Geneos Wealth Management Inc. Has $145,000 Stake in The TJX Companies, Inc. $TJX

Geneos Wealth Management Inc. reduced its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 88.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,005 shares of the apparel and home fashions retailer’s stock after selling 7,570 shares during the period. Geneos Wealth Management Inc.’s holdings in TJX Companies were worth $145,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in TJX. First American Bank boosted its stake in TJX Companies by 4.5% in the 2nd quarter. First American Bank now owns 138,840 shares of the apparel and home fashions retailer’s stock worth $17,145,000 after purchasing an additional 5,921 shares during the period. Bank of Nova Scotia lifted its holdings in shares of TJX Companies by 129.9% in the second quarter. Bank of Nova Scotia now owns 269,813 shares of the apparel and home fashions retailer’s stock valued at $33,319,000 after purchasing an additional 152,453 shares in the last quarter. MinichMacGregor Wealth Management LLC acquired a new position in shares of TJX Companies during the second quarter worth about $5,045,000. Empowered Funds LLC grew its holdings in shares of TJX Companies by 66.6% during the second quarter. Empowered Funds LLC now owns 76,998 shares of the apparel and home fashions retailer’s stock worth $9,508,000 after buying an additional 30,779 shares in the last quarter. Finally, Hendley & Co. Inc. raised its position in TJX Companies by 75.0% in the 2nd quarter. Hendley & Co. Inc. now owns 8,305 shares of the apparel and home fashions retailer’s stock valued at $1,026,000 after buying an additional 3,560 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Insider Activity at TJX Companies

In related news, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction that occurred 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 transaction, the director directly owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $148.81, for a total value of $4,464,300.00. Following the completion of the sale, the chief executive officer owned 535,143 shares in the company, valued at approximately $79,634,629.83. This trade represents a 5.31% decrease in their position. 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.

Analysts Set New Price Targets

TJX has been the subject of a number of recent research reports. Robert W. Baird set a $168.00 price target on TJX Companies in a research report on Wednesday, December 17th. The Goldman Sachs Group increased their target price on shares of TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Citigroup reiterated a “buy” rating and issued a $168.00 price target (up from $160.00) on shares of TJX Companies in a research note on Thursday, November 20th. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. Finally, Evercore ISI raised 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. Two analysts have rated the stock with a Strong Buy rating and twenty-four have given a Buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $163.86.

TJX Companies Stock Performance

Shares of TJX stock opened at $157.02 on Tuesday. The company has a fifty day moving average price of $152.00 and a two-hundred day moving average price of $141.04. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $159.48. The stock has a market cap of $174.36 billion, a P/E ratio of 34.66, a P/E/G ratio of 3.54 and a beta of 0.75. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $14.80 billion. During the same period in the previous 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. As a group, equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be given 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 dividend payout ratio (DPR) is presently 37.53%.

About TJX Companies

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.