The TJX Companies, Inc. $TJX Shares Sold by Guggenheim Capital LLC

Key Points

• Guggenheim Capital LLC reduced its stake in The TJX Companies by 22.1% in the first quarter, holding 111,292 shares worth approximately $13.56 million after selling 31,561 shares.
• Other institutional investors have increased their holdings, with Nuveen LLC investing about $1.33 billion and GAMMA Investing LLC raising its position by an astounding 14,486.1%.
• The TJX Companies recently reported $1.10 EPS for the quarter, exceeding analysts' expectations of $1.01 by $0.09, alongside a revenue of $14.40 billion, which was higher than the anticipated $14.12 billion.

Guggenheim Capital LLC decreased its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 22.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 111,292 shares of the apparel and home fashions retailer's stock after selling 31,561 shares during the quarter. Guggenheim Capital LLC's holdings in TJX Companies were worth $13,555,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Shell Asset Management Co. grew its holdings in shares of TJX Companies by 16.5% during the fourth quarter. Shell Asset Management Co. now owns 29,168 shares of the apparel and home fashions retailer's stock worth $3,524,000 after buying an additional 4,128 shares during the last quarter. Pathstone Holdings LLC grew its holdings in shares of TJX Companies by 10.1% during the fourth quarter. Pathstone Holdings LLC now owns 736,616 shares of the apparel and home fashions retailer's stock worth $88,992,000 after buying an additional 67,853 shares during the last quarter. Ethic Inc. grew its holdings in shares of TJX Companies by 21.1% during the fourth quarter. Ethic Inc. now owns 167,169 shares of the apparel and home fashions retailer's stock worth $20,196,000 after buying an additional 29,158 shares during the last quarter. Fiduciary Trust Co lifted its position in TJX Companies by 5.2% in the fourth quarter. Fiduciary Trust Co now owns 2,891,186 shares of the apparel and home fashions retailer's stock valued at $349,284,000 after purchasing an additional 144,113 shares during the period. Finally, Pinnacle Financial Partners Inc lifted its position in TJX Companies by 2.2% in the first quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer's stock valued at $46,989,000 after purchasing an additional 8,319 shares during the period. Hedge funds and other institutional investors own 91.09% of the company's stock.

TJX Companies Trading Down 0.4%

Shares of TJX traded down $0.49 during mid-day trading on Friday, hitting $136.63. The company had a trading volume of 4,116,829 shares, compared to its average volume of 5,607,160. The TJX Companies, Inc. has a 1-year low of $111.22 and a 1-year high of $145.58. The business's 50-day simple moving average is $128.35 and its 200-day simple moving average is $125.88. The stock has a market cap of $152.63 billion, a PE ratio of 31.12, a P/E/G ratio of 3.07 and a beta of 0.89. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.

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

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 14th will be paid a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, August 14th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies's payout ratio is currently 38.72%.

Insider Activity

In other news, Director Amy B. Lane sold 950 shares of the business's stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $128.09, for a total transaction of $121,685.50. Following the completion of the sale, the director directly owned 22,712 shares of the company's stock, valued at $2,909,180.08. The trade was a 4.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.13% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

TJX has been the subject of a number of research reports. BMO Capital Markets reiterated an "outperform" rating on shares of TJX Companies in a research report on Wednesday, May 21st. Cowen reiterated a "buy" rating on shares of TJX Companies in a research report on Tuesday, May 20th. Wall Street Zen upgraded shares of TJX Companies from a "hold" rating to a "buy" rating in a research report on Saturday, August 23rd. Barclays lifted their price target on shares of TJX Companies from $147.00 to $155.00 and gave the company an "overweight" rating in a research report on Thursday, August 21st. Finally, Robert W. Baird lifted their price target on shares of TJX Companies from $143.00 to $152.00 and gave the company an "outperform" rating in a research report on Thursday, August 21st. One investment 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 stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $147.58.

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.