Biltmore Family Office LLC Purchases 15,494 Shares of The TJX Companies, Inc. $TJX

Biltmore Family Office LLC boosted its position in The TJX Companies, Inc. (NYSE:TJX) by 711.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,673 shares of the apparel and home fashions retailer’s stock after buying an additional 15,494 shares during the period. Biltmore Family Office LLC’s holdings in TJX Companies were worth $2,554,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. First American Bank raised its holdings in shares of TJX Companies by 4.5% during the second quarter. First American Bank now owns 138,840 shares of the apparel and home fashions retailer’s stock valued at $17,145,000 after purchasing an additional 5,921 shares during the period. Bank of Nova Scotia increased its position in TJX Companies by 129.9% in the 2nd 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 buying an additional 152,453 shares in the last quarter. MinichMacGregor Wealth Management LLC bought a new stake in TJX Companies in the 2nd quarter valued at about $5,045,000. Empowered Funds LLC raised its stake in TJX Companies by 66.6% during the 2nd 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 during the period. Finally, Rheos Capital Works Inc. boosted its holdings in TJX Companies by 26.0% in the third quarter. Rheos Capital Works Inc. now owns 370,000 shares of the apparel and home fashions retailer’s stock worth $53,480,000 after acquiring an additional 76,400 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

Insider Activity at TJX Companies

In other TJX Companies news, 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. This trade represents a 5.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Amy B. Lane sold 500 shares of the company’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 value 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 54,863 shares of company stock worth $8,226,366. Insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on TJX. TD Cowen restated a “buy” rating on shares of TJX Companies in a report on Thursday, November 20th. Evercore ISI lifted their price target on shares of TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. Wells Fargo & Company restated a “positive” rating and set a $150.00 price target (up previously from $145.00) on shares of TJX Companies in a research note on Tuesday, December 16th. JPMorgan Chase & Co. raised their price objective on shares of TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. Finally, Citigroup reiterated 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. Two research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $163.86.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $153.17 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.43 and a debt-to-equity ratio of 0.20. The stock’s fifty day simple moving average is $153.91 and its two-hundred day simple moving average is $142.87. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $159.48. The stock has a market cap of $170.09 billion, a PE ratio of 33.81, a price-to-earnings-growth ratio of 3.21 and a beta of 0.75.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.06. The firm had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The business’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.14 EPS. 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, analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be paid a $0.425 dividend. The ex-dividend date is Thursday, February 12th. This represents a $1.70 annualized dividend and a yield of 1.1%. TJX Companies’s dividend payout ratio (DPR) is 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.