Resona Asset Management Co. Ltd. Sells 18,180 Shares of The TJX Companies, Inc. $TJX

Resona Asset Management Co. Ltd. decreased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.4% during the third quarter, according to its most recent filing with the SEC. The firm owned 395,851 shares of the apparel and home fashions retailer’s stock after selling 18,180 shares during the period. Resona Asset Management Co. Ltd.’s holdings in TJX Companies were worth $57,155,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Valley National Advisers Inc. boosted its position in shares of TJX Companies by 2.3% during the third quarter. Valley National Advisers Inc. now owns 3,271 shares of the apparel and home fashions retailer’s stock valued at $472,000 after purchasing an additional 73 shares in the last quarter. Webster Bank N. A. lifted its position in TJX Companies by 1.6% during the third quarter. Webster Bank N. A. now owns 4,574 shares of the apparel and home fashions retailer’s stock valued at $661,000 after buying an additional 73 shares during the period. Ignite Planners LLC lifted its position in TJX Companies by 3.8% during the second quarter. Ignite Planners LLC now owns 2,130 shares of the apparel and home fashions retailer’s stock valued at $260,000 after buying an additional 77 shares during the period. Banco de Sabadell S.A boosted its holdings in shares of TJX Companies by 0.4% during the 2nd quarter. Banco de Sabadell S.A now owns 20,951 shares of the apparel and home fashions retailer’s stock valued at $2,587,000 after buying an additional 77 shares in the last quarter. Finally, Carr Financial Group Corp grew its position in shares of TJX Companies by 2.5% in the 3rd quarter. Carr Financial Group Corp now owns 3,180 shares of the apparel and home fashions retailer’s stock worth $460,000 after buying an additional 77 shares during the period. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Down 0.2%

NYSE:TJX opened at $153.17 on Friday. 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 firm has a market cap of $170.09 billion, a P/E ratio of 33.81, a P/E/G ratio of 3.22 and a beta of 0.75. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $159.48. The firm has a 50-day simple moving average of $153.91 and a two-hundred day simple moving average of $142.75.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.06. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The firm had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. During the same quarter in the prior year, the firm posted $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. Analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, February 12th. TJX Companies’s dividend payout ratio (DPR) is currently 37.53%.

Analysts Set New Price Targets

Several brokerages recently issued reports on TJX. Barclays set a $172.00 price target on shares of TJX Companies and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday. Sanford C. Bernstein reiterated an “outperform” rating and set a $170.00 target price on shares of TJX Companies in a report on Tuesday, January 6th. Evercore ISI boosted their price target on TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $170.00 price target on shares of TJX Companies in a research report 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 company. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $163.86.

Insiders Place Their Bets

In other news, CEO Ernie Herrman sold 24,363 shares of the company’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the transaction, the chief executive officer directly owned 510,780 shares of the company’s stock, valued at $77,286,121.80. This represents a 4.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Amy B. Lane sold 500 shares of the 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 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 54,863 shares of company stock valued at $8,226,366. Corporate insiders own 0.13% of the company’s stock.

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.