The TJX Companies, Inc. $TJX Shares Sold by Johnson Investment Counsel Inc.

Johnson Investment Counsel Inc. lowered its stake in The TJX Companies, Inc. (NYSE:TJX) by 0.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). 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 comprises about 1.1% of Johnson Investment Counsel Inc.’s portfolio, making the stock its 23rd biggest holding. Johnson Investment Counsel Inc. owned about 0.08% of TJX Companies worth $128,048,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Lavaca Capital LLC purchased a new position in TJX Companies during the 2nd quarter valued at about $25,000. Princeton Global Asset Management LLC purchased a new position in shares of TJX Companies in the second quarter valued at approximately $28,000. Highline Wealth Partners LLC grew its holdings in shares of TJX Companies by 65.0% in the third quarter. Highline Wealth Partners LLC now owns 231 shares of the apparel and home fashions retailer’s stock valued at $33,000 after purchasing an additional 91 shares in the last quarter. Howard Hughes Medical Institute acquired a new position in shares of TJX Companies in the second quarter valued at approximately $30,000. Finally, Legacy Investment Solutions LLC purchased a new stake in TJX Companies during the 2nd quarter worth approximately $32,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have commented on TJX. Robert W. Baird set a $168.00 price target on shares of TJX Companies in a research note on Wednesday, December 17th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $170.00 target price on shares of TJX Companies in a report on Tuesday, January 6th. Evercore upped their price target on TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Guggenheim raised TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. Finally, Citigroup reissued a “buy” rating and set a $168.00 price objective (up from $160.00) on shares of TJX Companies in a research report on Thursday, November 20th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $163.86.

TJX Companies Trading Up 0.2%

NYSE:TJX opened at $156.11 on Tuesday. The stock has a 50-day simple moving average of $154.27 and a 200-day simple moving average of $145.13. The stock has a market cap of $173.36 billion, a P/E ratio of 34.46, a P/E/G ratio of 2.98 and a beta of 0.74. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $159.48. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.06. The business had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the company 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, analysts anticipate 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 announced a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders 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 dividend yield of 1.1%. TJX Companies’s dividend payout ratio is presently 37.53%.

Insiders Place Their Bets

In related news, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction on Friday, November 21st. The shares were sold at an average price of $151.40, for a total transaction of $75,700.00. Following the sale, the director directly owned 22,212 shares in the company, valued at $3,362,896.80. This trade represents a 2.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the completion of 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. Insiders sold a total of 54,863 shares of company stock worth $8,226,366 over the last ninety days. Insiders own 0.13% of the company’s stock.

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.