Rhumbline Advisers Buys 45,621 Shares of The TJX Companies, Inc. $TJX

Rhumbline Advisers boosted its stake in The TJX Companies, Inc. (NYSE:TJX) by 2.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,271,928 shares of the apparel and home fashions retailer’s stock after purchasing an additional 45,621 shares during the quarter. Rhumbline Advisers owned about 0.20% of TJX Companies worth $328,384,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TJX. Lavaca Capital LLC bought a new position in TJX Companies in the 2nd quarter valued at approximately $25,000. Princeton Global Asset Management LLC acquired a new position in TJX Companies in the 2nd quarter valued at approximately $28,000. Highline Wealth Partners LLC increased its holdings in TJX Companies by 65.0% in the third quarter. Highline Wealth Partners LLC now owns 231 shares of the apparel and home fashions retailer’s stock valued at $33,000 after purchasing an additional 91 shares during the period. Howard Hughes Medical Institute acquired a new stake in TJX Companies in the second quarter valued at $30,000. Finally, Legacy Investment Solutions LLC bought a new stake in shares of TJX Companies in the 2nd quarter valued at about $32,000. Institutional investors own 91.09% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Ernie Herrman sold 24,363 shares of TJX Companies 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 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction 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 transaction, the director directly owned 22,212 shares of the company’s stock, 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. Over the last three months, insiders sold 54,863 shares of company stock worth $8,226,366. Insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on TJX shares. JPMorgan Chase & Co. increased their target price on shares of TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a research report on Thursday, November 20th. Citigroup reissued a “buy” rating and set a $168.00 target price (up from $160.00) on shares of TJX Companies in a research note on Thursday, November 20th. Evercore increased their price objective on shares of TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, January 21st. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $170.00 price objective on shares of TJX Companies in a report on Tuesday, November 11th. Two analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, TJX Companies has a consensus rating of “Buy” and an average target price of $163.86.

TJX Companies Trading Down 1.9%

Shares of TJX opened at $153.34 on Wednesday. The firm’s 50 day simple moving average is $154.33 and its 200 day simple moving average is $145.32. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $159.48. 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 company has a market capitalization of $170.28 billion, a P/E ratio of 33.85, a P/E/G ratio of 2.99 and a beta of 0.74.

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

TJX Companies Announces Dividend

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 $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, February 12th. TJX Companies’s 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.