Johnson Investment Counsel Inc. Trims Stock Holdings in The TJX Companies, Inc. $TJX

Johnson Investment Counsel Inc. cut its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.6% during the third quarter, HoldingsChannel.com reports. The fund owned 885,902 shares of the apparel and home fashions retailer’s stock after selling 5,347 shares during the quarter. TJX Companies makes up 1.1% of Johnson Investment Counsel Inc.’s holdings, making the stock its 23rd largest position. Johnson Investment Counsel Inc.’s holdings in TJX Companies were worth $128,048,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Lavaca Capital LLC purchased a new position in shares of TJX Companies in the 2nd quarter valued at approximately $25,000. Princeton Global Asset Management LLC acquired a new stake in shares of TJX Companies in the 2nd quarter valued at approximately $28,000. Highline Wealth Partners LLC boosted its position in shares of TJX Companies by 65.0% during the 3rd quarter. Highline Wealth Partners LLC now owns 231 shares of the apparel and home fashions retailer’s stock worth $33,000 after purchasing an additional 91 shares in the last quarter. Howard Hughes Medical Institute purchased a new position in shares of TJX Companies in the 2nd quarter valued at about $30,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of TJX Companies in the second quarter valued at about $32,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Amy B. Lane sold 500 shares of the stock in a transaction dated Friday, November 21st. The stock was 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 in the company, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $148.81, for a total value of $4,464,300.00. Following the completion of the sale, the chief executive officer directly owned 535,143 shares in the company, valued at approximately $79,634,629.83. The trade was a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 54,863 shares of company stock worth $8,226,366. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TJX. Jefferies Financial Group reaffirmed a “buy” rating and issued a $170.00 target price on shares of TJX Companies in a report on Tuesday, November 11th. TD Cowen restated a “buy” rating on shares of TJX Companies in a report on Thursday, November 20th. Barclays set a $172.00 price objective on TJX Companies and gave the stock an “overweight” rating in a report on Thursday, December 4th. BTIG Research reissued a “buy” rating and issued a $165.00 target price on shares of TJX Companies in a report on Thursday, November 20th. Finally, Evercore raised their price target on TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $163.86.

TJX Companies Price Performance

NYSE:TJX opened at $156.11 on Tuesday. The TJX Companies, Inc. has a 12-month low of $112.10 and a 12-month high of $159.48. The firm has a market cap of $173.36 billion, a price-to-earnings ratio of 34.46, a price-to-earnings-growth ratio of 2.98 and a beta of 0.74. The company’s 50-day moving average is $154.27 and its two-hundred day moving average is $145.13. The company has a current ratio of 1.09, a quick ratio of 0.43 and a debt-to-equity ratio of 0.20.

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 for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The business had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The company’s revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business 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. Research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The firm 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 $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 payout ratio is 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.