Smartleaf Asset Management LLC Increases Stock Position in The TJX Companies, Inc. $TJX

Smartleaf Asset Management LLC boosted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 23.9% in the third quarter, Holdings Channel.com reports. The firm owned 24,450 shares of the apparel and home fashions retailer’s stock after acquiring an additional 4,724 shares during the period. Smartleaf Asset Management LLC’s holdings in TJX Companies were worth $3,509,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in TJX. Lavaca Capital LLC acquired a new position in shares of TJX Companies in the second quarter worth about $25,000. Princeton Global Asset Management LLC purchased a new stake in TJX Companies during the 2nd quarter worth approximately $28,000. Highline Wealth Partners LLC raised its position in shares of TJX Companies by 65.0% in the 3rd 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 purchased a new position in shares of TJX Companies during the 2nd quarter valued at approximately $30,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of TJX Companies during the second quarter worth approximately $32,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $155.86 on Friday. The company has a market cap of $173.08 billion, a PE ratio of 34.41, a P/E/G ratio of 2.98 and a beta of 0.74. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $159.48. The firm has a 50-day simple moving average of $154.16 and a 200 day simple moving average of $144.79. 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, beating analysts’ consensus estimates 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%.TJX Companies’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $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. On average, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently announced 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 annualized dividend and a yield of 1.1%. TJX Companies’s dividend payout ratio (DPR) is currently 37.53%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. JPMorgan Chase & Co. upped their price target on shares of TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a report on Thursday, November 20th. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Sunday, January 11th. Citigroup reaffirmed a “buy” rating and set a $168.00 price target (up previously from $160.00) on shares of TJX Companies in a research report on Thursday, November 20th. Guggenheim raised TJX Companies to a “strong-buy” rating in a report on Wednesday, December 10th. Finally, Wells Fargo & Company reaffirmed a “positive” rating and set a $150.00 target price (up previously from $145.00) on shares of TJX Companies in a report on Tuesday, December 16th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company. According to MarketBeat.com, TJX Companies presently has an average rating of “Buy” and an average price target of $163.86.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 500 shares of the firm’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 directly owned 22,212 shares in the company, valued at approximately $3,362,896.80. This trade represents a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Ernie Herrman sold 24,363 shares of the business’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the transaction, the chief executive officer directly owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. This trade represents a 4.55% decrease in their position. 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 ninety days. 0.13% of the stock is owned by corporate insiders.

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.