8,790 Shares in The TJX Companies, Inc. $TJX Acquired by Tred Avon Family Wealth LLC

Tred Avon Family Wealth LLC purchased a new stake in The TJX Companies, Inc. (NYSE:TJX) during the 3rd quarter, HoldingsChannel reports. The fund purchased 8,790 shares of the apparel and home fashions retailer’s stock, valued at approximately $1,271,000.

Several other hedge funds have also recently bought and sold shares of the stock. Lavaca Capital LLC acquired a new stake in shares of TJX Companies in the 2nd quarter valued at $25,000. Princeton Global Asset Management LLC bought a new position in TJX Companies during the 2nd quarter valued at about $28,000. Highline Wealth Partners LLC boosted its position in TJX Companies by 65.0% in the third quarter. Highline Wealth Partners LLC now owns 231 shares of the apparel and home fashions retailer’s stock valued at $33,000 after buying an additional 91 shares in the last quarter. Howard Hughes Medical Institute bought a new stake in TJX Companies during the second quarter worth about $30,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of TJX Companies during the second quarter worth approximately $32,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently commented on TJX shares. Citigroup reissued a “buy” rating and issued a $168.00 target price (up from $160.00) on shares of TJX Companies in a report on Thursday, November 20th. Sanford C. Bernstein restated an “outperform” rating and set a $170.00 target price on shares of TJX Companies in a report on Tuesday, January 6th. Barclays set a $172.00 price target on TJX Companies and gave the company an “overweight” rating in a report on Thursday, December 4th. Deutsche Bank Aktiengesellschaft set a $184.00 price objective on shares of TJX Companies in a report on Thursday, January 8th. Finally, JPMorgan Chase & Co. upped their target price on shares of TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $163.86.

TJX Companies Price Performance

Shares of TJX stock opened at $157.50 on Friday. The firm has a market cap of $174.90 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 3.30 and a beta of 0.75. The TJX Companies, Inc. has a 12 month low of $112.10 and a 12 month high of $159.48. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20. The stock has a 50-day moving average price of $153.05 and a 200 day moving average price of $141.83.

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 (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.06. The company had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.14 EPS. 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. Research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

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

Insider Buying and Selling at TJX Companies

In related news, CEO Ernie Herrman sold 30,000 shares of TJX Companies 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. The trade was a 5.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $151.40, for a total value of $75,700.00. Following the completion of the sale, the director owned 22,212 shares of the company’s stock, valued at $3,362,896.80. This represents a 2.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 54,863 shares of company stock worth $8,226,366 over the last 90 days. 0.13% of the stock is owned by corporate insiders.

About TJX Companies

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.