Public Sector Pension Investment Board Sells 21,855 Shares of The TJX Companies, Inc. $TJX

Public Sector Pension Investment Board lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.4% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 871,565 shares of the apparel and home fashions retailer’s stock after selling 21,855 shares during the quarter. Public Sector Pension Investment Board’s holdings in TJX Companies were worth $125,976,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of Nova Scotia lifted its holdings in shares of TJX Companies by 129.9% during the second quarter. Bank of Nova Scotia now owns 269,813 shares of the apparel and home fashions retailer’s stock worth $33,319,000 after buying an additional 152,453 shares in the last quarter. Empowered Funds LLC increased its position in TJX Companies by 66.6% during the second quarter. Empowered Funds LLC now owns 76,998 shares of the apparel and home fashions retailer’s stock worth $9,508,000 after acquiring an additional 30,779 shares during the period. Rheos Capital Works Inc. raised its stake in TJX Companies by 26.0% in the 3rd quarter. Rheos Capital Works Inc. now owns 370,000 shares of the apparel and home fashions retailer’s stock worth $53,480,000 after purchasing an additional 76,400 shares in the last quarter. Wealthfront Advisers LLC raised its stake in TJX Companies by 4.9% in the 3rd quarter. Wealthfront Advisers LLC now owns 171,820 shares of the apparel and home fashions retailer’s stock worth $24,835,000 after purchasing an additional 8,006 shares in the last quarter. Finally, Savoir Faire Capital Management L.P. boosted its holdings in TJX Companies by 45.7% in the 3rd quarter. Savoir Faire Capital Management L.P. now owns 81,361 shares of the apparel and home fashions retailer’s stock valued at $11,760,000 after purchasing an additional 25,534 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Trading Up 2.3%

Shares of TJX stock opened at $154.15 on Friday. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $159.48. The stock’s fifty day moving average price is $154.42 and its two-hundred day moving average price is $145.42. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09. The company has a market cap of $171.18 billion, a PE ratio of 34.03, a P/E/G ratio of 2.88 and a beta of 0.74.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share 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 the consensus estimate 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 period in the prior year, the company earned $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. Equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis 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%.

Insider Buying and Selling

In related news, CEO Ernie Herrman sold 24,363 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $151.31, for a total value of $3,686,365.53. Following the completion of the transaction, the chief executive officer owned 510,780 shares of the company’s stock, valued at $77,286,121.80. This represents a 4.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction that occurred 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 sale, the director 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. Over the last 90 days, insiders sold 54,863 shares of company stock worth $8,226,366. 0.13% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

TJX has been the topic of several recent research reports. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $170.00 target price on shares of TJX Companies in a report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft set a $184.00 price objective on TJX Companies in a research note on Thursday, January 8th. Barclays set a $172.00 price objective on TJX Companies and gave the company an “overweight” rating in a report on Thursday, December 4th. Robert W. Baird set a $168.00 target price on TJX Companies in a report on Wednesday, December 17th. Finally, Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research note on Sunday, January 11th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company. According to data from MarketBeat, TJX Companies has an average rating of “Buy” and an average 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.