Janney Capital Management LLC Sells 23,414 Shares of The TJX Companies, Inc. $TJX

Janney Capital Management LLC lowered its position in The TJX Companies, Inc. (NYSE:TJX) by 80.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,858 shares of the apparel and home fashions retailer’s stock after selling 23,414 shares during the quarter. Janney Capital Management LLC’s holdings in TJX Companies were worth $847,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Valley National Advisers Inc. lifted its position in TJX Companies by 2.3% in the third quarter. Valley National Advisers Inc. now owns 3,271 shares of the apparel and home fashions retailer’s stock worth $472,000 after purchasing an additional 73 shares during the period. Webster Bank N. A. increased its holdings in TJX Companies by 1.6% in the 3rd quarter. Webster Bank N. A. now owns 4,574 shares of the apparel and home fashions retailer’s stock valued at $661,000 after buying an additional 73 shares during the period. Ignite Planners LLC raised its stake in shares of TJX Companies by 3.8% in the 2nd quarter. Ignite Planners LLC now owns 2,130 shares of the apparel and home fashions retailer’s stock valued at $260,000 after buying an additional 77 shares in the last quarter. Banco de Sabadell S.A raised its stake in shares of TJX Companies by 0.4% in the 2nd quarter. Banco de Sabadell S.A now owns 20,951 shares of the apparel and home fashions retailer’s stock valued at $2,587,000 after buying an additional 77 shares in the last quarter. Finally, Carr Financial Group Corp lifted its holdings in shares of TJX Companies by 2.5% during the 3rd quarter. Carr Financial Group Corp now owns 3,180 shares of the apparel and home fashions retailer’s stock worth $460,000 after acquiring an additional 77 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Up 0.6%

Shares of TJX opened at $157.99 on Wednesday. The company has a market capitalization of $175.44 billion, a P/E ratio of 34.88, a PEG ratio of 3.30 and a beta of 0.75. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $159.48. The business’s 50 day simple moving average is $152.32 and its 200-day simple moving average is $141.28. 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 released its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The firm had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The business’s revenue was up 7.5% on a year-over-year basis. During the same period last year, the firm 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. As a group, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 12th will be issued a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, February 12th. TJX Companies’s payout ratio is currently 37.53%.

Insider Activity

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction dated Thursday, November 20th. The shares were 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 of the company’s stock, valued at approximately $79,634,629.83. The trade was a 5.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.40, for a total transaction of $75,700.00. Following the transaction, the director owned 22,212 shares in the company, valued at $3,362,896.80. The trade was a 2.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 54,863 shares of company stock worth $8,226,366. 0.13% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on TJX. Morgan Stanley reissued an “overweight” rating and issued a $162.00 target price (up previously from $159.00) on shares of TJX Companies in a research note on Thursday, November 20th. TD Cowen upped their price objective on TJX Companies from $162.00 to $167.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. UBS Group restated a “buy” rating and set a $193.00 target price (up previously from $181.00) on shares of TJX Companies in a research report on Thursday, January 8th. Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. Finally, Guggenheim upgraded TJX Companies to a “strong-buy” rating in a research note on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the company’s stock. According to MarketBeat, TJX Companies currently has a consensus rating of “Buy” and an average price target of $163.86.

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.