Rakuten Investment Management Inc. Acquires Shares of 29,117 The TJX Companies, Inc. $TJX

Rakuten Investment Management Inc. purchased a new position in shares of The TJX Companies, Inc. (NYSE:TJX) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 29,117 shares of the apparel and home fashions retailer’s stock, valued at approximately $4,209,000.

Several other large investors have also modified their holdings of the company. Lavaca Capital LLC purchased a new stake in TJX Companies in the 2nd quarter valued at $25,000. Princeton Global Asset Management LLC acquired a new position in TJX Companies in the second quarter valued at $28,000. Highline Wealth Partners LLC raised its holdings in shares of TJX Companies by 65.0% in the third quarter. Highline Wealth Partners LLC now owns 231 shares of the apparel and home fashions retailer’s stock valued at $33,000 after buying an additional 91 shares during the last quarter. Howard Hughes Medical Institute purchased a new stake in shares of TJX Companies in the second quarter valued at about $30,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of TJX Companies during the second quarter worth about $32,000. 91.09% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at TJX Companies

In related news, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction on 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 completion of the transaction, the chief executive officer directly owned 535,143 shares of the company’s stock, valued at approximately $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 can be accessed through this link. Also, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction on Friday, November 21st. The shares were 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 in the company, 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. Over the last ninety days, insiders have sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TJX. UBS Group restated a “buy” rating and issued a $193.00 price target (up previously from $181.00) on shares of TJX Companies in a research report on Thursday, January 8th. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a report on Sunday, January 11th. The Goldman Sachs Group upped 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. Barclays set a $172.00 price objective on shares of TJX Companies and gave the company an “overweight” rating in a research report on Thursday, December 4th. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $170.00 target price on shares of TJX Companies in a research note on Thursday, December 4th. Two research analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the stock. According to data from MarketBeat.com, TJX Companies currently has a consensus rating of “Buy” and a consensus price target of $163.86.

TJX Companies Price Performance

TJX Companies stock opened at $153.32 on Friday. The company has a market cap of $170.26 billion, a P/E ratio of 33.85, a price-to-earnings-growth ratio of 3.27 and a beta of 0.75. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $159.48. The business has a fifty day moving average of $153.77 and a two-hundred day moving average of $142.55. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results 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. The business had revenue of $15.12 billion during the quarter, compared to the consensus estimate 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 was up 7.5% compared to the same quarter last year. During the same quarter last year, the firm 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, analysts predict 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 disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 12th will be paid a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, February 12th. TJX Companies’s dividend payout ratio (DPR) is presently 37.53%.

TJX Companies Company 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.