WestEnd Advisors LLC Has $43.67 Million Stake in The TJX Companies, Inc. $TJX

WestEnd Advisors LLC reduced its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 302,096 shares of the apparel and home fashions retailer’s stock after selling 5,299 shares during the quarter. TJX Companies comprises about 1.0% of WestEnd Advisors LLC’s investment portfolio, making the stock its 27th largest position. WestEnd Advisors LLC’s holdings in TJX Companies were worth $43,665,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Lavaca Capital LLC bought a new position in shares of TJX Companies during the second quarter worth $25,000. Princeton Global Asset Management LLC acquired a new stake in TJX Companies during the 2nd quarter worth $28,000. Howard Hughes Medical Institute bought a new position in TJX Companies during the second quarter worth about $30,000. Legacy Investment Solutions LLC bought a new position in TJX Companies during the second quarter worth about $32,000. Finally, Capital A Wealth Management LLC grew its stake 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 valued at $32,000 after acquiring an additional 233 shares during the period. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the completion of the transaction, the chief executive officer directly owned 535,143 shares of the company’s stock, valued at $79,634,629.83. The trade was a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Amy B. Lane sold 500 shares of the stock in a transaction dated Friday, November 21st. The shares were 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 in the company, valued at $3,362,896.80. The trade was a 2.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 54,863 shares of company stock valued at $8,226,366 over the last quarter. 0.13% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts have commented on the stock. Telsey Advisory Group restated an “outperform” rating and set a $170.00 target price on shares of TJX Companies in a report on Thursday, December 4th. Citigroup restated a “buy” rating and set a $168.00 price objective (up from $160.00) on shares of TJX Companies in a report on Thursday, November 20th. Robert W. Baird set a $168.00 target price on shares of TJX Companies in a research note on Wednesday, December 17th. Sanford C. Bernstein increased their target price on TJX Companies from $152.00 to $155.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $162.00 price target (up previously from $159.00) on shares of TJX Companies in a research note on Thursday, November 20th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-three have given a Buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $161.50.

TJX Companies Trading Up 0.4%

Shares of TJX Companies stock opened at $154.30 on Monday. The stock has a market cap of $171.34 billion, a P/E ratio of 34.06, a P/E/G ratio of 3.46 and a beta of 0.75. 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 TJX Companies, Inc. has a 12-month low of $112.10 and a 12-month high of $157.82. The business’s 50 day moving average is $150.33 and its 200-day moving average is $139.67.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The business had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. During the same period in the previous year, the company 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 predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be paid a dividend of $0.425 per share. 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 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.