The TJX Companies, Inc. $TJX Shares Bought by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC lifted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 38.6% during the third quarter, HoldingsChannel reports. The fund owned 17,853 shares of the apparel and home fashions retailer’s stock after acquiring an additional 4,972 shares during the quarter. HBK Sorce Advisory LLC’s holdings in TJX Companies were worth $2,512,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Brighton Jones LLC increased its position in TJX Companies by 113.7% during the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after purchasing an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC raised its position in shares of TJX Companies by 12.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock valued at $262,000 after buying an additional 235 shares during the last quarter. Bison Wealth LLC grew its position in shares of TJX Companies by 32.9% in the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after purchasing an additional 955 shares during the period. Freedom Investment Management Inc. increased its stake in TJX Companies by 12.3% in the first quarter. Freedom Investment Management Inc. now owns 5,848 shares of the apparel and home fashions retailer’s stock valued at $712,000 after purchasing an additional 640 shares during the last quarter. Finally, Teca Partners LP grew its holdings in TJX Companies by 55.6% in the 1st quarter. Teca Partners LP now owns 103,511 shares of the apparel and home fashions retailer’s stock valued at $12,608,000 after buying an additional 37,000 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on TJX shares. Robert W. Baird set a $168.00 price target on TJX Companies in a research report on Wednesday, December 17th. UBS Group reiterated a “buy” rating and issued a $181.00 target price on shares of TJX Companies in a research note on Thursday, December 4th. Bank of America upped their price objective on shares of TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Sanford C. Bernstein increased their target price on TJX Companies from $152.00 to $155.00 and gave the company an “outperform” rating in a research note on Thursday, November 20th. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating and twenty-three have issued a Buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $161.50.

Insider Activity at TJX Companies

In related news, CEO Ernie Herrman sold 24,363 shares of the firm’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 value of $3,686,365.53. Following the completion of the transaction, the chief executive officer owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. This trade represents a 4.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction on 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 in the company, valued at approximately $3,362,896.80. This trade represents a 2.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is owned by insiders.

TJX Companies Trading Down 0.5%

TJX Companies stock opened at $155.80 on Wednesday. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $157.82. The firm has a market capitalization of $173.01 billion, a price-to-earnings ratio of 34.39, a PEG ratio of 3.52 and a beta of 0.76. The firm has a 50-day moving average price of $148.39 and a two-hundred day moving average price of $137.92. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping 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 company had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. During the same period in the prior year, the business posted $1.14 EPS. The business’s revenue for the quarter 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. Sell-side analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The company 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 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 dividend 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.