Federated Hermes Inc. Has $162.69 Million Stock Holdings in The TJX Companies, Inc. $TJX

Federated Hermes Inc. trimmed its position in The TJX Companies, Inc. (NYSE:TJX) by 10.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,125,583 shares of the apparel and home fashions retailer’s stock after selling 131,899 shares during the quarter. Federated Hermes Inc.’s holdings in TJX Companies were worth $162,692,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in TJX. Brighton Jones LLC raised 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 during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of TJX Companies by 12.1% in the 4th 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 last quarter. Bison Wealth LLC lifted its position in TJX Companies by 32.9% in the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after acquiring an additional 955 shares in the last quarter. Patton Fund Management Inc. acquired a new position in TJX Companies during the 2nd quarter valued at about $215,000. Finally, Venture Visionary Partners LLC increased its holdings in TJX Companies by 25.0% during the 2nd quarter. Venture Visionary Partners LLC now owns 7,762 shares of the apparel and home fashions retailer’s stock worth $959,000 after purchasing an additional 1,551 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Down 1.4%

Shares of NYSE TJX opened at $147.97 on Wednesday. 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 stock has a market capitalization of $164.31 billion, a PE ratio of 32.66, a P/E/G ratio of 3.15 and a beta of 0.75. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $159.48. The business’s fifty day moving average price is $154.05 and its 200-day moving average price is $143.34.

TJX Companies (NYSE:TJX) last posted its quarterly 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 quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.14 earnings per share. 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 anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

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 issued a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, February 12th. TJX Companies’s dividend payout ratio (DPR) is presently 37.53%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Sunday, January 11th. Bank of America increased their price target on TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $170.00 price objective on shares of TJX Companies in a report on Thursday, December 4th. Deutsche Bank Aktiengesellschaft set a $184.00 target price on shares of TJX Companies in a research note on Thursday, January 8th. Finally, Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $163.86.

Insiders Place Their Bets

In other TJX Companies news, Director Amy B. Lane sold 500 shares of the firm’s 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 completion of 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 this hyperlink. Also, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $148.81, for a total value of $4,464,300.00. Following the transaction, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 54,863 shares of company stock valued at $8,226,366 over the last ninety days. Corporate insiders own 0.13% of the company’s stock.

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.