The TJX Companies, Inc. $TJX Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lowered its position in The TJX Companies, Inc. (NYSE:TJX) by 10.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 51,750 shares of the apparel and home fashions retailer’s stock after selling 6,332 shares during the quarter. Thrivent Financial for Lutherans’ holdings in TJX Companies were worth $7,479,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Lavaca Capital LLC acquired a new position in shares of TJX Companies during the second quarter valued at $25,000. Princeton Global Asset Management LLC bought a new position in TJX Companies in the 2nd quarter valued at about $28,000. Howard Hughes Medical Institute bought a new stake in shares of TJX Companies during the 2nd quarter worth about $30,000. Legacy Investment Solutions LLC acquired a new stake in shares of TJX Companies in the 2nd quarter worth approximately $32,000. Finally, Capital A Wealth Management LLC boosted its holdings in shares of TJX Companies by 776.7% in the second quarter. Capital A Wealth Management LLC now owns 263 shares of the apparel and home fashions retailer’s stock valued at $32,000 after acquiring an additional 233 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have weighed in on TJX. The Goldman Sachs Group upped their target price on TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. TD Cowen restated a “buy” rating on shares of TJX Companies in a report on Thursday, November 20th. Robert W. Baird set a $168.00 target price on TJX Companies in a research note on Wednesday, December 17th. BTIG Research reaffirmed a “buy” rating and set a $165.00 target price on shares of TJX Companies in a report on Thursday, November 20th. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $170.00 price target on shares of TJX Companies in a report on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company. According to MarketBeat.com, TJX Companies presently has a consensus rating of “Buy” and a consensus price target of $163.86.

TJX Companies Stock Performance

Shares of NYSE TJX opened at $155.17 on Friday. The stock’s fifty day simple moving average is $154.10 and its 200 day simple moving average is $144.44. The stock has a market capitalization of $172.31 billion, a price-to-earnings ratio of 34.25, a PEG ratio of 2.94 and a beta of 0.74. 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 TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $159.48.

TJX Companies (NYSE:TJX) last released its quarterly 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. The business had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.TJX Companies’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter last year, the company posted $1.14 EPS. 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, sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be issued a dividend of $0.425 per share. The ex-dividend date is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. TJX Companies’s payout ratio is currently 37.53%.

Insider Activity at TJX Companies

In other news, Director Amy B. Lane sold 500 shares of the 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 completion of the sale, the director owned 22,212 shares in the company, valued at $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Ernie Herrman sold 24,363 shares of the firm’s 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 completion of the sale, the chief executive officer directly owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. This trade represents a 4.55% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is owned by insiders.

TJX Companies Company 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.