J. Safra Sarasin Holding AG Cuts Stake in The TJX Companies, Inc. $TJX

J. Safra Sarasin Holding AG decreased its position in The TJX Companies, Inc. (NYSE:TJX) by 76.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,233 shares of the apparel and home fashions retailer’s stock after selling 32,529 shares during the period. J. Safra Sarasin Holding AG’s holdings in TJX Companies were worth $1,479,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in TJX Companies in the 2nd quarter valued at approximately $1,808,774,000. 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 valued at $501,033,000 after buying an additional 4,024,859 shares during the period. Corient Private Wealth LLC boosted its stake in shares of TJX Companies by 120.7% in the second quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock valued at $620,406,000 after buying an additional 2,743,676 shares in the last quarter. ABN AMRO Bank N.V. acquired a new position in TJX Companies during the second quarter worth $244,687,000. Finally, Mirova US LLC grew its holdings in TJX Companies by 164.5% during the second quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock worth $333,319,000 after acquiring an additional 1,678,665 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Stock Performance

NYSE:TJX opened at $147.69 on Thursday. 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 company has a market capitalization of $164.00 billion, a P/E ratio of 32.60, a price-to-earnings-growth ratio of 3.10 and a beta of 0.75. The firm has a 50-day moving average price of $154.08 and a two-hundred day moving average price of $143.37. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $159.48.

TJX Companies (NYSE:TJX) last released its quarterly earnings results 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. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The business had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. During the same period in the prior year, the business earned $1.14 earnings per share. The company’s quarterly 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. As a group, research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be issued a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, February 12th. TJX Companies’s payout ratio is 37.53%.

Analysts Set New Price Targets

A number of equities research analysts have commented on TJX shares. Jefferies Financial Group reissued a “buy” rating and issued a $170.00 target price on shares of TJX Companies in a report on Tuesday, November 11th. UBS Group reiterated a “buy” rating and issued a $193.00 price objective (up previously from $181.00) on shares of TJX Companies in a research note on Thursday, January 8th. BTIG Research restated a “buy” rating and set a $165.00 target price on shares of TJX Companies in a research report on Thursday, November 20th. JPMorgan Chase & Co. increased their target price on shares of TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a report on Thursday, November 20th. Finally, Barclays set a $172.00 price target on TJX Companies and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Two research analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $163.86.

Insider Buying and Selling at TJX Companies

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

TJX Companies Profile

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.