The TJX Companies, Inc. $TJX Shares Sold by Greystone Financial Group LLC

Greystone Financial Group LLC lowered its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 8.3% in the third quarter, HoldingsChannel reports. The fund owned 79,543 shares of the apparel and home fashions retailer’s stock after selling 7,159 shares during the quarter. TJX Companies makes up about 1.8% of Greystone Financial Group LLC’s portfolio, making the stock its 26th largest position. Greystone Financial Group LLC’s holdings in TJX Companies were worth $11,497,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Lavaca Capital LLC acquired a new position in TJX Companies during the second quarter worth approximately $25,000. Princeton Global Asset Management LLC purchased a new stake in shares of TJX Companies during the 2nd quarter valued at $28,000. Howard Hughes Medical Institute purchased a new stake in shares of TJX Companies during the 2nd quarter valued at $30,000. Legacy Investment Solutions LLC acquired a new stake in shares of TJX Companies during the 2nd quarter worth $32,000. Finally, Capital A Wealth Management LLC raised its position in shares of TJX Companies by 776.7% in 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 buying an additional 233 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on TJX. Barclays set a $172.00 price target on TJX Companies and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Citigroup reissued a “buy” rating and set a $168.00 target price (up previously from $160.00) on shares of TJX Companies in a research report on Thursday, November 20th. Cowen restated a “buy” rating on shares of TJX Companies in a report on Thursday, November 20th. Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. Finally, Wall Street Zen lowered shares of TJX Companies from a “buy” rating to a “hold” rating in a research report on Saturday. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-three have issued a Buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $161.50.

TJX Companies Stock Up 0.4%

NYSE TJX opened at $154.30 on Monday. 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 fifty-two week low of $112.10 and a fifty-two week high of $157.82. The business has a 50 day moving average price of $150.33 and a two-hundred day moving average price of $139.67. The stock has a market cap of $171.34 billion, a PE ratio of 34.06, a P/E/G ratio of 3.46 and a beta of 0.75.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The business had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.14 earnings per share. 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 predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

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

Insider Activity

In other TJX Companies news, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The stock was 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 trade represents a 2.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Ernie Herrman sold 24,363 shares of TJX Companies stock in a transaction that occurred 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 sale, the chief executive officer owned 510,780 shares in the company, valued at $77,286,121.80. This represents a 4.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 54,863 shares of company stock valued at $8,226,366 over the last 90 days. Insiders own 0.13% of the company’s stock.

About TJX Companies

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.