The TJX Companies, Inc. $TJX Shares Acquired by Savoir Faire Capital Management L.P.

Savoir Faire Capital Management L.P. raised its position in The TJX Companies, Inc. (NYSE:TJX) by 45.7% during the third quarter, according to its most recent filing with the SEC. The firm owned 81,361 shares of the apparel and home fashions retailer’s stock after purchasing an additional 25,534 shares during the period. TJX Companies accounts for approximately 4.2% of Savoir Faire Capital Management L.P.’s portfolio, making the stock its 7th largest position. Savoir Faire Capital Management L.P.’s holdings in TJX Companies were worth $11,760,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of TJX. Vanguard Group Inc. lifted its holdings in TJX Companies by 0.7% in the second quarter. Vanguard Group Inc. now owns 101,141,056 shares of the apparel and home fashions retailer’s stock valued at $12,489,909,000 after buying an additional 727,292 shares during the period. State Street Corp raised its position in shares of TJX Companies by 0.6% in the 2nd quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock worth $6,001,063,000 after acquiring an additional 285,737 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of TJX Companies by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock valued at $3,205,927,000 after purchasing an additional 301,127 shares during the period. Norges Bank bought a new stake in shares of TJX Companies during the 2nd quarter valued at about $1,808,774,000. Finally, Invesco Ltd. grew its stake in TJX Companies by 0.9% during the second quarter. Invesco Ltd. now owns 9,081,087 shares of the apparel and home fashions retailer’s stock worth $1,121,423,000 after purchasing an additional 80,487 shares during the period. 91.09% of the stock is owned by institutional investors.

Insider Buying and Selling

In other TJX Companies news, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.40, for a total transaction of $75,700.00. Following the transaction, the director directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 transaction, the chief executive officer directly owned 535,143 shares in the company, valued at $79,634,629.83. This represents a 5.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 54,863 shares of company stock worth $8,226,366 in the last 90 days. Corporate insiders own 0.13% of the company’s stock.

TJX Companies Stock Performance

Shares of TJX stock opened at $153.17 on Monday. The company has a current ratio of 1.09, a quick ratio of 0.43 and a debt-to-equity ratio of 0.20. The firm has a fifty day simple moving average of $153.91 and a two-hundred day simple moving average of $142.99. The TJX Companies, Inc. has a 12 month low of $112.10 and a 12 month high of $159.48. The firm has a market capitalization of $170.09 billion, a PE ratio of 33.81, a price-to-earnings-growth ratio of 3.21 and a beta of 0.75.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data 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. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The firm had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same period last year, the company earned $1.14 earnings per share. The business’s 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. Analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently disclosed 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 annualized dividend and a dividend yield of 1.1%. TJX Companies’s dividend payout ratio is 37.53%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TJX. The Goldman Sachs Group boosted their price target on TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. TD Cowen reiterated a “buy” rating on shares of TJX Companies in a research report on Thursday, November 20th. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Sunday, January 11th. UBS Group reaffirmed a “buy” rating and issued a $193.00 price target (up from $181.00) on shares of TJX Companies in a research note on Thursday, January 8th. Finally, JPMorgan Chase & Co. increased their price objective 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 research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the stock. Based on data from MarketBeat, TJX Companies has an average rating of “Buy” and a consensus price target of $163.86.

TJX Companies 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.