Park Avenue Securities LLC Sells 7,129 Shares of The TJX Companies, Inc. $TJX

Park Avenue Securities LLC trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 7.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,909 shares of the apparel and home fashions retailer’s stock after selling 7,129 shares during the period. Park Avenue Securities LLC’s holdings in TJX Companies were worth $11,102,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of TJX. BlackRock Inc. acquired a new stake in shares of TJX Companies in the second quarter valued at $16,489,926,000. Bank of America Corp DE bought a new position in shares of TJX Companies in the second quarter valued at about $3,511,553,000. Bank of New York Mellon Corp bought a new position in shares of TJX Companies in the second quarter valued at about $1,598,731,000. Primecap Management Co. CA bought a new position in shares of TJX Companies in the second quarter valued at about $1,435,617,000. Finally, Deutsche Bank AG acquired a new position in TJX Companies during the 2nd quarter worth about $866,901,000. Institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of NYSE TJX opened at $140.27 on Wednesday. The company’s 50 day simple moving average is $136.04 and its 200 day simple moving average is $151.46. The TJX Companies, Inc. has a fifty-two week low of $122.78 and a fifty-two week high of $170.00. The firm has a market capitalization of $154.29 billion, a P/E ratio of 25.93 and a beta of 0.56.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.03. The business had revenue of $15.18 billion during the quarter, compared to the consensus estimate of $15.16 billion. During the same period in the previous year, the business posted $1.10 earnings per share. TJX Companies’s revenue was up 5.4% compared to the same quarter last year. TJX Companies has set its FY 2027 guidance at 5.150-5.200 EPS and its Q3 2027 guidance at 1.360-1.380 EPS. Sell-side analysts expect that The TJX Companies, Inc. will post 5.22 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Thursday, November 12th will be paid a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.4%. TJX Companies’s payout ratio is 35.49%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. UBS Group reissued a “buy” rating and set a $198.00 price objective (up from $197.00) on shares of TJX Companies in a report on Thursday, August 20th. Gordon Haskett restated an “accumulate” rating and issued a $155.00 price objective on shares of TJX Companies in a research report on Thursday, August 20th. Bank of America dropped their target price on shares of TJX Companies from $175.00 to $170.00 and set a “buy” rating for the company in a research note on Tuesday. Wolfe Research began coverage on shares of TJX Companies in a research report on Wednesday, October 21st. They set a “peer perform” rating on the stock. Finally, Citigroup lowered shares of TJX Companies from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $182.00 to $154.00 in a research report on Thursday, August 20th. Twenty-one equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $174.95.

Key Headlines Impacting TJX Companies

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: Gordon Haskett raised its price target for TJX to $175, signaling confidence in the retailer’s operating outlook and potential upside. Gordon Haskett raises target for TJX Companies stock
• Positive Sentiment: TJX is benefiting from continued consumer demand for discounted merchandise. Its Marshalls banner is expanding its store footprint ahead of the holiday season, potentially supporting traffic and sales growth. TJX expands Marshalls footprint
• Neutral Sentiment: UBS’s bullish upgrade of rival Ross Stores highlights strong demand across the off-price retail category. The analysis also identifies TJX as the productivity benchmark, reinforcing its competitive position while increasing attention on whether rivals can narrow the gap. Off-price retail sector analysis
• Negative Sentiment: Bank of America lowered its TJX price target to $170 from $175, although it maintained a Buy rating. The reduction may have weighed on sentiment by suggesting somewhat less near-term upside, despite the target still implying meaningful appreciation from recent levels. BofA adjusts TJX price target
• Negative Sentiment: TJX stock fell during the latest session while the broader market moved higher, indicating company-specific profit-taking or concern that expectations and valuation remain elevated. TJX stock falls amid market uptick

TJX Companies Company Profile

The TJX Companies, Inc (NYSE: TJX) is an off-price retailer specializing in apparel, footwear, accessories, and home merchandise. Its stores offer branded and designer products at prices generally below those of full-price retailers, using a flexible purchasing model that allows the company to acquire merchandise from manufacturers, retailers, and other suppliers.

The company operates a portfolio of retail banners, including T.J. Maxx, Marshalls, HomeGoods, Sierra, and Homesense in the United States; Winners, HomeSense, and Marshalls in Canada; and TK Maxx and Homesense in Europe and Australia.