The TJX Companies, Inc. $TJX Stock Position Lowered by Russell Investments Group Ltd.

Russell Investments Group Ltd. lowered its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 7.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,109,694 shares of the apparel and home fashions retailer’s stock after selling 180,077 shares during the quarter. Russell Investments Group Ltd. owned 0.19% of TJX Companies worth $260,497,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in TJX. First American Bank boosted its position in TJX Companies by 4.5% during the 2nd quarter. First American Bank now owns 138,840 shares of the apparel and home fashions retailer’s stock worth $17,145,000 after acquiring an additional 5,921 shares during the period. FCG Investment Co acquired a new stake in TJX Companies in the first quarter valued at approximately $2,620,000. MinichMacGregor Wealth Management LLC bought a new position in TJX Companies during the second quarter valued at about $5,045,000. Empowered Funds LLC grew its holdings in TJX Companies by 66.6% during the second quarter. Empowered Funds LLC now owns 76,998 shares of the apparel and home fashions retailer’s stock valued at $9,508,000 after purchasing an additional 30,779 shares during the last quarter. Finally, Infusive Asset Management Inc. boosted its stake in TJX Companies by 30.1% during the 1st quarter. Infusive Asset Management Inc. now owns 27,730 shares of the apparel and home fashions retailer’s stock valued at $3,378,000 after purchasing an additional 6,415 shares during the period. Institutional investors own 91.09% of the company’s stock.

Insiders Place Their Bets

In other news, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction on 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 in the company, valued at $3,362,896.80. The trade was a 2.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 transaction of $4,464,300.00. Following the transaction, the chief executive officer owned 535,143 shares of the company’s stock, 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 a total of 54,863 shares of company stock valued at $8,226,366 over the last quarter. 0.13% of the stock is owned by corporate insiders.

TJX Companies Price Performance

TJX Companies stock opened at $152.34 on Wednesday. The firm has a market capitalization of $169.54 billion, a P/E ratio of 34.70, a PEG ratio of 3.14 and a beta of 0.90. The business has a 50-day moving average of $143.46 and a 200-day moving average of $134.49. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $153.02.

TJX Companies (NYSE:TJX) last announced 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. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. During the same quarter in the previous year, the business earned $1.14 EPS. The firm’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. FY 2026 guidance at 4.630-4.660 EPS. On average, equities analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, November 13th. TJX Companies’s payout ratio is currently 37.53%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Macquarie restated a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. UBS Group upped their price objective on TJX Companies from $172.00 to $181.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Cowen reiterated a “buy” rating on shares of TJX Companies in a research report on Thursday, November 20th. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. increased their price target on TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, TJX Companies currently has a consensus rating of “Buy” and an average target price of $158.90.

About TJX Companies

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.