Marathon Asset Management Ltd Has $18.13 Million Holdings in The TJX Companies, Inc. $TJX

Marathon Asset Management Ltd lessened its holdings in The TJX Companies, Inc. (NYSE:TJX) by 27.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 125,404 shares of the apparel and home fashions retailer’s stock after selling 46,606 shares during the quarter. Marathon Asset Management Ltd’s holdings in TJX Companies were worth $18,126,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Norges Bank bought a new position in TJX Companies in the second quarter valued at approximately $1,808,774,000. Laurel Wealth Advisors LLC raised its position in shares of TJX Companies by 12,417.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock valued at $501,033,000 after acquiring an additional 4,024,859 shares during the last quarter. Corient Private Wealth LLC lifted its stake in shares of TJX Companies by 120.7% in the 2nd quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock valued at $620,406,000 after purchasing an additional 2,743,676 shares during the period. ABN AMRO Bank N.V. bought a new position in shares of TJX Companies in the 2nd quarter worth $244,687,000. Finally, Mirova US LLC boosted its position in shares of TJX Companies by 164.5% in the 2nd quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock worth $333,319,000 after purchasing an additional 1,678,665 shares during the last quarter. 91.09% of the stock is owned by institutional investors.

Analysts Set New Price Targets

TJX has been the subject of a number of recent analyst reports. Guggenheim upgraded TJX Companies to a “strong-buy” rating in a report on Wednesday, December 10th. Telsey Advisory Group restated an “outperform” rating and set a $170.00 target price on shares of TJX Companies in a research report on Thursday, December 4th. Bank of America increased their price target on shares of TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Sanford C. Bernstein lifted their price objective on shares of TJX Companies from $152.00 to $155.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Finally, Barclays set a $172.00 price objective on shares of TJX Companies and gave the company an “overweight” rating in a report on Thursday, December 4th. Two research analysts have rated the stock with a Strong Buy rating and twenty-three have assigned a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $161.50.

TJX Companies Trading Down 0.1%

NYSE:TJX opened at $157.14 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43. The business’s 50-day simple moving average is $149.16 and its 200-day simple moving average is $138.57. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $157.82. The stock has a market capitalization of $174.50 billion, a PE ratio of 34.69, a price-to-earnings-growth ratio of 3.53 and a beta of 0.76.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, topping 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 business had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same period in the prior year, the business earned $1.14 EPS. TJX Companies’s revenue for the quarter was up 7.5% compared to the same quarter last year. 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. Sell-side analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

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

Insider Buying and Selling at TJX Companies

In related news, 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 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Ernie Herrman sold 24,363 shares of the 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 transaction, 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 position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 54,863 shares of company stock worth $8,226,366 over the last ninety days. 0.13% of the stock is currently owned by insiders.

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.