Global Wealth Management Investment Advisory Inc. Buys 4,441 Shares of The TJX Companies, Inc. $TJX

Global Wealth Management Investment Advisory Inc. lifted its stake in The TJX Companies, Inc. (NYSE:TJX) by 25.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,171 shares of the apparel and home fashions retailer’s stock after buying an additional 4,441 shares during the period. Global Wealth Management Investment Advisory Inc.’s holdings in TJX Companies were worth $3,205,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of TJX. Vanguard Group Inc. lifted its position in TJX Companies by 0.7% in the second quarter. Vanguard Group Inc. now owns 101,141,056 shares of the apparel and home fashions retailer’s stock valued at $12,489,909,000 after purchasing an additional 727,292 shares during the last quarter. State Street Corp increased its stake in shares of TJX Companies by 0.6% in the second quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock worth $6,001,063,000 after buying an additional 285,737 shares during the period. Geode Capital Management LLC raised its holdings in TJX Companies by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock valued at $3,205,927,000 after buying an additional 301,127 shares during the last quarter. Norges Bank purchased a new stake in TJX Companies during the 2nd quarter valued at $1,808,774,000. Finally, Invesco Ltd. boosted its position in TJX Companies by 0.9% during the 2nd quarter. Invesco Ltd. now owns 9,081,087 shares of the apparel and home fashions retailer’s stock valued at $1,121,423,000 after buying an additional 80,487 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TJX has been the subject of several recent analyst reports. The Goldman Sachs Group upped their price objective 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. Evercore ISI upped their price target on TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Sunday. TD Cowen boosted their target price on TJX Companies from $162.00 to $167.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Finally, Cowen restated a “buy” rating on shares of TJX Companies in a report on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $163.86.

Insider Transactions at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction that occurred on 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 owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. This trade represents a 2.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction that occurred 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 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is currently owned by corporate insiders.

TJX Companies Stock Up 0.6%

Shares of NYSE:TJX opened at $157.99 on Wednesday. The firm has a market capitalization of $175.44 billion, a P/E ratio of 34.88, a P/E/G ratio of 3.30 and a beta of 0.75. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09. The stock has a 50 day moving average price of $152.32 and a 200-day moving average price of $141.28. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $159.48.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results 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. The company had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the prior year, the firm earned $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. As a group, equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 12th will be paid a $0.425 dividend. 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 dividend payout ratio (DPR) is presently 37.53%.

TJX Companies Company 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.