Tred Avon Family Wealth LLC Acquires New Holdings in The TJX Companies, Inc. $TJX

Tred Avon Family Wealth LLC bought a new position in The TJX Companies, Inc. (NYSE:TJX) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 8,790 shares of the apparel and home fashions retailer’s stock, valued at approximately $1,271,000.

A number of other hedge funds and other institutional investors have also modified their holdings of TJX. Massachusetts Financial Services Co. MA boosted its holdings in TJX Companies by 13.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 2,904,172 shares of the apparel and home fashions retailer’s stock worth $419,769,000 after purchasing an additional 342,657 shares in the last quarter. Fiduciary Family Office LLC raised its holdings in TJX Companies by 52.9% during the third quarter. Fiduciary Family Office LLC now owns 5,174 shares of the apparel and home fashions retailer’s stock valued at $748,000 after buying an additional 1,790 shares in the last quarter. Resonant Capital Advisors LLC lifted its position in shares of TJX Companies by 3.7% in the third quarter. Resonant Capital Advisors LLC now owns 4,818 shares of the apparel and home fashions retailer’s stock worth $696,000 after buying an additional 173 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of TJX Companies by 249.0% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 5,169 shares of the apparel and home fashions retailer’s stock valued at $745,000 after acquiring an additional 3,688 shares during the last quarter. Finally, Walkner Condon Financial Advisors LLC bought a new position in shares of TJX Companies in the 3rd quarter valued at approximately $219,000. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

NYSE TJX opened at $157.50 on Friday. The company’s fifty day moving average is $153.05 and its two-hundred day moving average is $141.83. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $159.48. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43. The firm has a market capitalization of $174.90 billion, a price-to-earnings ratio of 34.77, a P/E/G ratio of 3.30 and a beta of 0.75.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share 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 business had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same quarter last year, the company earned $1.14 earnings per share. The firm’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. Equities research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The company 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 dividend of $0.425 per share. The ex-dividend date is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. TJX Companies’s payout ratio is currently 37.53%.

Analysts Set New Price Targets

Several brokerages have commented on TJX. Bank of America increased their price target on TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a research note on Wednesday, December 10th. Deutsche Bank Aktiengesellschaft set a $184.00 target price on shares of TJX Companies in a report on Thursday, January 8th. Cowen restated a “buy” rating on shares of TJX Companies in a report on Thursday, November 20th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $170.00 price objective on shares of TJX Companies in a research note on Tuesday, January 6th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-four have given a Buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $163.86.

Insiders Place Their Bets

In other news, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction on 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 owned 535,143 shares in the company, valued at approximately $79,634,629.83. This represents a 5.31% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Amy B. Lane sold 500 shares of the firm’s 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 transaction, the director directly owned 22,212 shares of the company’s stock, valued at $3,362,896.80. The trade was a 2.20% 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 valued at $8,226,366 over the last 90 days. 0.13% of the stock is currently 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.