The TJX Companies, Inc. $TJX Shares Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC grew its position in The TJX Companies, Inc. (NYSE:TJX) by 42.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 29,433 shares of the apparel and home fashions retailer’s stock after purchasing an additional 8,809 shares during the period. Farther Finance Advisors LLC’s holdings in TJX Companies were worth $4,254,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in TJX. Parcion Private Wealth LLC raised its position in TJX Companies by 1.0% in the third quarter. Parcion Private Wealth LLC now owns 55,603 shares of the apparel and home fashions retailer’s stock valued at $8,037,000 after purchasing an additional 570 shares during the period. Berger Financial Group Inc increased its position in shares of TJX Companies by 0.3% during the 3rd quarter. Berger Financial Group Inc now owns 48,442 shares of the apparel and home fashions retailer’s stock worth $7,002,000 after purchasing an additional 161 shares during the last quarter. HBK Sorce Advisory LLC raised its holdings in TJX Companies by 38.6% in the 3rd quarter. HBK Sorce Advisory LLC now owns 17,853 shares of the apparel and home fashions retailer’s stock valued at $2,512,000 after buying an additional 4,972 shares during the period. Jamison Private Wealth Management Inc. raised its holdings in TJX Companies by 7.0% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 21,141 shares of the apparel and home fashions retailer’s stock valued at $3,056,000 after buying an additional 1,375 shares during the period. Finally, Exchange Traded Concepts LLC lifted its position in TJX Companies by 51.9% in the third quarter. Exchange Traded Concepts LLC now owns 75,891 shares of the apparel and home fashions retailer’s stock valued at $10,969,000 after buying an additional 25,938 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Insider Transactions at TJX Companies

In other news, CEO Ernie Herrman sold 24,363 shares of TJX Companies stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 510,780 shares in the company, valued at approximately $77,286,121.80. This trade represents a 4.55% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $151.40, for a total value of $75,700.00. Following the transaction, the director directly owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 54,863 shares of company stock worth $8,226,366 in the last ninety days. 0.13% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

TJX has been the subject of a number of recent analyst reports. Jefferies Financial Group reiterated a “buy” rating and set a $170.00 price target on shares of TJX Companies in a research report on Tuesday, November 11th. Guggenheim raised shares of TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. JPMorgan Chase & Co. boosted their target price on TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a research report on Thursday, November 20th. Evercore ISI upped their price target on TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Finally, Citigroup restated a “buy” rating and set a $168.00 price target (up from $160.00) on shares of TJX Companies in a research report on Thursday, November 20th. Two 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, TJX Companies currently has an average rating of “Buy” and a consensus target price of $161.50.

TJX Companies Price Performance

Shares of TJX opened at $156.27 on Thursday. The company has a market cap of $173.53 billion, a P/E ratio of 34.50, a PEG ratio of 3.50 and a beta of 0.76. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $157.82. 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 firm’s 50 day moving average price is $148.62 and its 200 day moving average price is $138.05.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping the consensus estimate 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 company’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. On average, research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The business 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 of this dividend is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. TJX Companies’s dividend payout ratio (DPR) is currently 37.53%.

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.