The TJX Companies, Inc. $TJX Shares Sold by James Hambro & Partners LLP

James Hambro & Partners LLP reduced its stake in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 60.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,783 shares of the apparel and home fashions retailer’s stock after selling 56,460 shares during the quarter. TJX Companies comprises about 0.2% of James Hambro & Partners LLP’s investment portfolio, making the stock its 28th largest holding. James Hambro & Partners LLP’s holdings in TJX Companies were worth $4,870,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Cetera Trust Company N.A bought a new stake in shares of TJX Companies during the 2nd quarter worth about $27,000. Evergreen Advisors LLC acquired a new stake in shares of TJX Companies in the 1st quarter worth approximately $36,000. Cedar Mountain Advisors LLC boosted its holdings in shares of TJX Companies by 47.7% in the first quarter. Cedar Mountain Advisors LLC now owns 226 shares of the apparel and home fashions retailer’s stock valued at $36,000 after acquiring an additional 73 shares in the last quarter. Kelly Lawrence W & Associates Inc. CA bought a new position in shares of TJX Companies in the second quarter valued at approximately $35,000. Finally, Tsfg LLC boosted its holdings in shares of TJX Companies by 97.7% in the second quarter. Tsfg LLC now owns 263 shares of the apparel and home fashions retailer’s stock valued at $40,000 after acquiring an additional 130 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Sanford C. Bernstein reiterated an “outperform” rating and set a $175.00 price objective on shares of TJX Companies in a research note on Tuesday, August 25th. Evercore restated an “outperform” rating and issued a $173.00 target price (down from $175.00) on shares of TJX Companies in a research report on Thursday, August 20th. BTIG Research restated a “buy” rating and issued a $190.00 target price on shares of TJX Companies in a research report on Thursday, August 20th. Erste Group Bank lowered TJX Companies from a “buy” rating to a “hold” rating in a research note on Wednesday, July 15th. Finally, Barclays set a $188.00 price target on TJX Companies and gave the company an “overweight” rating in a research report on Thursday, August 20th. Twenty-one equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $174.86.

Check Out Our Latest Analysis on TJX

TJX Companies Price Performance

Shares of NYSE:TJX traded down $0.12 during trading hours on Monday, hitting $147.21. 1,971,787 shares of the company’s stock traded hands, compared to its average volume of 6,090,518. The TJX Companies, Inc. has a 52 week low of $122.78 and a 52 week high of $170.00. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.56 and a current ratio of 1.15. The company’s fifty day simple moving average is $136.83 and its two-hundred day simple moving average is $150.17. The company has a market cap of $161.92 billion, a price-to-earnings ratio of 27.21, a price-to-earnings-growth ratio of 2.66 and a beta of 0.56.

TJX Companies (NYSE:TJX – Get Free Report) last announced its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.03. TJX Companies had a net margin of 9.73% and a return on equity of 56.56%. The company had revenue of $15.18 billion for the quarter, compared to analysts’ expectations of $15.16 billion. During the same quarter in the previous year, the company posted $1.10 EPS. The business’s revenue was up 5.4% compared to the same quarter last year. TJX Companies has set its FY 2027 guidance at 5.150-5.200 EPS and its Q3 2027 guidance at 1.360-1.380 EPS. As a group, equities analysts anticipate that The TJX Companies, Inc. will post 5.22 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 12th will be given a $0.48 dividend. The ex-dividend date is Thursday, November 12th. This represents a $1.92 annualized dividend and a yield of 1.3%. TJX Companies’s payout ratio is 35.49%.

About TJX Companies

(Free Report)

The TJX Companies, Inc (NYSE: TJX) is an off-price retailer specializing in apparel, footwear, accessories, and home merchandise. Its stores offer branded and designer products at prices generally below those of full-price retailers, using a flexible purchasing model that allows the company to acquire merchandise from manufacturers, retailers, and other suppliers.

The company operates a portfolio of retail banners, including T.J. Maxx, Marshalls, HomeGoods, Sierra, and Homesense in the United States; Winners, HomeSense, and Marshalls in Canada; and TK Maxx and Homesense in Europe and Australia.

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