’s stock worth $2,587,000 after acquiring an additional 77 shares in the last quarter. Finally, Carr Financial Group Corp grew its holdings in TJX Companies by 2.5% during the 3rd quarter. Carr Financial Group Corp now owns 3,180 shares of the apparel and home fashions retailer’s stock worth $460,000 after acquiring an additional 77 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Trading Up 0.9%

Shares of NYSE TJX opened at $157.50 on Monday. The TJX Companies, Inc. has a 12-month low of $112.10 and a 12-month high of $159.48. The company has a market cap of $174.90 billion, a price-to-earnings ratio of 34.77, a price-to-earnings-growth ratio of 3.30 and a beta of 0.75. The company has a current ratio of 1.09, a quick ratio of 0.43 and a debt-to-equity ratio of 0.20. The stock’s 50 day simple moving average is $153.05 and its 200 day simple moving average is $141.95.

TJX Companies (NYSE:TJX) last posted its earnings results 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 net margin of 8.68% and a return on equity of 58.30%. The firm had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. During the same period in the previous year, the business posted $1.14 EPS. TJX Companies’s revenue was up 7.5% on a year-over-year basis. 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 expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on TJX. Cowen restated a “buy” rating on shares of TJX Companies in a research note on Thursday, November 20th. UBS Group restated a “buy” rating and set a $193.00 price objective (up previously from $181.00) on shares of TJX Companies in a research note on Thursday, January 8th. Robert W. Baird set a $168.00 target price on TJX Companies in a report on Wednesday, December 17th. Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. Finally, Evercore ISI raised their price objective on TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating and twenty-four have given a Buy rating to the company’s stock. Based on data from MarketBeat, TJX Companies has a consensus rating of “Buy” and an average price target of $163.86.

Insider Transactions at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 24,363 shares of the business’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the sale, the chief executive officer directly owned 510,780 shares in the company, valued at approximately $77,286,121.80. The trade was a 4.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction that occurred on 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 sale, the director directly owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 54,863 shares of company stock worth $8,226,366. Company insiders own 0.13% of the company’s stock.

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.