Skandinaviska Enskilda Banken AB publ Sells 21,403 Shares of The TJX Companies, Inc. $TJX

Skandinaviska Enskilda Banken AB publ cut its stake in The TJX Companies, Inc. (NYSE:TJX) by 5.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 356,908 shares of the apparel and home fashions retailer’s stock after selling 21,403 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in TJX Companies were worth $51,587,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of TJX. High Note Wealth LLC boosted its position in shares of TJX Companies by 12.1% during the third quarter. High Note Wealth LLC now owns 667 shares of the apparel and home fashions retailer’s stock worth $96,000 after buying an additional 72 shares during the period. Valley National Advisers Inc. lifted its stake in TJX Companies by 2.3% in the 3rd quarter. Valley National Advisers Inc. now owns 3,271 shares of the apparel and home fashions retailer’s stock valued at $472,000 after acquiring an additional 73 shares in the last quarter. Webster Bank N. A. boosted its position in TJX Companies by 1.6% during the 3rd quarter. Webster Bank N. A. now owns 4,574 shares of the apparel and home fashions retailer’s stock worth $661,000 after acquiring an additional 73 shares during the last quarter. REAP Financial Group LLC boosted its position in TJX Companies by 12.1% during the 3rd quarter. REAP Financial Group LLC now owns 676 shares of the apparel and home fashions retailer’s stock worth $98,000 after acquiring an additional 73 shares during the last quarter. Finally, Banco de Sabadell S.A grew its stake in shares of TJX Companies by 0.4% during the 2nd quarter. Banco de Sabadell S.A now owns 20,951 shares of the apparel and home fashions retailer’s stock worth $2,587,000 after acquiring an additional 77 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analysts Set New Price Targets

TJX has been the topic of a number of research reports. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, January 21st. Morgan Stanley reissued an “overweight” rating and set a $162.00 price target (up from $159.00) on shares of TJX Companies in a research report on Thursday, November 20th. Bank of America raised their price objective on TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Citigroup reaffirmed a “buy” rating and issued a $168.00 target price (up previously from $160.00) on shares of TJX Companies in a research report on Thursday, November 20th. Finally, Barclays set a $172.00 price target on TJX Companies and gave the company an “overweight” rating in a research report on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $163.86.

TJX Companies Price Performance

NYSE:TJX opened at $154.49 on Tuesday. The TJX Companies, Inc. has a 12-month low of $112.10 and a 12-month high of $159.48. The firm has a market capitalization of $171.56 billion, a price-to-earnings ratio of 34.10, a P/E/G ratio of 2.95 and a beta of 0.74. The stock’s 50 day moving average price is $154.47 and its two-hundred day moving average price is $146.11. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping the consensus estimate of $1.22 by $0.06. The company had revenue of $15.12 billion during 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 for the quarter was up 7.5% compared to the same quarter last year. During the same period in the previous year, the company 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, analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current 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 issued a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, February 12th. TJX Companies’s payout ratio is currently 37.53%.

Insider Activity

In other TJX Companies news, Director Amy B. Lane sold 500 shares of the stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $151.40, for a total value of $75,700.00. Following the transaction, the director directly owned 22,212 shares of the company’s stock, valued at $3,362,896.80. This represents a 2.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction that occurred 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 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 54,863 shares of company stock worth $8,226,366 over the last three months. 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.