Jackson Thornton Wealth Management LLC Buys New Position in The TJX Companies, Inc. $TJX

Jackson Thornton Wealth Management LLC acquired a new position in shares of The TJX Companies, Inc. (NYSE:TJX) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,382 shares of the apparel and home fashions retailer’s stock, valued at approximately $476,000.

Other large investors also recently modified their holdings of the company. Lavaca Capital LLC purchased a new stake in TJX Companies in the 2nd quarter valued at $25,000. Princeton Global Asset Management LLC purchased a new position in TJX Companies during the 2nd quarter worth $28,000. Howard Hughes Medical Institute bought a new stake in shares of TJX Companies in the 2nd quarter worth $30,000. Legacy Investment Solutions LLC bought a new stake in shares of TJX Companies in the 2nd quarter worth $32,000. Finally, Capital A Wealth Management LLC lifted its position in shares of TJX Companies by 776.7% during the second quarter. Capital A Wealth Management LLC now owns 263 shares of the apparel and home fashions retailer’s stock valued at $32,000 after purchasing an additional 233 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

TJX has been the subject of a number of 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 stock a “buy” rating in a research report on Thursday, November 20th. Barclays set a $172.00 target price on TJX Companies and gave the company an “overweight” rating in a report on Thursday, December 4th. Deutsche Bank Aktiengesellschaft set a $184.00 price target on TJX Companies in a report on Thursday, January 8th. Jefferies Financial Group reissued a “buy” rating and issued a $170.00 price objective on shares of TJX Companies in a research report on Tuesday, November 11th. Finally, Guggenheim raised TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $163.86.

Insiders Place Their Bets

In related news, Director Amy B. Lane sold 500 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $151.40, for a total transaction of $75,700.00. Following the sale, the director owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $148.81, for a total value of $4,464,300.00. Following the transaction, the chief executive officer directly owned 535,143 shares of the company’s stock, valued at $79,634,629.83. The trade was a 5.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 54,863 shares of company stock valued at $8,226,366 over the last ninety days. Corporate insiders own 0.13% of the company’s stock.

TJX Companies Trading Down 0.2%

Shares of TJX Companies stock opened at $155.83 on Tuesday. The stock has a market capitalization of $173.05 billion, a P/E ratio of 34.40, a P/E/G ratio of 3.30 and a beta of 0.75. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $159.48. 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’s 50-day simple moving average is $153.26 and its 200 day simple moving average is $142.17.

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 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 the consensus estimate of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The company’s revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the company 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, research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be given a dividend of $0.425 per share. The ex-dividend date is Thursday, February 12th. This represents a $1.70 annualized dividend and a dividend yield of 1.1%. TJX Companies’s dividend payout ratio is currently 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.