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

HBK Sorce Advisory LLC raised its stake in The TJX Companies, Inc. (NYSE:TJX) by 38.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Brighton Jones LLC boosted its holdings in TJX Companies by 113.7% during the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after buying 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 worth $262,000 after acquiring an additional 235 shares during the period. Bison Wealth LLC boosted its stake in shares of TJX Companies by 32.9% during the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after acquiring an additional 955 shares in the last quarter. Freedom Investment Management Inc. boosted its stake in shares of TJX Companies by 12.3% during the 1st quarter. Freedom Investment Management Inc. now owns 5,848 shares of the apparel and home fashions retailer’s stock worth $712,000 after acquiring an additional 640 shares in the last quarter. Finally, Teca Partners LP grew its position in shares of TJX Companies by 55.6% during 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 acquiring 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

TJX has been the subject of a number of analyst reports. Sanford C. Bernstein upped their price target on TJX Companies from $152.00 to $155.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Robert W. Baird set a $168.00 target price on TJX Companies in a research note on Wednesday, December 17th. Citigroup reissued a “buy” rating and issued a $168.00 price target (up previously from $160.00) on shares of TJX Companies in a research note on Thursday, November 20th. Jefferies Financial Group reissued a “buy” rating and issued a $170.00 price target on shares of TJX Companies in a report on Tuesday, November 11th. Finally, Wells Fargo & Company reaffirmed a “positive” rating and set a $150.00 price objective (up from $145.00) on shares of TJX Companies in a report on Tuesday, December 16th. Two research analysts have rated the stock with a Strong Buy rating and twenty-three have given a Buy rating to the company’s stock. According to data from MarketBeat, TJX Companies presently has an average rating of “Buy” and a consensus price target of $161.50.

Insider Activity

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 sale, the chief executive officer owned 510,780 shares of the company’s stock, valued at $77,286,121.80. This trade represents a 4.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $151.40, for a total value of $75,700.00. Following the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 54,863 shares of company stock worth $8,226,366 in the last three months. Corporate insiders own 0.13% of the company’s stock.

TJX Companies Stock Down 0.5%

Shares of NYSE TJX opened at $155.80 on Wednesday. The company has a market capitalization of $173.01 billion, a P/E ratio of 34.39, a P/E/G ratio of 3.52 and a beta of 0.76. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $157.82. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43. The company has a 50 day simple moving average of $148.39 and a 200-day simple moving average of $137.92.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, beating the consensus estimate of $1.22 by $0.06. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The business had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. During the same quarter in the prior year, the company posted $1.14 EPS. The company’s quarterly revenue was up 7.5% on a year-over-year basis. 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. On average, equities research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be given a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, February 12th. TJX Companies’s payout ratio is currently 37.53%.

TJX Companies Company Profile

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.