Triasima Portfolio Management inc. Sells 16,696 Shares of The TJX Companies, Inc. $TJX

Triasima Portfolio Management inc. trimmed its stake in The TJX Companies, Inc. (NYSE:TJX) by 32.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,464 shares of the apparel and home fashions retailer’s stock after selling 16,696 shares during the period. Triasima Portfolio Management inc.’s holdings in TJX Companies were worth $4,981,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank bought a new position in shares of TJX Companies during the second quarter worth about $1,808,774,000. Laurel Wealth Advisors LLC boosted its holdings in TJX Companies by 12,417.0% in the second quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock valued at $501,033,000 after acquiring an additional 4,024,859 shares during the last quarter. Corient Private Wealth LLC increased its position in TJX Companies by 120.7% during the 2nd quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock valued at $620,406,000 after purchasing an additional 2,743,676 shares during the period. ABN AMRO Bank N.V. bought a new position in TJX Companies during the 2nd quarter worth approximately $244,687,000. Finally, Mirova US LLC lifted its position in shares of TJX Companies by 164.5% in the 2nd quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock worth $333,319,000 after purchasing an additional 1,678,665 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently weighed in on TJX. UBS Group reiterated a “buy” rating and set a $193.00 price objective (up from $181.00) on shares of TJX Companies in a research report on Thursday, January 8th. Morgan Stanley reaffirmed an “overweight” rating and set a $162.00 price target (up previously from $159.00) on shares of TJX Companies in a research report on Thursday, November 20th. Telsey Advisory Group reiterated an “outperform” rating and set a $170.00 price target on shares of TJX Companies in a report on Thursday, December 4th. Guggenheim raised TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. Finally, Cowen restated a “buy” rating on shares of TJX Companies in a research report on Thursday, November 20th. Two research analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $163.86.

TJX Companies Trading Down 0.7%

NYSE:TJX opened at $156.30 on Tuesday. The TJX Companies, Inc. has a 12 month low of $112.10 and a 12 month high of $159.48. 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 has a market capitalization of $173.56 billion, a price-to-earnings ratio of 34.45, a PEG ratio of 3.30 and a beta of 0.75. The firm has a fifty day simple moving average of $153.26 and a two-hundred day simple moving average of $142.17.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The company had revenue of $15.12 billion for 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 revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. Analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

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. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, February 12th. TJX Companies’s dividend payout ratio (DPR) is 37.53%.

Insider Buying and Selling

In other news, CEO Ernie Herrman sold 24,363 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the completion of the sale, the chief executive officer owned 510,780 shares in the company, valued at $77,286,121.80. The trade was a 4.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.40, for a total value of $75,700.00. Following the transaction, the director directly owned 22,212 shares in the company, valued at $3,362,896.80. The trade was a 2.20% decrease in their ownership of the stock. 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 in the last three months. Insiders own 0.13% of the company’s stock.

About TJX Companies

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.