Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Has $316.37 Million Position in The TJX Companies, Inc. $TJX

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA decreased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,221,686 shares of the apparel and home fashions retailer’s stock after selling 39,895 shares during the quarter. TJX Companies makes up 2.8% of Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings, making the stock its 11th biggest position. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA owned about 0.20% of TJX Companies worth $316,368,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TJX. Lavaca Capital LLC acquired a new stake in shares of TJX Companies during the 2nd quarter worth about $25,000. Princeton Global Asset Management LLC bought a new position in TJX Companies in the 2nd quarter valued at about $28,000. Highline Wealth Partners LLC lifted its position in TJX Companies by 65.0% during the third quarter. Highline Wealth Partners LLC now owns 231 shares of the apparel and home fashions retailer’s stock worth $33,000 after acquiring an additional 91 shares during the last quarter. Howard Hughes Medical Institute acquired a new stake in TJX Companies during the second quarter worth approximately $30,000. Finally, Legacy Investment Solutions LLC bought a new stake in shares of TJX Companies during the second quarter worth approximately $32,000. 91.09% of the stock is owned by institutional investors.

Insider Activity at TJX Companies

In related news, CEO Ernie Herrman sold 30,000 shares of TJX Companies 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 transaction, the chief executive officer directly owned 535,143 shares of the company’s stock, valued at $79,634,629.83. This trade represents a 5.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Amy B. Lane sold 500 shares of the company’s 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 $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. Insiders sold a total of 54,863 shares of company stock valued at $8,226,366 over the last 90 days. Corporate insiders own 0.13% of the company’s stock.

TJX Companies Price Performance

Shares of NYSE TJX opened at $157.88 on Monday. The business has a fifty day moving average price of $151.67 and a two-hundred day moving average price of $140.79. The stock has a market capitalization of $175.32 billion, a PE ratio of 34.85, a P/E/G ratio of 3.54 and a beta of 0.75. 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 TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $159.48.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping analysts’ consensus estimates 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%.TJX Companies’s revenue was up 7.5% on a year-over-year basis. During the same quarter last 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 fiscal year.

TJX Companies Announces Dividend

The company also recently announced 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. This represents a $1.70 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, February 12th. TJX Companies’s dividend payout ratio (DPR) is currently 37.53%.

Analysts Set New Price Targets

TJX has been the topic of a number of recent research reports. Robert W. Baird set a $168.00 target price on TJX Companies in a research note on Wednesday, December 17th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $170.00 price objective on shares of TJX Companies in a report on Tuesday, January 6th. BTIG Research reissued a “buy” rating and set a $165.00 target price on shares of TJX Companies in a report on Thursday, November 20th. Cowen reissued a “buy” rating on shares of TJX Companies in a research report on Thursday, November 20th. Finally, Barclays set a $172.00 price target on shares of TJX Companies and gave the stock an “overweight” rating in a research report on Thursday, December 4th. Two research analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company. According to data from MarketBeat, TJX Companies currently has a consensus rating of “Buy” and a consensus price target 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.