The TJX Companies, Inc. $TJX Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC decreased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 5.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 128,134 shares of the apparel and home fashions retailer’s stock after selling 7,413 shares during the quarter. Mutual of America Capital Management LLC’s holdings in TJX Companies were worth $18,520,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. First Citizens Bank & Trust Co. grew its holdings in shares of TJX Companies by 7.8% during the third quarter. First Citizens Bank & Trust Co. now owns 18,622 shares of the apparel and home fashions retailer’s stock worth $2,692,000 after purchasing an additional 1,347 shares during the last quarter. Provident Trust Co. boosted its stake in TJX Companies by 0.7% during the 3rd quarter. Provident Trust Co. now owns 2,708,575 shares of the apparel and home fashions retailer’s stock worth $391,497,000 after purchasing an additional 18,596 shares during the period. TFR Capital LLC. grew its position in TJX Companies by 2.1% during the 3rd quarter. TFR Capital LLC. now owns 16,608 shares of the apparel and home fashions retailer’s stock worth $2,401,000 after purchasing an additional 339 shares during the last quarter. BLB&B Advisors LLC grew its position in TJX Companies by 2.0% during the 3rd quarter. BLB&B Advisors LLC now owns 84,486 shares of the apparel and home fashions retailer’s stock worth $12,212,000 after purchasing an additional 1,665 shares during the last quarter. Finally, Sagespring Wealth Partners LLC increased its stake in TJX Companies by 4.3% in the third quarter. Sagespring Wealth Partners LLC now owns 54,437 shares of the apparel and home fashions retailer’s stock valued at $7,868,000 after purchasing an additional 2,222 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at TJX Companies

In other news, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.40, for a total transaction of $75,700.00. Following the completion of the transaction, the director owned 22,212 shares of the company’s stock, valued at $3,362,896.80. The trade was a 2.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer owned 535,143 shares in the company, valued at $79,634,629.83. This represents a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 54,863 shares of company stock valued at $8,226,366 over the last ninety days. 0.13% of the stock is currently owned by company insiders.

Analyst Ratings Changes

TJX has been the subject of several recent research reports. UBS Group reiterated a “buy” rating and set a $193.00 target price (up previously from $181.00) on shares of TJX Companies in a research note on Thursday, January 8th. Barclays set a $172.00 price objective on TJX Companies and gave the company an “overweight” rating in a research note on Thursday, December 4th. Wells Fargo & Company reiterated a “positive” rating and issued a $150.00 target price (up from $145.00) on shares of TJX Companies in a research note on Tuesday, December 16th. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $170.00 price target on shares of TJX Companies in a report on Tuesday, January 6th. Two analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company. According to MarketBeat, TJX Companies has a consensus rating of “Buy” and an average price target of $163.86.

TJX Companies Stock Down 0.2%

TJX opened at $153.17 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43. The TJX Companies, Inc. has a 12 month low of $112.10 and a 12 month high of $159.48. The stock has a market capitalization of $170.09 billion, a P/E ratio of 33.81, a P/E/G ratio of 3.21 and a beta of 0.75. The business has a 50 day simple moving average of $153.91 and a 200-day simple moving average of $142.99.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The business had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. During the same period in the prior year, the company posted $1.14 EPS. 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. On average, equities analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be given a dividend of $0.425 per share. 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 presently 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.