6,756 The TJX Companies, Inc. $TJX Shares Sold by Prescott Group Capital Management L.L.C.

Prescott Group Capital Management L.L.C. decreased its position in The TJX Companies, Inc. (NYSE:TJX) by 18.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,506 shares of the apparel and home fashions retailer’s stock after selling 6,756 shares during the quarter. Prescott Group Capital Management L.L.C.’s holdings in TJX Companies were worth $4,036,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Putney Financial Group LLC bought a new stake in TJX Companies in the third quarter worth about $49,000. Integrity Alliance LLC. boosted its stake in TJX Companies by 5.8% in the third quarter. Integrity Alliance LLC. now owns 5,075 shares of the apparel and home fashions retailer’s stock valued at $672,000 after acquiring an additional 279 shares during the last quarter. First Nebraska Trust Co purchased a new position in TJX Companies in the third quarter valued at about $741,000. Stiles Financial Services Inc boosted its stake in TJX Companies by 0.8% in the third quarter. Stiles Financial Services Inc now owns 22,920 shares of the apparel and home fashions retailer’s stock valued at $3,033,000 after acquiring an additional 192 shares during the last quarter. Finally, Factory Mutual Insurance Co. bought a new position in shares of TJX Companies during the 3rd quarter valued at approximately $33,660,000. Institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

TJX opened at $137.54 on Wednesday. The firm has a 50-day moving average price of $135.65 and a 200-day moving average price of $151.02. The TJX Companies, Inc. has a twelve month low of $122.78 and a twelve month high of $170.00. The company has a quick ratio of 0.56, a current ratio of 1.15 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $151.29 billion, a price-to-earnings ratio of 25.42, a PEG ratio of 2.67 and a beta of 0.58.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.03. The company had revenue of $15.18 billion for the quarter, compared to analysts’ expectations of $15.16 billion. TJX Companies had a net margin of 9.73% and a return on equity of 56.56%. TJX Companies’s revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.10 EPS. TJX Companies has set its FY 2027 guidance at 5.150-5.200 EPS and its Q3 2027 guidance at 1.360-1.380 EPS. Equities analysts expect that The TJX Companies, Inc. will post 5.22 EPS for the current year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Thursday, November 12th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, November 12th. TJX Companies’s dividend payout ratio (DPR) is presently 35.49%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Wolfe Research initiated coverage on shares of TJX Companies in a research note on Wednesday, October 21st. They set a “peer perform” rating for the company. Wall Street Zen downgraded TJX Companies from a “buy” rating to a “hold” rating in a research note on Saturday, August 22nd. Bank of America reduced their price objective on TJX Companies from $175.00 to $170.00 and set a “buy” rating for the company in a report on Tuesday, October 27th. Daiwa Securities Group reduced their price objective on TJX Companies from $168.00 to $155.00 in a report on Tuesday, August 25th. Finally, Morgan Stanley set a $178.00 target price on TJX Companies and gave the stock an “overweight” rating in a research report on Thursday, August 20th. Twenty-one research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $174.95.

About TJX Companies

The TJX Companies, Inc (NYSE: TJX) is an off-price retailer specializing in apparel, footwear, accessories, and home merchandise. Its stores offer branded and designer products at prices generally below those of full-price retailers, using a flexible purchasing model that allows the company to acquire merchandise from manufacturers, retailers, and other suppliers.

The company operates a portfolio of retail banners, including T.J. Maxx, Marshalls, HomeGoods, Sierra, and Homesense in the United States; Winners, HomeSense, and Marshalls in Canada; and TK Maxx and Homesense in Europe and Australia.