MGO One Seven LLC Purchases 19,196 Shares of The TJX Companies, Inc. $TJX

MGO One Seven LLC lifted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 36.9% in the 3rd quarter, Holdings Channel.com reports. The fund owned 71,183 shares of the apparel and home fashions retailer’s stock after buying an additional 19,196 shares during the quarter. MGO One Seven LLC’s holdings in TJX Companies were worth $10,289,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of TJX Companies in the second quarter worth $1,808,774,000. Laurel Wealth Advisors LLC raised its position in 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 last quarter. Corient Private Wealth LLC raised its position in TJX Companies by 120.7% in 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 during the last quarter. ABN AMRO Bank N.V. bought a new position in TJX Companies during the 2nd quarter valued at about $244,687,000. Finally, Mirova US LLC boosted its holdings in shares of TJX Companies by 164.5% during the 2nd 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 acquiring an additional 1,678,665 shares during the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at TJX Companies

In related news, Director Amy B. Lane sold 500 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $151.40, for a total transaction of $75,700.00. Following the completion of the sale, the director 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 document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Ernie Herrman sold 30,000 shares of the business’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 value of $4,464,300.00. Following the completion of the transaction, the chief executive officer directly owned 535,143 shares in the company, valued at approximately $79,634,629.83. This represents a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 54,863 shares of company stock valued at $8,226,366. Corporate insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on TJX shares. Robert W. Baird set a $168.00 price objective on shares of TJX Companies in a report on Wednesday, December 17th. Evercore ISI lifted their target price on shares of TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Sanford C. Bernstein reiterated an “outperform” rating and set a $170.00 target price on shares of TJX Companies in a research note on Tuesday, January 6th. Bank of America raised their price target on TJX Companies from $150.00 to $168.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Finally, Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a report on Sunday. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $163.86.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $157.88 on Monday. The company has a market capitalization of $175.32 billion, a P/E ratio of 34.85, a P/E/G ratio of 3.54 and a beta of 0.75. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $159.48. The firm’s 50 day simple moving average is $151.67 and its two-hundred day simple moving average is $140.79. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, beating the consensus estimate of $1.22 by $0.06. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The firm had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. During the same period last year, the firm earned $1.14 EPS. The company’s revenue was up 7.5% on a year-over-year basis. 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. Research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be given 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 presently 37.53%.

TJX Companies Company 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.