The TJX Companies, Inc. $TJX Shares Sold by Panagora Asset Management Inc.

Panagora Asset Management Inc. decreased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 69.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 412,580 shares of the apparel and home fashions retailer’s stock after selling 920,606 shares during the quarter. Panagora Asset Management Inc.’s holdings in TJX Companies were worth $50,950,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in TJX. Princeton Global Asset Management LLC acquired a new stake in TJX Companies during the second quarter valued at $28,000. Legacy Investment Solutions LLC purchased a new stake in shares of TJX Companies during the 2nd quarter worth about $32,000. True Wealth Design LLC grew its position in shares of TJX Companies by 121.1% during the 2nd quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock valued at $34,000 after acquiring an additional 149 shares during the period. Activest Wealth Management increased its stake in shares of TJX Companies by 4,485.7% in the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after purchasing an additional 314 shares in the last quarter. Finally, Maseco LLP acquired a new position in TJX Companies in the 2nd quarter worth about $43,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Stock Down 0.4%

Shares of NYSE TJX opened at $152.45 on Monday. The stock has a market cap of $169.67 billion, a PE ratio of 34.73, a P/E/G ratio of 3.14 and a beta of 0.90. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The TJX Companies, Inc. has a 12-month low of $112.10 and a 12-month high of $154.66. The company has a 50-day moving average of $144.25 and a 200 day moving average of $134.95.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.06. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. During the same period in the previous year, the firm 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. FY 2026 guidance at 4.630-4.660 EPS. As a group, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.1%. TJX Companies’s payout ratio is presently 37.53%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on TJX shares. Wells Fargo & Company reaffirmed a “market perform” rating and set a $145.00 target price (up from $140.00) on shares of TJX Companies in a research note on Thursday, November 20th. TD Cowen increased their price objective on shares of TJX Companies from $162.00 to $167.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Erste Group Bank began coverage on shares of TJX Companies in a research report on Friday, September 5th. They set a “buy” rating for the company. Citigroup reiterated a “buy” rating and set a $168.00 price objective (up from $160.00) on shares of TJX Companies in a research note on Thursday, November 20th. Finally, BTIG Research restated a “buy” rating and issued a $165.00 target price on shares of TJX Companies in a research report on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, TJX Companies presently has a consensus rating of “Buy” and an average target price of $158.90.

Insider Transactions at TJX Companies

In related news, CEO Ernie Herrman sold 24,363 shares of the firm’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 completion of the sale, the chief executive officer directly owned 510,780 shares in the company, valued at approximately $77,286,121.80. This trade represents a 4.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Amy B. Lane sold 500 shares of the business’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 completion of the transaction, the director owned 22,212 shares in the company, valued at $3,362,896.80. The trade was a 2.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 54,863 shares of company stock valued at $8,226,366 in the last three months. 0.13% of the stock is currently owned by insiders.

TJX Companies Profile

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.