Professional Advisory Services Inc. Lowers Stock Position in The TJX Companies, Inc. $TJX

Professional Advisory Services Inc. cut its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 160,574 shares of the apparel and home fashions retailer’s stock after selling 3,226 shares during the quarter. TJX Companies makes up approximately 3.0% of Professional Advisory Services Inc.’s holdings, making the stock its 12th biggest position. Professional Advisory Services Inc.’s holdings in TJX Companies were worth $23,209,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TJX. QTR Family Wealth LLC purchased a new position in TJX Companies during the third quarter valued at approximately $281,000. Vista Investment Partners II LLC increased its stake in shares of TJX Companies by 0.9% in the third quarter. Vista Investment Partners II LLC now owns 25,407 shares of the apparel and home fashions retailer’s stock worth $3,672,000 after purchasing an additional 218 shares in the last quarter. Lee Danner & Bass Inc. raised its position in shares of TJX Companies by 8.9% during the 3rd quarter. Lee Danner & Bass Inc. now owns 9,106 shares of the apparel and home fashions retailer’s stock valued at $1,316,000 after purchasing an additional 747 shares during the period. Parsons Capital Management Inc. RI raised its position in shares of TJX Companies by 4.3% during the 3rd quarter. Parsons Capital Management Inc. RI now owns 53,855 shares of the apparel and home fashions retailer’s stock valued at $7,784,000 after purchasing an additional 2,240 shares during the period. Finally, Slow Capital Inc. lifted its stake in shares of TJX Companies by 1.7% during the 3rd quarter. Slow Capital Inc. now owns 38,941 shares of the apparel and home fashions retailer’s stock valued at $5,629,000 after buying an additional 634 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on TJX shares. Citigroup reiterated a “buy” rating and issued a $168.00 price target (up previously from $160.00) on shares of TJX Companies in a research note on Thursday, November 20th. Bank of America boosted their price objective on TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. JPMorgan Chase & Co. increased their target price on TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research note on Sunday, January 11th. Finally, Evercore ISI boosted their price target on TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-four have given a Buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $163.86.

Insider Buying and Selling at TJX Companies

In related news, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $151.40, for a total value of $75,700.00. Following the sale, the director owned 22,212 shares in the company, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Ernie Herrman sold 24,363 shares of the company’s stock in a transaction on Friday, November 21st. The shares were 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 in the company, valued at approximately $77,286,121.80. The trade was a 4.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 54,863 shares of company stock worth $8,226,366 in the last 90 days. 0.13% of the stock is currently owned by company insiders.

TJX Companies Trading Up 0.9%

Shares of TJX Companies stock opened at $157.50 on Tuesday. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $159.48. 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 business has a 50-day moving average price of $153.26 and a 200-day moving average price of $142.17. The firm has a market cap of $174.90 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 3.30 and a beta of 0.75.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The company 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 firm’s revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the company 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. Equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently announced 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 of this dividend is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. TJX Companies’s dividend payout ratio (DPR) is 37.53%.

TJX Companies 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.