Rhumbline Advisers Trims Position in The TJX Companies, Inc. $TJX

Rhumbline Advisers cut its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 2,226,307 shares of the apparel and home fashions retailer’s stock after selling 58,555 shares during the period. Rhumbline Advisers’ holdings in TJX Companies were worth $274,927,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Ignite Planners LLC grew its stake in TJX Companies by 3.8% during the second quarter. Ignite Planners LLC now owns 2,130 shares of the apparel and home fashions retailer’s stock valued at $260,000 after acquiring an additional 77 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in TJX Companies by 3.3% in the 2nd quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock worth $303,000 after purchasing an additional 79 shares in the last quarter. Roble Belko & Company Inc boosted its holdings in TJX Companies by 0.3% in the 2nd quarter. Roble Belko & Company Inc now owns 31,478 shares of the apparel and home fashions retailer’s stock valued at $3,887,000 after purchasing an additional 82 shares during the period. Knuff & Co LLC grew its position in shares of TJX Companies by 8.5% during the 1st quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock valued at $129,000 after purchasing an additional 83 shares in the last quarter. Finally, 3Chopt Investment Partners LLC grew its position in shares of TJX Companies by 1.6% during the 2nd quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock valued at $647,000 after purchasing an additional 83 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Erste Group Bank started coverage on TJX Companies in a research report on Friday, September 5th. They issued a “buy” rating on the stock. Evercore ISI raised their price target on TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a report on Thursday. JPMorgan Chase & Co. boosted their price objective on TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a report on Thursday. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. Finally, Barclays reaffirmed an “overweight” rating and issued a $168.00 target price (up from $155.00) on shares of TJX Companies in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $158.90.

Insider Buying and Selling at TJX Companies

In related news, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction on Friday, November 21st. The shares were sold at an average price of $151.40, for a total value of $75,700.00. Following the transaction, the director owned 22,212 shares in the company, valued at $3,362,896.80. This trade represents a 2.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the completion of the sale, the chief executive officer directly owned 535,143 shares of the company’s stock, valued at $79,634,629.83. This represents a 5.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 54,863 shares of company stock worth $8,226,366. 0.13% of the stock is owned by insiders.

TJX Companies Price Performance

Shares of TJX Companies stock opened at $151.46 on Friday. The firm has a market capitalization 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. 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 $152.58. The business’s 50-day moving average price is $143.04 and its 200-day moving average price is $134.10.

TJX Companies (NYSE:TJX) last released its 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 return on equity of 58.63% and a net margin of 8.59%.The company had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. During the same quarter in the previous year, the company posted $1.14 EPS. TJX Companies’s quarterly revenue 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. Sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

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

TJX Companies Company 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.