The TJX Companies, Inc. $TJX Shares Sold by Mirabella Financial Services LLP

Mirabella Financial Services LLP lessened its stake in The TJX Companies, Inc. (NYSE:TJX) by 74.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 10,123 shares of the apparel and home fashions retailer’s stock after selling 29,381 shares during the period. Mirabella Financial Services LLP’s holdings in TJX Companies were worth $1,256,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of TJX. Princeton Global Asset Management LLC acquired a new stake in shares of TJX Companies during the second quarter worth $28,000. Legacy Investment Solutions LLC purchased a new stake in shares of TJX Companies in the second quarter valued at about $32,000. True Wealth Design LLC raised its holdings in TJX Companies by 121.1% during the second quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock worth $34,000 after purchasing an additional 149 shares in the last quarter. Activest Wealth Management lifted its position in TJX Companies by 4,485.7% in the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after purchasing an additional 314 shares during the period. Finally, Maseco LLP purchased a new stake in TJX Companies in the 2nd quarter valued at approximately $43,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on TJX shares. Sanford C. Bernstein lifted their price target on TJX Companies from $152.00 to $155.00 and gave the company an “outperform” rating in a research note on Thursday, November 20th. UBS Group reaffirmed a “buy” rating and set a $181.00 price target on shares of TJX Companies in a research note on Thursday. BTIG Research reiterated a “buy” rating and issued a $165.00 price objective on shares of TJX Companies in a research note on Thursday, November 20th. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Finally, Evercore ISI increased their target price on shares of TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $160.37.

Insiders Place Their Bets

In related news, CEO Ernie Herrman sold 24,363 shares of TJX Companies stock in a transaction dated 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 completion of the sale, the chief executive officer owned 510,780 shares in the company, valued at approximately $77,286,121.80. This trade represents a 4.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $151.40, for a total transaction of $75,700.00. Following the completion of the transaction, the director owned 22,212 shares in the company, valued at approximately $3,362,896.80. This trade represents a 2.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 54,863 shares of company stock worth $8,226,366. Corporate insiders own 0.13% of the company’s stock.

TJX Companies Stock Up 0.1%

Shares of NYSE TJX opened at $150.26 on Friday. The firm’s 50-day moving average is $145.06 and its two-hundred day moving average is $135.40. The company has a market capitalization of $166.86 billion, a PE ratio of 33.17, a price-to-earnings-growth ratio of 3.36 and a beta of 0.76. The TJX Companies, Inc. has a 12-month low of $112.10 and a 12-month high of $154.66. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The business had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same period last year, the company posted $1.14 EPS. The company’s revenue was up 7.5% on a year-over-year basis. 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 analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th were given a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Thursday, November 13th. TJX Companies’s dividend payout ratio is currently 37.53%.

TJX Companies Company Profile

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.