Sfmg LLC Sells 663 Shares of The TJX Companies, Inc. $TJX

Sfmg LLC reduced its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 7.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,690 shares of the apparel and home fashions retailer’s stock after selling 663 shares during the quarter. Sfmg LLC’s holdings in TJX Companies were worth $950,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Nuveen LLC purchased a new position in TJX Companies during the 1st quarter valued at about $1,330,717,000. ABN AMRO Bank N.V. bought a new position in shares of TJX Companies during the second quarter valued at approximately $244,687,000. Mirova US LLC lifted its holdings in shares of 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 valued at $333,319,000 after purchasing an additional 1,678,665 shares during the last quarter. Amundi grew its stake in shares of TJX Companies by 10.2% in the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after buying an additional 1,104,292 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in TJX Companies by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock valued at $12,230,396,000 after buying an additional 1,099,129 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on TJX shares. Robert W. Baird set a $160.00 target price on TJX Companies and gave the stock an “outperform” rating in a report on Thursday. The Goldman Sachs Group increased their price objective on shares of TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a research report on Thursday. Morgan Stanley reaffirmed an “overweight” rating and issued a $162.00 target price (up from $159.00) on shares of TJX Companies in a report on Thursday. Citigroup reiterated a “buy” rating and issued a $168.00 target price (up previously from $160.00) on shares of TJX Companies in a research note on Thursday. Finally, TD Cowen raised their price target on shares of TJX Companies from $162.00 to $167.00 and gave the company a “buy” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, TJX Companies has an average rating of “Buy” and an average price target of $158.90.

TJX Companies Stock Up 2.3%

TJX Companies stock opened at $151.46 on Friday. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $152.58. The stock has a fifty day moving average of $143.04 and a 200 day moving average of $134.10. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The stock has a market cap of $168.57 billion, a PE ratio of 34.50, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX) last released its quarterly 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. The business had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.14 EPS. 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 year.

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be paid a dividend of $0.425 per share. The ex-dividend date is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. TJX Companies’s payout ratio is 38.72%.

Insider Activity at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $151.40, for a total transaction of $75,700.00. Following the sale, the director owned 22,212 shares in the company, valued at approximately $3,362,896.80. This trade represents a 2.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ernie Herrman sold 24,363 shares of TJX Companies 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 transaction, the chief executive officer directly owned 510,780 shares in the company, valued at $77,286,121.80. This represents a 4.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 54,863 shares of company stock valued at $8,226,366 over the last three months. 0.13% of the stock is currently owned by insiders.

About TJX Companies

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.