Wright Investors Service Inc. Trims Position in The TJX Companies, Inc. $TJX

Wright Investors Service Inc. reduced its position in The TJX Companies, Inc. (NYSE:TJX) by 27.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 12,190 shares of the apparel and home fashions retailer’s stock after selling 4,519 shares during the period. Wright Investors Service Inc.’s holdings in TJX Companies were worth $1,762,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC grew its position in shares of TJX Companies by 113.7% in the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after purchasing an additional 8,002 shares during the period. Revolve Wealth Partners LLC lifted its position in 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 worth $262,000 after buying an additional 235 shares during the period. Bison Wealth LLC boosted its stake in TJX Companies by 32.9% in the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after buying an additional 955 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in TJX Companies by 2.3% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 10,887 shares of the apparel and home fashions retailer’s stock valued at $1,344,000 after buying an additional 245 shares during the period. Finally, Baron Wealth Management LLC grew its holdings in TJX Companies by 13.3% in the 2nd quarter. Baron Wealth Management LLC now owns 2,410 shares of the apparel and home fashions retailer’s stock valued at $298,000 after buying an additional 283 shares during the period. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction on 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 directly owned 535,143 shares of the company’s stock, valued at approximately $79,634,629.83. The trade was a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Amy B. Lane sold 500 shares of the company’s 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 completion of the transaction, the director owned 22,212 shares of the company’s stock, valued at $3,362,896.80. This trade represents a 2.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 54,863 shares of company stock worth $8,226,366 over the last three months. 0.13% of the stock is currently owned by corporate insiders.

TJX Companies Price Performance

TJX Companies stock opened at $156.00 on Friday. The firm has a fifty day moving average of $152.79 and a 200-day moving average of $141.48. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $159.48. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $173.23 billion, a P/E ratio of 34.44, a PEG ratio of 3.25 and a beta of 0.75.

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 for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The firm had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same period in the prior year, the company 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 and its FY 2026 guidance at 4.630-4.660 EPS. As a group, analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

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

Analyst Upgrades and Downgrades

TJX has been the topic of several recent analyst reports. TD Cowen increased their price objective on shares of TJX Companies from $162.00 to $167.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. 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. Telsey Advisory Group reiterated an “outperform” rating and issued a $170.00 price target on shares of TJX Companies in a report on Thursday, December 4th. Deutsche Bank Aktiengesellschaft set a $184.00 price objective on shares of TJX Companies in a research note on Thursday, January 8th. Finally, The Goldman Sachs Group upped their price objective on TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $163.86.

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.