The TJX Companies, Inc. $TJX Shares Sold by CMH Wealth Management LLC

CMH Wealth Management LLC cut its stake in The TJX Companies, Inc. (NYSE:TJX) by 12.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 68,717 shares of the apparel and home fashions retailer’s stock after selling 9,331 shares during the quarter. TJX Companies accounts for about 2.1% of CMH Wealth Management LLC’s portfolio, making the stock its 18th largest position. CMH Wealth Management LLC’s holdings in TJX Companies were worth $9,932,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Lavaca Capital LLC acquired a new position in TJX Companies during the 2nd quarter worth approximately $25,000. Princeton Global Asset Management LLC acquired a new stake in TJX Companies in the second quarter valued at approximately $28,000. Howard Hughes Medical Institute purchased a new stake in shares of TJX Companies during the second quarter valued at approximately $30,000. Legacy Investment Solutions LLC purchased a new stake in shares of TJX Companies during the second quarter valued at approximately $32,000. Finally, Capital A Wealth Management LLC lifted its position in shares of TJX Companies by 776.7% during 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 purchasing an additional 233 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on TJX. Jefferies Financial Group reaffirmed a “buy” rating and set a $170.00 price target on shares of TJX Companies in a research note on Tuesday, November 11th. Cowen reissued a “buy” rating on shares of TJX Companies in a research report on Thursday, November 20th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $170.00 target price on shares of TJX Companies in a research report on Thursday, December 4th. Robert W. Baird set a $168.00 price target on TJX Companies in a research note on Wednesday, December 17th. Finally, Evercore ISI increased their price target on TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-three have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $161.50.

Insider Activity at TJX Companies

In related news, CEO Ernie Herrman sold 24,363 shares of the firm’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 in the company, valued at $77,286,121.80. This trade 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 this hyperlink. Also, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.40, for a total transaction 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 54,863 shares of company stock worth $8,226,366. Corporate insiders own 0.13% of the company’s stock.

TJX Companies Price Performance

TJX opened at $153.63 on Friday. The company has a 50-day moving average of $150.09 and a 200-day moving average of $139.23. The company has a market capitalization of $170.60 billion, a P/E ratio of 33.91, a PEG ratio of 3.45 and a beta of 0.75. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $157.82. 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 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 for the quarter, compared to analysts’ expectations 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 last year, the company 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. Equities analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be issued a $0.425 dividend. 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 payout ratio is 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.