IQ EQ FUND MANAGEMENT IRELAND Ltd Has $1.32 Million Holdings in The TJX Companies, Inc. $TJX

IQ EQ FUND MANAGEMENT IRELAND Ltd decreased its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 61.7% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 9,150 shares of the apparel and home fashions retailer’s stock after selling 14,746 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in TJX Companies were worth $1,323,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in TJX. High Note Wealth LLC raised its position in shares of TJX Companies by 12.1% in the third quarter. High Note Wealth LLC now owns 667 shares of the apparel and home fashions retailer’s stock valued at $96,000 after purchasing an additional 72 shares during the period. Valley National Advisers Inc. lifted its position in TJX Companies by 2.3% during the 3rd quarter. Valley National Advisers Inc. now owns 3,271 shares of the apparel and home fashions retailer’s stock worth $472,000 after acquiring an additional 73 shares during the last quarter. Webster Bank N. A. lifted its position in TJX Companies by 1.6% during the 3rd quarter. Webster Bank N. A. now owns 4,574 shares of the apparel and home fashions retailer’s stock worth $661,000 after acquiring an additional 73 shares during the last quarter. Banco de Sabadell S.A boosted its holdings in TJX Companies by 0.4% during the second quarter. Banco de Sabadell S.A now owns 20,951 shares of the apparel and home fashions retailer’s stock valued at $2,587,000 after acquiring an additional 77 shares during the period. Finally, Carr Financial Group Corp grew its position in shares of TJX Companies by 2.5% in the third quarter. Carr Financial Group Corp now owns 3,180 shares of the apparel and home fashions retailer’s stock valued at $460,000 after purchasing an additional 77 shares during the last quarter. 91.09% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TJX has been the topic of several research analyst reports. UBS Group restated a “buy” rating and issued a $193.00 price target (up from $181.00) on shares of TJX Companies in a research report on Thursday, January 8th. Evercore upped their price objective on TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a research note on Thursday, November 20th. Deutsche Bank Aktiengesellschaft set a $184.00 target price on TJX Companies in a research report on Thursday, January 8th. Citigroup reiterated a “buy” rating and issued a $168.00 price target (up from $160.00) on shares of TJX Companies in a research report on Thursday, November 20th. Finally, Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research note on Sunday, January 11th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $163.86.

Insider Transactions at TJX Companies

In other news, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction that occurred 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 $3,362,896.80. The trade was a 2.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, 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 sale, the chief executive officer directly owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. This trade represents a 4.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders 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

TJX opened at $155.86 on Friday. 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 stock has a market capitalization of $173.08 billion, a P/E ratio of 34.41, a price-to-earnings-growth ratio of 2.97 and a beta of 0.74. The company’s 50 day simple moving average is $154.16 and its 200-day simple moving average is $144.66. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $159.48.

TJX Companies (NYSE:TJX) last posted 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 the consensus estimate of $1.22 by $0.06. The firm had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business 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. Sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently declared 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. The ex-dividend date is Thursday, February 12th. This represents a $1.70 annualized dividend and a yield of 1.1%. TJX Companies’s dividend payout ratio (DPR) 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.