Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Sells 39,895 Shares of The TJX Companies, Inc. $TJX

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA decreased its stake in The TJX Companies, Inc. (NYSE:TJX) by 1.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,221,686 shares of the apparel and home fashions retailer’s stock after selling 39,895 shares during the period. TJX Companies comprises about 2.8% of Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings, making the stock its 11th largest holding. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in TJX Companies were worth $316,368,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Lavaca Capital LLC bought a new position in shares of TJX Companies in the 2nd quarter valued at $25,000. Princeton Global Asset Management LLC bought a new position in TJX Companies in the second quarter valued at about $28,000. Highline Wealth Partners LLC boosted its stake in shares of TJX Companies by 65.0% during the third quarter. Highline Wealth Partners LLC now owns 231 shares of the apparel and home fashions retailer’s stock valued at $33,000 after purchasing an additional 91 shares in the last quarter. Howard Hughes Medical Institute acquired a new stake in TJX Companies during the 2nd quarter worth approximately $30,000. Finally, Legacy Investment Solutions LLC bought a new stake in TJX Companies during the 2nd quarter worth approximately $32,000. Institutional investors own 91.09% of the company’s stock.

Insider Activity

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 value of $75,700.00. Following the completion of the sale, the director directly owned 22,212 shares in the company, valued at $3,362,896.80. This trade represents a 2.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction on Thursday, November 20th. The stock was 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 approximately $79,634,629.83. This represents a 5.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 54,863 shares of company stock worth $8,226,366 in the last ninety days. 0.13% of the stock is currently owned by insiders.

TJX Companies Price Performance

TJX opened at $157.88 on Monday. The stock has a market capitalization of $175.32 billion, a P/E ratio of 34.85, 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 quick ratio of 0.43 and a current ratio of 1.09. The company’s 50-day simple moving average is $151.67 and its two-hundred day simple moving average is $140.79. 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 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The business had revenue of $15.12 billion during 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 business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $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, analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current 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. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. TJX Companies’s dividend payout ratio is currently 37.53%.

Wall Street Analyst Weigh In

TJX has been the subject of a number of analyst reports. JPMorgan Chase & Co. raised their price objective on TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. BTIG Research reissued a “buy” rating and issued a $165.00 price objective on shares of TJX Companies in a research note on Thursday, November 20th. Sanford C. Bernstein restated an “outperform” rating and issued a $170.00 target price on shares of TJX Companies in a report on Tuesday, January 6th. Cowen reissued a “buy” rating on shares of TJX Companies in a research report on Thursday, November 20th. Finally, Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a research note on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the stock. According to MarketBeat, TJX Companies has a consensus rating of “Buy” and a consensus target price of $163.86.

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.