Vanguard Group Inc. Purchases 820,730 Shares of The TJX Companies, Inc. $TJX

Vanguard Group Inc. lifted its position in The TJX Companies, Inc. (NYSE:TJX) by 0.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 101,961,786 shares of the apparel and home fashions retailer’s stock after buying an additional 820,730 shares during the period. Vanguard Group Inc. owned approximately 0.09% of TJX Companies worth $14,737,557,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Lavaca Capital LLC purchased a new position in TJX Companies in the second quarter worth $25,000. Princeton Global Asset Management LLC acquired a new stake in shares of TJX Companies in the 2nd quarter worth $28,000. Howard Hughes Medical Institute purchased a new position in TJX Companies during the 2nd quarter worth $30,000. Legacy Investment Solutions LLC purchased a new stake in TJX Companies in the second quarter valued at about $32,000. Finally, Capital A Wealth Management LLC boosted its holdings in TJX Companies by 776.7% in the second quarter. Capital A Wealth Management LLC now owns 263 shares of the apparel and home fashions retailer’s stock worth $32,000 after acquiring an additional 233 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

Insiders Place Their Bets

In other TJX Companies news, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction dated 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 transaction, the director owned 22,212 shares in the company, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Ernie Herrman sold 24,363 shares of TJX Companies stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $151.31, for a total value of $3,686,365.53. Following the completion of the transaction, the chief executive officer owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. This represents a 4.55% 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 three months. 0.13% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Evercore boosted their target price on shares of TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Wells Fargo & Company reissued a “positive” rating and issued a $150.00 target price (up from $145.00) on shares of TJX Companies in a research report on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft set a $184.00 target price on TJX Companies in a research note on Thursday, January 8th. Citigroup reiterated a “buy” rating and set a $168.00 price target (up previously from $160.00) on shares of TJX Companies in a research note on Thursday, November 20th. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $170.00 price objective on shares of TJX Companies in a report on Tuesday, January 6th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $163.86.

TJX Companies Price Performance

Shares of TJX opened at $154.49 on Monday. The business’s 50-day moving average is $154.45 and its two-hundred day moving average is $145.90. The company has a market capitalization of $171.56 billion, a P/E ratio of 34.10, a P/E/G ratio of 2.95 and a beta of 0.74. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $159.48. 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 issued 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 firm had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The company’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. Research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The company also recently announced 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 dividend yield of 1.1%. The ex-dividend date is Thursday, February 12th. TJX Companies’s payout ratio is currently 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.