Mutual of America Capital Management LLC Decreases Stock Holdings in The TJX Companies, Inc. $TJX

Mutual of America Capital Management LLC trimmed its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 5.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 128,134 shares of the apparel and home fashions retailer’s stock after selling 7,413 shares during the quarter. Mutual of America Capital Management LLC’s holdings in TJX Companies were worth $18,520,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new stake in shares of TJX Companies in the second quarter valued at approximately $1,808,774,000. Laurel Wealth Advisors LLC lifted its holdings in shares of TJX Companies by 12,417.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock worth $501,033,000 after buying an additional 4,024,859 shares during the period. Corient Private Wealth LLC grew its position in shares of TJX Companies by 120.7% during the 2nd quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock worth $620,406,000 after buying an additional 2,743,676 shares in the last quarter. ABN AMRO Bank N.V. bought a new position in shares of TJX Companies during the 2nd quarter worth $244,687,000. Finally, Mirova US LLC increased its stake in shares of TJX Companies by 164.5% during the second quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock valued at $333,319,000 after buying an additional 1,678,665 shares during the period. Institutional investors own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TJX. TD Cowen reiterated a “buy” rating on shares of TJX Companies in a report on Thursday, November 20th. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Sunday, January 11th. JPMorgan Chase & Co. increased their price objective on shares of TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. Robert W. Baird set a $168.00 price objective on shares of TJX Companies in a research note on Wednesday, December 17th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $170.00 target price on shares of TJX Companies in a report on Thursday, December 4th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $163.86.

TJX Companies Trading Down 0.2%

NYSE:TJX opened at $153.17 on Monday. The stock has a market capitalization of $170.09 billion, a price-to-earnings ratio of 33.81, a PEG ratio of 3.21 and a beta of 0.75. The TJX Companies, Inc. has a 52 week low of $112.10 and a 52 week 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 firm has a 50 day moving average of $153.91 and a 200 day moving average of $142.99.

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 (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.06. The firm had revenue of $15.12 billion for the quarter, compared to the consensus estimate 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 firm earned $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. As a group, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be given 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 yield of 1.1%. TJX Companies’s dividend payout ratio (DPR) is currently 37.53%.

Insider Transactions at TJX Companies

In other news, Director Amy B. Lane sold 500 shares of the firm’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 directly owned 22,212 shares in the company, valued at approximately $3,362,896.80. This trade represents a 2.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the sale, the chief executive officer directly owned 535,143 shares of the company’s stock, valued at approximately $79,634,629.83. This trade represents a 5.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 54,863 shares of company stock valued at $8,226,366. Corporate insiders own 0.13% of the company’s stock.

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.