The TJX Companies, Inc. $TJX Stock Sold by Greenleaf Trust

Greenleaf Trust decreased its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 90,978 shares of the apparel and home fashions retailer’s stock after selling 3,956 shares during the period. Greenleaf Trust’s holdings in TJX Companies were worth $12,037,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of TJX. Cetera Trust Company N.A acquired a new stake in shares of TJX Companies during the second quarter worth $27,000. William Mack & Associates Inc. purchased a new stake in TJX Companies in the 3rd quarter worth about $29,000. Evergreen Advisors LLC acquired a new stake in TJX Companies during the 1st quarter worth about $36,000. Cedar Mountain Advisors LLC grew its stake in TJX Companies by 47.7% during the 1st quarter. Cedar Mountain Advisors LLC now owns 226 shares of the apparel and home fashions retailer’s stock valued at $36,000 after acquiring an additional 73 shares in the last quarter. Finally, Kelly Lawrence W & Associates Inc. CA purchased a new position in TJX Companies during the 2nd quarter valued at about $35,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Performance

NYSE TJX opened at $140.34 on Monday. The company’s 50-day simple moving average is $135.71 and its 200 day simple moving average is $151.19. The TJX Companies, Inc. has a twelve month low of $122.78 and a twelve month high of $170.00. The stock has a market cap of $154.37 billion, a P/E ratio of 25.94, a PEG ratio of 2.66 and a beta of 0.58. The company has a quick ratio of 0.56, a current ratio of 1.15 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.03. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%. The business had revenue of $15.18 billion for the quarter, compared to analyst estimates of $15.16 billion. During the same period in the prior year, the company earned $1.10 EPS. TJX Companies’s revenue for the quarter was up 5.4% on a year-over-year basis. TJX Companies has set its FY 2027 guidance at 5.150-5.200 EPS and its Q3 2027 guidance at 1.360-1.380 EPS. As a group, research analysts forecast that The TJX Companies, Inc. will post 5.22 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Thursday, November 12th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Thursday, November 12th. TJX Companies’s dividend payout ratio is currently 35.49%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Wolfe Research began coverage on TJX Companies in a report on Wednesday, October 21st. They issued a “peer perform” rating on the stock. BTIG Research reiterated a “buy” rating and issued a $190.00 target price on shares of TJX Companies in a research note on Thursday, August 20th. JPMorgan Chase & Co. increased their price target on shares of TJX Companies from $168.00 to $171.00 and gave the stock an “overweight” rating in a research note on Thursday, August 20th. Erste Group Bank lowered shares of TJX Companies from a “buy” rating to a “hold” rating in a research note on Wednesday, July 15th. Finally, Daiwa Securities Group dropped their target price on shares of TJX Companies from $168.00 to $155.00 in a report on Tuesday, August 25th. Twenty-one analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, TJX Companies currently has a consensus rating of “Moderate Buy” and a consensus target price of $174.95.

TJX Companies Profile

The TJX Companies, Inc (NYSE: TJX) is an off-price retailer specializing in apparel, footwear, accessories, and home merchandise. Its stores offer branded and designer products at prices generally below those of full-price retailers, using a flexible purchasing model that allows the company to acquire merchandise from manufacturers, retailers, and other suppliers.

The company operates a portfolio of retail banners, including T.J. Maxx, Marshalls, HomeGoods, Sierra, and Homesense in the United States; Winners, HomeSense, and Marshalls in Canada; and TK Maxx and Homesense in Europe and Australia.