QRG Capital Management Inc. Has $36.27 Million Position in The TJX Companies, Inc. $TJX

QRG Capital Management Inc. lessened its holdings in The TJX Companies, Inc. (NYSE:TJX) by 43.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 250,939 shares of the apparel and home fashions retailer’s stock after selling 190,785 shares during the quarter. QRG Capital Management Inc.’s holdings in TJX Companies were worth $36,271,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. MinichMacGregor Wealth Management LLC raised its stake in shares of TJX Companies by 3.5% during the third quarter. MinichMacGregor Wealth Management LLC now owns 42,299 shares of the apparel and home fashions retailer’s stock valued at $6,112,000 after acquiring an additional 1,447 shares during the last quarter. Evergreen Capital Management LLC increased its holdings in TJX Companies by 11.0% in the third quarter. Evergreen Capital Management LLC now owns 17,649 shares of the apparel and home fashions retailer’s stock valued at $2,551,000 after purchasing an additional 1,749 shares during the period. NBT Bank N A NY increased its holdings in TJX Companies by 1.0% in the third quarter. NBT Bank N A NY now owns 67,726 shares of the apparel and home fashions retailer’s stock valued at $9,789,000 after purchasing an additional 694 shares during the period. Insight Inv LLC raised its position in TJX Companies by 5.0% during the 3rd quarter. Insight Inv LLC now owns 20,753 shares of the apparel and home fashions retailer’s stock worth $3,000,000 after purchasing an additional 988 shares during the last quarter. Finally, Figure 8 Investment Strategies LLC lifted its holdings in TJX Companies by 0.7% during the 3rd quarter. Figure 8 Investment Strategies LLC now owns 29,585 shares of the apparel and home fashions retailer’s stock worth $4,276,000 after buying an additional 215 shares during the period. 91.09% of the stock is owned by institutional investors.

TJX Companies Stock Performance

NYSE:TJX opened at $157.50 on Friday. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $159.48. The company has a fifty day moving average of $153.05 and a 200-day moving average of $141.72. The firm has a market capitalization of $174.90 billion, a P/E ratio of 34.77, a P/E/G ratio of 3.28 and a beta of 0.75.

TJX Companies (NYSE:TJX) last posted 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 net margin of 8.68% and a return on equity of 58.30%. The business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period last year, the company 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, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 12th will be issued 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 is Thursday, February 12th. TJX Companies’s dividend payout ratio (DPR) is currently 37.53%.

Analyst Ratings Changes

Several brokerages have recently weighed in on TJX. Barclays set a $172.00 price target on TJX Companies and gave the company an “overweight” rating in a research note on Thursday, December 4th. Evercore ISI raised their price target on shares of TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Wells Fargo & Company restated a “positive” rating and issued a $150.00 price target (up previously from $145.00) on shares of TJX Companies in a research report on Tuesday, December 16th. The Goldman Sachs Group increased their price objective on shares of TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Finally, Cowen restated a “buy” rating 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-four have given a Buy rating to the stock. According to data from MarketBeat, TJX Companies currently has an average rating of “Buy” and an average price target of $163.86.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction 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 in the company, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Ernie Herrman sold 24,363 shares of the firm’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the completion of the transaction, the chief executive officer directly owned 510,780 shares in the company, valued at $77,286,121.80. This trade represents a 4.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is currently owned by 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.