The TJX Companies, Inc. $TJX Shares Purchased by AlphaQuest LLC

AlphaQuest LLC raised its holdings in The TJX Companies, Inc. (NYSE:TJX) by 137.5% in the 3rd quarter, HoldingsChannel reports. The fund owned 30,833 shares of the apparel and home fashions retailer’s stock after acquiring an additional 17,850 shares during the period. TJX Companies makes up 0.3% of AlphaQuest LLC’s investment portfolio, making the stock its 24th largest position. AlphaQuest LLC’s holdings in TJX Companies were worth $4,457,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in TJX. Town & Country Bank & Trust CO dba First Bankers Trust CO grew its holdings in TJX Companies by 0.9% in the 3rd quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 26,406 shares of the apparel and home fashions retailer’s stock valued at $3,817,000 after buying an additional 224 shares during the period. Trifecta Capital Advisors LLC boosted its position in shares of TJX Companies by 0.7% in the third quarter. Trifecta Capital Advisors LLC now owns 46,448 shares of the apparel and home fashions retailer’s stock worth $6,714,000 after acquiring an additional 333 shares during the last quarter. Cypress Capital Group grew its holdings in TJX Companies by 0.6% in the third quarter. Cypress Capital Group now owns 95,776 shares of the apparel and home fashions retailer’s stock valued at $13,843,000 after purchasing an additional 589 shares during the period. Alpha Cubed Investments LLC increased its position in TJX Companies by 7.2% during the third quarter. Alpha Cubed Investments LLC now owns 2,340 shares of the apparel and home fashions retailer’s stock worth $338,000 after purchasing an additional 157 shares during the last quarter. Finally, Valley Wealth Managers Inc. raised its stake in TJX Companies by 14.3% during the third quarter. Valley Wealth Managers Inc. now owns 5,102 shares of the apparel and home fashions retailer’s stock worth $737,000 after purchasing an additional 637 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

TJX has been the subject of several research reports. Evercore ISI boosted their price objective on shares of TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a research note on Thursday, November 20th. Telsey Advisory Group reissued an “outperform” rating and issued a $170.00 price objective on shares of TJX Companies in a research report on Thursday, December 4th. Citigroup restated a “buy” rating and set a $168.00 target price (up previously from $160.00) on shares of TJX Companies in a report on Thursday, November 20th. TD Cowen reiterated a “buy” rating on shares of TJX Companies in a report on Thursday, November 20th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $162.00 price objective (up from $159.00) on shares of TJX Companies in a research report on Thursday, November 20th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $163.86.

TJX Companies Stock Performance

TJX Companies stock opened at $147.38 on Friday. The TJX Companies, Inc. has a 12-month low of $112.10 and a 12-month high of $159.48. 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 company has a market capitalization of $163.67 billion, a price-to-earnings ratio of 32.54, a price-to-earnings-growth ratio of 3.10 and a beta of 0.75. The firm’s fifty day moving average price is $154.07 and its 200 day moving average price is $143.40.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, beating 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 company had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same period in the prior year, the company posted $1.14 EPS. 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. On average, research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be issued a dividend of $0.425 per share. The ex-dividend date is Thursday, February 12th. This represents a $1.70 annualized dividend and a yield of 1.2%. TJX Companies’s payout ratio is currently 37.53%.

Insider Buying and Selling

In other 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 sale, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Ernie Herrman sold 30,000 shares of the company’s 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 sale, the chief executive officer directly owned 535,143 shares in the company, valued at $79,634,629.83. This represents a 5.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 54,863 shares of company stock worth $8,226,366. 0.13% of the stock is currently owned by corporate insiders.

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.