KG&L Capital Management LLC Sells 4,275 Shares of The TJX Companies, Inc. $TJX

KG&L Capital Management LLC lowered its holdings in The TJX Companies, Inc. (NYSE:TJX) by 58.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,017 shares of the apparel and home fashions retailer’s stock after selling 4,275 shares during the quarter. KG&L Capital Management LLC’s holdings in TJX Companies were worth $436,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of TJX. D.A. Davidson & CO. boosted its position in shares of TJX Companies by 0.5% in the third quarter. D.A. Davidson & CO. now owns 52,916 shares of the apparel and home fashions retailer’s stock valued at $7,649,000 after acquiring an additional 277 shares during the period. CWA Asset Management Group LLC raised its stake in TJX Companies by 8.6% during the 3rd quarter. CWA Asset Management Group LLC now owns 6,021 shares of the apparel and home fashions retailer’s stock valued at $870,000 after purchasing an additional 476 shares during the last quarter. LS Investment Advisors LLC boosted its holdings in TJX Companies by 94.5% in the 3rd quarter. LS Investment Advisors LLC now owns 3,654 shares of the apparel and home fashions retailer’s stock valued at $528,000 after purchasing an additional 1,775 shares during the period. City Holding Co. grew its position in TJX Companies by 10.0% in the 3rd quarter. City Holding Co. now owns 21,763 shares of the apparel and home fashions retailer’s stock worth $3,145,000 after purchasing an additional 1,983 shares during the last quarter. Finally, Daymark Wealth Partners LLC grew its position in TJX Companies by 2.8% in the 3rd quarter. Daymark Wealth Partners LLC now owns 21,694 shares of the apparel and home fashions retailer’s stock worth $3,136,000 after purchasing an additional 581 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Price Performance

Shares of TJX stock opened at $153.80 on Tuesday. The stock’s fifty day simple moving average is $150.55 and its 200 day simple moving average is $139.89. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $157.82. The firm has a market cap of $170.79 billion, a price-to-earnings ratio of 33.95, a P/E/G ratio of 3.46 and a beta of 0.75. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43.

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

TJX Companies Announces Dividend

The company also recently declared 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. The ex-dividend date is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. TJX Companies’s payout ratio is 37.53%.

Insider Activity

In other news, CEO Ernie Herrman sold 24,363 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the completion of the sale, the chief executive officer 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Amy B. Lane sold 500 shares of TJX Companies 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 transaction, the director owned 22,212 shares of the company’s stock, valued at $3,362,896.80. This trade represents a 2.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 54,863 shares of company stock worth $8,226,366 over the last ninety days. Insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

TJX has been the subject of several research reports. Robert W. Baird set a $168.00 target price on shares of TJX Companies in a research note on Wednesday, December 17th. Morgan Stanley reaffirmed an “overweight” rating and issued a $162.00 price target (up previously from $159.00) on shares of TJX Companies in a report on Thursday, November 20th. Sanford C. Bernstein lifted their price objective on TJX Companies from $152.00 to $155.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. Finally, TD Cowen raised their target price on TJX Companies from $162.00 to $167.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Two research analysts have rated the stock with a Strong Buy rating and twenty-three have issued a Buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $161.50.

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.