KPP Advisory Services LLC Invests $630,000 in The TJX Companies, Inc. $TJX

KPP Advisory Services LLC bought a new position in shares of The TJX Companies, Inc. (NYSE:TJXFree Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,356 shares of the apparel and home fashions retailer’s stock, valued at approximately $630,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Lavaca Capital LLC acquired a new position in shares of TJX Companies during the 2nd quarter worth about $25,000. Princeton Global Asset Management LLC acquired a new position in TJX Companies during the second quarter valued at approximately $28,000. Howard Hughes Medical Institute bought a new position in TJX Companies in the second quarter valued at approximately $30,000. Legacy Investment Solutions LLC acquired a new position in shares of TJX Companies during the 2nd quarter worth approximately $32,000. Finally, Capital A Wealth Management LLC raised its stake in shares of TJX Companies by 776.7% during the 2nd quarter. Capital A Wealth Management LLC now owns 263 shares of the apparel and home fashions retailer’s stock worth $32,000 after purchasing an additional 233 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on TJX shares. BTIG Research reaffirmed a “buy” rating and set a $165.00 price target on shares of TJX Companies in a research report on Thursday, November 20th. Robert W. Baird set a $168.00 target price on shares of TJX Companies in a report on Wednesday, December 17th. The Goldman Sachs Group raised their target price on shares of TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Morgan Stanley reissued an “overweight” rating and set a $162.00 price target (up previously from $159.00) on shares of TJX Companies in a research report on Thursday, November 20th. Finally, Guggenheim raised TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $163.86.

View Our Latest Stock Report on TJX

TJX Companies Trading Down 1.4%

Shares of TJX Companies stock opened at $147.97 on Wednesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09. The firm has a 50-day moving average of $154.05 and a 200-day moving average of $143.34. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $159.48. The stock has a market cap of $164.31 billion, a PE ratio of 32.66, a PEG ratio of 3.15 and a beta of 0.75.

TJX Companies (NYSE:TJXGet Free Report) last issued its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.06. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The business had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same quarter in the previous year, the company earned $1.14 EPS. 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. As a group, sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

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

Insider Buying and Selling at TJX Companies

In other news, Director Amy B. Lane sold 500 shares of the 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 sale, the director directly owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $148.81, for a total value of $4,464,300.00. Following the completion of the transaction, the chief executive officer owned 535,143 shares in the company, valued at $79,634,629.83. The trade was a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 54,863 shares of company stock valued at $8,226,366 over the last ninety days. Insiders own 0.13% of the company’s stock.

TJX Companies Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding TJX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The TJX Companies, Inc. (NYSE:TJXFree Report).

Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

Receive News & Ratings for TJX Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies and related companies with MarketBeat.com's FREE daily email newsletter.