Whittier Trust Co. Has $79.14 Million Stock Position in The TJX Companies, Inc. $TJX

Whittier Trust Co. lowered its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 559,987 shares of the apparel and home fashions retailer’s stock after selling 9,003 shares during the period. TJX Companies accounts for 0.9% of Whittier Trust Co.’s holdings, making the stock its 19th biggest position. Whittier Trust Co.’s holdings in TJX Companies were worth $79,143,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in TJX. Lavaca Capital LLC acquired a new stake in TJX Companies in the second quarter valued at $25,000. Princeton Global Asset Management LLC bought a new stake in shares of TJX Companies in the 2nd quarter valued at about $28,000. Howard Hughes Medical Institute acquired a new stake in TJX Companies in the 2nd quarter valued at about $30,000. Legacy Investment Solutions LLC bought a new position in TJX Companies during the second quarter worth about $32,000. Finally, Capital A Wealth Management LLC grew its holdings in 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 worth $32,000 after purchasing an additional 233 shares during the period. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on TJX shares. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Sunday, January 11th. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday. Guggenheim raised shares of TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. UBS Group reissued a “buy” rating and issued a $193.00 price objective (up from $181.00) on shares of TJX Companies in a research report on Thursday, January 8th. Finally, BTIG Research reaffirmed a “buy” rating and set a $165.00 target price 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-two have issued a Buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $163.86.

Insiders Place Their Bets

In other news, CEO Ernie Herrman sold 24,363 shares of the stock in a transaction 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 sale, the chief executive officer directly owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. This represents a 4.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction 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 completion of the transaction, the director owned 22,212 shares in the company, valued at $3,362,896.80. The trade was a 2.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 54,863 shares of company stock valued at $8,226,366. Corporate insiders own 0.13% of the company’s stock.

TJX Companies Price Performance

Shares of TJX Companies stock opened at $153.17 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 stock has a market capitalization of $170.09 billion, a price-to-earnings ratio of 33.81, a price-to-earnings-growth ratio of 3.21 and a beta of 0.75. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $159.48. The company has a 50-day simple moving average of $153.91 and a two-hundred day simple moving average of $142.87.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $14.80 billion. During the same period last year, the firm earned $1.14 earnings per share. The business’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. Analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The business 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 $0.425 dividend. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $1.70 annualized dividend and a yield of 1.1%. TJX Companies’s payout ratio is currently 37.53%.

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.