Manning & Napier Advisors LLC Purchases New Shares in The TJX Companies, Inc. $TJX

Manning & Napier Advisors LLC acquired a new position in shares of The TJX Companies, Inc. (NYSE:TJX) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 521,332 shares of the apparel and home fashions retailer’s stock, valued at approximately $75,353,000.

Several other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its position in shares of TJX Companies by 113.7% during the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after buying an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of TJX Companies by 12.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock valued at $262,000 after acquiring an additional 235 shares during the last quarter. Bison Wealth LLC lifted its holdings in TJX Companies by 32.9% during the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after acquiring an additional 955 shares during the period. NBC Securities Inc. lifted its holdings in TJX Companies by 0.6% during the second quarter. NBC Securities Inc. now owns 14,274 shares of the apparel and home fashions retailer’s stock worth $1,762,000 after acquiring an additional 86 shares during the period. Finally, Little House Capital LLC boosted its position in TJX Companies by 1.2% in the second quarter. Little House Capital LLC now owns 15,505 shares of the apparel and home fashions retailer’s stock worth $1,915,000 after purchasing an additional 181 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Up 0.6%

Shares of TJX stock opened at $157.99 on Wednesday. The company’s fifty day simple moving average is $152.32 and its two-hundred day simple moving average is $141.28. The stock has a market capitalization of $175.44 billion, a price-to-earnings ratio of 34.88, a PEG ratio of 3.30 and a beta of 0.75. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $159.48.

TJX Companies (NYSE:TJX) last posted its earnings results 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. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The business 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 firm earned $1.14 EPS. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. 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, analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Evercore ISI raised their target price on TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. UBS Group restated a “buy” rating and set a $193.00 price target (up previously from $181.00) on shares of TJX Companies in a research report on Thursday, January 8th. Wells Fargo & Company restated a “positive” rating and set a $150.00 price objective (up previously from $145.00) on shares of TJX Companies in a report on Tuesday, December 16th. Citigroup reiterated 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. Finally, Bank of America raised their price target on shares of TJX Companies from $150.00 to $168.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $163.86.

Insiders Place Their Bets

In related news, CEO Ernie Herrman sold 24,363 shares of the stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.31, for a total value of $3,686,365.53. Following the sale, the chief executive officer owned 510,780 shares in the company, valued at approximately $77,286,121.80. This trade represents a 4.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction dated 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 owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 54,863 shares of company stock worth $8,226,366 in the last quarter. 0.13% of the stock is currently owned by company 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.