Simon Quick Advisors LLC Sells 10,847 Shares of The TJX Companies, Inc. $TJX

Simon Quick Advisors LLC decreased its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 88.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,398 shares of the apparel and home fashions retailer’s stock after selling 10,847 shares during the period. Simon Quick Advisors LLC’s holdings in TJX Companies were worth $202,000 at the end of the most recent quarter.

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

TJX Companies Trading Up 0.4%

Shares of TJX Companies stock opened at $154.30 on Monday. The firm has a market cap of $171.34 billion, a PE ratio of 34.06, a P/E/G ratio of 3.46 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 current ratio of 1.09 and a quick ratio of 0.43. The stock has a fifty day moving average price of $150.33 and a 200-day moving average price of $139.67.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, beating 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 company had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. During the same quarter in the prior year, the business earned $1.14 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Investors 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 of this dividend is Thursday, February 12th. TJX Companies’s payout ratio is 37.53%.

Wall Street Analysts Forecast Growth

TJX has been the subject of several recent research reports. Evercore ISI boosted their price objective on TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. The Goldman Sachs Group boosted their price target on shares of TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Wall Street Zen downgraded shares of TJX Companies from a “buy” rating to a “hold” rating in a report on Saturday. TD Cowen boosted their target price on shares of TJX Companies from $162.00 to $167.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Finally, Bank of America raised 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. Two research analysts have rated the stock with a Strong Buy rating and twenty-three have assigned a Buy rating to the company’s stock. According to MarketBeat.com, TJX Companies currently has a consensus rating of “Buy” and a consensus target price of $161.50.

Insider Activity at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction on Friday, November 21st. The stock was 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. The trade was a 2.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $148.81, for a total value of $4,464,300.00. Following the transaction, the chief executive officer owned 535,143 shares of the company’s stock, valued at $79,634,629.83. The trade was a 5.31% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 54,863 shares of company stock worth $8,226,366. 0.13% of the stock is owned by company 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.