Smartleaf Asset Management LLC Boosts Holdings in The TJX Companies, Inc. $TJX

Smartleaf Asset Management LLC boosted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 23.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,450 shares of the apparel and home fashions retailer’s stock after acquiring an additional 4,724 shares during the period. Smartleaf Asset Management LLC’s holdings in TJX Companies were worth $3,509,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

TJX has been the subject of a number of analyst reports. Evercore boosted their price objective on shares of TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. Deutsche Bank Aktiengesellschaft set a $184.00 target price on shares of TJX Companies in a research note on Thursday, January 8th. The Goldman Sachs Group increased their price target on TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. BTIG Research reaffirmed a “buy” rating and issued a $165.00 price objective on shares of TJX Companies in a research report on Thursday, November 20th. Finally, Wells Fargo & Company reiterated a “positive” rating and set a $150.00 target price (up from $145.00) on shares of TJX Companies in a research report on Tuesday, December 16th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $163.86.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the transaction, the chief executive officer 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Amy B. Lane sold 500 shares of the company’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 completion of the sale, the director directly owned 22,212 shares of the company’s stock, valued at $3,362,896.80. The trade was 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 90 days. Company insiders own 0.13% of the company’s stock.

TJX Companies Stock Performance

Shares of NYSE:TJX opened at $155.86 on Friday. The business has a 50-day moving average of $154.16 and a two-hundred day moving average of $144.79. The firm has a market capitalization of $173.08 billion, a PE ratio of 34.41, a P/E/G ratio of 2.98 and a beta of 0.74. 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 12 month low of $112.10 and a 12 month high of $159.48.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.06. The business had revenue of $15.12 billion for 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%.The company’s revenue was up 7.5% compared to the same quarter last year. During the same period in the previous 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, research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm 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. The ex-dividend date is Thursday, February 12th. This represents a $1.70 annualized dividend and a dividend yield of 1.1%. TJX Companies’s payout ratio is presently 37.53%.

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.