4,381 The TJX Companies, Inc. $TJX Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC decreased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.2% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 130,651 shares of the apparel and home fashions retailer’s stock after selling 4,381 shares during the period. Parallel Advisors LLC’s holdings in TJX Companies were worth $17,286,000 at the end of the most recent quarter.

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

TJX Companies Stock Performance

NYSE:TJX traded down $3.33 during mid-day trading on Friday, hitting $135.26. The company’s stock had a trading volume of 7,159,244 shares, compared to its average volume of 6,188,105. The TJX Companies, Inc. has a 1 year low of $122.78 and a 1 year high of $170.00. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.15 and a quick ratio of 0.56. The stock has a market cap of $148.78 billion, a price-to-earnings ratio of 25.00, a PEG ratio of 2.67 and a beta of 0.58. The business’s fifty day moving average is $135.81 and its two-hundred day moving average is $150.77.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.03. The business had revenue of $15.18 billion during the quarter, compared to analyst estimates of $15.16 billion. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%. The company’s revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the business posted $1.10 EPS. 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. Analysts anticipate that The TJX Companies, Inc. will post 5.22 EPS for the current fiscal year.

TJX Companies Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have commented on TJX. Evercore reaffirmed an “outperform” rating and set a $173.00 price target (down from $175.00) on shares of TJX Companies in a research report on Thursday, August 20th. Weiss Ratings reissued a “buy (b)” rating on shares of TJX Companies in a report on Monday, October 19th. Wolfe Research started coverage on TJX Companies in a research note on Wednesday, October 21st. They issued a “peer perform” rating for the company. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $175.00 target price on shares of TJX Companies in a report on Tuesday, August 25th. Finally, The Goldman Sachs Group cut their price target on shares of TJX Companies from $194.00 to $178.00 and set a “buy” rating on the stock in a report on Thursday, August 20th. Twenty-one investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $174.95.

TJX Companies Company Profile

The TJX Companies, Inc is an off-price retailer that sells apparel, footwear, accessories, home furnishings and other merchandise through stores and e-commerce sites. Its buying approach focuses on offering brand-name and designer goods at prices generally below those of traditional retailers.

The company operates retail chains including TJ Maxx, Marshalls, HomeGoods and Sierra in the United States; Winners, HomeSense and Marshalls in Canada; and TK Maxx and Homesense in Europe. Its stores carry a changing selection of products across categories such as clothing, home décor, furniture, beauty and outdoor gear.

TJX traces its history to the Zayre discount retail business and became The TJX Companies in 1987.