Shelton Capital Management Sells 148,553 Shares of The TJX Companies, Inc. $TJX

Shelton Capital Management trimmed its stake in shares of The TJX Companies, Inc. (NYSE:TJXFree Report) by 54.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 123,393 shares of the apparel and home fashions retailer’s stock after selling 148,553 shares during the quarter. Shelton Capital Management’s holdings in TJX Companies were worth $15,238,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in TJX. Vanguard Group Inc. increased its position in shares of TJX Companies by 0.7% during 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. Geode Capital Management LLC grew its stake in TJX Companies by 1.2% during the second 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 acquiring an additional 301,127 shares in the last quarter. Norges Bank bought a new stake in TJX Companies during the 2nd quarter worth approximately $1,808,774,000. Ameriprise Financial Inc. increased its holdings in TJX Companies by 0.3% during the 1st quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock worth $1,591,758,000 after acquiring an additional 35,800 shares during the period. Finally, Amundi lifted its stake in TJX Companies by 10.2% in the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after purchasing an additional 1,104,292 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Insiders Place Their Bets

In related news, Director Amy B. Lane sold 500 shares of the stock in a transaction on Friday, November 21st. The shares were sold at an average price of $151.40, for a total transaction of $75,700.00. Following the transaction, the director owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. This trade represents a 2.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Ernie Herrman sold 24,363 shares of TJX Companies stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the completion of the transaction, the chief executive officer owned 510,780 shares in the company, valued at approximately $77,286,121.80. The trade was a 4.55% decrease in their position. 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 in the last ninety days. 0.13% of the stock is owned by corporate insiders.

TJX Companies Trading Down 0.4%

Shares of TJX stock opened at $152.45 on Monday. The business has a 50-day moving average price of $144.25 and a two-hundred day moving average price of $134.95. The TJX Companies, Inc. has a 12-month low of $112.10 and a 12-month high of $154.66. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The firm has a market cap of $169.67 billion, a P/E ratio of 34.73, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJXGet Free Report) last announced its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The company had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.TJX Companies’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period last year, the firm posted $1.14 EPS. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. Equities analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th 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 is Thursday, November 13th. TJX Companies’s payout ratio is presently 37.53%.

Analysts Set New Price Targets

TJX has been the topic of several research analyst reports. BTIG Research reaffirmed a “buy” rating and issued a $165.00 price target on shares of TJX Companies in a report on Thursday, November 20th. Citigroup restated a “buy” rating and issued a $168.00 target price (up from $160.00) on shares of TJX Companies in a research note on Thursday, November 20th. Bank of America raised their price target on TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a report on Thursday, November 20th. TD Cowen boosted their price objective on TJX Companies from $162.00 to $167.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Finally, JPMorgan Chase & Co. upped 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. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, TJX Companies has a consensus rating of “Buy” and an average target price of $158.90.

View Our Latest Stock Analysis on TJX Companies

TJX Companies Profile

(Free Report)

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.

See Also

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

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