James Hambro & Partners LLP Sells 56,460 Shares of The TJX Companies, Inc. $TJX

James Hambro & Partners LLP lowered its stake in The TJX Companies, Inc. (NYSE:TJX) by 60.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,783 shares of the apparel and home fashions retailer’s stock after selling 56,460 shares during the quarter. TJX Companies makes up 0.2% of James Hambro & Partners LLP’s investment portfolio, making the stock its 28th largest holding. James Hambro & Partners LLP’s holdings in TJX Companies were worth $4,870,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Coston McIsaac & Partners grew its holdings in TJX Companies by 11.3% in the 1st quarter. Coston McIsaac & Partners now owns 628 shares of the apparel and home fashions retailer’s stock valued at $100,000 after buying an additional 64 shares in the last quarter. Kohmann Bosshard Financial Services LLC raised its holdings in shares of TJX Companies by 11.0% during the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 666 shares of the apparel and home fashions retailer’s stock worth $106,000 after acquiring an additional 66 shares during the period. HBW Advisory Services LLC raised its holdings in shares of TJX Companies by 5.1% during the 2nd quarter. HBW Advisory Services LLC now owns 1,357 shares of the apparel and home fashions retailer’s stock worth $206,000 after acquiring an additional 66 shares during the period. Howard Financial Services LTD. boosted its position in shares of TJX Companies by 3.5% during the 2nd quarter. Howard Financial Services LTD. now owns 2,029 shares of the apparel and home fashions retailer’s stock valued at $307,000 after acquiring an additional 69 shares during the last quarter. Finally, Millstone Evans Group LLC boosted its position in shares of TJX Companies by 26.0% during the 1st quarter. Millstone Evans Group LLC now owns 344 shares of the apparel and home fashions retailer’s stock valued at $55,000 after acquiring an additional 71 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Trading Down 0.1%

NYSE:TJX traded down $0.12 on Monday, reaching $147.21. The company’s stock had a trading volume of 1,971,787 shares, compared to its average volume of 6,090,518. The TJX Companies, Inc. has a 12-month low of $122.78 and a 12-month high of $170.00. The stock has a 50 day moving average price of $136.83 and a 200 day moving average price of $150.17. The firm has a market cap of $161.92 billion, a price-to-earnings ratio of 27.21, a price-to-earnings-growth ratio of 2.66 and a beta of 0.56. The company has a quick ratio of 0.56, a current ratio of 1.15 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.03. The business had revenue of $15.18 billion during the quarter, compared to analysts’ expectations of $15.16 billion. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%. The company’s revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.10 EPS. TJX Companies has set its FY 2027 guidance at 5.150-5.200 EPS and its Q3 2027 guidance at 1.360-1.380 EPS. On average, equities analysts anticipate that The TJX Companies, Inc. will post 5.22 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 12th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, November 12th. TJX Companies’s dividend payout ratio (DPR) is 35.49%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on TJX. The Goldman Sachs Group dropped their price objective on shares of TJX Companies from $194.00 to $178.00 and set a “buy” rating for the company in a report on Thursday, August 20th. Weiss Ratings downgraded shares of TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, July 21st. Wall Street Zen lowered shares of TJX Companies from a “buy” rating to a “hold” rating in a report on Saturday, August 22nd. Gordon Haskett reissued an “accumulate” rating and issued a $155.00 price target on shares of TJX Companies in a research note on Thursday, August 20th. Finally, BTIG Research restated a “buy” rating and set a $190.00 price target on shares of TJX Companies in a report on Thursday, August 20th. Twenty-one equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $174.86.

About TJX Companies

The TJX Companies, Inc (NYSE: TJX) is an off-price retailer specializing in apparel, footwear, accessories, and home merchandise. Its stores offer branded and designer products at prices generally below those of full-price retailers, using a flexible purchasing model that allows the company to acquire merchandise from manufacturers, retailers, and other suppliers.

The company operates a portfolio of retail banners, including T.J. Maxx, Marshalls, HomeGoods, Sierra, and Homesense in the United States; Winners, HomeSense, and Marshalls in Canada; and TK Maxx and Homesense in Europe and Australia.