Stevens Capital Management LP Buys 22,575 Shares of The TJX Companies, Inc. $TJX

by · The Cerbat Gem

Stevens Capital Management LP grew its stake in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 1,125.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,580 shares of the apparel and home fashions retailer’s stock after purchasing an additional 22,575 shares during the period. Stevens Capital Management LP’s holdings in TJX Companies were worth $3,035,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Ignite Planners LLC raised its stake in TJX Companies by 3.8% during the 2nd quarter. Ignite Planners LLC now owns 2,130 shares of the apparel and home fashions retailer’s stock worth $260,000 after buying an additional 77 shares during the period. Revolve Wealth Partners LLC grew its stake in TJX Companies by 3.3% in the second quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock valued at $303,000 after acquiring an additional 79 shares during the period. Roble Belko & Company Inc increased its holdings in shares of TJX Companies by 0.3% during the second quarter. Roble Belko & Company Inc now owns 31,478 shares of the apparel and home fashions retailer’s stock valued at $3,887,000 after acquiring an additional 82 shares in the last quarter. Knuff & Co LLC increased its holdings in shares of TJX Companies by 8.5% during the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock valued at $129,000 after acquiring an additional 83 shares in the last quarter. Finally, 3Chopt Investment Partners LLC raised its position in shares of TJX Companies by 1.6% during the second quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock worth $647,000 after purchasing an additional 83 shares during the period. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Price Performance

Shares of NYSE TJX opened at $151.46 on Friday. The company has a market capitalization of $168.57 billion, a PE ratio of 34.50, a PEG ratio of 3.14 and a beta of 0.90. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The stock’s 50 day moving average price is $143.04 and its 200-day moving average price is $134.10. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $152.58.

TJX Companies (NYSE:TJX – Get Free Report) last issued its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. During the same period last year, the company posted $1.14 earnings per share. TJX Companies’s quarterly revenue was up 7.5% compared to the same quarter last year. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. On average, equities analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th 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, November 13th. TJX Companies’s payout ratio is 38.72%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on TJX shares. Jefferies Financial Group reissued a “buy” rating and issued a $170.00 price target on shares of TJX Companies in a research report on Tuesday, November 11th. Sanford C. Bernstein lifted their price objective on shares of TJX Companies from $152.00 to $155.00 and gave the company an “outperform” rating in a report on Thursday. Evercore ISI boosted 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. Erste Group Bank initiated coverage on shares of TJX Companies in a research report on Friday, September 5th. They issued a “buy” rating on the stock. Finally, Citigroup reiterated a “buy” rating and set a $168.00 price target (up previously from $160.00) on shares of TJX Companies in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, TJX Companies currently has an average rating of “Buy” and an average target price of $158.90.

Check Out Our Latest Research Report on TJX

Insider Activity

In related news, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were 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 filing with the SEC, which is accessible through this link. Also, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the completion of the sale, 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 position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is owned by company insiders.

About TJX Companies

(Free Report)

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.

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