The TJX Companies, Inc. $TJX Stake Raised by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. lifted its stake in The TJX Companies, Inc. (NYSE:TJX) by 30.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,948 shares of the apparel and home fashions retailer’s stock after purchasing an additional 4,829 shares during the quarter. TJX Companies accounts for approximately 1.1% of Lecap Asset Management Ltd.’s holdings, making the stock its 2nd biggest position. Lecap Asset Management Ltd.’s holdings in TJX Companies were worth $3,028,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in shares of TJX Companies by 113.7% during the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after buying an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in TJX Companies by 12.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock valued at $262,000 after purchasing an additional 235 shares during the last quarter. Bison Wealth LLC increased its holdings in shares of TJX Companies by 32.9% in the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after purchasing an additional 955 shares in the last quarter. Jacobs Levy Equity Management Inc. purchased a new position in shares of TJX Companies in the first quarter worth $3,380,000. Finally, Dynamic Technology Lab Private Ltd lifted its holdings in shares of TJX Companies by 5.9% during the first quarter. Dynamic Technology Lab Private Ltd now owns 4,462 shares of the apparel and home fashions retailer’s stock valued at $543,000 after purchasing an additional 247 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Up 0.1%

Shares of TJX stock opened at $154.12 on Thursday. 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 cap of $171.15 billion, a price-to-earnings ratio of 34.02, a PEG ratio of 3.46 and a beta of 0.75. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $157.82. The firm has a fifty day moving average price of $151.00 and a 200-day moving average price of $140.20.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.06. The company 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%.TJX Companies’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the business earned $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. As a group, equities analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be issued a dividend of $0.425 per share. 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%.

Insider Buying and Selling

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $148.81, for a total value of $4,464,300.00. Following the completion of the transaction, the chief executive officer directly 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 54,863 shares of company stock valued at $8,226,366. Company insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. UBS Group reiterated a “buy” rating on shares of TJX Companies in a report on Thursday. 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 report on Thursday, November 20th. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. Evercore ISI raised their target price on shares of TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Finally, JPMorgan Chase & Co. lifted their target price on shares of TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating and twenty-three have given a Buy rating to the stock. Based on data from MarketBeat.com, TJX Companies currently has a consensus rating of “Buy” and an average target price of $162.25.

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.