Haverford Trust Co Cuts Stock Position in The TJX Companies, Inc. $TJX

Key Points

• Haverford Trust Co reduced its position in The TJX Companies by 1.9%, owning approximately 1.74 million shares, which represent about 2.1% of their total holdings and positions TJX as their 12th largest investment.
• Institutional investors hold 91.09% of TJX stock, with various firms recently increasing their stakes, including Brighton Jones LLC, which boosted its holdings by 113.7%.
• Analysts maintain a consensus "Buy" rating for TJX, with an average price target of $147.58, reflecting positive forecasts for the company's growth and performance.

Haverford Trust Co reduced its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 1.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,737,582 shares of the apparel and home fashions retailer's stock after selling 34,086 shares during the quarter. TJX Companies accounts for about 2.1% of Haverford Trust Co's holdings, making the stock its 12th largest holding. Haverford Trust Co owned approximately 0.16% of TJX Companies worth $211,638,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TJX. Brighton Jones LLC boosted its holdings in shares of TJX Companies by 113.7% in the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock worth $1,817,000 after purchasing an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of TJX Companies by 12.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer's stock worth $262,000 after purchasing an additional 235 shares in the last quarter. Coppell Advisory Solutions LLC boosted its holdings in TJX Companies by 31.8% during the 4th quarter. Coppell Advisory Solutions LLC now owns 435 shares of the apparel and home fashions retailer's stock valued at $53,000 after acquiring an additional 105 shares during the period. Rothschild Capital Partners LLC purchased a new stake in TJX Companies during the 4th quarter valued at about $243,000. Finally, Voya Financial Advisors Inc. boosted its holdings in TJX Companies by 2.4% during the 4th quarter. Voya Financial Advisors Inc. now owns 4,974 shares of the apparel and home fashions retailer's stock valued at $602,000 after acquiring an additional 118 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Amy B. Lane sold 950 shares of the stock in a transaction that occurred 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 completion of the transaction, the director owned 22,712 shares of the company's stock, valued at approximately $2,909,180.08. This represents a 4.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.13% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on TJX shares. Macquarie restated a "buy" rating on shares of TJX Companies in a report on Monday, August 11th. JPMorgan Chase & Co. increased their target price on TJX Companies from $145.00 to $148.00 and gave the company an "overweight" rating in a report on Thursday. Daiwa America upgraded TJX Companies to a "strong-buy" rating in a report on Tuesday, July 8th. Wells Fargo & Company increased their target price on TJX Companies from $120.00 to $130.00 and gave the company an "equal weight" rating in a report on Thursday. Finally, Daiwa Capital Markets started coverage on TJX Companies in a report on Tuesday, July 8th. They set an "outperform" rating and a $133.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, TJX Companies presently has a consensus rating of "Buy" and an average price target of $147.58.

TJX Companies Trading Down 0.8%

NYSE TJX opened at $136.3790 on Friday. The TJX Companies, Inc. has a fifty-two week low of $111.22 and a fifty-two week high of $145.58. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.51 and a current ratio of 1.17. The stock has a 50 day simple moving average of $127.00 and a two-hundred day simple moving average of $125.48. The stock has a market cap of $152.35 billion, a P/E ratio of 31.07, a price-to-earnings-growth ratio of 3.15 and a beta of 0.89.

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

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th will be issued a $0.425 dividend. The ex-dividend date is Thursday, August 14th. This represents a $1.70 annualized dividend and a yield of 1.2%. TJX Companies's dividend payout ratio (DPR) is 40.00%.

About TJX Companies

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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