Douglass Winthrop Advisors LLC Sells 2,480 Shares of The TJX Companies, Inc. $TJX

Key Points

• Douglass Winthrop Advisors LLC sold 2,480 shares of The TJX Companies, reducing their stake by 3.9%, and their holdings are now valued at $7,477,000.
• Numerous institutional investors have increased their positions in TJX Companies, with Brighton Jones LLC leading with a 113.7% increase in the fourth quarter.
• TJX Companies reported $1.10 EPS for the last quarter, surpassing estimates of $1.01, and expects a yearly EPS of 4.18 for the current fiscal year.

Douglass Winthrop Advisors LLC lowered its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 3.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 61,386 shares of the apparel and home fashions retailer's stock after selling 2,480 shares during the period. Douglass Winthrop Advisors LLC's holdings in TJX Companies were worth $7,477,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in shares of TJX Companies by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer's stock valued at $12,230,396,000 after acquiring an additional 1,099,129 shares during the last quarter. Northern Trust Corp grew its holdings in shares of TJX Companies by 15.2% during the 4th quarter. Northern Trust Corp now owns 13,985,826 shares of the apparel and home fashions retailer's stock worth $1,689,628,000 after acquiring an additional 1,845,225 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of TJX Companies by 0.3% during the 1st quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer's stock worth $1,591,758,000 after acquiring an additional 35,800 shares during the period. Royal Bank of Canada grew its holdings in shares of TJX Companies by 12.9% during the 4th quarter. Royal Bank of Canada now owns 12,300,919 shares of the apparel and home fashions retailer's stock worth $1,486,074,000 after acquiring an additional 1,403,561 shares during the period. Finally, Nuveen LLC purchased a new position in shares of TJX Companies during the 1st quarter worth approximately $1,330,717,000. Institutional investors own 91.09% of the company's stock.

Insider Buying and Selling

In related news, Director Amy B. Lane sold 950 shares of the firm's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total value of $121,685.50. Following the transaction, the director directly owned 22,712 shares of the company's stock, valued at approximately $2,909,180.08. This trade represents a 4.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.13% of the company's stock.

Analysts Set New Price Targets

A number of research firms have weighed in on TJX. Barclays upped their target price on TJX Companies from $147.00 to $155.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. BMO Capital Markets restated an "outperform" rating on shares of TJX Companies in a research note on Wednesday, May 21st. Robert W. Baird upped their price target on TJX Companies from $143.00 to $152.00 and gave the stock an "outperform" rating in a research note on Thursday, August 21st. Sanford C. Bernstein upped their price target on TJX Companies from $145.00 to $152.00 and gave the stock an "outperform" rating in a research note on Thursday, August 21st. Finally, Evercore ISI upped their price target on TJX Companies from $150.00 to $162.00 and gave the stock an "outperform" rating in a research note on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $147.58.

TJX Companies Stock Performance

Shares of TJX stock traded up $1.14 on Tuesday, reaching $136.64. The stock had a trading volume of 6,523,400 shares, compared to its average volume of 5,371,269. The stock has a market cap of $152.64 billion, a P/E ratio of 31.13, a price-to-earnings-growth ratio of 3.07 and a beta of 0.89. The TJX Companies, Inc. has a 1 year low of $111.22 and a 1 year high of $145.58. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The company has a 50 day simple moving average of $127.22 and a 200 day simple moving average of $125.55.

TJX Companies (NYSE:TJX - Get Free Report) last released its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.09. The firm had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company's revenue for the quarter was up 6.9% on a year-over-year basis. During the same period last year, the business posted $0.96 EPS. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Equities research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be issued a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 14th. TJX Companies's dividend payout ratio (DPR) is currently 38.72%.

TJX Companies Profile

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.