The TJX Companies, Inc. $TJX Shares Sold by AustralianSuper Pty Ltd

AustralianSuper Pty Ltd trimmed its position in The TJX Companies, Inc. (NYSE:TJX) by 97.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,383 shares of the apparel and home fashions retailer’s stock after selling 415,890 shares during the period. AustralianSuper Pty Ltd’s holdings in TJX Companies were worth $1,790,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of TJX. Lavaca Capital LLC bought a new stake in TJX Companies in the second quarter worth about $25,000. Princeton Global Asset Management LLC acquired a new position in shares of TJX Companies in the 2nd quarter worth approximately $28,000. Howard Hughes Medical Institute bought a new stake in shares of TJX Companies in the 2nd quarter worth approximately $30,000. Legacy Investment Solutions LLC bought a new stake in shares of TJX Companies in the 2nd quarter worth approximately $32,000. Finally, Capital A Wealth Management LLC lifted its stake in TJX Companies by 776.7% during the second quarter. Capital A Wealth Management LLC now owns 263 shares of the apparel and home fashions retailer’s stock valued at $32,000 after purchasing an additional 233 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Stock Up 1.6%

NYSE:TJX opened at $149.80 on Friday. The business’s fifty day moving average price is $154.03 and its 200 day moving average price is $143.58. The firm has a market capitalization of $166.35 billion, a price-to-earnings ratio of 33.07, a PEG ratio of 3.09 and a beta of 0.75. The company has a current ratio of 1.09, a quick ratio of 0.43 and a debt-to-equity ratio of 0.20. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $159.48.

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 analysts’ expectations 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% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. On average, sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be paid a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, February 12th. TJX Companies’s dividend payout ratio is currently 37.53%.

Insider Buying and Selling

In other news, 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 value of $3,686,365.53. Following the transaction, the chief executive officer directly owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. This represents a 4.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Amy B. Lane sold 500 shares of the stock in a transaction on Friday, November 21st. The stock was 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 of the company’s stock, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 54,863 shares of company stock valued at $8,226,366. Insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. TD Cowen restated a “buy” rating on shares of TJX Companies in a research report on Thursday, November 20th. Sanford C. Bernstein restated an “outperform” rating and issued a $170.00 target price on shares of TJX Companies in a report on Tuesday, January 6th. Barclays set a $172.00 target price on TJX Companies and gave the company an “overweight” rating in a report on Thursday, December 4th. Morgan Stanley reissued an “overweight” rating and issued a $162.00 price target (up previously from $159.00) on shares of TJX Companies in a research note on Thursday, November 20th. Finally, Guggenheim raised shares of TJX Companies to a “strong-buy” rating in a research note on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of $163.86.

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.