The TJX Companies, Inc. $TJX Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. reduced its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 7.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 53,877 shares of the apparel and home fashions retailer’s stock after selling 4,496 shares during the period. Securian Asset Management Inc.’s holdings in TJX Companies were worth $7,787,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. O Brien Wealth Partners LLC acquired a new stake in TJX Companies in the third quarter valued at $117,000. Investment Advisory Services Inc. TX ADV purchased a new position in shares of TJX Companies in the 3rd quarter valued at about $202,000. Cerity Partners LLC raised its position in shares of TJX Companies by 2.7% during the 3rd quarter. Cerity Partners LLC now owns 1,469,597 shares of the apparel and home fashions retailer’s stock worth $212,414,000 after acquiring an additional 38,622 shares in the last quarter. Barry Investment Advisors LLC acquired a new position in TJX Companies in the third quarter valued at approximately $234,000. Finally, Rheos Capital Works Inc. increased its stake in TJX Companies by 26.0% in the third quarter. Rheos Capital Works Inc. now owns 370,000 shares of the apparel and home fashions retailer’s stock valued at $53,480,000 after purchasing an additional 76,400 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Up 0.1%

TJX Companies stock opened at $153.96 on Wednesday. The stock has a 50 day moving average of $150.75 and a two-hundred day moving average of $140.11. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $157.82. The stock has a market capitalization of $170.97 billion, a price-to-earnings ratio of 33.99, a PEG ratio of 3.45 and a beta of 0.75. The company has a current ratio of 1.09, a quick ratio of 0.43 and a debt-to-equity ratio of 0.20.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping the consensus estimate of $1.22 by $0.06. The business had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The company’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. As a group, research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

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

Analysts Set New Price Targets

TJX has been the subject of several recent analyst reports. Telsey Advisory Group restated an “outperform” rating and set a $170.00 price objective on shares of TJX Companies in a research report on Thursday, December 4th. JPMorgan Chase & Co. boosted their price target on shares of TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a research report on Thursday, November 20th. Cowen restated a “buy” rating on shares of TJX Companies in a research note on Thursday, November 20th. Wells Fargo & Company reiterated a “positive” rating and set a $150.00 target price (up previously from $145.00) on shares of TJX Companies in a research report on Tuesday, December 16th. Finally, BTIG Research reissued a “buy” rating and issued a $165.00 target price on shares of TJX Companies in a research report on Thursday, November 20th. Two research analysts have rated the stock with a Strong Buy rating and twenty-three have given a Buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $162.25.

Insider Activity at TJX Companies

In related news, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction that occurred 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 sale, the chief executive officer directly owned 535,143 shares in the company, valued at $79,634,629.83. The trade was a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.40, for a total value of $75,700.00. Following the transaction, the director directly owned 22,212 shares in the company, valued at $3,362,896.80. This represents a 2.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 54,863 shares of company stock worth $8,226,366 in the last quarter. 0.13% of the stock is currently owned by insiders.

TJX Companies 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.